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Report on "Global Healthcare IT Market" analyzes the market dynamics from the industry point of view

MarketsandMarkets, the corporate and research entity has published new research report on global information technology market. The new report entitled Global Healthcare Information Technology (2009 - 2014) forecasts the world HIT market to reach $53.8 billion in 2014. This research report analyses the key trends in global the healthcare information technology market, and segments it into various submarkets as per their sizes in various geographies. It also analyzes the key market drivers, restraints, and opportunities of the global healthcare IT market.

The research predicts that the market will grow at a high CAGR of 16.1% (from 2009 to 2014) because of government initiatives to reduce healthcare costs; and the tremendous demand for healthcare IT applications such as electronic medical records, electronic health records, computerized physician order entry systems, and non-clinical systems. The report includes market data for segments such as tools, services and applications for the major geographies - U.S., Europe, Asian and ROW. It also gives a competitive analysis stating the major segments focused by the global market players and the key developments - equipments, devices and technology.

According to the report, there are various factors that contribute to the growth of HIT market. The report segments the Healthcare IT Market in to HCIT Product Market, HCIT Application Market and HCIT Services Market. Today information technology offers solutions for almost all the areas in the healthcare system, including clinical trial management and clinical decision support. Hospitals are increasingly implementing e-prescribing systems, hospital information systems, ambulatory care management systems, and patient management systems. Clinicians as well as larger healthcare providers both use EMR, EHR, CPOE, and physician practice management systems to offer improved patient care. Imaging applications like PACS and RIS are highly useful in the management of images and patient scans; and also improve the workflow in hospitals.

This report on "Global Healthcare IT Market" analyzes the market dynamics exclusively from the industry point of view. The report provides a three-dimensional picture of the global healthcare IT market by focusing on all its aspects as well as its applications market reporting the key trends, which are further analyzed at the micro market levels. Each report segment provides market tables, drivers, restraints and opportunities along with the key players and competitive landscape. This report will also provide more than 100 market tables for various geographic regions covering the sub-segments and micro-markets. In addition, the report provides 50 company profiles for each of its sub-segments, such as dental chair manufacturers, implants manufacturers, other devices manufacturers etc.

Source: MarketsandMarkets

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