Empowering Healthcare with Information Technology – Forthcoming Innovations & Trends
Introduction to Latest Trends:
The healthcare industry has been transformed by advances in information technology (IT) over the past few years. From electronic health records to telemedicine, healthcare IT has improved patient outcomes, streamlined operations, and reduced costs. As we look ahead, there are several latest trends in healthcare IT that are set to shape the future of the industry.These...
Healthcare IT Market – Major Technology Advancements are Expected Post COVID19 Impact
Healthcare IT Market Dynamics:
Driver: Rising use of big data
In the last few years, the volume of electronic data produced in the healthcare industry has expanded to terabytes and petabytes, primarily due to the digitization of administrative, clinical, and financial information. With the volume growing almost twofold every year, it is expected to reach exabytes and even zettabytes in...
Global Healthcare IT Industry Majorly Impacted by COVID – Rising Need of Tech Advancements
Impact of COVID19 on Global HIT Market:Due to the COVID-19 outbreak, medical practices of all sizes are under immense pressure, and healthcare facilities across the globe have been overwhelmed by the large number of patients visiting them on a daily basis. The rising prevalence of coronavirus disease has driven the demand for accurate diagnosis and treatment devices in several countries across...
Global Healthcare IT Industry – This is What the Future has to Offer
Objectives
of this Study:
# To
define, describe, and forecast the healthcare IT market based on product &
service, component, end user, and region
# To
provide detailed information regarding the major factors influencing the growth
of the market (drivers, restraints, opportunities, and industry-specific
challenges)
# To
strategically analyze micromarkets1 with respect to individual growth...
Global Healthcare IT Industry is Undergoing Huge Technological Transformation
The majority of the demand for healthcare IT solutions is driven by the growing need to reduce healthcare costs while adhering to the regulatory requirements set by government organizations for ensuring safety, security, and confidentiality of patient information.
The growing adoption of health information exchanges (HIEs) and EHR systems and improved quality of care and clinical outcomes are some...
Mobile Platforms and Cloud-Based Solutions for Healthcare IT Provide Significant Opportunities for Market Growth
The healthcare IT market is projected to reach USD 280.25 Billion by 2021 from USD 134.25 Billion in 2016, at a CAGR of 15.9% during the forecast period. Factors such as growing need to manage regulatory compliance through healthcare IT solutions, government support for healthcare IT solutions, rising need to curtail escalating healthcare costs, high return on investment for HCIT solutions, growing...