The Asia Pacific Healthcare IT Market would witness market growth of 9% CAGR during the forecast period (2021-2027). As the healthcare landscape is changing rapidly, the adoption of digitalization and the internet in the healthcare processes has been essential to have a superior understanding of healthcare information technologies and their influence on health communication.
In addition to it, the massive incorporation of hospitals toward healthcare IT is supported by the advantages like simple usage and saves labor, time, and space. The demand and adoption of healthcare IT are increasing across the world as healthcare IT enables the safe exchange of medical data between providers, consumers, and payers.
The Asia-pacific healthcare IT market would be boosted by the increasing demand for remote patient monitoring solutions, due to the rising geriatric population and chronic diseases. Also, there is a constant burden in hospital administration to cut down the costs while enhancing the quality of care of a patient. In such a scenario, the regional healthcare ecosystems are shifting to advanced technologies and analytics with an aim to work more effectively, support patient care, and enhance their experience.
The regional healthcare industry has witnessed massive adoption of technology in order to enhance the workflow of nursing staff. For this, hospitals are integrating nurse ID badges with an RFID tag that is connected with the Wi-Fi network of the hospital. With the help of these tags, it becomes possible to monitor the movement of the nurses during their shift hours. The data is saved and examined with the aim to give suggestions to the hospitals to make improvements in the processes. Therefore, these aspects are likely to push the further development of the regional healthcare IT market during the forecast period.
The India market dominated the Asia Pacific Electronic Prescribing Systems Market by Country in 2020, thereby, achieving a market value of $1,172.6 million by 2027. The China market is witnessing a CAGR of 11.9% during (2021 - 2027). Additionally, The Japan market is anticipated to witness a CAGR of 10.4% during (2021 - 2027).
Based on Application, the market is segmented into Electronic Health Records, Clinical Information Systems, Laboratory Information Systems, Electronic Prescribing Systems, PACS, Tele-healthcare and Computerized Provider Order Entry Systems. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Healthcare IT Market is Projected to reach USD 125.1 Billion by 2027, at a CAGR of 7.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include UnitedHealth Group, Inc. (Optum, Inc.), Cerner Corporation, AllScripts Healthcare Solutions, Inc., Athenahealth, Inc. (Veritas Capital), Cognizant Technology Solutions Corporation, Koninklijke Philips N.V., Epic Systems Corporation, Oracle Corporation, Conduent, Incorporated, and Infor, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Electronic Health Records
- Clinical Information Systems
- Laboratory Information Systems
- Electronic Prescribing Systems
- PACS
- Tele-healthcare
- Computerized Provider Order Entry Systems
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- UnitedHealth Group, Inc. (Optum, Inc.)
- Cerner Corporation
- AllScripts Healthcare Solutions, Inc.
- Athenahealth, Inc. (Veritas Capital)
- Cognizant Technology Solutions Corporation
- Koninklijke Philips N.V.
- Epic Systems Corporation
- Oracle Corporation
- Conduent, Incorporated
- Infor, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Healthcare IT Market, by Application
1.4.2 Asia Pacific Healthcare IT Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
2.2.3 Market Opportunities
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Jan – 2021, May) Leading Players
Chapter 4. Asia Pacific Healthcare IT Market by Application
4.1 Asia Pacific Electronic Health Records Market by Country
4.2 Asia Pacific Clinical Information Systems Market by Country
4.3 Asia Pacific Laboratory Information Systems Market by Country
4.4 Asia Pacific Electronic Prescribing Systems Market by Country
4.5 Asia Pacific PACS Market by Country
4.6 Asia Pacific Tele-healthcare Market by Country
4.7 Asia Pacific Computerized Provider Order Entry Systems Market by Country
Chapter 5. Asia Pacific Healthcare IT Market by Country
5.1 India Healthcare IT Market
5.1.1 India Healthcare IT Market by Application
5.2 China Healthcare IT Market
5.2.1 China Healthcare IT Market by Application
5.3 Japan Healthcare IT Market
5.3.1 Japan Healthcare IT Market by Application
5.4 South Korea Healthcare IT Market
5.4.1 South Korea Healthcare IT Market by Application
5.5 Singapore Healthcare IT Market
5.5.1 Singapore Healthcare IT Market by Application
5.6 Malaysia Healthcare IT Market
5.6.1 Malaysia Healthcare IT Market by Application
5.7 Rest of Asia Pacific Healthcare IT Market
5.7.1 Rest of Asia Pacific Healthcare IT Market by Application
Chapter 6. Company Profiles
6.1 UnitedHealth Group, Inc. (Optum, Inc.)
6.1.1 Company Overview
6.1.1 Financial Analysis
6.1.2 Segmental Analysis
6.1.3 Recent strategies and developments:
6.1.3.1 Partnerships, Collaborations, and Agreements:
6.1.3.2 Product Launches and Product Expansions:
6.1.3.3 Acquisition and Mergers:
6.2 Cerner Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations, and Agreements:
6.2.5.2 Acquisition and Mergers:
6.3 AllScripts Healthcare Solutions, Inc.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional & Segmental Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Partnerships, Collaborations, and Agreements:
6.3.5.2 Product Launches and Product Expansions:
6.3.5.3 Acquisition and Mergers:
6.4 Athenahealth, Inc. (Veritas Capital)
6.4.1 Company overview
6.4.2 Recent strategies and developments:
6.4.2.1 Partnerships, Collaborations, and Agreements:
6.4.2.2 Product Launches and Product Expansions:
6.5 Cognizant Technology Solutions Corporation
6.5.1 Company overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Recent strategies and developments:
6.5.4.1 Partnerships, Collaborations, and Agreements:
6.5.4.2 Acquisition and Mergers:
6.6 Koninklijke Philips N.V.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expense
6.6.5 Recent strategies and developments:
6.6.5.1 Partnerships, Collaborations, and Agreements:
6.6.5.2 Acquisition and Mergers:
6.7 Epic Systems Corporation
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Partnerships, Collaborations, and Agreements:
6.8 Oracle Corporation
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.8.5.2 Product Launches and Product Expansions:
6.9 Conduent, Incorporated
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 Recent strategies and developments:
6.9.5.1 Partnerships, Collaborations, and Agreements:
6.9.5.2 Acquisition and Mergers:
6.10. Infor, Inc. (Koch Industries)
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Healthcare IT Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Healthcare IT Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Healthcare IT Market
TABLE 4 Product Launches And Product Expansions– Healthcare IT Market
TABLE 5 Acquisition and Mergers– Healthcare IT Market
TABLE 6 Asia Pacific Healthcare IT Market by Application, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Healthcare IT Market by Application, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Electronic Health Records Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Electronic Health Records Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Clinical Information Systems Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Clinical Information Systems Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Laboratory Information Systems Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Laboratory Information Systems Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Electronic Prescribing Systems Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Electronic Prescribing Systems Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific PACS Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific PACS Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Tele-healthcare Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Tele-healthcare Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Computerized Provider Order Entry Systems Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Computerized Provider Order Entry Systems Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Healthcare IT Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Healthcare IT Market by Country, 2021 - 2027, USD Million
TABLE 24 India Healthcare IT Market, 2017 - 2020, USD Million
TABLE 25 India Healthcare IT Market, 2021 - 2027, USD Million
TABLE 26 India Healthcare IT Market by Application, 2017 - 2020, USD Million
TABLE 27 India Healthcare IT Market by Application, 2021 - 2027, USD Million
TABLE 28 China Healthcare IT Market, 2017 - 2020, USD Million
TABLE 29 China Healthcare IT Market, 2021 - 2027, USD Million
TABLE 30 China Healthcare IT Market by Application, 2017 - 2020, USD Million
TABLE 31 China Healthcare IT Market by Application, 2021 - 2027, USD Million
TABLE 32 Japan Healthcare IT Market, 2017 - 2020, USD Million
TABLE 33 Japan Healthcare IT Market, 2021 - 2027, USD Million
TABLE 34 Japan Healthcare IT Market by Application, 2017 - 2020, USD Million
TABLE 35 Japan Healthcare IT Market by Application, 2021 - 2027, USD Million
TABLE 36 South Korea Healthcare IT Market, 2017 - 2020, USD Million
TABLE 37 South Korea Healthcare IT Market, 2021 - 2027, USD Million
TABLE 38 South Korea Healthcare IT Market by Application, 2017 - 2020, USD Million
TABLE 39 South Korea Healthcare IT Market by Application, 2021 - 2027, USD Million
TABLE 40 Singapore Healthcare IT Market, 2017 - 2020, USD Million
TABLE 41 Singapore Healthcare IT Market, 2021 - 2027, USD Million
TABLE 42 Singapore Healthcare IT Market by Application, 2017 - 2020, USD Million
TABLE 43 Singapore Healthcare IT Market by Application, 2021 - 2027, USD Million
TABLE 44 Malaysia Healthcare IT Market, 2017 - 2020, USD Million
TABLE 45 Malaysia Healthcare IT Market, 2021 - 2027, USD Million
TABLE 46 Malaysia Healthcare IT Market by Application, 2017 - 2020, USD Million
TABLE 47 Malaysia Healthcare IT Market by Application, 2021 - 2027, USD Million
TABLE 48 Rest of Asia Pacific Healthcare IT Market, 2017 - 2020, USD Million
TABLE 49 Rest of Asia Pacific Healthcare IT Market, 2021 - 2027, USD Million
TABLE 50 Rest of Asia Pacific Healthcare IT Market by Application, 2017 - 2020, USD Million
TABLE 51 Rest of Asia Pacific Healthcare IT Market by Application, 2021 - 2027, USD Million
TABLE 52 Key Information – UnitedHealth Group, Inc.
TABLE 53 key information – Cerner Corporation
TABLE 54 Key Information – AllScripts Healthcare Solutions, Inc.
TABLE 55 Key Information – Athenahealth, Inc.
TABLE 56 Key Information – Cognizant Technology Solutions Corporation
TABLE 57 Key Information – Koninklijke Philips N.V.
TABLE 58 Key Information – Epic Systems Corporation
TABLE 59 Key Information – Oracle Corporation
TABLE 60 Key Information –Conduent, Incorporated
TABLE 61 Key Information – Infor, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2018, Jan – 2021, May) Leading Players
FIG 5 Recent strategies and developments: UnitedHealth Group, Inc.
FIG 6 Recent strategies and developments: Cerner Corporation
FIG 7 Recent strategies and developments: AllScripts Healthcare Solutions, Inc.
FIG 8 Recent strategies and developments: Athenahealth, Inc.
FIG 9 Recent strategies and developments: Cognizant Technology Solutions Corporation
FIG 10 Recent strategies and developments: Koninklijke Philips N.V.
FIG 11 Recent strategies and developments: Oracle Corporation
FIG 12 Recent strategies and developments: Conduent, Incorporated