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Healthcare IT Market to surpass USD 870 Billion by 2030

  • russellgrace
  • Sep 27, 2022
  • 1 min read

Healthcare IT industry is anticipated to register 14% CAGR between 2022 and 2030 owing to growing adoption of artificial intelligence.


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The healthcare IT market value is poised to reach USD 870 billion by 2030, according to a new research report by Global Market Insights Inc.

Prevalent adoption of electronic health records in developed countries will drive the industry trends. Superior advantages offered by electronic health records (EHR) as compared to conventional systems and paper-based methods of storing data are expected to boost its uptake in the coming years. Thus, widespread integration of EHR in healthcare & medical institutions for managing patient information is foreseen to be lucrative for the market expansion.


Read full article at Global Market Insights

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