Global Healthcare IT Outsourcing Market: Regional Insights
Based on geography, the healthcare IT outsourcing market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Among regions, North America is expected to gain highest share in the market over the forecast period owing to the high adoption of digital healthcare, increase in healthcare IT spending, and government mandates & support for healthcare IT solutions in the region. For instance, in July 2020, Allscripts and Microsoft Corp. extended their long-standing strategic alliance to enable the expanded development and delivery of cloud-based health IT solutions. These IT solutions with integrated analytics will deliver better health outcomes in hospitals worldwide.
Asia Pacific is also expected to witness robust growth in the global healthcare IT outsourcing market owing to the increase in adoption of healthcare IT solutions and favorable government initiatives in the region. For instance, in July 2022, GE Healthcare launched what it claims to be the first 5G Innovation Lab in India. 5G has the potential to disrupt patient care continuum, transforming diagnosis, therapy, and prognosis due to massive bandwidth, high data speeds, low latency, and highly reliable connectivity.
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