Cerner Corporation (US) and Allscripts Healthcare Solutions, Inc. (US) are the Major Players in the North American Healthcare IT Market

The North America healthcare IT market is projected to reach USD 239.9 billion by 2025 from USD 96.3 billion in 2019, at a CAGR of 16.4% during the forecast period.

(EMAILWIRE.COM, April 20, 2021 ) Some of the prominent players operating in the North American healthcare IT market are McKesson Corporation (US), Oracle Corporation (US), GE Healthcare (US), Siemens Healthineers (Germany), Philips Healthcare (Netherlands), Athenahealth, Inc. (US), Infor, Inc. (US), Cognizant (US), Dell Technologies (US), and CVS Health (US).

Cerner Corporation (US) is one of the major players in the North America healthcare IT market 2018. The company has a diversified product portfolio, which includes a wide range of healthcare IT products and services.

Cerner’s position in the market is attributed to its active R&D activities and wide distribution footprint across the North American region. To garner a larger share of the North American healthcare IT market, the company continuously focuses on product launches and collaborations with other companies.

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Allscripts Healthcare Solutions, Inc. (US) is one of the major players in the North America healthcare IT market in 2018. Its dominance in the market can be attributed to its wide range of product offerings and its strong geographical footprint through strategic acquisitions and partnerships.

In 2018, the company acquired HealthGrid Holding Company that would help in the expansion of the Allscripts FollowMyHealth platform by integrating it with the HealthGrid capabilities. The company also focuses on R&D activities to develop its healthcare IT solutions that meet the customers’ demands.

Overview of This Research:

The study involved four major activities in estimating the size of the North America healthcare IT market. Exhaustive secondary research was done to collect information on the adoption of different technologies and their trends at the country level. Industry experts further validated the data obtained through secondary research through primary research.

Furthermore, the market size estimates and forecasts provided in this study are derived through a mix of the bottom-up approach (country-level incidence data for various diseases) and top-down approach (assessment of utilization/adoption/penetration trends, by product and services, components, and end user). After that, market breakdown and data triangulation methods were used to estimate the size of segments and subsegments.

Secondary Research:

Various secondary sources such as the US Department of Health and Human Services, Healthcare Information and Management Systems Society (HIMSS), National Association of Healthcare Quality, Centers for Disease Control and Prevention (CDC), Centers for Medicare and Medicaid Services (CMS), US Department of Labor, The Agency for Healthcare Research and Quality (AHRQ), Medical Records Institute, General Physician Hospital Organization (GPHO), Association of Information and Image Management (AIIM), The Economist Intelligence Unit, American Health Information Management Association (AHIMA), Healthcare IT News, World Health Organization (WHO), annual reports/SEC filings as well as investor presentations and press releases of key players have been used to identify and collect information useful for the study of the North America healthcare IT market.

Primary Research:

Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess the dynamics of this market. The primary participants mainly include product managers, business development directors, sales managers, and healthcare providers across the industry.

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