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
August 31, 2022
Global Markets Direct
108
PDF
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
Abstract 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 oClinical 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 oNon-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 oClaims Management Systems oCustomer Relationship Management Solutions oPharmacy Audit and Analysis Solutions oPayment Management Solutions oMember Eligibility Management Solutions oFraud Analytics Solutions oOthers •HCIT Outsourcing Services oClaims Management Services oProvider Network Management Services oBilling and Accounts Management Services oFraud Analytics Services oOthers
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 oHospitals, Physician Groups and IDNs oAmbulatory Care Centers oHome Healthcare Agencies, Nursing Homes, and Assisted Living Facilities oDiagnostic and Imaging Centers oOther Providers •Healthcare Payers oPrivate Payers oPublic 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.)
Content Table of Contents
1 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics18 2.1 Market Size and Forecast18 2.1.1 Impact of COVID-19 on World Economy19 2.1.2 Impact of COVID-19 on the Market21 2.2 Major Growth Drivers23 2.3 Market Restraints and Challenges27 2.4 Emerging Opportunities and Market Trends30 2.5 Porter’s Fiver Forces Analysis34 3 Segmentation of Europe Market by Component38 3.1 Market Overview by Component38 3.2 Hardware40 3.3 Software41 3.4 Services42 4 Segmentation of Europe Market by Product43 4.1 Market Overview by Product43 4.2 Healthcare Providers Solutions45 4.2.1 Clinical Solutions46 4.2.2 Non-Clinical Solutions48 4.3 Healthcare Payers Solutions51 4.4 HCIT Outsourcing Services53 5 Segmentation of Europe Market by Delivery Mode55 5.1 Market Overview by Delivery Mode55 5.2 On-Premise Deployment57 5.3 Cloud-based Deployment58 6 Segmentation of Europe Market by End User59 6.1 Market Overview by End User59 6.2 Healthcare Providers61 6.2.1 Hospitals, Physician Groups and IDNs63 6.2.2 Ambulatory Care Centers64 6.2.3 Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities65 6.2.4 Diagnostic and Imaging Centers66 6.2.5 Other Providers67 6.3 Healthcare Payers68 6.3.1 Private Payers69 6.3.2 Public Payers70 6.4 Other End Users71 7 European Market 2021-2031 by Country72 7.1 Overview of European Market72 7.2 Germany75 7.3 U.K.77 7.4 France79 7.5 Spain81 7.6 Italy83 7.7 Netherlands85 7.8 Rest of European Market87 8 Competitive Landscape89 8.1 Overview of Key Vendors89 8.2 New Product Launch, Partnership, Investment, and M&A92 8.3 Company Profiles93 Allscripts Healthcare Solutions, Inc.93 Athenahealth Inc.95 Cerner Corporation96 Cognizant Technology Solutions Corporation97 eClinicalWorks LLC98 EPIC Systems Corporation99 GE Healthcare100 Infor Inc.101 International Business Machine Corporation102 Koninklijke Philips N.V.103 McKensson Corporation104 Optum, Inc. (A Part of Unitedhealth Group)105 Oracle Corporation106 Siemens Healthineers AG107 RELATED REPORTS108List of Tables:
Table 1. Snapshot of Europe Healthcare IT Market in Balanced Perspective, 2021-203117 Table 2. World Economic Outlook, 2021-203120 Table 3. World Health Spending by Region, $ bn, 2013-202026 Table 4. Main Product Trends and Market Opportunities in Europe Healthcare IT Market30 Table 5. Europe Healthcare IT Market by Component, 2021-2031, $ bn38 Table 6. Europe Healthcare IT Market by Product, 2021-2031, $ bn43 Table 7. Europe Healthcare IT Market: Healthcare Providers Solutions by Type, 2021-2031, $ bn45 Table 8. Europe Healthcare IT Market: Clinical Solutions by Type, 2021-2031, $ bn47 Table 9. Europe Healthcare IT Market: Non-Clinical Solutions by Type, 2021-2031, $ bn49 Table 10. Europe Healthcare IT Market: Healthcare Payers Solutions by Type, 2021-2031, $ bn52 Table 11. Europe Healthcare IT Market: HCIT Outsourcing Services by Type, 2021-2031, $ bn54 Table 12. Europe Healthcare IT Market by Delivery Mode, 2021-2031, $ bn55 Table 13. Europe Healthcare IT Market by End User, 2021-2031, $ bn59 Table 14. Europe Healthcare IT Market: Healthcare Providers by Type, 2021-2031, $ bn62 Table 15. Europe Healthcare IT Market: Healthcare Payers by Type, 2021-2031, $ bn68 Table 16. Europe Healthcare IT Market by Country, 2021-2031, $ bn74 Table 17. Germany Healthcare IT Market by Component, 2021-2031, $ bn76 Table 18. Germany Healthcare IT Market by Product, 2021-2031, $ bn76 Table 19. Germany Healthcare IT Market by Delivery Mode, 2021-2031, $ bn76 Table 20. U.K. Healthcare IT Market by Component, 2021-2031, $ bn78 Table 21. U.K. Healthcare IT Market by Product, 2021-2031, $ bn78 Table 22. U.K. Healthcare IT Market by Delivery Mode, 2021-2031, $ bn78 Table 23. France Healthcare IT Market by Component, 2021-2031, $ bn80 Table 24. France Healthcare IT Market by Product, 2021-2031, $ bn80 Table 25. France Healthcare IT Market by Delivery Mode, 2021-2031, $ bn80 Table 26. Spain Healthcare IT Market by Component, 2021-2031, $ bn82 Table 27. Spain Healthcare IT Market by Product, 2021-2031, $ bn82 Table 28. Spain Healthcare IT Market by Delivery Mode, 2021-2031, $ bn82 Table 29. Italy Healthcare IT Market by Component, 2021-2031, $ bn84 Table 30. Italy Healthcare IT Market by Product, 2021-2031, $ bn84 Table 31. Italy Healthcare IT Market by Delivery Mode, 2021-2031, $ bn84 Table 32. Netherlands Healthcare IT Market by Component, 2021-2031, $ bn86 Table 33. Netherlands Healthcare IT Market by Product, 2021-2031, $ bn86 Table 34. Netherlands Healthcare IT Market by Delivery Mode, 2021-2031, $ bn86 Table 35. Healthcare IT Market in Rest of Europe by Country, 2021-2031, $ bn88 Table 36. Allscripts Healthcare Solutions, Inc.: Company Snapshot93 Table 37. Allscripts Healthcare Solutions, Inc.: Business Segmentation94 Table 38. Allscripts Healthcare Solutions, Inc.: Product Portfolio94
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 oClinical 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 oNon-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 oClaims Management Systems oCustomer Relationship Management Solutions oPharmacy Audit and Analysis Solutions oPayment Management Solutions oMember Eligibility Management Solutions oFraud Analytics Solutions oOthers •HCIT Outsourcing Services oClaims Management Services oProvider Network Management Services oBilling and Accounts Management Services oFraud Analytics Services oOthers
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 oHospitals, Physician Groups and IDNs oAmbulatory Care Centers oHome Healthcare Agencies, Nursing Homes, and Assisted Living Facilities oDiagnostic and Imaging Centers oOther Providers •Healthcare Payers oPrivate Payers oPublic 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 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope8 1.2 Research Methodology11 1.2.1 Overview of Market Research Methodology11 1.2.2 Market Assumption12 1.2.3 Secondary Data12 1.2.4 Primary Data12 1.2.5 Data Filtration and Model Design13 1.2.6 Market Size/Share Estimation14 1.2.7 Research Limitations15 1.3 Executive Summary16 2 Market Overview and Dynamics18 2.1 Market Size and Forecast18 2.1.1 Impact of COVID-19 on World Economy19 2.1.2 Impact of COVID-19 on the Market21 2.2 Major Growth Drivers23 2.3 Market Restraints and Challenges27 2.4 Emerging Opportunities and Market Trends30 2.5 Porter’s Fiver Forces Analysis34 3 Segmentation of Europe Market by Component38 3.1 Market Overview by Component38 3.2 Hardware40 3.3 Software41 3.4 Services42 4 Segmentation of Europe Market by Product43 4.1 Market Overview by Product43 4.2 Healthcare Providers Solutions45 4.2.1 Clinical Solutions46 4.2.2 Non-Clinical Solutions48 4.3 Healthcare Payers Solutions51 4.4 HCIT Outsourcing Services53 5 Segmentation of Europe Market by Delivery Mode55 5.1 Market Overview by Delivery Mode55 5.2 On-Premise Deployment57 5.3 Cloud-based Deployment58 6 Segmentation of Europe Market by End User59 6.1 Market Overview by End User59 6.2 Healthcare Providers61 6.2.1 Hospitals, Physician Groups and IDNs63 6.2.2 Ambulatory Care Centers64 6.2.3 Home Healthcare Agencies, Nursing Homes, and Assisted Living Facilities65 6.2.4 Diagnostic and Imaging Centers66 6.2.5 Other Providers67 6.3 Healthcare Payers68 6.3.1 Private Payers69 6.3.2 Public Payers70 6.4 Other End Users71 7 European Market 2021-2031 by Country72 7.1 Overview of European Market72 7.2 Germany75 7.3 U.K.77 7.4 France79 7.5 Spain81 7.6 Italy83 7.7 Netherlands85 7.8 Rest of European Market87 8 Competitive Landscape89 8.1 Overview of Key Vendors89 8.2 New Product Launch, Partnership, Investment, and M&A92 8.3 Company Profiles93 Allscripts Healthcare Solutions, Inc.93 Athenahealth Inc.95 Cerner Corporation96 Cognizant Technology Solutions Corporation97 eClinicalWorks LLC98 EPIC Systems Corporation99 GE Healthcare100 Infor Inc.101 International Business Machine Corporation102 Koninklijke Philips N.V.103 McKensson Corporation104 Optum, Inc. (A Part of Unitedhealth Group)105 Oracle Corporation106 Siemens Healthineers AG107 RELATED REPORTS108List of Tables:
Table 1. Snapshot of Europe Healthcare IT Market in Balanced Perspective, 2021-203117 Table 2. World Economic Outlook, 2021-203120 Table 3. World Health Spending by Region, $ bn, 2013-202026 Table 4. Main Product Trends and Market Opportunities in Europe Healthcare IT Market30 Table 5. Europe Healthcare IT Market by Component, 2021-2031, $ bn38 Table 6. Europe Healthcare IT Market by Product, 2021-2031, $ bn43 Table 7. Europe Healthcare IT Market: Healthcare Providers Solutions by Type, 2021-2031, $ bn45 Table 8. Europe Healthcare IT Market: Clinical Solutions by Type, 2021-2031, $ bn47 Table 9. Europe Healthcare IT Market: Non-Clinical Solutions by Type, 2021-2031, $ bn49 Table 10. Europe Healthcare IT Market: Healthcare Payers Solutions by Type, 2021-2031, $ bn52 Table 11. Europe Healthcare IT Market: HCIT Outsourcing Services by Type, 2021-2031, $ bn54 Table 12. Europe Healthcare IT Market by Delivery Mode, 2021-2031, $ bn55 Table 13. Europe Healthcare IT Market by End User, 2021-2031, $ bn59 Table 14. Europe Healthcare IT Market: Healthcare Providers by Type, 2021-2031, $ bn62 Table 15. Europe Healthcare IT Market: Healthcare Payers by Type, 2021-2031, $ bn68 Table 16. Europe Healthcare IT Market by Country, 2021-2031, $ bn74 Table 17. Germany Healthcare IT Market by Component, 2021-2031, $ bn76 Table 18. Germany Healthcare IT Market by Product, 2021-2031, $ bn76 Table 19. Germany Healthcare IT Market by Delivery Mode, 2021-2031, $ bn76 Table 20. U.K. Healthcare IT Market by Component, 2021-2031, $ bn78 Table 21. U.K. Healthcare IT Market by Product, 2021-2031, $ bn78 Table 22. U.K. Healthcare IT Market by Delivery Mode, 2021-2031, $ bn78 Table 23. France Healthcare IT Market by Component, 2021-2031, $ bn80 Table 24. France Healthcare IT Market by Product, 2021-2031, $ bn80 Table 25. France Healthcare IT Market by Delivery Mode, 2021-2031, $ bn80 Table 26. Spain Healthcare IT Market by Component, 2021-2031, $ bn82 Table 27. Spain Healthcare IT Market by Product, 2021-2031, $ bn82 Table 28. Spain Healthcare IT Market by Delivery Mode, 2021-2031, $ bn82 Table 29. Italy Healthcare IT Market by Component, 2021-2031, $ bn84 Table 30. Italy Healthcare IT Market by Product, 2021-2031, $ bn84 Table 31. Italy Healthcare IT Market by Delivery Mode, 2021-2031, $ bn84 Table 32. Netherlands Healthcare IT Market by Component, 2021-2031, $ bn86 Table 33. Netherlands Healthcare IT Market by Product, 2021-2031, $ bn86 Table 34. Netherlands Healthcare IT Market by Delivery Mode, 2021-2031, $ bn86 Table 35. Healthcare IT Market in Rest of Europe by Country, 2021-2031, $ bn88 Table 36. Allscripts Healthcare Solutions, Inc.: Company Snapshot93 Table 37. Allscripts Healthcare Solutions, Inc.: Business Segmentation94 Table 38. Allscripts Healthcare Solutions, Inc.: Product Portfolio94