Medical Information Market to Record 22.12% Y-O-Y Growth Rate in 2021 | Accenture Plc and Change Healthcare Inc. Among Key Vendors | Technavio
NEW YORK, Jan. 20, 2022 /PRNewswire/ -- Medical Information Market Facts at a Glance-
NEW YORK, Jan. 20, 2022 /PRNewswire/ -- Medical Information Market Facts at a Glance-
To understand more about Market Dynamics. Download our FREE sample report
According to the recent market study by Technavio, the Medical Information Market is expected to increase by USD 7.83 billion from 2020 to 2025, at an accelerated CAGR of 25.02%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
North America will register the highest growth rate of 36% among the other regions. The US is the key market for medical information.
Download FREE Sample: for more additional information about the key countries in North America.
Vendor Insights-
The medical information market is fragmented, and the vendors are using various organic and inorganic growth strategies to compete in the market. The key news of some of the vendors is mentioned below:
Accenture Plc - In May 2021, the company acquired Homburg and Partner, a strategic management consulting company with deep specialization in commercial strategy, sales, and pricing.
Change Healthcare Inc. - In March 2021, the company unveiled a new collaboration with Amazon Web Services Inc. to better assess and enhance the effectiveness of interventions and therapies, mainly for underserved and vulnerable populations.
Cognizant Technology Solutions Corp. - In June 2021, the company completed the acquisition of Munich, Germany-based ESG Mobility, a digital automotive engineering, R&D provider for connected, autonomous, and electric vehicles.
Find additional highlights on the vendors and their product offerings. Download Free Sample Report
Regional Market Outlook
The medical information market share growth in North America will be significant during the forecast period. The US is the key market for medical information in North America.
North America has been recording a significant growth rate. It is expected to offer several growth opportunities to market vendors during the forecast period. The presence of favorable government initiatives will drive the medical information market growth in North America during the forecast period.
Download our FREE sample report for more key highlights on the regional market share of most of the above-mentioned countries.
Latest Drivers & Challenges Impacting Driving the Market-
The increasing adoption of EHRs is driving the growth of the medical information market. However, factors such as concerns related to data safety and security may challenge the market growth.
Find additional information about various other market Drivers & Challenges mentioned in our FREE sample report.
Didn't Find What You Were Looking For? Customize Report-
Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.
We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now!
Reasons to Buy Medical Information Market Report:
Here are Some Similar Topics-
Healthcare Archiving Ediscovery Market by Deployment and Geography - Forecast and Analysis 2022-2026
Healthcare Fraud Detection Market by Type and Geography - Forecast and Analysis 2022-2026
Medical Information Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 25.02% |
Market growth 2021-2025 |
USD 7.83 billion |
Market structure |
Fragmented |
YoY growth (%) |
22.12 |
Regional analysis |
North America, APAC, Europe, South America, and MEA |
Performing market contribution |
North America at 36% |
Key consumer countries |
US, UK, Germany, India, and China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Accenture Plc, Change Healthcare Inc., Cognizant Technology Solutions Corp., Ergomed Plc, HCL Technologies Ltd., Infosys Ltd., IQVIA Holdings Inc., MakroCare, Parexel International Corp., and ProPharma Group Holdings LLC |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article