Published: 31 Aug 2022 | Report Code: 10248763 | Pages: 108
Europe healthcare IT was valued at $68.9 billion in 2021 and will grow by 13.0% annually over 2021-2031, driven by the increasing volume of patient data, rising digitalization of healthcare system powered by technological advancements in mHealth/telehealth/remote patient monitoring, increasing investment and government mandates & support for healthcare IT solutions, and the need to curtail escalating healthcare costs with HCIT solutions due to COVID-19. Highlighted with 38 tables and 47 figures, this 108-page report “Europe Healthcare IT Market 2021-2031 by Component (Hardware, Software, Services), Product (Healthcare Providers Solutions, Healthcare Payers Solutions, HCIT Outsourcing Services), Delivery Mode (On-Premise, Cloud-based), End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe healthcare IT market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe healthcare IT market in every aspect of the classification from perspectives of Component, Product, Delivery Mode, End User, and Country. Based on Component, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2021-2031 included in each section. • Hardware • Software • Services Based on Product, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2021-2031 included in each section. • Healthcare Providers Solutions o Clinical Solutions ? Electronic Health Record (HER) ? Population Health Management Solutions ? Medical Image Processing Analysis System ? Picture Archiving and Communication Systems (PACS) ? Radiology Imaging Systems (RIS) ? Laboratory Information Systems ? Vendor Neutral Archive (VNA) ? Computerized Physician Order Entry (CPOE) ? Clinical Decision Support Systems ? Specialty Management Information Systems ? Healthcare IT Integration System ? Practice Management Systems ? Radiation Dose Management Systems ? Electronic Prescribing Systems ? Tele-Healthcare ? Others o Non-Clinical Solutions ? Healthcare Asset Management Solutions ? Healthcare Information Exchange ? Revenue Cycle Management Solutions ? Financial Management Systems ? Medical Document Management Systems ? Pharmacy Information Systems ? Workforce Management Systems ? Healthcare Analytics ? Healthcare Interoperability Solutions ? Healthcare Quality Management Solutions ? Medication Management Systems ? Others • Healthcare Payers Solutions o Claims Management Systems o Customer Relationship Management Solutions o Pharmacy Audit and Analysis Solutions o Payment Management Solutions o Member Eligibility Management Solutions o Fraud Analytics Solutions o Others • HCIT Outsourcing Services o Claims Management Services o Provider Network Management Services o Billing and Accounts Management Services o Fraud Analytics Services o Others By Delivery Mode, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2021-2031 included in each section. • On-Premise Deployment • Cloud-based Deployment By End User, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2021-2031 included in each section. • Healthcare Providers o Hospitals, Physician Groups and IDNs o Ambulatory Care Centers o Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities o Diagnostic and Imaging Centers o Other Providers • Healthcare Payers o Private Payers o Public Payers • Other End Users Geographically, the following national/local markets are fully investigated: • Germany • UK • France • Spain • Italy • Netherlands • Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland) For each key country, detailed analysis and data for annual revenue ($ bn) are available for 2021-2031. The breakdown of national markets by Component, Product and Delivery Mode over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: Allscripts Healthcare Solutions, Inc. Athenahealth Inc. Cerner Corporation Cognizant Technology Solutions Corporation eClinicalWorks LLC EPIC Systems Corporation GE Healthcare Infor Inc. International Business Machine Corporation Koninklijke Philips N.V. McKensson Corporation Optum, Inc. (A Part of Unitedhealth Group) Oracle Corporation Siemens Healthineers AG (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents: 1 Introduction 7 1.1 Industry Definition and Research Scope 7 1.1.1 Industry Definition 7 1.1.2 Research Scope 8 1.2 Research Methodology 11 1.2.1 Overview of Market Research Methodology 11 1.2.2 Market Assumption 12 1.2.3 Secondary Data 12 1.2.4 Primary Data 12 1.2.5 Data Filtration and Model Design 13 1.2.6 Market Size/Share Estimation 14 1.2.7 Research Limitations 15 1.3 Executive Summary 16 2 Market Overview and Dynamics 18 2.1 Market Size and Forecast 18 2.1.1 Impact of COVID-19 on World Economy 19 2.1.2 Impact of COVID-19 on the Market 21 2.2 Major Growth Drivers 23 2.3 Market Restraints and Challenges 27 2.4 Emerging Opportunities and Market Trends 30 2.5 Porter’s Fiver Forces Analysis 34 3 Segmentation of Europe Market by Component 38 3.1 Market Overview by Component 38 3.2 Hardware 40 3.3 Software 41 3.4 Services 42 4 Segmentation of Europe Market by Product 43 4.1 Market Overview by Product 43 4.2 Healthcare Providers Solutions 45 4.2.1 Clinical Solutions 46 4.2.2 Non-Clinical Solutions 48 4.3 Healthcare Payers Solutions 51 4.4 HCIT Outsourcing Services 53 5 Segmentation of Europe Market by Delivery Mode 55 5.1 Market Overview by Delivery Mode 55 5.2 On-Premise Deployment 57 5.3 Cloud-based Deployment 58 6 Segmentation of Europe Market by End User 59 6.1 Market Overview by End User 59 6.2 Healthcare Providers 61 6.2.1 Hospitals, Physician Groups and IDNs 63 6.2.2 Ambulatory Care Centers 64 6.2.3 Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities 65 6.2.4 Diagnostic and Imaging Centers 66 6.2.5 Other Providers 67 6.3 Healthcare Payers 68 6.3.1 Private Payers 69 6.3.2 Public Payers 70 6.4 Other End Users 71 7 European Market 2021-2031 by Country 72 7.1 Overview of European Market 72 7.2 Germany 75 7.3 U.K. 77 7.4 France 79 7.5 Spain 81 7.6 Italy 83 7.7 Netherlands 85 7.8 Rest of European Market 87 8 Competitive Landscape 89 8.1 Overview of Key Vendors 89 8.2 New Product Launch, Partnership, Investment, and M&A 92 8.3 Company Profiles 93 Allscripts Healthcare Solutions, Inc. 93 Athenahealth Inc. 95 Cerner Corporation 96 Cognizant Technology Solutions Corporation 97 eClinicalWorks LLC 98 EPIC Systems Corporation 99 GE Healthcare 100 Infor Inc. 101 International Business Machine Corporation 102 Koninklijke Philips N.V. 103 McKensson Corporation 104 Optum, Inc. (A Part of Unitedhealth Group) 105 Oracle Corporation 106 Siemens Healthineers AG 107 RELATED REPORTS 108
List of Tables: Table 1. Snapshot of Europe Healthcare IT Market in Balanced Perspective, 2021-2031 17 Table 2. World Economic Outlook, 2021-2031 20 Table 3. World Health Spending by Region, $ bn, 2013-2020 26 Table 4. Main Product Trends and Market Opportunities in Europe Healthcare IT Market 30 Table 5. Europe Healthcare IT Market by Component, 2021-2031, $ bn 38 Table 6. Europe Healthcare IT Market by Product, 2021-2031, $ bn 43 Table 7. Europe Healthcare IT Market: Healthcare Providers Solutions by Type, 2021-2031, $ bn 45 Table 8. Europe Healthcare IT Market: Clinical Solutions by Type, 2021-2031, $ bn 47 Table 9. Europe Healthcare IT Market: Non-Clinical Solutions by Type, 2021-2031, $ bn 49 Table 10. Europe Healthcare IT Market: Healthcare Payers Solutions by Type, 2021-2031, $ bn 52 Table 11. Europe Healthcare IT Market: HCIT Outsourcing Services by Type, 2021-2031, $ bn 54 Table 12. Europe Healthcare IT Market by Delivery Mode, 2021-2031, $ bn 55 Table 13. Europe Healthcare IT Market by End User, 2021-2031, $ bn 59 Table 14. Europe Healthcare IT Market: Healthcare Providers by Type, 2021-2031, $ bn 62 Table 15. Europe Healthcare IT Market: Healthcare Payers by Type, 2021-2031, $ bn 68 Table 16. Europe Healthcare IT Market by Country, 2021-2031, $ bn 74 Table 17. Germany Healthcare IT Market by Component, 2021-2031, $ bn 76 Table 18. Germany Healthcare IT Market by Product, 2021-2031, $ bn 76 Table 19. Germany Healthcare IT Market by Delivery Mode, 2021-2031, $ bn 76 Table 20. U.K. Healthcare IT Market by Component, 2021-2031, $ bn 78 Table 21. U.K. Healthcare IT Market by Product, 2021-2031, $ bn 78 Table 22. U.K. Healthcare IT Market by Delivery Mode, 2021-2031, $ bn 78 Table 23. France Healthcare IT Market by Component, 2021-2031, $ bn 80 Table 24. France Healthcare IT Market by Product, 2021-2031, $ bn 80 Table 25. France Healthcare IT Market by Delivery Mode, 2021-2031, $ bn 80 Table 26. Spain Healthcare IT Market by Component, 2021-2031, $ bn 82 Table 27. Spain Healthcare IT Market by Product, 2021-2031, $ bn 82 Table 28. Spain Healthcare IT Market by Delivery Mode, 2021-2031, $ bn 82 Table 29. Italy Healthcare IT Market by Component, 2021-2031, $ bn 84 Table 30. Italy Healthcare IT Market by Product, 2021-2031, $ bn 84 Table 31. Italy Healthcare IT Market by Delivery Mode, 2021-2031, $ bn 84 Table 32. Netherlands Healthcare IT Market by Component, 2021-2031, $ bn 86 Table 33. Netherlands Healthcare IT Market by Product, 2021-2031, $ bn 86 Table 34. Netherlands Healthcare IT Market by Delivery Mode, 2021-2031, $ bn 86 Table 35. Healthcare IT Market in Rest of Europe by Country, 2021-2031, $ bn 88 Table 36. Allscripts Healthcare Solutions, Inc.: Company Snapshot 93 Table 37. Allscripts Healthcare Solutions, Inc.: Business Segmentation 94 Table 38. Allscripts Healthcare Solutions, Inc.: Product Portfolio 94
List of Figures: Figure 1. Research Method Flow Chart 11 Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14 Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031 16 Figure 4. Europe Healthcare IT Market, 2021-2031, $ bn 18 Figure 5. Impact of COVID-19 on Business 21 Figure 6. Primary Drivers and Impact Factors of Europe Healthcare IT Market 23 Figure 7. Primary Restraints and Impact Factors of Europe Healthcare IT Market 27 Figure 8. Investment Opportunity Analysis 31 Figure 9. Porter’s Fiver Forces Analysis of Europe Healthcare IT Market 34 Figure 10. Breakdown of Europe Healthcare IT Market by Component, 2021-2031, % of Revenue 39 Figure 11. Europe Addressable Market Cap in 2022-2031 by Component, Value ($ bn) and Share (%) 39 Figure 12. Europe Healthcare IT Market by Component: Hardware, 2021-2031, $ bn 40 Figure 13. Europe Healthcare IT Market by Component: Software, 2021-2031, $ bn 41 Figure 14. Europe Healthcare IT Market by Component: Services, 2021-2031, $ bn 42 Figure 15. Breakdown of Europe Healthcare IT Market by Product, 2021-2031, % of Sales Revenue 44 Figure 16. Europe Addressable Market Cap in 2022-2031 by Product, Value ($ bn) and Share (%) 44 Figure 17. Europe Healthcare IT Market by Product: Healthcare Providers Solutions, 2021-2031, $ bn 45 Figure 18. Europe Healthcare IT Market by Healthcare Providers Solutions: Clinical Solutions, 2021-2031, $ bn 46 Figure 19. Europe Healthcare IT Market by Healthcare Providers Solutions: Non-Clinical Solutions, 2021-2031, $ bn 48 Figure 20. Europe Healthcare IT Market by Product: Healthcare Payers Solutions, 2021-2031, $ bn 51 Figure 21. Europe Healthcare IT Market by Product: HCIT Outsourcing Services, 2021-2031, $ bn 53 Figure 22. Breakdown of Europe Healthcare IT Market by Delivery Mode, 2021-2031, % of Sales Revenue 56 Figure 23. Europe Addressable Market Cap in 2022-2031 by Delivery Mode, Value ($ bn) and Share (%) 56 Figure 24. Europe Healthcare IT Market by Delivery Mode: On-Premise Deployment, 2021-2031, $ bn 57 Figure 25. Europe Healthcare IT Market by Delivery Mode: Cloud-based Deployment, 2021-2031, $ bn 58 Figure 26. Breakdown of Europe Healthcare IT Market by End User, 2021-2031, % of Revenue 60 Figure 27. Europe Addressable Market Cap in 2022-2031 by End User, Value ($ bn) and Share (%) 60 Figure 28. Europe Healthcare IT Market by End User: Healthcare Providers, 2021-2031, $ bn 61 Figure 29. Europe Healthcare IT Market by Healthcare Providers: Hospitals, Physician Groups and IDNs, 2021-2031, $ bn 63 Figure 30. Europe Healthcare IT Market by Healthcare Providers: Ambulatory Care Centers, 2021-2031, $ bn 64 Figure 31. Europe Healthcare IT Market by Healthcare Providers: Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities, 2021-2031, $ bn 65 Figure 32. Europe Healthcare IT Market by Healthcare Providers: Diagnostic and Imaging Centers, 2021-2031, $ bn 66 Figure 33. Europe Healthcare IT Market by Healthcare Providers: Other Providers, 2021-2031, $ bn 67 Figure 34. Europe Healthcare IT Market by End User: Healthcare Payers, 2021-2031, $ bn 68 Figure 35. Europe Healthcare IT Market by Healthcare Payers: Private Payers, 2021-2031, $ bn 69 Figure 36. Europe Healthcare IT Market by Healthcare Payers: Public Payers, 2021-2031, $ bn 70 Figure 37. Europe Healthcare IT Market by End User: Other End Users, 2021-2031, $ bn 71 Figure 38. Breakdown of European Healthcare IT Market by Country, 2021 and 2031, % of Revenue 73 Figure 39. Contribution to Europe 2022-2031 Cumulative Market by Country, Value ($ bn) and Share (%) 74 Figure 40. Healthcare IT Market in Germany, 2021-2031, $ bn 75 Figure 41. Healthcare IT Market in U.K., 2021-2031, $ bn 77 Figure 42. Healthcare IT Market in France, 2021-2031, $ bn 79 Figure 43. Healthcare IT Market in Spain, 2021-2031, $ bn 81 Figure 44. Healthcare IT Market in Italy, 2021-2031, $ bn 83 Figure 45. Healthcare IT Market in Netherlands, 2021-2031, $ bn 85 Figure 46. Healthcare IT Market in Rest of Europe, 2021-2031, $ bn 87 Figure 47. Growth Stage of Europe Healthcare IT Industry over the Forecast Period 89
Selected Key Players: Allscripts Healthcare Solutions, Inc. Athenahealth Inc. Cerner Corporation Cognizant Technology Solutions Corporation eClinicalWorks LLC EPIC Systems Corporation GE Healthcare Infor Inc. International Business Machine Corporation Koninklijke Philips N.V. McKensson Corporation Optum, Inc. (A Part of Unitedhealth Group) Oracle Corporation Siemens Healthineers AG (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)