Healthcare
IT market is expected to grow over the forecast period owing to the
increasing prevalence of chronic disorders such as diabetes, cardiovascular
diseases, and cancer. The other drivers for this market are government
initiatives to provide better healthcare facilities for its people and the need
for excellent healthcare systems to curb expenses. The use of information
technology in the healthcare sector is to develop, implement and improve
information systems for the industry. The main objective of healthcare IT is to
decrease paperwork, improvement of healthcare quality, enhance healthcare
accuracy, increase efficiency and by reducing error while maintaining medical
records. The other benefits attached to this market are reducing healthcare
costs by computerizing processes and helps in providing the real time data, so
that these data can be retrieved as per the requirement. Till 2012, the global
healthcare IT was valued at USD 36.15 billion and it is expected to grow at a
double digit CAGR i.e. 14.2% during 2014 to 2020. As the popularity of the
computerized physician order entry (CPOE) adaptation is increasing, so that
error in regards to medical records could be controlled. Healthcare IT has a
huge opportunity over the forecast period as it has an ability to identify and
detect infectious and chronic diseases and will push government to expedite the
adoption process.
Browse Detail Report with TOC @
Application Insights
Healthcare IT market is segmented on the
basis of application into computerized provider order entry systems, electronic
health records, PACS, lab information systems, electronic prescribing systems,
telehealth and telemedicine. Among these, telehealth and telemedicine are
dominating the whole market. Telehealth is one the best example of
collaboration between technology and healthcare. With the help of
telecommunication technologies we can deliver the healthcare services and information.
Increasing incidences of chronic diseases such as, hypertension, chronic
obstructive pulmonary disease (COPD), asthma and diabetes is also the factor
increasing the demand for home healthcare. Changing preferences of patients for
avoiding hospital stays is also a major factor driving this market. There
had been a lot of technological advancements introduction in the area of
telecommunication such as, TEEVE (Tele-immersive environment for everybody) and
SIP (session initiation protocol). As of 2013, electronic health records
witnessed the largest revenue share as it constantly records and update the
patient information, based on the encounters reported by healthcare
establishments. This system is user friendly and interoperability are the
significant features of this system. Additionally, it is very effective tool
during the case of emergency as it provides real time information.
Regional Insights
Geographically, the Healthcare IT market
is studied with respect to four regions such as North America, Europe, Asia
Pacific and RoW. Among these North America is dominating the whole market as it
has strong presence of R&D, and increasing sophisticated healthcare
infrastructure. U.S government has implemented industry friendly initiatives
and introduction of incentive programs such as, EHR (electronic health records)
by Medicare and Medicaid. In the recent years Europe has shown the tremendous
growth. The privately held hospitals such as Helios and Sana, covers huge
opportunities for future growth and with high unmet medical needs in European
countries, such as Russia and Poland will drive the European healthcare IT
market. Asia Pacific market is expected to show fruitful CAGR during the
forecast period owing to the rapidly developing healthcare infrastructure are
improving patient awareness, and various government initiatives.
Competitive Insights
The major market players in the
Healthcare IT market are, Philips Healthcare, Agfa Healthcare, Mckesson
Corporation, Carestream Health,GE Healthcare, E-MDS Inc., eClinicalworks,
Athenahealth Inc., Carestream Health and Hewlett-Packard.
Enquire before purchasing the “Healthcare
IT Market" Report@
Table of Contents
Chapter 1. Executive Summary
1.1. Healthcare IT - Industry Summary
and Critical Success Factors (CSFs)
Chapter 2. Healthcare IT Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Healthcare IT Market Dynamics
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Healthcare IT - Company Market
Share Analysis
2.7. Healthcare IT Market PESTEL
Analysis, 2012
Browse
Full Report @
About
Us:
Hexa Research is a market research and
consulting organization, offering industry reports, custom research and
consulting services to a host of key industries across the globe. We offer
comprehensive business intelligence in the form of industry reports which help
our clients obtain clarity about their business environment and enable them to
undertake strategic growth initiatives.
Contact
Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Website - http://www.hexaresearch.com/
