MarketsandMarkets: Healthcare Information Technology Systems Market to be Worth $53.8 Billion by 2014

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Jan 13, 2010, 04:30 ET

WILMINGTON, Delaware, January 13 /PRNewswire/ -- The healthcare information technology report forecasts the size of global healthcare information technology market over the period 2009 - 2014. The report analyses the key trends of the market, and segments the global healthcare information technology market ( http://www.marketsandmarkets.com/Market-Reports/healthcare-information-techno logy-market%20-136.html) by components and into various geographic regions (with the market size of each of these regions). Further, it discusses the key market drivers, restraints and opportunities of the global healthcare information technology market.

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The healthcare information technology market is estimated to be $53.8 billion by 2014, growing at a CAGR of 16.1%. The market is expected to grow because of the tremendous demand for general applications which includes electronic medical records, electronic health records, computerized physician order entry system and non clinical systems. It is expected that the market for general applications will grow at an overall CAGR of 13.0% from 2009 - 2014. The main driving element for global healthcare information technology market is the changing government regulations and government initiatives to bring down the healthcare costs.

Information technology offers solutions for almost all the segments covered under healthcare systems. Clinical trails management system, clinical decision support systems and data mining systems cater to the need of clinicians. Hospital information systems, e-prescribing systems, ambulatory care management systems and patient management system find wide applications in hospitals. Applications like EMR, E HR, CPOE and physician practice management systems are used by both clinicians and larger healthcare providers to offer improved patient care. Imaging applications like PACS and RIS are used to manage images or patient scans. The inclusion of RIS and PACS in healthcare has helped in improving the workflow in hospitals. Increasing number of patients visiting hospitals and physicians has increased the demand of information technology applications in healthcare sector.

SCOPE AND FORMAT

This market report will enable strategic understanding on the healthcare IT market. The report covers the following key market segments.

    - 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)

Each section of the report offers market data with respect to segments and geography. It also provides market trends with respect to drivers, restraints and opportunities. The report contains strategic section with respect to competitive landscape and market overview. The report will encompass more than 40 company profiles.

    STAKEHOLDERS

    - Healthcare institutes
    - Healthcare instrument manufacturers
    - Healthcare service providers
    - Healthcare consultants
    - Healthcare associations
    - Healthcare IT providers

The Healthcare practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global Healthcare Information Technology market to be held on 7th, Oct 2009. The briefing on the Global Healthcare Information Technology (2009-2014) will benefit the healthcare IT software manufacturers, Hospital, other healthcare providers, telemedicine technology providers.

To register your participation, please click here http://www.marketsandmarkets.com/AnalystBriefing/healthcare-IT.asp

Contact our representative to sponsor this report

About MarketsandMarkets

MarketsandMarkets is a research and consulting firm that publishes 120 market reports (http://www.marketsandmarkets.com/) per year. Each strategically analyzed report contains 250 pages of valuable market data, including more than 100 market data summary tables and in-depth, five-level segmentation for each of the products, services, applications, technologies, ingredients and stakeholders categories. Our reports also analyze about 200 patents, over 50 companies and micro markets that are mutually exclusive and collectively exhaustive.

    Contact:
    Ms. Sunita
    108, West 13th Street,
    Wilmington, DE, 19801
    County of New Castle
    Tel: +1-888-989-8004
    Email: [email protected]

SOURCE MarketsandMarkets