US Healthcare IT industry is anticipated to grow at a CAGR of around 9% during the forecast period of 2015-2020, says RNCOS.
Noida, UP -- (SBWIRE) -- 09/21/2015 -- Wireless Communication has been an emerging trend in the healthcare IT industry as in the case of patient monitoring market. This growth in demand for wireless communication is to provide flexible levels of patient care throughout an entire facility. It would increase patients' mobility to have a positive impact on their care, at the same time it would provide significant cost savings over static and traditional care setups.
The healthcare industry in the US is witnessing a need of streamlining availability and sharing of information. At the same time, it is demanding focus over ensuring patient privacy and reducing costs. Here, cloud computing offers some significant opportunities, perhaps even more significant than in many other industries. The lower upfront costs and outsourcing options are among the other factors driving physicians toward cloud-based solutions, such as clinical and non-clinical practice management software.
Therefore, wireless technology gives healthcare providers a holistic perspective to take informed decisions by providing round-the-clock information on the state of health. The implementation of this technology leads to proper care of patients, reduced cost, and lesser hospital stays. Besides, the cloud technology seems to gain traction at present as well as is anticipated to have a positive outlook in future. On the backdrop of this cost effectiveness US Healthcare IT market is forecasted to grow at a CAGR of around 9% during 2015-2020.
The report, "US Healthcare IT Market Outlook 2020", which is spread over 110 pages, covers extensive research and thorough analysis of the Healthcare IT market across the US. In this report, the market has been studied on two main grounds - by component and by segment where the component-wise healthcare IT market section covers an in-depth analysis of the healthcare IT hardware, software and services market and the segment-wise healthcare market analysis section includes detailed study of clinical and non-clinical information systems.
The study further delves into the present regulatory environment related to the industry. The report also covers a detailed analysis of the potential growth areas which helped in clearly identifying and highlighting the segments that offer the maximum opportunities for growth in the country.
Further, with a view to providing a balanced outlook of the US healthcare IT market to clients, our report includes a competitive landscape of key industry players with their key financials, strength & weakness analyses and recent activities. In a nutshell, the research provides all the prerequisite information for intending clients looking out to venture into these markets, and facilitates them to devise strategies, while going for an investment/partnership in the US healthcare IT industry.
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.