Recent Study: Global Healthcare IT Market 2014-2018

IT in the Healthcare sector is extremely useful to improve the quality and efficiency of services delivered. Though increased investments on IT systems will eventually lead to higher expenditure by patients due to the advanced technology used, healthcare providers still choose to increase their spending on IT. Both the Private and Public sectors are engaging in various projects that have increased the usage of IT in healthcare. Private companies are especially seen to be spending more on IT and this trend is forecast to continue in the coming years. Maintenance of standard record formats and financial incentives from governments and other international welfare organizations will further encourage investments in IT systems in the Healthcare sector. IT will help in enhancing the delivery systems in the Healthcare sector and reduce the occurrence of errors.

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TechNavio's analysts forecast the Global Healthcare IT market will grow at a CAGR of 5.7 percent over the period 2013-2018.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Healthcare IT market for the period 2014-2018.

The Global Healthcare IT market can be segmented into two divisions on the basis of provider: the Physicians, and Hospitals IT markets. The Global Healthcare IT market is further segmented into Hardware, Software, and IT Services, which are further categorized into sub-segments. The report also captures the state of cloud computing in the Healthcare IT market; it discusses the benefits and prospect of the technology in the forecast period. The report also throws light on the e-Health initiatives of key countries.

TechNavio's report, the Global Healthcare IT Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Healthcare IT market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

* Americas
* EMEA
* APAC

Key Vendors

* CareFusion Corp.
* Cerner Corp.
* Dell Inc.
* McKesson Corp.
* Philips Healthcare

Other Prominent Vendors

* Cognizant Technology Solution Corp.
* Epic Systems Corp.
* NTT Data Inc.
* Pulse System Inc.
* Siemens AG
* UnitedHealth Group Inc.

Key Market Driver

* Increased Need for Storing and Effectively Using Patient Information.
* For a full, detailed list, view our report.

Key Market Challenge

* Increasing Cost of IT Adoption.
* For a full, detailed list, view our report.

Key Market Trend

* Increased Adoption of Mobile Devices.
* For a full, detailed list, view our report.

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