Published Date: 2022-11-21
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North America Healthcare IT Market size is predicted to reach USD 230 billion by 2028, according to a latest forecast report by Graphical Research.
Several government initiatives, in the form of programs and federal policies, are encouraging the growth of the healthcare IT industry. In Canada, for example, the Congestive Heart Failure Telehealth project was implemented with an aim to enhance access to clinical care for communities in rural areas. Health Canada collaborated with on-reserve Aboriginal communities in the province of Saskatchewan to provide nurses with access to tools and point-of-care through handheld technologies.
Increased access to electronic health records (EHRs) has resulted in centralized storage of all patient data and faster access for improved care and better outcomes. EHRs make medical billing quicker, smoother, and simpler. Over 85% of Canadian primary care doctors and 79% of community specialists utilize electronic health records for patient visits. Laboratory test data for approximately 97% of Canadians are available online but only to approved practitioners.
The Health Information Technology for Economic and Clinical Health Act (HITECH) established the rapid adoption of interoperable EHR in the healthcare system as a crucial national goal and encouraged EHR implementation in the United States. The increasing use of software solutions, data mining, and clinical trial management systems will generate demand for EHRs. However, the lack of availability of healthcare IT services to the remote population and very few skilled healthcare professionals in some regions of North America may hamper the market forecast.
North America healthcare IT market share from the mHealth segment will grow 15% CAGR through 2028. In the U.S. and Canada, a sizable portion of the population has access to mobile phones and internet services, resulting in more access to mHealth services. The American population's proclivity to stay active and healthy is growing, leading to a surge in the adoption of mHealth solutions and their integration with devices such as smartwatches & smart wearable devices.
The Healthcare Information and Management Systems Society (HIMSS) reports that around 64% of American citizens use an app to track health data. Obesity prevalence among people in the U.S. has increased the use of mHealth for weight control. The use of remote patient monitoring in Canada has also shown to be cost-effective, with fewer emergency room visits.
Browse detailed statistical insights from the report, “North America Healthcare Information Technology (IT) Market Forecast 2028 By Solution (Radiology Information Systems, Electronic Health Record, Picture Archiving and Communication Systems, Computerized Physician Order Entry, Vendor Neutral Archives, mHealth, Healthcare Analytics, Telehealth, Supply Chain Management, Customer Relationship Management, Fraud Management, Revenue Cycle Management), By End-use (Healthcare Providers {Hospitals, Pharmacies, Diagnostic and Imaging Centers, Ambulatory Clinical Units}, Healthcare Payer {Private, Public}), Research Report, Country Outlook (U.S., Canada), COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1487/north-america-healthcare-information-technology-it-market
North America healthcare information technology market share from the healthcare providers segment was valued at USD 58 billion revenue in 2021, with the development of innovative & well-structured hospitals with improved infrastructure. The provisions of healthcare information technology including EHRs have enabled healthcare providers to record patient information for a prolonged time duration with security and have eased the workflow of the healthcare providers in the region.
Moreover, telehealth has enabled healthcare providers to reach patients residing in remote areas. The quality of patient care by the healthcare providers has also improved by utilizing the services of healthcare information technology, thereby enhancing the patient experience.
To increase access to digital healthcare, public authorities in Canada are undertaking a slew of efforts. Prior to the pandemic, Ontario launched the Digital First for Health strategy, to enhance patient experience with the incorporation of digital technologies in healthcare. The COVID-19 pandemic has further made healthcare and self-monitoring of health conditions more accessible to public.
The North American healthcare IT market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2017 to 2028, for the following segments:
North America Market, By Solutions
North America Market, By End-use
The above information has been provided for the following countries:
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