New Market Research Report: Healthcare IT Market in UAE 2015-2019

Fast Market Research announces the availability of Technavio's new report "Healthcare IT Market in the UAE 2015-2019" on their comprehensive research portal.

The healthcare market in UAE is witnessing a revolutionary growth. Despite increased investment in IT systems resulting in high costs of healthcare services for patients, healthcare providers choose to increase their IT spending. Both private and public healthcare organizations are engaging in projects that depend heavily on advanced medical technologies, analytics, and automation. This trend is expected to continue during the forecast period. The need to maintain quality and standard record formats and increased financial incentives from government and other international welfare organizations also encourage investment in IT in the healthcare industry in UAE.

Technavio's analysts forecast the healthcare IT market in UAE to grow at a CAGR of 11.12% during 2014-2019.

Get More Details on this Report and a Full Table of Contents at Healthcare IT Market in UAE 2015-2019

Commenting on the report, an analyst from Technavio’s team said: "A major trend observed in this market is the adoption of patient registry software. Patient registry software is used to maintain a database for collecting secondary data related to patients. It provides timely and effective medical care by allowing physicians and staff to analyze patients' health, diagnosis, and treatment records."

According to the report, the increasing government support for healthcare IT systems in this region is a driver that promotes growth in this market. Government initiatives and efforts to manage and streamline healthcare systems through IT have led to increased demand for IT products and services in the healthcare sector.

Further, the report states that the rising security concern in this region is one of the major challenges faced by this market. Increased data generation, cloud-based solutions, and growing digital connectivity have exposed companies to the risk of large volumes of data being exposed to external entities.

The key players in the Healthcare IT Market in the UAE are Cerner Corp., GE Healthcare, Hewlett-Packard Company Corp. (HP), IBM Corp., OCSHI Solutions & Services, and Siemen Corp. while other prominent vendors include Accenture, Agfa-Gevaert, Anglo Arabian Healthcare, Atos Healthcare, Balaxi Healthcare, Carestream Health, CGM, Ciber, Cisco Systems, Cognizant, CSC, Datasel Healthcare IT Solutions FZ-LLC, Eclinicalworks, Fujifilm Holdings, Harris, Heathland, iSoft, Microsoft, Netcetera, Nuviun, Philips Healthcare, Sunquest Information Systems, and Wipro.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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