San Francisco, 15 February 2019: The Report Healthcare IT Market Analysis By Application (Electronic Health Records, Computerized
Provider Order Entry Systems, Electronic Prescribing Systems, PACS, Lab
Information Systems, Clinical Information Systems, Telemedicine and Telehealth)
And Segment Forecasts To 2020
The global healthcare IT market is anticipated to reach USD 104.5 billion by 2020, according to a new report by Grand View Research, Inc. Increasing demand for enhanced healthcare facilities and introduction of technologically advanced systems are expected to boost industry growth.
Increasing geriatric population prone to
chronic diseases resulting into high patient base is triggering the demand for
sophisticated healthcare facilities. Furthermore, increasing number of patients
requiring home healthcare acts as an effective growth driver for this market.
Access Research Report of Healthcare IT Market@ www.grandviewresearch.com/industry-analysis/healthcare-it-market
According to a report published by the U.S.
Centers for Disease Control and Prevention (CDC) in 2011, the number of
patients needing home healthcare was nearly 4.7 million in the U.S. and is on a
constant rise, which is further expected to fuel the healthcare IT market
demand.
Advent of technologically advanced
software, such as interoperable system and cloud computing, is expected to
attract more investors focus on developing integrated healthcare system to curb
problems associated with conventional procedures of record keeping. For
example, the uses of e-healthcare record system to maintain patient database
help to provide instant information about patients’ health in case of
emergency.
Telecommunication and telehealth accounted
for over 40.0% of the market share owing to the high usage rates in 2013.
Introduction of technological advancements such as Teleimmersive Environment
for Everybody (TEEVE) and Session Initiation Protocol (SIP) are the factors
promoting this segment’s growth.
Electronic Health Records (EHR) is expected
to register an upward shift to reach up to USD 26.72 billion in 2020. Growth is
primarily driven by the rising demand for integrated information system in the
field of healthcare IT. Faster accessibility and low maintenance cost are the
two most significant factors contributing towards the rising demand of these
EHR systems.
In 2013, North America market was valued at
around USD 20.0 billion owing to the factors such as favorable government
initiatives pertaining to the introduction of technologically advanced
healthcare IT facilities, sophisticated healthcare infrastructure, and
increasing patient awareness levels coupled with relatively higher healthcare
expenditures in the region.
On the other hand, Asia Pacific healthcare
IT market is expected to reach at over USD 19.6 billion by registering
lucrative growth rate in 2020. Growth is attributed to the rising healthcare
expenditure, larger untapped opportunities, and growing disposable income
level.
Prominent players operating in this industry
include Athenahealth Inc., GE Healthcare, Agfa Healthcare, Philips Healthcare,
E-MDS Inc., Carestream Health McKesson Corporation, Carestream Health
eClinicalworks, and Hewlett-Packard.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/healthcare-it
Grand View Research has segmented the
global healthcare IT market on the basis of application and region:
Healthcare IT Application Outlook (Market
Revenue in USD Million, 2012 - 2020)
·
Electronic Health Records
·
Computerized Provider Order Entry Systems
·
Electronic Prescribing Systems
·
PACS
·
Lab Information Systems
·
Clinical Information Systems
·
Telemedicine and Telehealth
·
Others
Healthcare IT Regional Outlook (Market
Revenue in USD Million, 2012 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
Rest of the World
Access Press Release of
Healthcare IT Market@ www.grandviewresearch.com/press-release/global-healthcare-it-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For More Information: www.grandviewresearch.com
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