Healthcare Information Technology Systems Market to Be Worth $53.8 Billion by 201421 Feb 2011 • by Natalie Aster
Wilmington – The ‘Global Healthcare Information Technology (2009 - 2014) ’, report by MarketsandMarkets forecasts the size of global healthcare information technology market over the period 2009 – 2014. The report analyses the key trends of the market, and segments the global healthcare information technology market by components and into various geographic regions (with the market size of each of these regions). Further, it discusses the key market drivers, restraints and opportunities of the global healthcare information technology market.
The healthcare information technology market is estimated to be $53.8 billion by 2014, growing at a CAGR of 16.1%. The to grow market is expected because of the tremendous demand for general applications which includes electronic medical records, electronic health records, computerized physician order entry system and non clinical systems. It is expected that the market for general applications will grow at an overall CAGR of 13.0% from 2009 – 2014. The main driving element for global healthcare information technology market is the changing government regulations and government initiatives to bring down the healthcare costs.
Information technology offers solutions for almost all the segments covered under healthcare systems. Clinical trials management system, clinical decision support systems and data mining systems cater to the need of clinicians. Hospital information systems, e-prescribing systems, ambulatory care management systems and patient management system find wide applications in hospitals. Applications like EMR, E HR, CPOE and physician practice management systems are used by both clinicians and larger healthcare providers to offer improved patient care. Imaging applications like PACS and RIS are used to manage images or patient scans. The inclusion of RIS and PACS in healthcare has helped in improving the workflow in hospitals. Increasing number of patients visiting hospitals and physicians has increased the demand of information technology applications in healthcare sector.
Published: October 2009
Price: USD 4,650
Scope and format
This market report will enable strategic understanding on the healthcare IT market. The report covers the following key market segments:
- Healthcare IT industry product (hardware, software, networks, radiology information system, PACS);
- Healthcare IT – Applications market (general applications, hospital applications, electronic prescribing system, ambulatory care management systems, laboratory applications, applications in clinical research, other related and supporting applications);
- Healthcare IT – Services market (training, implementation services, post sales services and consulting).
Each section of the report offers market data with respect to segments and geography. It also provides market trends with respect to drivers, restraints and opportunities. The report contains strategic section with respect to competitive landscape and market overview. The report will encompass more than 40 company profiles.
- Healthcare institutes;
- Healthcare instrument manufacturers;
- Healthcare service providers;
- Healthcare consultants;
- Healthcare associations;
- Healthcare IT providers.
More information can be found in the report “Global Healthcare Information Technology (2009 - 2014) ” by MarketsandMarkets .
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