Healthcare IT Market worth 280.25 Billion USD by 2021
The global healthcare IT market is expected to grow at a CAGR of 15.9% during the forecast period of 2016 to 2021. 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...
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...
Three Factors in Global Healthcare IT Market to Watch Out for in Future
Increasing global trend of digitization has influenced healthcare industry to adapt to the changing times. Reducing the load on paper-based data and increasing shelf life of medical data are the basic yet essential reasons for the growing demand of health information technologies and systems. According to the marketing research experts, global healthcare information technology market is aiming at...