The year 2009 has been significant in the healthcare IT market, with improved government regulations across the globe for healthcare IT development; thereby enabling increased investments for better patient monitoring and technology developments. Advancements in healthcare IT have also improved access to medical care, making high-end treatment and diagnosis services more cost-effective to patients across hospitals globally. Today, IT is used in every segment of the healthcare industry. The increase in the number of patients reporting chronic diseases has boosted the demand for systems that can offer complete automation and decision support capabilities. These systems include remote patient monitoring, telemedicine, clinical data repository, intelligent networks, and automatic alert systems.

The growth of medical tourism, demand for better quality healthcare delivery by growing aging population, and increase in chronic disease patient population is driving the increased adoption of IT solutions in the emerging markets. The healthcare IT market in emerging economies is expected to grow from $5.3 billion in 2010 to $10.9 billion in 2015, at a CAGR of 15.3% from 2010 to 2015. The hardware segment dominates the healthcare IT market in emerging economies and is expected to be the fastest growing segment for the next five-seven years.

The significant increase in demand for medical care has also increased the chances of error in diagnosis and claim settlement. This lead to the introduction of systems such as CPOE (computerized physician order entry systems), point-of-care documentation systems, integrated systems such as enterprise-wide PACS (picture archive and communication systems), patient portals and EMR (electronic medical record). These not only helped reduce medical errors, they also helped improve the management of health related information.

IT solutions such as clinical information systems and administrative/non-clinical systems are mostly used in private sector hospitals in the developing countries. Most hospitals in these countries are equipped with basic administrative systems for billing and patient scheduling. However, there will be a gradual increase in the use of clinical information systems such as EMR, PACS, LIS, RIS once the IT infrastructure has been developed.

Radio frequency identification (RFID) implementation is expected to drastically improve the healthcare IT scenario with access to medical record systems and files at any given time. Development in picture archive and communication systems (PACS) has been another essential clinical IT solution for delivering better patient care and physician satisfaction. This study analyses the competitive scenario of the global healthcare IT market and the strategies employed by the key industry participants to develop products and services.

Scope of the report

This market report will enable strategic understanding of the following key segments of the healthcare IT market:

• Healthcare IT Products: hardware, software, networks, radiology information system, PACS
  
• Healthcare IT Applications: general applications, hospital applications, electronic prescribing system, ambulatory care management systems, laboratory applications, applications in clinical research, other related and supporting applications
  
• Healthcare IT Services (telemedicine, training services, implementation services, post-sales services, and consulting)

This research report also evaluates the healthcare IT market in emerging economies with respect to the hardware, software and services market. The report analyzes geography; forecasting revenues and trends in each of the following submarkets:

• Hardware components such as desktops/laptops, peripherals, servers, storage, networking devices.
• Clinical Information Systems
• Electronic Medical Records (EMR)
• Computerized Physician Order Entry (CPOE)
• Laboratory Information Systems (LIS)
• Pharmacy Information Systems
• Radiology Information Systems (RIS)
• Picture Archiving And Communications Systems (PACS)
• Administrative / non-clinical systems
• IT Services

Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, the report provides more than 40 company profiles covering all the sub-segments.

TABLE OF CONTENTS 
 
Executive Summary 
  Market scenario

1 Introduction
  1.1 Key Take-aways
  1.2 Report Description
  1.3 Markets Covered
  1.4 Stakeholders
  1.5 Research Methodology

2 Summary

3 Market Dynamics
  3.1 Brazil Healthcare IT Market
      3.1.1 Drivers & opportunities
            3.1.1.1 Constant support through government initiatives
            3.1.1.2 Under-penetrated primary care sector
      3.1.2 Restraints
            3.1.2.1 Underutilized IT systems in healthcare
  3.2 Competitive Landscape
  3.3 Russia Healthcare IT Market
      3.3.1 Opportunity analysis
      3.3.2 Drivers
            3.3.2.1 Government initiatives promote adoption of IT in healthcare
            3.3.2.2 Aging population
            3.3.2.3 Electronic Russia
      3.3.3 Restraints
            3.3.3.1 Lack of infrastructure development
            3.3.3.2 Quality issues
            3.3.3.3 Financing issues
  3.4 India Healthcare IT Market
      3.4.1 Drivers
            3.4.1.1 Government initiatives for telemedicine solutions
            3.4.1.2 Dominance of private healthcare providers
            3.4.1.3 International exposure of Indian players
      3.4.2 Restraints & opportunities
            3.4.2.1 Need for healthcare standards
            3.4.2.2 Low budget for IT in hospitals
            3.4.2.3 Prevalence of in-house IT
            3.4.2.4 Nascent market and untapped potential
  3.5 China Healthcare IT Market
      3.5.1 Drivers
            3.5.1.1 Government initiatives to digitize hospitals
            3.5.1.2 Rural and urban divide in healthcare sector
      3.5.2 Opportunities
            3.5.2.1 Increasing healthcare expenditure
            3.5.2.2 Chinese government initiatives for healthcare reforms
            3.5.2.3 Unaddressed small to midsized hospital segment
            3.5.2.4 Steps for increasing medical insurance coverage
  3.6 Mexico healthcare IT market
      3.6.1 Drivers & restraints
            3.6.1.1 Prime location of medical tourism in Latin America
            3.6.1.2 Mexican government initiatives
            3.6.1.3 Lack of budget for development of IT infrastructure
      3.6.2 Opportunity
            3.6.2.1 Cross border expansion between the U.S. and Mexico
  3.7 South Korea Healthcare IT Market
      3.7.1 Drivers & restraints
            3.7.1.1 South Korea pushing medical tourism
            3.7.1.2 U-Health and NHII initiatives
            3.7.1.3 Shortage of IT professionals
      3.7.2 Opportunity
            3.7.2.1 RFID & wireless healthcare

4 Market Overview
  4.1 Drivers & Opportunities
      4.1.1 Government initiatives
      4.1.2 Need for better quality healthcare delivery
            4.1.2.1 Increase in per capita healthcare expenditure (2004 – 2008)
            4.1.2.2 Medical tourism
            4.1.2.3 Increasing aging & chronic disease population
      4.1.3 Nascent & untapped market
  4.2 Restraints
      4.2.1 Low IT budget due to lack of proof of ROI
      4.2.2 Lack of IT professionals
  4.3 HCIT market structure
  4.4 Hardware Dominates the Market
  4.5 HCIT Market Factors in Emerging Countries
  4.6 Technology Adoption in Emerging Countries
  4.7 Opportunity Analysis
  4.8 Winning Imperatives
  4.9 Burning Issues

5 Healthcare IT Hardware Market
  5.1 Desktops/ Laptops
  5.2 Peripherals
  5.3 Servers
  5.4 Storage Devices
  5.5 Networking Devices

6 Healthcare IT Services Market
  6.1 Consulting Services
  6.2 Implementation Services
  6.3 Post Sales & Maintenance Services
  6.4 Training Services

7 Healthcare IT Software Market
  7.1 Hospital Information Solutions
      7.1.1 Clinical information systems
            7.1.1.1 Electronic medical record solutions
            7.1.1.2 Radiology information systems
            7.1.1.3 Picture archiving and communications systems
            7.1.1.4 Computerized physician order entry
            7.1.1.5 Laboratory information systems
            7.1.1.6 Pharmacy information systems
      7.1.2 Administration/ non-clinical systems
  7.2 Systems
  7.3 Software Solutions Used by Health Insurance Companies
      7.3.1 Customer Relationship Management
      7.3.2 Enterprise Resource Planning Solutions
      7.3.3 Other Administrative Software

8 Competitive Landscape
  8.1 Top Players & Their Strategies
  8.2 Local v/s Global Players
  8.3 Competitive Developments

9 Company Profiles
  9.1 AGFA HEALTHCARE
      9.1.1 Overview
      9.1.2 Primary Business
      9.1.3 Financials
      9.1.4 Strategy
      9.1.5 Developments
  9.2 ALLSCRIPTS-MISYS HEALTHCARE SOLUTIONS INC.
      9.2.1 Overview
      9.2.2 Primary Business
      9.2.3 Financials
      9.2.4 Strategy
      9.2.5 Developments
  9.3 AURIGA INC.
      9.3.1 Overview
      9.3.2 Primary Business
      9.3.3 Strategy
  9.4 AVREO INC.
      9.4.1 Overview
      9.4.2 Primary Business
      9.4.3 Strategy
      9.4.4 Developments
  9.5 CAPGEMINI
      9.5.1 Overview
      9.5.2 Primary Business
      9.5.3 Financials
      9.5.4 Strategy
  9.6 CARESTREAM HEALTH
      9.6.1 Overview
      9.6.2 Primary Business
      9.6.3 Strategy
      9.6.4 Developments
  9.7 CERNER CORPORATION
      9.7.1 Overview
      9.7.2 Primary Business
      9.7.3 Financials
      9.7.4 Strategy
      9.7.5 Developments
  9.8 CLINICAL COMPUTING PLC.
      9.8.1 Overview
      9.8.2 Primary Business
      9.8.3 Financials
      9.8.4 Strategy
      9.8.5 Developments
  9.9 COGNIZANT TECHNOLOGY SOLUTIONS
      9.9.1 Overview
      9.9.2 Primary Business
      9.9.3 Financials
      9.9.4 Strategy
  9.10 DELL INC.
      9.10.1 Overview
      9.10.2 Primary Business
      9.10.3 Financials
      9.10.4 Strategy
      9.10.5 Developments
  9.11 EMDEON INC.
      9.11.1 Overview
      9.11.2 Primary Business
      9.11.3 Financials
      9.11.4 Strategy
      9.11.5 Developments
  9.12 E-MDS INC.
      9.12.1 Overview
      9.12.2 Primary Business
      9.12.3 Strategy
      9.12.4 Developments
  9.13 EPIC SYSTEMS
      9.13.1 Overview
      9.13.2 Primary Business
      9.13.3 Strategy
      9.13.4 Developments
  9.14 GE HEALTHCARE
      9.14.1 Overview
      9.14.2 Primary Business
      9.14.3 Financials
      9.14.4 Strategy
      9.14.5 Developments
  9.15 HCL INFOSYSTEMS LTD.
      9.15.1 Overview
      9.15.2 Primary Business
      9.15.3 Financials
      9.15.4 Strategy
      9.15.5 Developments
  9.16 HEWLETT-PACKARD
      9.16.1 Overview
      9.16.2 Primary Business
      9.16.3 Financials
      9.16.4 Strategy
      9.16.5 Developments
  9.17 INFOSYS TECHNOLOGIES LTD.
      9.17.1 Overview
      9.17.2 Primary Business
      9.17.3 Financials
      9.17.4 Strategy
      9.17.5 Developments
  9.18 INGENIX
      9.18.1 Overview
      9.18.2 Primary Business
      9.18.3 Financials
      9.18.4 Strategy
      9.18.5 Developments
  9.19 INTIVIA
      9.19.1 Overview
      9.19.2 Primary Business
      9.19.3 Strategy
      9.19.4 Developments
  9.2 MCKESSON CORPORATION
      9.20.1 Overview
      9.20.2 Primary Business
      9.20.3 Financials
      9.20.4 Strategy
      9.20.5 Developments
  9.21 MEDICAL INFORMATION TECHNOLOGY INC.
      9.21.1 Overview
      9.21.2 Primary Business
      9.21.3 Financials
      9.21.4 Strategy
      9.21.5 Developments
  9.22 MERGE HEALTHCARE INC.
      9.22.1 Overview
      9.22.2 Primary Business
      9.22.3 Financials
      9.22.4 Strategy
      9.22.5 Developments
  9.23 MICRODATA TECNOLOGIA LTDA
      9.23.1 Overview
      9.23.2 Primary Business
      9.23.3 Strategy
      9.23.4 Developments
  9.24 MMR GLOBAL INC.
      9.24.1 Overview
      9.24.2 Primary Business
      9.24.3 Financials
      9.24.4 Strategy
      9.24.5 Developments
  9.25 NEUSOFT MEDICAL SYSTEM
      9.25.1 Overview
      9.25.2 Primary Business
      9.25.3 Strategy
      9.25.4 Developments
  9.26 NOVARAD CORPORATION
      9.26.1 Overview
      9.26.2 Primary Business
      9.26.3 Strategy
      9.26.4 Developments
  9.27 PHILIPS HEALTHCARE
      9.27.1 Overview
      9.27.2 Primary Business
      9.27.3 Financials
      9.27.4 Strategy
      9.27.5 Developments
  9.28 SCIENCE APPLICATIONS INTERNATIONAL CORP
      9.28.1 Overview
      9.28.2 Primary Business
      9.28.3 Financials
      9.28.4 Strategy
      9.28.5 Developments
  9.29 SUNQUEST INFORMATION SYSTEMS INC.
      9.29.1 Overview
      9.29.2 Primary Business
      9.29.3 Strategy
      9.29.4 Developments
  9.3 SIEMENS HEALTHCARE
      9.30.1 Overview
      9.30.2 Primary Business
      9.30.3 Financials
      9.30.4 Strategy
      9.30.5 Developments
  9.31 TATA CONSULTANCY SERVICES LIMITED
      9.31.1 Overview
      9.31.2 Primary Business
      9.31.3 Financials
      9.31.4 Strategy
      9.31.5 Developments
  9.32 TECHNIDATA SAS
      9.32.1 Overview
      9.32.2 Primary Business
      9.32.3 Strategy  
  9.33 WIPRO LIMITED
      9.33.1 Overview
      9.33.2 Primary Business
      9.33.3 Financials
      9.33.4 Strategy
      9.33.5 Developments

LIST OF TABLES 
 
1 Healthcare IT Market in Emerging Economies, by Revenues 2008 – 2015 ($Million)
2 Brazil: Healthcare IT Market Revenues, by Segments 2008 – 2015 ($Million) 
3 Brazil: Impact Analysis of Market Dynamics
4 Russia: Healthcare IT Market Revenues, by Segments 2008 – 2015 ($Million) 
5 Russia: Impact Analysis of Market Dynamics
6 India: Healthcare IT Market Revenues, by Segments 2008 – 2015 ($Million) 
7 India: Impact Analysis of Market Dynamics
8 China: Healthcare IT Market Revenues, by Segments 2008 – 2015 ($Million) 
9 China: Impact Analysis of Market Dynamics
10 Mexico: Healthcare IT Market Revenues, by Segments, 2008 – 2015 ($Million) 
11 Mexico: Impact Analysis of Market Dynamics
12 Korea: Healthcare IT Market Revenues, by Segments  2008 – 2015 ($Million) 
13 South Korea: Impact Analysis of Market Dynamics
14 Healthcare Expenditure Per Capita (2004 – 2008)
15 % Population above 65 Years of Age
16 Healthcare IT Hardware Market Revenues, by Segments 2008 – 2015 ($Million) 
17 Healthcare IT Hardware Market Revenues, by Geography 2008 – 2015 ($Million) 
18 Healthcare IT Desktops/Laptops Market Revenue, by Geography 2008 – 2015 ($Million) 
19 Healthcare IT Peripherals Market Revenues, by Geography 2008 – 2015 ($Million)
20 Healthcare IT Servers Market Revenues, by Geography 2008 – 2015 ($Thousand) 
21 Healthcare IT Storage Devices Market Revenues, by Geography 2008 – 2015 ($Thousand) 
22 Healthcare IT Networking Devices Market Revenues, by Geography 2008 – 2015 ($Thousand) 
23 Healthcare IT Services Market Revenues, by Segments 2008 – 2015 ($Million) 
24 Healthcare IT Services Market Revenues, by Geography 2008 – 2015 ($Million) 
25 Healthcare IT Consulting Services Market Revenues, by Geography 2008 – 2015 ($Thousand) 
26 Healthcare IT Implementation Services Market Revenues, by Geography 2008 – 2015 ($Million) 
27 Healthcare IT Post-Sale & Maintenance Services Market Revenues, by Geography 2008 – 2015 ($Thousand)
28 Healthcare IT Training Services Market Revenues, by Geography 2008 – 2015 ($Thousand) 
29 Healthcare IT Software Market Revenues, by Segments 2008 – 2015 ($Million) 
30 Healthcare IT Software Market Revenues, by Geography 2008 – 2015 ($Million) 
31 Hospital Information Systems Market Revenues, by Segments 2008 – 2015 ($Million)
32 Hospital Information Systems Market Revenues, by Geography 2008 – 2015 ($Million) 
33 Healthcare IT Clinical Information Systems Market Revenues, by Segments 2008 – 2015 ($Thousand)
34 Healthcare IT Clinical Information Systems Market Revenues, by Geography 2008 – 2015 ($Thousand)
35 EMR Market Revenues, by Geography 2008 – 2015 ($Thousand)
36 RIS Market Revenues, by Geography 2008 – 2015 ($Thousand)
37 PACS Market Revenues, by Geography 2008 – 2015 ($Thousand)
38 CPOE Market Revenues, by Geography 2008 – 2015 ($Thousand)
39 LIS Market Revenues, by Geography 2008 – 2015 ($Thousand)
40 Pharmacy Information Systems Market Revenues, by Geography 2008 – 2015 ($Thousand) 
41 Administration/Non Clinical Systems Market Revenues, by Geography 2008 – 2015 ($Thousand) 
42 Healthcare IT Systems Market Revenues, by Geography 2008 – 2015 ($Thousand) 
43 Agfa Healthcare: Total Revenue & R&D Expenses ($Million)
44 Agfa Healthcare: Total Revenues, by Segment ($Million)
45 Agfa Healthcare: Geographic Revenues ($Million)
46 Allscripts-Misys Healthcare Solutions: Total Revenues & R&D Expenses ($Million)
47 Allscripts-Misys Healthcare Solutions: Total Revenues, by Segments ($Thousand) 
48 Capgemini: Total Revenues ($Million)
49 Cerner Corporation: Total Revenues & R&D Expenses ($Millions)
50 Cerner Corporation: Total Revenues, by Geography ($Millions)
51 Cerner Corporation: Total Revenues, by Segments ($Million)
52 Clinical Computing Plc.: Total Revenues & R&D Expenses ($Million)
53 Cognizant Technology Solutions: Total Revenues ($Million)
54 Cognizant Technology Solutions: Total Revenues, by Geography ($Million) 
55 Cognizant Technology Solutions: Total Revenues, by Segments ($Million) 
56 Dell Inc.: Total Revenues & R&D Expenditure ($Million)
57 Dell Inc.: Total Revenues, by Segments ($Million)
58 Dell Inc.: Geographic Revenues ($Million)
59 Emdeon Inc.: Total Revenues ($Million)
60 GE Healthcare: Total Revenues & R&D Expenses ($Million)
61 GE Healthcare: Total Revenues, by Geography ($Billion)
62 GE Healthcare: Total Revenues, by Segments ($Million)
63 HCL Infosystems Ltd.: Total Revenue ($Million)
64 HCL Infosystems Ltd.: Business Segments
65 HCL Infosystems Ltd.: Geographic Revenues ($Million)
66 Hewlett-Packard: Total Revenues & R&D Expenses ($Million)
67 Hewlett-Packard: Geographic Revenues ($Million)
68 Infosys Technologies Ltd.: Total Revenues & R&D Expenses ($Million)
69 Infosys Technologies Ltd.: Geographic Revenues ($Million)
70 Ingenix: Total Revenues ($Million)
71 Mckesson Corporation: Total Revenues & R&D Expenses, Year Ended March 31 ($Million) 
72 Mckesson Corporation: Total Revenues, by Segments ($Million)
73 Medical Information Technology Inc.: Total Revenues & R&D Expenses ($Million) 
74 Merge Healthcare Inc.: Total Revenues ($Million)
75 Merge Healthcare Inc.: Segment Revenues ($Million)
76 Merge Healthcare Inc.: Geographic Revenues ($Million)
77 MMR Global Inc.: Total Revenues & R&D Expenses ($Thousand)
78 Philips: Total Revenues ($Million)
79 Philips: Geographic Revenues ($Million)
80 Philips: Revenues, by Segments ($Million)
81 SAIC: Revenues & R&D Expenses ($Million)
82 SAIC: Revenues, by Segments ($Million)
83 Siemens: Total Revenues ($Million)
84 Siemens: Revenues, by Segments ($Million)
85 Siemens: Revenues, by Segments ($Million)
86 TCS: Total Revenues & R&D Expenses ($Million)
87 TCS: Geographic Revenues ($Million)
88 Wipro Ltd.: Total Revenues & R&D Expenses ($Million)
89 Wipro Ltd.: Geographic Revenues ($Million)
90 Wipro Ltd.: Segment Revenues ($Million) 
 
LIST OF FIGURES 
 
1 Healthcare IT Spending in Emerging Countries
2 Healthcare IT Boosted by Need for Better Quality Healthcare Delivery
3 Healthcare IT Market Structure
4 Segment Analysis (HCIT)
5 Comparison of Market Factors in Emerging Countries
6 Healthcare IT Adoption Curve
7 Healthcare IT Opportunity Analysis
8 Healthcare IT Hardware Market Definition
9 Healthcare IT Services Market Definition
10 Agreements & Acquisitions of Local Players: A Prime Strategy 
11 Competitive Developments, by Company (2009 – March 2011)
12 Top Players & Their Strategies

Healthcare IT Market in Emerging Economies shows high growth

The healthcare IT market in emerging economies is expected to witness double digit growth rate in the years to come. The growth of medical tourism, demand for better quality healthcare delivery by growing aging population, and increase in chronic disease patient population is driving the increased adoption of IT solutions in the emerging markets. Most hospitals in these countries are setting up their basic healthcare IT infrastructure and hence the market is dominated by hardware installations. The healthcare IT market in emerging economies is expected to grow from $5.3 billion in 2010 to $10.9 billion in 2015, at a CAGR of 15.3% from 2010 to 2015.

Source: MarketsandMarkets

The healthcare IT (HCIT) market in emerging countries is at a very nascent stage and thus offers lot of growth opportunities. Emerging countries have been late in the adoption of healthcare IT in comparison with the developed countries such as the U.S., Europe, and Japan due to infrastructural issues, low awareness levels, and lack of proof on ROI. However, with increasing medical tourism in countries such as Brazil, South Korea, Mexico, and India, healthcare providers are keen on adopting strategies that improve clinical workflow, enhance efficiency, save costs, and at the same time enable faster and more accurate healthcare delivery.

Prominent industry players include GE Healthcare (UK), Siemens Healthcare (Germany), McKesson Corporation (U.S.), Allscripts Healthcare Solutions (U.S.), Cerner Corporation (U.S.), and Philips Healthcare (The Netherlands). The market players are focusing on the development of low cost solutions and entering into agreements with local players to offer healthcare IT solutions in the emerging markets.