Healthcare It Spending Market Size, Share and Forecast 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.

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Technavio's analysts forecast the global healthcare IT spending market to grow at a CAGR of 6.44% over the period 2014-2019.

Covered in this report

The 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, the report considers the revenue generated from the healthcare segments, which include:

Hardware

Software

Services

Telecommunications

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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

Cloud computing

Big Data

Data analytics

Mobile

Technavio's report, Global Healthcare IT Spending Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The...