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Healthcare IT Market in Saudi Arabia to Grow at a CAGR of 12.28% over the Period 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Healthcare IT Market in Saudi Arabia 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 05/27/2015 -- Report forecast the healthcare IT market in Saudi Arabia to grow at a CAGR of 12.28 percent over the period 2014-2019.

Over the years, businesses in Saudi Arabia have been adopting advanced technologies and IT integration solutions to enhance their operations and revenue. With more and more operations being enabled and enriched by innovative IT applications and solutions, IT has become a key enabler of business functions. This trend is also being witnessed in the healthcare sector in Saudi Arabia. The need to maintain a standard record format has led to the transformation of traditional medical records to electronic health records. Implementation of the policy that makes insurance mandatory is also contributing to the growth of this market. The need to track common ailments has also intensified the need for IT. In addition, the inherent benefits of IT, such as process efficiency, cost-effectiveness, mobility, and accessibility are all driving its adoption.

This report provides an overview of the healthcare IT market in Saudi Arabia. The market is segmented into: hardware, software, and services.

According to the report, adoption of technology for operational effectiveness is one of the key drivers in the market. Saudi Arabia is making huge investments in cloud, mobility, virtualization, telemedicine, and remote patient monitoring. These technologies offer various benefits to healthcare solution providers.

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

Key players in the healthcare IT market in Saudi Arabia: GE Healthcare, Hewlett-Packard Co. (HP), IBM Corp., Intel Corp., InterSystems Corp., Oracle Corp. and Siemens Healthcare

Other Prominent Vendors in the market are: 3M, Agfa Heathcare, Al Faisaliah Medical Systems, Bytes Healthcare Solutions, Cerner, Cigna Global Health, EIPICO , GMC, Honeywell, Roche Group, TIBCO Software

Market Driver
- Increase in government initiatives
- For a full, detailed list, view our report

Market Challenge
- High initial cost
- For a full, detailed list, view our report

Market Trend
- Emergence of mobile health solutions
- 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?

Spanning over 79 pages, "Healthcare IT Market in Saudi Arabia 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Product, Adoption of Advanced Technology in Saudi Arabian Healthcare Industry, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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