The healthcare information technology market is estimated to be $53.8 billion by 2014, growing at a CAGR of 16.1%. The market is expected to grow because of the tremendous demand for general applications which includes electronic medical records, electronic health records, computerized physician order entry system and non clinical systems. It is expected that the market for general applications will grow at an overall CAGR of 13.0% from 2009 – 2014. The main driving element for global healthcare information technology market is the changing government regulations and government initiatives to bring down the healthcare costs.
 
Information technology offers solutions for almost all the segments covered under healthcare systems. Clinical trails management system, clinical decision support systems and data mining systems cater to the need of clinicians. Hospital information systems, e-prescribing systems, ambulatory care management systems and patient management system find wide applications in hospitals. Applications like EMR, E HR, CPOE and physician practice management systems are used by both clinicians and larger healthcare providers to offer improved patient care. Imaging applications like PACS and RIS are used to manage images or patient scans. The inclusion of RIS and PACS in healthcare has helped in improving the workflow in hospitals. Increasing number of patients visiting hospitals and physicians has increased the demand of information technology applications in healthcare sector.

This analyst briefing focuses on the healthcare Information Technology market over the period 2009-2014.The agenda for the briefing includes discussion on key high growth market, marking the growth trend in the EHR, EMR and CPOE in healthcare IT market. This does not stop here – a briefing will be conducted on the competitive scenario and geographic opportunities for the similar topic.

The briefing on the Global Healthcare Information Technology (2009-2014) will benefit the healthcare IT software manufacturers, Hospital, other healthcare providers, telemedicine technology providers.

“The healthcare information technology market is estimated to be $53.8 billion by 2014, growing at a CAGR of 16.1%. The market is expected to grow because of the tremendous demand for general applications which includes electronic medical records, electronic health records, computerized physician order entry system and non clinical systems.” notes MarketsandMarkets Lead Analyst Sreyashi Dutta. “It is expected that the market for general applications will grow at an overall CAGR of 13.0% from 2009 – 2014. The main driving element for global healthcare information technology market is the changing government regulations and government initiatives to bring down the healthcare costs.”

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