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The global healthcare IT market exhibited strong growth during 2015-2020. Looking forward, the global healthcare IT market to grow at a CAGR of 15.5% during 2021-2026.
The term healthcare refers to the diagnosis, treatment and prevention of diseases or illnesses, and other physical and mental impairments. The healthcare industry along with information technology (IT) functions to manage, regulate, and mechanize operations in medical organizations. The use of modern techniques in the health and wellness sector offers an effective patient-centric approach for medical treatments and enables smooth communication between the doctors, patients, and other concerned people.