MarketsandMarkets: World Healthcare IT Market Expected to be US$ 162.2 Billion by 2015

MarketsandMarkets: World Healthcare IT Market Expected to be US$ 162.2 Billion by 2015

DALLAS, August 10, 2011/PRNewswire/ --

    The "World Healthcare IT Market: Trends & Forecast (2010 - 2015)
[http://www.marketsandmarkets.com/Market-Reports/healthcare-information-technology-market-136.html ]
" analyzes and studies the major market drivers,
restraints, and opportunities in North America, Europe, Asia, & Rest of the
world.

    Browse market data tables and in-depth TOC on World Healthcare IT
Market: Trends & Forecast (2010-2015).
http://www.marketsandmarkets.com/market-reports/healthcare-information-technology-market-136.html
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    The global healthcare IT market
[http://www.marketsandmarkets.com/Market-Reports/healthcare-information-technology-market-136.html ]
is expected to grow from $99.6 billion in 2010 to
$162.2 billion in 2015, at a CAGR of 10.2% from 2010 to 2015.

    Support from the government in the form of stimulus packages is the
biggest strength for the market. Implementation of nationwide health records
in the U.S., Europe, China, and all the other major markets depends upon the
government initiatives. With the changing terms between clients and vendors,
the markets offer huge opportunity for domain specific players. Healthcare
IT providers generate more than 60% of their revenue through license
updating and the remaining through new client acquisitions. This has
attracted the attention of many non-healthcare segment players such as
Google; which is offering Google health record for maintaining patient data.

    The healthcare IT market is witnessing many developments with the
introduction of healthcare reforms in developed nations. IT implementation
has already streamlined healthcare and hospital procedures such as billing,
medical imaging, and diagnostic information. However, the market still
offers more scope for development, especially with increasing government
incentives in the sector.

    The current healthcare information technology market
[http://www.marketsandmarkets.com/Market-Reports/healthcare-information-technology-market-136.html ]
focuses on interoperability platforms to enable data
exchange across hospital networks and diagnostic centers. The healthcare IT
market is witnessing many developments with the introduction of healthcare
reforms in developed nations. IT implementation has already streamlined
healthcare and hospital procedures such as billing, medical imaging, and
diagnostic information. However, the market still offers more scope for
development, especially with increasing government incentives in the sector.

    Meditech (U.S.), Cerner Corporation (U.S), Mckesson Corporation (U.S),
Siemens Healthcare (Germany), Epic Systems (U.S), Allscripts (U.S), Philips
(The Netherlands), and GE Healthcare (U.S.) account for most of the market.

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