North American Healthcare IT Market by Solution (Provider, Payer(Clinical (EHR, PHM, PACS & VNA, Telehealth, RCM, CDSS), Nonclinical (Analytics, Pharmacy, Interoperability)), Service(Claim, Billing)), End User(Hospital, Payer) - Global Forecast to 2030
The North American healthcare IT market is projected to reach USD 439.09 billion by 2030 from USD 229.05 billion in 2025, at a CAGR of 13.9% during the forecast period. Growth in this market is driven by the rising adoption of digital health solutions, including electronic health records (EHRs), telehealth, and AI-powered clinical decision support tools. Increasing pressure to reduce healthcare costs, improve patient outcomes, and streamline operations has led providers and payers to invest heavily in IT infrastructure. However, increased data security concerns and reluctance among medical professionals to adopt advanced healthcare IT tools are challenging the growth of this market.
Scope of the Report
Years Considered for the Study
2024-2030
Base Year
2024
Forecast Period
2024-2030
Units Considered
Value (USD billion)
Segments
Solution & Service, Component, End User, and Region
Regions covered
US and Canada
"The healthcare provider solutions segment accounted for the largest share of the North American healthcare IT market in 2024."
Based on type, the healthcare provider solutions segment held the largest share of the market in 2024. The increased adoption of digital health solutions, especially electronic health records, among healthcare providers can be largely attributed to government regulations and incentive programs that encourage healthcare providers to implement these technologies. Additionally, there is a growing demand for better patient care, enhanced operational efficiency, and reduced costs in hospitals and clinics. The rising prevalence of chronic diseases and an aging population are further fueling the need for scalable IT solutions.
"The software segment is expected to grow at the highest CAGR during the forecast period."
The software segment is expected to experience the highest CAGR in the North American healthcare IT market during the forecast period. This growth is largely driven by the rapid shift toward digital health solutions, as increased awareness and government mandates promote the adoption of advanced healthcare software for both clinical and administrative functions. There is a strong emphasis on implementing software for electronic health records, population health management, and advanced analytics, as these tools facilitate improved data collection, storage, and analysis in various healthcare settings. Additionally, the integration of artificial intelligence (AI) and the Internet of Things (IoT) into healthcare software is creating new opportunities for enhanced patient care, operational efficiency, and remote monitoring, which is further boosting the demand for innovative software solutions in the region.
"The US is expected to grow at the highest CAGR during the forecast period."
The US healthcare IT market is expected to experience the highest CAGR during the forecast period. This growth is primarily driven by the widespread adoption of electronic health records (EHRs) and electronic medical records (EMRs), which have been encouraged by federal mandates and initiatives like the HITECH Act. There is also a strong demand for interoperability, value-based care, and population health management, which is accelerating the adoption of healthcare analytics and management software. Additionally, the aging US population and the rising prevalence of chronic diseases are motivating healthcare providers to implement IT solutions that enhance care coordination and patient management.
The breakdown of primary participants is as mentioned below:
By Company Type: Tier 1 (35%), Tier 2 (45%), and Tier 3 (20%)
By Designation: C-level Executives (40%), Directors (35%), and Others (25%)
By Country: US (75%) and Canada (25%)
Key players in the North American healthcare IT market
The key players operating in the North American healthcare IT market include Oracle (US), Veradigm, Inc. (US), McKesson Corporation (US), Koninklijke Philips N.V. (Netherlands), Optum, Inc. (US), Cognizant (US), GE Healthcare (US), InterSystems Corporation (US), SAS Institute Inc. (US), Inovalon (US), Epic Systems Corporation (US), athenahealth (US), Infor (US), Dell Inc. (US), Salesforce, Inc. (US), Merative (US),eClinical Works (US), Nuance Communications, Inc. (US), CitiusTech Inc. (US), Wipro (India), MedeAnalytics, Inc. (US), Carestream Health (US), Practice Fusion, Inc. (US), Surgical Information Systems (Georgia), and Medecision (US).
The study includes an in-depth competitive analysis of these key players in the North American healthcare IT market, with their company profiles, recent developments, and key market strategies.
Research Coverage
This report provides an analysis of the North American healthcare IT market, estimating the market size and future growth potential across various segments. These segments are categorized by solutions and services, components, end users, and countries. The report also examines key factors influencing market growth, including drivers, restraints, opportunities, and challenges.
Additionally, it evaluates potential opportunities and challenges for stakeholders within the market. The report investigates micromarkets in terms of their growth trends, prospects, and contributions to the overall North American healthcare IT market. It forecasts revenue for different market segments in the North American region.
Lastly, the report includes a competitive analysis of the key players in the market, detailing their company profiles, product offerings, recent developments, and key market strategies.
Reasons to Buy the Report
This report will provide valuable insights for both established companies and new or smaller firms, allowing them to better understand market trends and capture a larger share of the market. Companies that purchase this report can employ one or more of the strategies listed below to enhance their market position.
This report provides insights on:
Analysis of key drivers (growing need to curtail escalating healthcare costs, favorable government mandates and support for healthcare IT solutions, shift towards patient-centric healthcare delivery, and high returns on investment associated with healthcare IT solutions), restraints (high cost of deployment of healthcare IT solutions for small and mid-sized organizations), opportunities (increasing use of healthcare IT solutions in outpatient care facilities; growing inclination towards home healthcare; increasing deployment of cloud-based EMR solutions; growing blockchain, AI, and IoT markets; and expanding mHealth, telehealth, and remote patient monitoring markets), and challenges (lack of integration of healthcare IT solutions, increased data security concerns, reluctance among medical professionals to adopt advanced healthcare IT tools, and dearth of skilled IT professionals in healthcare industry) influencing the growth of the North American healthcare IT market.
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the North American healthcare IT market.
Market Development: Comprehensive information on the lucrative emerging markets, solutions & services, components, end users, and countries.
Market Diversification: Exhaustive information about the product portfolios, growing geographies, recent developments, and investments in the North American healthcare IT market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, and capabilities of the leading players in the North American healthcare IT market like Oracle (US), Veradigm, Inc. (US), McKesson Corporation (US), Koninklijke Philips N.V. (Netherlands), Optum, Inc. (US), and Cognizant (US).
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKET SEGMENTATION & REGIONAL SCOPE
1.3.2 INCLUSIONS & EXCLUSIONS
1.4 YEARS CONSIDERED
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
2.1.1 SECONDARY RESEARCH
2.1.2 KEY DATA FROM SECONDARY SOURCES
2.1.3 PRIMARY DATA
2.1.4 KEY DATA FROM PRIMARY SOURCES
2.1.5 INSIGHTS FROM PRIMARY EXPERTS
2.2 MARKET SIZE ESTIMATION
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
2.4 MARKET SHARE ESTIMATION
2.5 ASSUMPTIONS
2.6 LIMITATIONS
2.6.1 METHODOLOGY-RELATED LIMITATIONS
2.6.2 SCOPE-RELATED LIMITATIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 NORTH AMERICAN HEALTHCARE IT MARKET OVERVIEW
4.2 NORTH AMERICAN HEALTHCARE IT MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
4.3 US: HEALTHCARE IT MARKET, BY END USER AND COMPONENT (2024)
4.4 REGIONAL MIX: NORTH AMERICAN HEALTHCARE IT MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing need to curtail escalating healthcare costs
5.2.1.2 Favorable government mandates and support for healthcare IT solutions
5.13.1 CASE STUDY 1: RADIATION DOSE MANAGEMENT - FOCUS ON REDUCING RADIATION DOSE
5.13.2 CASE STUDY 2: VNA & PACS - EFFORTLESS INTEGRATION AND INSTANT DATA ACCESS PROVIDED BY SYNAPPS VNA
5.13.3 CASE STUDY 3: HEALTH INFORMATION EXCHANGE - HEALTHINFONET AND ORION HEALTH COLLABORATE FOR RAPID DELIVERY OF HIE SERVICES TO PATIENTS AND HEALTHCARE PROVIDERS
5.14 END-USER ANALYSIS
5.14.1 UNMET NEEDS
5.14.2 END-USER EXPECTATIONS
5.15 BUSINESS MODEL ANALYSIS
5.15.1 SOFTWARE LICENSING MODEL
5.15.2 SOFTWARE-AS-A-SERVICE (SAAS) MODEL
5.15.3 HARDWARE-SOFTWARE BUNDLE
5.15.4 PAY-PER-USE MODEL
5.15.5 FREEMIUM MODEL
5.15.6 DATA-AS-A-SERVICE (DAAS) MODEL
5.16 FUNDING SCENARIO
6 NORTH AMERICAN HEALTHCARE IT MARKET, BY SOLUTION & SERVICE
6.1 INTRODUCTION
6.2 HEALTHCARE PROVIDER SOLUTIONS
6.2.1 CLINICAL HCIT SOLUTIONS
6.2.1.1 Electronic health records
6.2.1.1.1 Increasing demand for EHRs to drive growth
6.2.1.2 Population health management
6.2.1.2.1 Aggregation and collation advantages to boost adoption
6.2.1.3 Specialty information management systems
6.2.1.3.1 Oncology information systems
6.2.1.3.1.1 Enhanced oncology outcomes through integrated information systems to drive growth
6.2.1.3.2 Cardiovascular information systems
6.2.1.3.2.1 Transforming cardiovascular workflows through intelligent information systems to drive market
6.2.1.3.3 Other specialty information systems
6.2.1.4 PACS & VNA
6.2.1.4.1 Expansion in imaging procedure volumes set to drive higher demand
6.2.1.5 Mobile health applications
6.2.1.5.1 Rising demand for remote monitoring and self-care tools to accelerate mHealth application adoption
6.2.1.6 HCIT integration
6.2.1.6.1 Expanding need for interoperability and streamlined data exchange to drive HCIT integration growth
6.2.1.7 Telehealth solutions
6.2.1.7.1 Growing demand for virtual care and access expansion to fuel telehealth solutions market
6.2.1.8 Medical image analysis
6.2.1.8.1 Advancements in AI and diagnostic accuracy to propel medical image analysis adoption
6.2.1.9 Laboratory information systems
6.2.1.9.1 Emphasis on diagnostic efficiency and workflow automation to drive LIS adoption
6.2.1.10 Practice management systems
6.2.1.10.1 Operational efficiency and revenue optimization to boost practice management systems adoption
6.2.1.11 Clinical decision support systems
6.2.1.11.1 Growing focus on evidence-based care and diagnostic accuracy
6.2.1.12 ePrescribing solutions
6.2.1.12.1 Drive for medication safety and workflow optimization to fuel ePrescribing solutions adoption
6.2.1.13 Radiology information systems
6.2.1.13.1 Need for streamlined imaging workflows and accurate reporting to enhance radiology solutions
6.2.1.14 Computerized physician order entry
6.2.1.14.1 Emphasis on reducing medication errors and enhancing clinical accuracy to drive CPOE system adoption
6.2.1.15 Patient registry software
6.2.1.15.1 Rising focus on outcome tracking and population health to boost patient registry software adoption
6.2.1.16 Infection surveillance
6.2.1.16.1 Potential to minimize financial and human impact of infections to support adoption
6.2.1.17 Radiation dose management
6.2.1.17.1 Regulatory pressures and patient safety initiatives to drive radiation dose management solutions
6.2.2 NON-CLINICAL HCIT SOLUTIONS
6.2.2.1 Healthcare asset management solutions
6.2.2.1.1 Emphasis on cost control and equipment efficiency to boost market
6.2.2.2 Revenue cycle management solutions
6.2.2.2.1 Front-end RCM Solutions
6.2.2.2.1.1 Patient experience and pre-visit accuracy to drive front-end RCM adoption
6.2.2.2.2 Mid-RCM solutions
6.2.2.2.2.1 Operational accuracy and coding compliance to fuel mid-RCM investments
6.2.2.2.3 Back-end RCM solutions
6.2.2.2.3.1 Automation and analytics to enhance efficiency in back-end RCM processes
6.2.2.3 Healthcare analytics
6.2.2.3.1 Clinical analytics solutions
6.2.2.3.1.1 Demand for data-driven decision-making to propel adoption of healthcare analytics solutions
6.2.2.3.2 Financial analytics solutions
6.2.2.3.2.1 Enhancing revenue integrity and strategic planning with financial analytics to support market