Healthcare IT market is expected to grow over the forecast period
owing to the increasing prevalence of chronic disorders such as
diabetes, cardiovascular diseases, and cancer. The other drivers for
this market are government initiatives to provide better healthcare
facilities for its people and the need for excellent healthcare systems
to curb expenses. The use of information technology in the healthcare
sector is to develop, implement and improve information systems for the
industry
The main objective of healthcare IT is to decrease paperwork,
improvement of healthcare quality, enhance healthcare accuracy, increase
efficiency and by reducing error while maintaining medical records. The
other benefits attached to this market are reducing healthcare costs by
computerizing processes and helps in providing the real time data, so
that these data can be retrieved as per the requirement.
Browse Detail Report With TOC @ http://www.hexaresearch.com/research-report/healthcare-it-industry
Till 2012, the global healthcare IT was valued at USD 36.15 billion
and it is expected to grow at a double digit CAGR i.e. 14.2% during
2014 to 2020. As the popularity of the computerized physician order
entry (CPOE) adaptation is increasing, so that error in regards to
medical records could be controlled. Healthcare IT has a huge
opportunity over the forecast period as it has an ability to identify
and detect infectious and chronic diseases and will push government to
expedite the adoption process.
Application Insights
Healthcare IT market is segmented on the basis of application into
computerized provider order entry systems, electronic health records,
PACS, lab information systems, electronic prescribing systems,
telehealth and telemedicine. Among these, telehealth and telemedicine
are dominating the whole market. Telehealth is one the best example of
collaboration between technology and healthcare. With the help of
telecommunication technologies we can deliver the healthcare services
and information. Increasing incidences of chronic diseases such as,
hypertension, chronic obstructive pulmonary disease (COPD), asthma and
diabetes is also the factor increasing the demand for home healthcare.
Changing preferences of patients for avoiding hospital stays is also a
major factor driving this market. There had been a lot of
technological advancements introduction in the area of telecommunication
such as, TEEVE (Tele-immersive environment for everybody) and SIP
(session initiation protocol). As of 2013, electronic health records
witnessed the largest revenue share as it constantly records and update
the patient information, based on the encounters reported by healthcare
establishments. This system is user friendly and interoperability are
the significant features of this system. Additionally, it is very
effective tool during the case of emergency as it provides real time
information.
Request A Sample copy of This Report @ http://www.hexaresearch.com/sample/231
Regional Insights
Geographically, the Healthcare IT market is studied with respect to
four regions such as North America, Europe, Asia Pacific and RoW. Among
these North America is dominating the whole market as it has strong
presence of R&D, and increasing sophisticated healthcare
infrastructure. U.S government has implemented industry friendly
initiatives and introduction of incentive programs such as, EHR
(electronic health records) by Medicare and Medicaid.
In the recent years Europe has shown the tremendous growth. The
privately held hospitals such as Helios and Sana, covers huge
opportunities for future growth and with high unmet medical needs in
European countries, such as Russia and Poland will drive the European
healthcare IT market. Asia Pacific market is expected to show fruitful
CAGR during the forecast period owing to the rapidly developing
healthcare infrastructure are improving patient awareness, and various
government initiatives.
Competitive Insights
The major market players in the Healthcare IT market are, Philips
Healthcare, Agfa Healthcare, Mckesson Corporation, Carestream Health,GE
Healthcare, E-MDS Inc., eClinicalworks, Athenahealth Inc., Carestream
Health and Hewlett-Packard.
Browse Full Report @ http://www.hexaresearch.com/research-report/healthcare-it-industry
About Us:
Hexa Research is a market research and consulting organization,
offering industry reports, custom research and consulting services to a
host of key industries across the globe. We offer comprehensive business
intelligence in the form of industry reports which help our clients
obtain clarity about their business environment and enable them to
undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Website - http://www.hexaresearch.com/
Visit our Blog: http://hexaresearchinc.blogspot.com/










