Global Healthcare IT Market is anticipated to reach USD 104.5
billion by 2020, according to a new report by Grand View Research, Inc.
Increasing demand for enhanced healthcare facilities and introduction of
technologically advanced systems are expected to boost industry growth.
Increasing geriatric population prone to
chronic diseases resulting into high patient base is triggering the demand for
sophisticated healthcare facilities. Furthermore, increasing number of patients
requiring home healthcare acts as an effective growth driver for this market.
Full Research Report On Global Healthcare
IT Market: http://www.grandviewresearch.com/industry-analysis/healthcare-it-market
According to a report published by the U.S.
Centers for Disease Control and Prevention (CDC) in 2011, the number of patients
needing home healthcare was nearly 4.7 million in the U.S. and is on a constant
rise, which is further expected to fuel the healthcare IT market demand.
Advent of technologically advanced
software, such as interoperable system and cloud computing, is expected to
attract more investors focus on developing integrated healthcare system to curb
problems associated with conventional procedures of record keeping. For
example, the uses of e-healthcare record system to maintain patient database
help to provide instant information about patients’ health in case of
emergency.
Telecommunication and telehealth accounted
for over 40.0% of the market share owing to the high usage rates in 2013.
Introduction of technological advancements such as Teleimmersive Environment
for Everybody (TEEVE) and Session Initiation Protocol (SIP) are the factors
promoting this segment’s growth.
Electronic Health Records (EHR) is expected
to register an upward shift to reach up to USD 26.72 billion in 2020. Growth is
primarily driven by the rising demand for integrated information system in the
field of healthcare IT. Faster accessibility and low maintenance cost are the
two most significant factors contributing towards the rising demand of these
EHR systems.
In 2013, North America market was valued at
around USD 20.0 billion owing to the factors such as favorable government
initiatives pertaining to the introduction of technologically advanced
healthcare IT facilities, sophisticated healthcare infrastructure, and
increasing patient awareness levels coupled with relatively higher healthcare
expenditures in the region.
On the other hand, Asia Pacific healthcare
IT market is expected to reach at over USD 19.6 billion by registering
lucrative growth rate in 2020. Growth is attributed to the rising healthcare
expenditure, larger untapped opportunities, and growing disposable income
level.
Prominent players operating in this
industry include Athenahealth Inc., GE Healthcare, Agfa Healthcare, Philips
Healthcare, E-MDS Inc., Carestream Health McKesson Corporation, Carestream
Health eClinicalworks, and Hewlett-Packard.
View
more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/healthcare
Grand
View Research has segmented the Global Healthcare IT Market on the basis of
application and region:
Healthcare IT
Application Outlook (Market Revenue in USD Million, 2012 - 2020)
• Electronic Health Records
• Computerized Provider Order Entry Systems
• Electronic Prescribing Systems
• PACS
• Lab Information Systems
• Clinical Information Systems
• Telemedicine and Telehealth
• Others
• Electronic Health Records
• Computerized Provider Order Entry Systems
• Electronic Prescribing Systems
• PACS
• Lab Information Systems
• Clinical Information Systems
• Telemedicine and Telehealth
• Others
Healthcare IT
Regional Outlook (Market Revenue in USD Million, 2012 - 2020)
• North America
• Europe
• Asia Pacific
• Rest of the World
• North America
• Europe
• Asia Pacific
• Rest of the World
View Press
Release Of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-healthcare-it-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more Information visit us: www.grandviewresearch.com
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