RnR Market Research

Global Healthcare IT Spending to Grow at a CAGR of 6.44% 2014-2019

The Global Healthcare IT Spending - Market Analysis 2015-2019 is a new report added to RnRMarketResearch.com. The analysts forecast global healthcare IT spending market to grow at a CAGR of 6.44% over the period 2014-2019.


Pune, Maharashtra -- (SBWIRE) -- 09/29/2015 -- The Global Healthcare IT Spending - Market Analysis 2015-2019 report covers the current scenario and the growth prospects of the global healthcare IT spending market for the period of 2015-2019. To calculate the market size, This report considers the revenue generated from the healthcare segments, which include:


Browse the 104 page Report Global Healthcare IT Spending - Market Analysis 2015-2019.

Healthcare enterprises worldwide have become increasingly dependent on technology and various IT products, solutions, and services to run their business and drive revenue growth. Healthcare IT systems improve the quality and efficiency of the services delivered in the healthcare industry. IT in healthcare is essential to develop a secure environment for patient data storage and maintain a uniform flow of information. These services help reinvent organizations by facilitating the development of more cost-effective structures and centralization of their processes. Both the private and public sector's healthcare organizations are engaging in projects that depend heavily on IT. Private companies in particular are spending more on IT, and this trend is expected to continue during the forecast period. The need to maintain standard record formats and financial incentives from governments and other international welfare organizations also encourage investment in IT in the healthcare industry.

IT integration facilitates the transfer of medical observations to a remote viewer. The data from medical devices can also be transferred to an EMR that is accessible to remote viewers. Seamless integration of systems is vital to carry out remote monitoring and diagnosis of patients. We infer that the imperative to integrate systems will gain ground over time and this should propel market growth during the forecast period.

According to the report, the growing prevalence of diseases has increased the number of patients and medical records. Many healthcare organizations have started investing in data storage solutions to ensure the efficient storage and use of patient information. This helps generate and access huge volumes of patient-related data during the diagnosis of patients.

Further, the report states that the loss of medical data could result in non-compliance with government and industry norms and subsequent legal action and regulatory fines could lead to substantial financial losses and damages to corporate reputations.

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This report also provides a brief overview of various technologies in Healthcare IT:

Cloud computing
Big Data
Data analytics

The report, Global Healthcare IT Spending Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. This report also covers the landscape of the market and its growth prospects in the coming years. This report includes a discussion of the key vendors operating in this market.

Key vendors

GE Healthcare
Philips Healthcare
Siemens Healthcare

Other prominent vendors

21st Century Informatics
Adcock Ingram
Agfa Healthcare
Agility Global Health Solutions
Allscripts Healthcare Solutions
Bytes Healthcare Solutions
Carestream Health
Epic systems
Gijima Group
Medical Information Technology
Mediware Information System
NextGen Healthcare Information systems
Roche Group
Sekunjalo Healthcare
TIBCO software
Trifour Healthcare
T-Systems Enterprise Services

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Market driver

Increased adoption of clinical information systems
For a full, detailed list, view our report

Market challenge

Increased security concerns
For a full, detailed list, view our report

Market trend

Increased need for remote monitoring
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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