MarketsandMarkets: Healthcare Information Technology Systems Market to be Worth $53.8 Billion by 2014
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The healthcare information technology market is estimated to be $53.8billion by 2014, growing at a CAGR of 16.1%. The market is expected to growbecause of the tremendous demand for general applications which includeselectronic medical records, electronic health records, computerized physicianorder entry system and non clinical systems. It is expected that the marketfor general applications will grow at an overall CAGR of 13.0% from 2009 -2014. The main driving element for global healthcare information technologymarket is the changing government regulations and government initiatives tobring down the healthcare costs.
Information technology offers solutions for almost all the segmentscovered under healthcare systems. Clinical trails management system, clinicaldecision support systems and data mining systems cater to the need ofclinicians. Hospital information systems, e-prescribing systems, ambulatorycare management systems and patient management system find wide applicationsin hospitals. Applications like EMR, E HR, CPOE and physician practicemanagement systems are used by both clinicians and larger healthcareproviders to offer improved patient care. Imaging applications like PACS andRIS are used to manage images or patient scans. The inclusion of RIS and PACSin healthcare has helped in improving the workflow in hospitals. Increasingnumber of patients visiting hospitals and physicians has increased the demandof information technology applications in healthcare sector.
SCOPE AND FORMAT
This market report will enable strategic understanding on the healthcareIT market. The report covers the following key market segments.
Each section of the report offers market data with respect to segmentsand geography. It also provides market trends with respect to drivers,restraints and opportunities. The report contains strategic section withrespect to competitive landscape and market overview. The report willencompass more than 40 company profiles.
The Healthcare practice at MarketsandMarkets is pleased to announce itsAnalyst Briefing Presentation on the Global Healthcare Information Technologymarket to be held on 7th, Oct 2009. The briefing on the Global HealthcareInformation Technology (2009-2014) will benefit the healthcare IT softwaremanufacturers, Hospital, other healthcare providers, telemedicine technologyproviders.
To register your participation, please click herehttp://www.marketsandmarkets.com/AnalystBriefing/healthcare-IT.asp
Contact our representative to sponsor this report
MarketsandMarkets is a research and consulting firm that publishes 120market reports (http://www.marketsandmarkets.com/) per year. Eachstrategically analyzed report contains 250 pages of valuable market data,including more than 100 market data summary tables and in-depth, five-levelsegmentation for each of the products, services, applications, technologies,ingredients and stakeholders categories. Our reports also analyze about 200patents, over 50 companies and micro markets that are mutually exclusive andcollectively exhaustive.- Healthcare IT industry product (hardware, software, networks, radiology information system, PACS) - Healthcare IT - Applications market (general applications, hospital applications, electronic prescribing system, ambulatory care management systems, laboratory applications, applications in clinical research, other related and supporting applications) - Healthcare IT - Services market (training, implementation services, post sales services and consulting)
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