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Signify Research | Healthcare Technology Market Intelligence

5 Key Trends Driving Purchasing Decisions in Healthcare IT

by Rohinee Lal, Principal Analyst at Signify Research 03/14/2023 Leave a Comment

5 Key Trends Driving Purchasing Decisions in Healthcare IT

As the healthcare industry continues to evolve and transform with providers facing increasing financial burdens and dynamic patient expectations, Signify Research has had the opportunity to speak to 100s of C-suite health IT executives and departmental decision-makers.  Our conversations with these healthcare leaders have provided greater insight into their organizations’ technology and business strategies.  It has also illuminated their views on the industry’s most pressing issues.  Here are
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Is Education is the Catalyst to Increased Adoption of Handheld Ultrasound?

by Mustafa Hassan, Market Analyst at Signify Research 03/07/2023 Leave a Comment

Education is the Catalyst to Increased Adoption of Handheld Ultrasound

Handheld ultrasound has not yet reached mainstream adoption but the market is still forecast to reach over $500 million by 2026. Signify Research’s newly published Handheld Ultrasound Deep Dive Report 2022 shows that market revenues are estimated to have grown by approximately 30% in 2021, driven by strong growth in the US, the biggest market for handheld ultrasound. Despite the global challenges for handheld ultrasound vendors in 2022, such as rising inflation and supply chain disruptions, the
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The Quickening Pulse of the Ambulatory Diagnostic Cardiology Market

by Kelly Patrick, Principal Analyst at Signify Research 02/14/2023 Leave a Comment

Quickening Pulse of the Ambulatory Diagnostic Cardiology Market

The Global Ambulatory Diagnostic Cardiology Market is evolving at a rapid pace, driven by technological developments, and shifting models of healthcare service delivery and funding. The overall market will grow from $2.5 billion in 2021, to $3.3 billion by 2026, with Long-Term ECG and, to a lesser extent, Mobile Cardiac Telemetry (MCT), being the principal engines of growth. Unsurprisingly, these two markets are garnering serious attention from large incumbent vendors in the more established
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Develop, Partner, Acquire or Avoid – Where’s Investment for Digital Pathology Headed in 2023?

by Imogen Fitt, Market Analyst at Signify Research 02/03/2023 Leave a Comment

Develop, Partner, Acquire or Avoid – Where’s Investment for Digital Pathology Headed?

News of Fujifilm’s recent acquisition of software provider Inspirata’s digital pathology assets was met with much interest last month, following on from robust industry debate at Global Engage’s Digital Pathology and AI Congress: Europe a few weeks prior. Their discussions centered around the progress of the market and its inevitable future developments.  Whilst our in-depth analysis of the implications of Fujifilm’s specific deal will be released soon as a part of our Premium Insights
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Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?

by Arun Gill, Senior Analyst at Signify Research 12/27/2022 Leave a Comment

Teleradiology Market Primed to Hit $3.7Bn by 2026 – What’s Driving the Surge in Demand?

4.7bn diagnostic imaging procedures were performed globally in 2021, representing a strong recovery over 2020. Healthy demand for teleradiology services resulted in the global penetration of teleradiology reads into diagnostic imaging procedures bouncing back to 1.9%, and the overall teleradiology reading services and IT market revenue elevating past its pre-pandemic level to USD $1.7bn. With a projection for the market to reach USD $3.7bn in 2026, here I explore five drivers fueling this period
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Analysis: RSNA 2022: Predictions vs Reality

by Steve Holloway, Director at Signify Research 12/13/2022 Leave a Comment

RSNA 2022: Predictions vs Reality

Much has already been written about attendance at RSNA, but from a first-hand perspective, RSNA 2022 could be regarded as a step back toward “normal”. Amongst mostly bustling halls, vendors reported very positive feedback on the volume and quality of customer meetings, with one prominent global imaging vendor citing “We’re signing deals here at the show again – things are looking up”.  Against this positive backdrop, however, the stark challenges facing radiology in a post-COVID world were
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Analysis: How Will The Roadmap for Diagnostic Cardiology Devices Develop?

by Kelly Patrick, Principal Analyst at Signify Research 06/30/2022 Leave a Comment

Analysis: How Will The Roadmap for Diagnostic Cardiology Devices Develop?

Like most healthcare markets, the diagnostic cardiology market has had a bumpy ride in recent years. The COVID-19 pandemic saw global revenues for Resting ECG devices increase in 2020, whilst ECG Management Systems, Stress ECG and Traditional Holter ECG solutions saw a market decline. Country lockdowns resulted in reduced cardiology services during the peak of the pandemic, as non-urgent appointments were delayed. 2021 showed relief for cardiac facilities as providers started to deal with the
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Analysis: Is Oracle Cerner Planning to Build A National EHR?

by Alex Green, Director at Signify Research 06/24/2022 Leave a Comment

Analysis: Oracle Cerner’s Plans for a National EHR

Earlier this month Oracle closed its $28.3B acquisition of Cerner and shortly after Oracle founder and CTO, Larry Ellison, outlined Oracle’s vision for Healthcare IT post-acquisition. The key elements of this vision included:   - Developing a solution for a national EHR database.  - Leveraging this solution, and similar smaller-scale connected EHR initiatives, to provide life science, pharma and other users with a rich environment for research, clinical trials and drug
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Hospital Telehealth Vendor Financials Round Up – Teladoc Health, Amwell & SOC Telemed

by Arun Gill, Senior Analyst at Signify Research 05/20/2022 Leave a Comment

Hospital Telehealth Vendor Financials Round Up – Teladoc Health, Amwell & SOC Telemed

Several hospital telehealth vendors enjoyed great success in 2020 as they benefitted from unprecedented demand for their IT and services during the pandemic. But as lockdown restrictions were lifted and the strain on hospitals’ in-house capacity across the ICU and other acute care wards eased into the second half of 2021, were the vendors able to maintain their growth? With full-year results from several of the leading hospital telehealth vendors now published, here’s our take on the recently
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Analysis: The Role of Compact Systems in Today’s Ultrasound Market

by Mustafa Hassan, Market Analyst at Signify Research 04/19/2022 Leave a Comment

Analysis: The Role of Compact Systems in Today’s Ultrasound Market

Much of the focus in the ultrasound market in the last few years has been on the handheld market. This is justified, considering its role in the response to the COVID-19 pandemic and the spate of innovation in the sector, both in terms of new product releases and partnerships.  As a result, there is less mention of the other ultrasound product segments, especially the compact market. However, the compact market has also been active, with the release of Fujifilm SonoSite’s SonoSite LX in February
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