The Tamesis
It is driven by the growing need for interoperability among healthcare systems.
According to MarketsandMarkets, the global healthcare IT market is expected to grow from US$480.49b in 2025 to US$961.26b in 2030, representing a CAGR of 14.9%.
Growth is being driven by growing demand for interoperability among healthcare systems as hospitals, labs and billing platforms exchange more and more data.
Government initiatives such as the 21st Century Cures Act and advances in cloud computing and artificial intelligence have further fueled this trend.
The software segment, especially cloud-based solutions, is expected to see the fastest growth, providing healthcare providers with flexible, mobile and secure access to patient data, as well as robust disaster recovery and regulatory compliance.
Healthcare providers hold the largest market share, supported by rising chronic diseases, an aging population, and expanded access to care under reforms such as the Affordable Care Act.
The global population over the age of 60 is expected to reach 1.4 billion by 2030, driving higher demand for healthcare services.
Asia Pacific will experience the highest regional growth, driven by rising incomes, an aging population, and government initiatives such as China’s Healthy China 2030 plan.
India’s healthcare industry has grown by more than 20% in five years, driven by public and private investments and improvements in medical technology.
