Valued to be $88.5 Billion by 2026, Healthcare IT Consulting Slated for Robust Growth Worldwide

SAN FRANCISCO, Aug. 26, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Healthcare IT Consulting - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Healthcare IT Consulting

Edition: 7; Released: April 2021
Executive Pool: 732
Companies: 17 - Players covered include Accenture PLC; Allscripts Healthcare Solutions, Inc.; Cerner Corporation; Cognizant Technology Solutions Corporation; Deloitte Touche Tohmatsu Limited; Epic Systems Corporation; General Electric GE Company; IBM Corporation; Infor, Inc.; Infosys Ltd.; Koninklijke Philips N.V.; Mckesson Corporation; NTT Data Corporation; Oracle Corporation; Siemens Healthineers (A Division of Siemens AG) and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Providers, Payers, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific ; Latin America ; Middle East ; and Africa.

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Global Healthcare IT Consulting Market to Reach $88.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Healthcare IT Consulting estimated at US$31.1 Billion in the year 2020, is projected to reach a revised size of US$88.5 Billion by 2026, growing at a CAGR of 18.9% over the analysis period. Providers, one of the segments analyzed in the report, is projected to record a 19.8% CAGR and reach US$48.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Payers segment is readjusted to a revised 18.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $9.9 Billion in 2021, While China is Forecast to Reach $20.4 Billion by 2026
The Healthcare IT Consulting market in the U.S. is estimated at US$9.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$20.4 Billion by the year 2026 trailing a CAGR of 24.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.5% and 16.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.9% CAGR.

Payers Segment to Reach US$29 Billion by the year 2026
In the global Payers segment, USA, Canada, Japan, China and Europe will drive the 16.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.8 Billion in the year 2020 will reach a projected size of US$23.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., ( is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966

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