Healthcare Information Governance Solution Market Prediction, Strategies, Trends and SWOT Analysis 2027

iCrowd Newswire
25 Jan 2021, 13:49 GMT+10

Information technology is playing an important role in transforming the healthcare sector. Healthcare information governance solution (IGS) is one of the major outcomes of this integration. Healthcare IGS facilitate faster implementation of processes, boots metrics, and streamline controls. Growing trend of healthcare digitization has led to generation of vast amount of data, which requires effective management.

Demand for healthcare IGS is rising substantially as users realises it advantages. Market Research Future (MRFR) projects that the global healthcare IGS market will grow at a staller CAGR of 16.7% during the forecast period (2017-2023).

Factors such as rising penalties for noncompliance, growth of data-driven sub-markets such as pharmaceuticals and biotechnology, growing need for data management in healthcare, rapid adoption of IT solutions in healthcare are driving the global healthcare information governance solution (IGS) market. Efforts are also being made to reduce to cost of the such solution in order to expand the user base and penetrate price-sensitive markets.

Global Healthcare Information Governance Solution (IGS) Market: Regional Segmentation

The Americas, Europe, Asia Pacific and the Middle East & Africa (MEA) among the key regions discussed in the report. It is projected that the global IGS market will be dominated by the Americas during the forecast period. The presence of consumer-centric coverage policies, and high healthcare expenditure support the market growth in the region. Moreover, rapid integration of information technology in the healthcare sector in the U.S providing an impetus to the North America healthcare IGS market.

In term of revenue, Europe holds the second spot. Faster uptake of technologies coupled with a robust healthcare landscape puts the region at a favourable position in the global market for healthcare IGS. Asia Pacific has also emerged as an important investment destination for the market players

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Segmental Overview

MRFR's report includes a comprehensive segmental analysis of the global healthcare information governance solution (IGS) market, which is conducted on the basis of deployment, application, type and end-user.

On the basis of deployment, the market has been segmented into in-premise and as web and cloud. Based on application, the market has been segmented into customer support, financials, records and others. By type, the market has been segmented into analytics, eDiscovery, content management, information security, information archiving and others.

Competitive Landscape

Some of the notable companies operating in the global healthcare information governance solution (IGS) include HP Autonomy (England), Information Governance Solutions, LLC. (U.S.), Google (U.S.), Hewlett Packard Enterprise Development LP (U.S.), NovaDigm Therapeutics (U.S.), Electronic Medicines Compendium (U.S.), Veritas Technologies (U.S.), Symantec Corporation (U.S.), Microsoft (U.S.), FTI Consulting, Inc. (U.S.) and Discovery Solutions, Inc. (U.S.)

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