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The size of the worldwide healthcare IT market was estimated at USD 167.7 billion in 2022, and during the forecast period, it is expected to grow at a CAGR of 17.9%.
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The healthcare sector is projected to produce $57.86 billion in revenue in 2023.
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By 2027, market size is expected to reach $85.95 billion, with sales expected to grow at a pace of 10.40% annually (CAGR 2023–2027).
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China is the country with the greatest market volume, which is expected to be $19,070 million in 2023.
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There will probably be 1.57 billion individuals working in the healthcare industry by 2027.
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The estimated user penetration is 15.0% in 2023 and 19.7% in 2027.
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ARPUA will be $50.20 USD on average, according to projections.
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Some of the latest technology trends In healthcare industry are AI infused healthcare technology, IoMT, remote patient monitoring etc.
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