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Forecast: Enterprise IT Spending for the Healthcare Provider Market, Worldwide, 2018-2024, 2Q20 Update


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Summary

Healthcare IT spend will shrink by 2.3% in 2020 to $128.0 billion due to the COVID-19 pandemic and associated recession. In 2020, discretionary spend and nonurgent projects have been put on hold to focus on urgent crisis spend. Growth to IT spend will return in 2021 to reach $169.5 billion in 2024.

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