North American Healthcare IT Market, By Application [Provider IT (EMR, PACS, CPOE, CDSS, RCM, Claims Management, Payroll), Payer IT (CRM, Fraud Detection)], Delivery Mode (On-Premises, Web-Based Services & Cloud Computing) & Component –Forecasts to 2017

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Date: 20-Jun-2013
No. of pages: 266
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Healthcare information technology (HCIT) has emerged as promising development to transform the paper-based healthcare system into a digitized one. HCIT also gives clinicians real-time access to patient data, and provides them with support to make the best possible decisions. It streamlines processes and reduces administrative overhead. The impact of IT on healthcare in the past decade has been modest, despite the huge potential.

In this report, the market is segmented on the basis of its applications, delivery modes, and components. Based on application, the North American healthcare information technology is segmented into provider (clinical information technology and non-clinical information technology) and payer, while the market by delivery mode is further categorized as on-premises, web-based, and cloud-based. The healthcare information technology by component comprises of hardware, software, and services. The North American HCIT market is forecast to grow at a CAGR of 7.4% to reach $31.3 billion by 2017 from $21.9 billion in 2012 due to the increasing demand for clinical information technology, and administrative solutions and services.

Major factors driving the growth of the healthcare information technology market are rise in pressure to cut healthcare costs, growing demand to integrate healthcare systems, high rate of return on investment, financial support from the U.S. government, government initiatives (e-health, health connect, pay-for-performance (P4P) program, e-Health Ontario and Alberta Netcare), rise in aging population, growing demand for CPOE adoption in order to reduce medication errors, and rise in incidences of chronic disorders.

However, major constraints to the growth of the healthcare IT system are high cost of healthcare IT solutions, high maintenance and service costs, interoperability issues, shortage of healthcare IT professionals, poor standard healthcare protocols such as Health Insurance Portability and Accountability Act (HIPAA), and unprecedented growing incidences of data breaches of patient information.

Canada is expected to register the highest CAGR of 7.7% (2012 to 2017) respectively in the overall North America healthcare information technology market, followed by U.S (7.2%). However, U.S. accounted for the highest share - 72.6% - of the North America Healthcare IT market and is expected to reach $22.6 billion in by 2017 as compared to $15.9 billion in 2012. The factors likely to propel the Canadian market are its public funded health structure, prominent role played by Canada Health Infoway, growing pressure to cut healthcare costs, and rise in incidences of chronic diseases.

The key players in the market are Cerner Corporation (U.S.), Epic (U.S.)., Carestream Health, Inc. (U.S.), McKesson Corporation (U.S.), Athenahealth, Inc. (U.S.), Siemens Healthcare (Germany), Medical Information System, Inc. (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), GE Healthcare (U.K.), NextGen Healthcare Information System, LLC (U.S.), Novarad Corporation (U.S.), Philips Healthcare (The Netherlands),and Hewlett-Packard (U.S.)

Scope of the Report

The research report categorizes the North America healthcare information technology market by delivery mode, by components, and application.These markets are further broken down into segments and sub-segments.

North America Healthcare Information Technology Market, by Application:


  • North America Provider Healthcare Information Technology Market

  • Clinical Information System

  • Hospital Information System

  • Electronic Medical Records

  • Picture Archiving and Communication System

  • Radiology Information System

  • Computerized Physician Order Entry

  • Cardiovascular Information and Imaging System

  • Clinical Decision Support System

  • Laboratory Information system

  • Pharmacy Information System

  • Others

  • Non-Clinical Information System

  • Payroll

  • Account Payable

  • Automatic Patient Billing

  • Claim Management

  • Revenue Cycle Management

  • Cost Accounting

  • Others

  • North America Payer Healthcare Information Technology Market

  • Workflow systems

  • Administrative systems

  • Others


North America Healthcare Information Technology Market, by Delivery Mode:

  • On-Premises

  • Web-based

  • Cloud-based


North America Healthcare Information Technology Market, by Components:

  • Hardware

  • Software

  • Services


North America Healthcare Information Technology Market, by Country:

  • U.S.

  • Canada

North American Healthcare IT Market, By Application [Provider IT (EMR, PACS, CPOE, CDSS, RCM, Claims Management, Payroll), Payer IT (CRM, Fraud Detection)], Delivery Mode (On-Premises, Web-Based Services & Cloud Computing) & Component –Forecasts to 2017

Table Of Contents

1 Introduction
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Key Data Points From Secondary Sources
1.5.3 Key Data Points From Primary Sources
1.5.4 Assumptions

2 Executive Summary

3 Market Overview
3.1 Introduction
3.2 North America Healthcare It Market Structure
3.3 North America Healthcare Industry Participants
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Information Technology Help To Reduce Healthcare Costs
3.4.1.2 Growing Need To Integrate Healthcare System
3.4.1.3 High Roi Has Increased Demand For It Solutions
3.4.1.4 Improved Quality Of Care & Clinical Outcomes
3.4.1.5 Rise In Aging Population To Propel The Demand For Healthcare It
3.4.1.6 Investments By Healthcare Stakeholders
3.4.1.7 Entry Of Healthcare Equipment Manufacturers And It Equipment Manufactures
3.4.1.8 Incentives And Initiatives By The Federal Government
3.4.1.9 Accountable Care Organizations
3.4.2 Restraints
3.4.2.1 Fragmented End-User Market Restricts Implementation Of Standard Solutions
3.4.2.2 High Costs Of Healthcare It Solutions
3.4.2.3 High Maintenance & Service Expenses
3.4.2.4 Shortage Of Healthcare It Professionals
3.4.2.5 Growing Incidences Of Data Breach Raises Concerns Of Privacy And Security
3.4.3 Opportunities
3.4.3.1 Shifting Focus Towards Patient-Centric Systems
3.4.3.2 Shortage Of Trained Care Provider Enhanced Outsourcing And Cloud-Based Hcit Solution
3.4.3.3 Emerging Markets Offer Huge Potential For Provider In U.S
3.4.3.4 Icd-10 Conversion System
3.5 North America Healthcare It Market Trends
3.5.1 User-Friendly Systems
3.5.2 Adoption Of Ehr On A Rise
3.5.3 Cloud Mode Of Delivery Will Be Favoured
3.5.4 Mobile Health Rises With The Increasing Use Of Smart Phones
3.6 Benefits Of Healthcare It
3.6.1 Improved Care And Increase Efficiency Of Workflow In Healthcare Enterprise
3.6.2 Increased Engagement Of Patient In Healthcare
3.6.3 Development Of New Tools For Healthcare
3.6.4 Enhanced Administrative Efficiency

4 North America Healthcare Provider And Payer Information Technology Market
4.1 Introduction
4.2 Healthcare Provider Information Technology Market
4.2.1 Clinical Information System (CIs)
4.2.1.1 Hospital Information System (HIs)
4.2.1.1.1 Electronic Health Record (EHR)
4.2.1.1.1.1 Decrease In Administrative Costs
4.2.1.1.1.2 Increased Investment In Healthcare It
4.2.1.1.1.3 Improved Quality Assurance
4.2.1.1.1.4 Ehr Implementation To Curtail Documentation Time & Cost
4.2.1.1.1.5 Interoperability And Integration Issues
4.2.1.1.1.6 Skepticism Among Healthcare Providers
4.2.1.1.1.7 Privacy And Security Issues
4.2.1.1.1.8 Need For Training
4.2.1.1.1.9 Manpower Shortage In Healthcare Industry
4.2.1.1.1.10 Emerging Asian Markets ;An Opportunity For North American Healthcare It Vendors To Invest
4.2.1.1.2 Picture Archiving & Communication Systems(PACS)
4.2.1.1.2.1 Growing Number Of Procedures Demands Efficient Image Handling
4.2.1.1.2.2 Enterprise Wide Networking Enabled Through PACS
4.2.1.1.2.3 Entry Barrier For New Entrants
4.2.1.1.3 Computerized Physician Order Entry (CPOE)
4.2.1.1.4 Radiology Information System (RIS)
4.2.1.1.5 Clinical Decision Support System (CDSS)
4.2.1.1.5.1 Growing Need Of Integrated Software Solutions Will Speed-Up The Growth Of Cdss Market
4.2.1.1.5.2 Financial Support By Government Drive Cdss Market Towards Growth
4.2.1.1.5.3 Technical And Implementation Challenges
4.2.1.1.5.4 Mobile Embedded Cdss Solution For Non-Clinical Users
4.2.1.1.6 Cardiovascular Information And Imaging Solution (CVIS)
4.2.1.1.6.1 Rise In Aging Trigger Incidences Of Cardiovascular Disease
4.2.1.1.6.2 Integrating And Implementation Challenges
4.2.1.2 Pharmacy Information System(PIS)
4.2.1.3 Laboratory Information System (LIS)
4.2.1.4 Others
4.2.2 Non Clinical Information System
4.2.2.1 Payroll System
4.2.2.2 Revenue Cycle Management System (RCM)
4.2.2.3 Drivers
4.2.2.3.1 Transformation In The Healthcare Segment
4.2.2.3.2 Decreasing Reimbursement
4.2.2.4 Patient Billing (PB)Informatics System
4.2.2.5 Cost Accounting System
4.2.2.6 Others
4.3 Healthcare Payer Information Technology Market
4.3.1 Drivers
4.3.1.1 Increased Operational Efficiency
4.3.1.2 Reduction In Errors
4.3.2 Restraint
4.3.2.1 Challenging Market Place
4.3.3 Workflow System
4.3.3.1 Pharmacy Audit And Analysis System
4.3.3.2 Claims Management System
4.3.3.3 Customer Relationship Management System
4.3.3.4 Fraud Detection System
4.3.4 Administrative System
4.3.4.1 Billing System
4.3.4.2 Payroll System
4.3.4.3 General Ledger System
4.3.5 Others

5 North America Healthcare Information Technology Market, By Component
5.1 Introduction
5.2 Hardware
5.3 Software
5.4 Services

6 North America Healthcare Information Technology Market, By Delivery Mode
6.1 Introduction
6.2 On-Premise
6.3 Web-Based
6.4 Cloud-Based

7 Geographic Analysis
7.1 Introduction
7.2 United States
7.3 Canada

8 Competitive Landscape
8.1 Introduction
8.2 New Product Developments/Product Modification
8.3 Collaborations/Partnerships/Agreements/ Joint Ventures
8.4 Mergers & Acquisitions
8.5 Others

9 Company Profiles (Overview, Financials, Products & Services, Strategy, & Developments)*
9.1 Allscripts Healthcare Solutions, Inc.
9.2 Athenahealth, Inc.
9.3 Carestream Health
9.4 Cerner Corporation
9.5 Eclinicalworks, Llc
9.6 E-Mds, Inc.
9.7 Epic
9.8 Ge Healthcare (Division Of General Electric Company)
9.9 Hewlett-Packard
9.10 Mckesson Corporation
9.11 Medical Information System, Inc.
9.12 Novarad Corporation
9.13 Philips Healthcare (Subsidiary Of Royal Philips Electronics)
9.14 Siemens Healthcare (Subsidiary Of Siemens AG)

*Details On Financials, Product & Services, Strategy, & Developments Might Not Be Captured In Case Of Unlisted Companies.

List Of Tables

Table 1 Healthcare Information Technology Market, By Application, 2010 – 2017 ($Million)
Table 2 Healthcare Provider Information Technology Market, By Application, 2010 – 2017 ($Million)
Table 3 Healthcare Provider Information Technology Market, By Country, 2010 – 2017 ($Million)
Table 4 CIS Market, By Application, 2010 – 2017 ($Million)
Table 5 CIS Market, By Country, 2010 – 2017 ($Million)
Table 6 HIS Market, By Application, 2010 – 2017 ($Million)
Table 7 HIS Market, By Country, 2010 – 2017 ($Million)
Table 8 EHR Market, By Country, 2010 – 2017 ($Million)
Table 9 PACS Market, By Country, 2010 – 2017 ($Million)
Table 10 CPOE Market, By Country, 2010 – 2017 ($Million)
Table 11 RIS Market, By Country, 2010 – 2017 ($Million)
Table 12 CDSS, By Country, 2010 – 2017 ($Million)
Table 13 CVIS Market, By Country, 2010 – 2017 ($Million)
Table 14 PIS Market, By Type, 2010 – 2017 ($Million)
Table 15 PIS Market, By Country, 2010 – 2017 ($Million)
Table 16 Inpatient Pis Market, By Country, 2010 – 2017 ($Million)
Table 17 Outpatient Pis Market, By Country, 2010 – 2017 ($Million)
Table 18 LIS Market, By Country, 2010 – 2017 ($Million)
Table 19 Other Cis Market, By Country, 2010 – 2017 ($Million)
Table 20 NCIS Market, By Application, 2010 – 2017 ($Million)
Table 21 NCIS Market, By Country, 2010 – 2017 ($Million)
Table 22 Payroll System Market, By Country, 2010 – 2017 ($Million)
Table 23 RCM System Market, By Country, 2010 – 2017 ($Million)
Table 24 Patient Billing Informatics System Market, By Country, 2010 – 2017 ($Million)
Table 25 Cost Accounting System Market, By Country, 2010 – 2017 ($Million)
Table 26 Others Market, By Country, 2010 – 2017 ($Million)
Table 27 Payer Hcit System Market, By Application, 2010 – 2017 ($Million)
Table 28 Payer Hcit System Market, By Country, 2010 – 2017 ($Million)
Table 29 Payer Workflow System Market, By Application, 2010 – 2017 ($Million)
Table 30 Payer Workflow System Market, By Country, 2010 – 2017 ($Million)
Table 31 Pharmacy Audit And Analysis System Market, By Country, 2010 – 2017 ($Million)
Table 32 Claims Management System Market, By Country, 2010 – 2017 ($Million)
Table 33 CRM System Market, By Country, 2010 – 2017 ($Million)
Table 34 Fraud Detection System Market, By Country, 2010 – 2017 ($Million)
Table 35 Administrative System Market, By Application, 2010 – 2017 ($Million)
Table 36 Administrative System Market, By Country, 2010 – 2017 ($Million)
Table 37 Billing System Market, By Country, 2010 – 2017 ($Million)
Table 38 Payroll System Market, By Country, 2010 – 2017 ($Million)
Table 39 General Ledger System Market, By Country, 2010 – 2017 ($Million)
Table 40 Others System Market, By Country, 2010 – 2017 ($Million)
Table 41 Healthcare Information Technology Market, By Component, 2010 – 2017 ($Million)
Table 42 Healthcare Information Technology Hardware Market, By Country, 2010 – 2017 ($Million)
Table 43 Healthcare Information Technology Software Market, By Country, 2010 – 2017 ($Million)
Table 44 Healthcare Information Technology Services Market, By Country, 2010 – 2017 ($Million)
Table 45 Healthcare Information Technology Market, By Delivery Mode, 2010 – 2017 ($Million)
Table 46 Healthcare Information Technology On-Premise Market, By Country, 2010 – 2017 ($Million)
Table 47 Healthcare Information Technology Web-Based Market, By Country, 2010 – 2017 ($Million)
Table 48 Healthcare Information Technology Cloud-Based Market, By Country, 2010 – 2017 ($Million)
Table 49 North America: Hcit Market, By Country, 2010 – 2017 ($Million)
Table 50 U.S.: Hcit Market, By Application, 2010 – 2017($Million)
Table 51 U.S.: Provider Hcit Market, By Application, 2010 – 2017 ($Million)
Table 52 U.S.: Cis Market, By Application, 2010 – 2017 ($Million)
Table 53 U.S.: His Market, By Application, 2010 – 2017 ($Million)
Table 54 U.S.: Ncis Market, By Application, 2010 – 2017 ($Million)
Table 55 U.S.: Payer It Market, By Application, 2010 – 2017 ($Million)
Table 56 U.S.: Workflow Systems Market, By Application, 2010 – 2017 ($Million)
Table 57 U.S.: Administrative System Market, By Application, 2010 – 2017 ($Million)
Table 58 U.S.: Hcit Market, By Delivery Mode, 2010 – 2017 ($Million)
Table 59 U.S.: Hcit Market, By Component, 2010 – 2017 ($Million)
Table 60 Canada: Hcit Market, By Application, 2010 – 2017 ($Million)
Table 61 Canada: Provider Hcit Market, By Application, 2010 – 2017 ($Million)
Table 62 Canada: Cis Market, By Application, 2010 – 2017 ($Million)
Table 63 Canada: His Market, By Application, 2010 – 2017 ($Million)
Table 64 Canada: Ncis Market, By Application, 2010 – 2017 ($Million)
Table 65 Canada: Payer It Market, By Application, 2010 – 2017 ($Million)
Table 66 Canada: Workflow System Market, By Application, 2010 – 2017 ($Million)
Table 67 Canada: Administrative System Market, By Application, 2010 – 2017 ($Million)
Table 68 Canada: Hcit Market, By Delivery Mode, 2010 – 2017 ($Million)
Table 69 Canada: Hcit Market, By Component, 2010 – 2017 ($Million)
Table 70 New Product Developments/Product Modification, 2010 – 2013
Table 71 Collaborations/Partnerships/Agreements/ Joint Ventures, 2010 – 2013
Table 72 Mergers & Acquisitions, 2010 – 2013
Table 73 Other Strategies, 2010 – 2012
Table 74 Allscripts: Total Revenue And R&D Expenditure, 2009 – 2011 ($Million)
Table 75 Allscripts: Total Revenue, By Segment, 2009 – 2011 ($Million)
Table 76 Allscripts: Total Revenue, By Geography, 2009 – 2011 ($Million)
Table 77 Athenahealth: Total Revenue And R&D Expenditure, 2009 – 2011 ($Million)
Table 78 Cerner Corporation: Total Revenue And R&D Expenditure, 2009 – 2011 ($Million)
Table 79 Cerner Corporation: Total Revenue, By Segment, 2009 – 2011 ($Million)
Table 80 Cerner Corporation: Total Revenue, By Geography, 2009 – 2011 ($Million)
Table 81 GE: Total Revenue And R&D Expenditure, 2010 – 2012 ($Billion)
Table 82 GE: Total Revenue, By Segment, 2010 – 2012 ($Million)
Table 83 GE: Total Revenue, By Geography, 2010 – 2012 ($Million)
Table 84 Hewlett-Packard: Total Revenue And R&D Expenditure, 2010 – 2012 ($Million)
Table 85 Hewlett-Packard: Total Revenue, By Geography, 2010 – 2012 ($Million)
Table 86 Mckesson Corporation: Total Revenue And R&D Expenses, 2010 – 2012($Million)
Table 87 Mckesson Corporation: Total Revenue, By Segment, 2010 – 2012 ($Million)
Table 88 Mckesson Corporation: Total Revenue, By Geography, 2010 – 2012 ($Million)
Table 89 Philips Electronics: Total Revenue And R&D Expenses, 2010 – 2012 ($Million)
Table 90 Philips Electronics: Total Revenue, By Segment, 2010 – 2012 ($Million)
Table 91 Philips Electronics: Total Revenue, By Geography, 2010 – 2012 ($Million)
Table 92 Siemens AG: Total Revenue And R&D Expenditure, 2010 – 2012($Million)
Table 93 Siemens AG Total Revenue, By Segment, 2010 – 2012 ($Million)
Table 94 Siemens AG: Total Revenue, By Geography, 2010 – 2012 ($Million)

List Of Figures

Figure 1 North America Healthcare Information Technology Market, By Type, 2010 – 2017 ($Million)
Figure 2 North America Healthcare It Market Segmentation
Figure 3 Interdependence Among Key Healthcare Industry Participants
Figure 4 North America Hcit Market Dynamics
Figure 5 North America Ehr Adoption Rate, By Physicians, 2008 – 2012
Figure 6 Benefits Of North America Healthcare Information Technology
Figure 7 North America Hospital Information System Market, Application Ranking, 2012
Figure 8 Key Growth Strategies, 2010 – 2013

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