1 / 3

Global IT-enabled Healthcare Market to Exhibit 11.80% CAGR from 2014 to 2020, Remote Patient Monitoring Benefits Augment

IT-enabled healthcare offers viable means of overcoming shortfalls in the existing healthcare delivery system across the world. The key benefits of IT-enablement of healthcare delivery systems include the ability to reach a larger consumer base at minimal cost with efficiency.

kksingha
Download Presentation

Global IT-enabled Healthcare Market to Exhibit 11.80% CAGR from 2014 to 2020, Remote Patient Monitoring Benefits Augment

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Global IT-enabled Healthcare Market to Exhibit 11.80% CAGR from 2014 to 2020, Remote Patient Monitoring Benefits Augment Demand Transparency Market Research (TMR) has released a market study detailing the development of the global IT-enabled healthcare market from 2014 to 2020. The report is titled “IT-Enabled Healthcare Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” and states that the said market will expand at a CAGR of 11.80% from 2014 to 2020. In terms of valuation, the market will increase from US$96.8 bn in 2013 to US$210.3 bn by 2020. The objective of this study is to provide an in-depth strategic analysis, which includes market size and development forecasts of the IT-enabled healthcare market from 2012 to 2020. In addition, the dynamics and interrelationships of the various indicators are also scrutinized for a credible research analysis.The report states that the increasing number of e-health initiatives, elevated incidence of chronic diseases, and governmental support are some of the major reasons driving the IT-enabled healthcare market worldwide. On the contrary, compatibility issues of various healthcare applications and data breach issues are hindering the market’s growth, says the TMR report. The global IT-enabled healthcare market is divided on the basis of type into software and services. Between the two, it is the software segment that displays clear dominance, with the segment accounting for 74% of the global market in 2013. The sub-segments of the software segment are mHealth applications and healthcare system applications. In 2013, healthcare system applications held an outstanding 97% of the global IT-enabled healthcare market.Tele-health, mHealth, and healthcare system strengthening solutions are the segments of the services segment. Of these, it is the tele-health sector that registered the largest market share of 77% in the global market in 2013. On the basis of end user, physicians, individuals, private/public healthcare institutions, and healthcare workers are the segments of the global market for IT-enabled healthcare. Private/public healthcare institutions recorded a significant 51% share in the global market in 2013.Geography-wise, the IT-enabled healthcare market is divided into North America, Europe, Asia Pacific, and Rest of the World (RoW). In 2013, North America was the dominant regional market for IT-enabled healthcare services, due to a combination of several reasons. Early adoption of technological advancements, presence of modern infrastructure, and knowledgeable workforce are the reasons for this. The ever-increasing geriatric population in the region, which

  2. needs consistent healthcare, is favoring the adoption of technology-driven healthcare for remote monitoring. Europe is a mature market due to the early adoption of IT-enabled healthcare for improved services and process efficiency.Nevertheless, Asia Pacific will exhibit the fastest growth in the IT-enabled healthcare market during the forecast period. Increasing governmental support in terms of funds and knowledgeable workforce is aiding the deployment of these systems.Some of the top companies that operate in the global IT-enabled healthcare market are McKeson, Johnson & Johnson Healthcare Systems, Siemens AG, Siemens AG, Allscripts Healthcare Solutions, eHealth Technologies, GE Healthcare, Aerotel Medical Systems, and AT &T. Browse Full Press Release on Telemedicine Technologies and Services Market Market: Press Release About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Us Transparency Market Research State Tower, 90 State Street, Suite 700,

  3. Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

More Related