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US ambulatory health IT market hit $2.7B in 2016: 4 key points on future growth

A new study from Data Bridge Market Research examines the global ambulatory health IT market, outlining growth through 2024.

 

Here are four quick trends:

1. The ambulatory healthcare IT market accounted for around $2.7 billion in 2016 and the report forecasts it will experience a 5.5 percent compound annual growth rate through 2024.

2. The market is highly fragmented and depends on new product launches and clinical results of products, according to the report. As a result, major players in the industry use new product launches, clinical trials, market initiatives and high expense on research and development.

3. Ambulatory health IT companies employ joint ventures, partnerships and acquisitions to increase their footprint in the market.

4. Major market players in the ambulatory health IT space outlined by the report include: AmSurg, Surgical Care Affiliates, Surgery Partners, HCA, Healthway Medical Group, SurgCenter, Trillium Health Partners, Medical Facilities Corporation, Nueterra, Aspen Healthcare and Integra Med America.

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