The
global IT-enabled healthcare market was estimated at US$96.87 billion
in 2013, and is projected to reach a value of US$210.32 billion by
2020. The report broadly segments the global IT-enabled healthcare
market into software, service, and end-users. We live in an era when
information technology has already covered all aspects of our working
as well as personal lives. It is a field that contributed towards
shaping the world around us in a revolutionary manner for the past
few decades, and changed it entirely as we see it - with more leisure
time and countless opportunities for managing complex jobs from many
industries in easier ways. The world of healthcare has also benefited
significantly from the IT industry where IT has changed, for good,
the way diseases are diagnosed and treated and patient care services
are delivered.
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IT-enabled Healthcare Market Report with Full TOC at
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The
IT-enabled healthcare market, which enables effective ways to tackle
complexities related with methods of documenting and delivering
healthcare services, has helped the healthcare industry in gaining
major advancements as far as managing and delivering healthcare
services are considered. Through software products such as electronic
medical records, and a variety of mHealth and healthcare systems
applications, the IT field has emerged as a true enabler for a brand
new world of healthcare. It is now a place where healthcare services
are delivered and medicine is practiced in a more effective manner.
The
IT-enabled healthcare market is subject to constant evolution due to
significantly rising number of mobile devices at user’s end,
advancements in data storage and data transfer technologies, and
rising adoption of cloud services. The fusion of IT techniques with
the healthcare industry have led to a healthcare market which is much
more streamlined, improved, efficient, and clinically effective than
the traditional healthcare industry.
In
2013, the global IT-enabled healthcare market valued US$96.87 billion
according to market analysts. Whilst issues such as high costs of
products and rising demand for technologically improved and high-end
products and services keep posing challenges, future prospects for
the market are very positive. The market is anticipated to grow to
US$210.32 billion by 2020, recording growth at 11.8% rate over the
years.
IT-enabled
Healthcare Market Analysis by Categories
The
market can be seen as a mix of software products, services, and
prominent end-users.
Of
these three major end-user segments, the segment software products
contributed nearly 74% revenues towards the overall market value in
2013. Healthcare system applications, a subs-segment of software
products, resulted in the largest and also the most prominent share
of the market, of nearly 97% in 2013. The high rate of acceptance of
system applications such as electronic medical records, clinical
information systems, laboratory information systems, etc. led to such
high market figures. The sub-segment mHealth software applications
was only able to garner the remaining shares in the year.
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Amongst
the various IT-enabled healthcare services offered by the market, the
tele-health sector led to nearly 77% revenues of the overall market
value in 2013. mHealth services are gaining importance with time and
their rate of adoption is observing constant rise. The rapidly
increasing proliferation of mobile devices in the healthcare field
coupled with the an increased need of robust healthcare and emergency
services in today’s fast world will help this market segment gain
increased importance in the near future.
Of
the variety of end-users of the overall IT-enabled healthcare market,
the market segment public and private healthcare institutions led to
nearly 51% revenues in 2013. Due to numerous applications of
IT-enabled healthcare procedures and services in nursing homes led to
the second highest demand for products and services from the
physicians’ market segment in the same year.
Global
Surgical Equipments Market Analysis by Key Players
Many
local as well as international businesses operate in the highly
regulated global IT-enabled healthcare market, constantly changing
the competitive landscape with technological innovations. Some of
these businesses are Apple Inc., GE Healthcare, Allscripts Healthcare
Solutions Inc., E*HealthLine.Com Inc., AT&T Inc., Koninklijke
Philips N.V., Aerotel Medical Systems Ltd., AirStrip Technologies LP,
Johnson & Johnson Healthcare Systems Inc., Cerner Corporation,
Siemens AG, IMS Health Holdings InceHealth Technologies, and McKesson
Corporation.
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Press Release Of IT-Enabled Healthcare Market
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