The
global IT-enabled healthcare market, in terms of revenue, was valued
at USD 96.87 billion in 2013 and is estimated to grow at a CAGR of
11.8% during the forecast period from 2014 to 2020. The increasing
need for efficient delivery of healthcare services across the world
and reducing healthcare costs are some important factors driving the
growth of IT-enabled healthcare market, globally. Moreover,
IT-enabled healthcare offers additional benefits such as increased
accessibility, availability and accuracy of healthcare services.
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IT-enabled
healthcare software segment held the largest market share of around
74% in the overall IT-enabled healthcare market in 2013. Further,
healthcare system application was the largest segment of IT-enabled
healthcare software in 2013 which accounted for the share of around
97%. Healthcare system application segment comprises administrative
information systems, clinical information systems and ancillary
information systems, of which the clinical information systems
segment held the largest market share in 2013. The largest share of
clinical information systems segment is the result of high adoption
of electronic medical records (EMR) in recent years. This is because
of the numerous government initiatives across the world aiming
towards developing national level health record systems to ensure
continuity of healthcare services. In the ancillary information
systems, pharmacy information systems held the largest market share
in 2013 owing to the rising need for comprehensive healthcare
solutions and accuracy.
Among
all the IT-enabled healthcare services, the tele-health segment held
the largest market share in 2013, with around 77% of the overall
IT-enabled healthcare services market. Increasing need for healthcare
awareness is driving the demand for healthcare education segment of
tele-health services. Further, mHealth services are expected to
experience increased growth during the coming years due to the
proliferation of mobile devices combined with the rising need for
robust healthcare systems and emergency services across the world.
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IT-enabled
healthcare solutions are used by various healthcare facilities
including public/private healthcare institutions, physicians,
healthcare workers and individuals. In 2013, public/private
healthcare institutions held the largest market share with around 51%
of the overall IT-enabled healthcare market. On account of numerous
applications such as computer aided diagnostics and remote monitoring
solutions, physicians held the second largest market share in the
overall IT-enabled healthcare market. Factors such as rising demand
for fitness and healthier lifestyle would lead to the increasing
penetration of IT-enabled healthcare into the individuals’ market
segment. Increasing number of mobile apps and wearable fitness
electronics are expected to further drive the growth of IT-enabled
healthcare market during the forecast period of 2014 to 2020 for
individual users.
The
rising incidents of chronic diseases and increasing need of reducing
healthcare costs across the world are driving the growth of global
IT-enabled healthcare market. In 2013, North America held the largest
market share in the overall IT-enabled healthcare market, followed by
Europe. North America and Europe are relatively mature markets for
IT-enabled healthcare as these regions were the early adopters of
eHeath technology. Moreover, government initiatives in these regions
have extensively supported the deployment of healthcare IT solutions.
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The
key players in the IT-enabled healthcare market include McKesson
Corporation, Cerner Corporation, Koninklijke Philips N.V., GE
Healthcare, Siemens AG, IMS Health Holdings Inc., Allscripts
Healthcare Solutions Inc., eHealth Technologies, E*HealthLine.Com
Inc., AirStrip Technologies LP, Aerotel Medical Systems Ltd., Johnson
& Johnson Healthcare Systems Inc., AT&T Inc. and Apple Inc.
The
global IT-enabled healthcare market is categorized into the following
segments:
IT-enabled
Healthcare Software Market, by Type
- Healthcare System Applications
- Administrative Information Systems (AIS)
- Clinical Information Systems (CIS)
- Electronic Medical Record (EMR)
- Nursing Information Systems (NIS)
- Computer Aided Diagnosis (CAD)
- Others (Medical Imaging and Surgery Training and so on)
- Ancillary Information Systems (AIS)
- Pharmacy Information Systems (PIS)
- Laboratory Information Systems (LIS)
- mHealth Applications
IT-enabled
Healthcare Services Market, by Type
Tele-health
- Healthcare Diagnostics
- Remote Patient Monitoring
- Healthcare Education
Others
(Electronic prescribing software and online support)
mHealth
Solutions
for Patients
- Information and Reference Services
- Monitoring Services
- Diagnostic Services
- Wellness Services
- Treatment Services
- Prevention Services
Healthcare
System Strengthening Solutions
- Emergency Response Services
- Healthcare Practitioner Support
- Healthcare Surveillance
IT-enabled
Healthcare Market, by End-user
- Public/Private Healthcare Institutions
- Physicians
- Healthcare Workers
- Individuals
IT-enabled
Healthcare Market, by Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
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