DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6rk6wd/healthcare_it) has announced the addition of the "Healthcare IT Market in India 2015-2019" report to their offering.
The Healthcare IT market in India to grow at a CAGR of 14.02% over the period 2014-2019
This report covers the present scenario and the growth prospects of the Healthcare IT market in India for the period 2015-2019. The Healthcare IT market is categorized into three segments: Hardware, Software, and IT Services.
Healthcare IT refers to the use of IT services, products, software, and solutions by healthcare organizations to integrate and streamline various processes. In healthcare, IT is used to develop a secure environment and maintain a uniform flow of information. It improves the quality and efficiency of the services delivered and helps in reducing errors in the Healthcare industry. The rising number of healthcare institutions and the emerging need to modernize the same is contributing to the growth of healthcare IT.
The demand for advanced analytics tools is one of the key trends in the market. These tools are a significant part of healthcare data analytics solutions, which help healthcare professionals or organizations gain insights from medical records of patients collected from various sources.
According to the report, healthcare providers and institutions are increasingly adopting corporate culture, which is fueling demand for IT solutions in the Healthcare industry. Profits are evidently becoming a priority for several hospitals based out of urban India.
Further, the report states that high costs of IT adoption are a main concern in India. Healthcare costs are expected to increase rapidly. The initial investment required for installing IT systems is high and continues to increase; however, revenue does not increase proportionally. Varied healthcare practices make it difficult for physicians to invest in installing and maintaining IT systems.
Other Prominent Vendors
- 21st Century Informatics
- Akhil Systems
- C Marc
- GE Healthcare
- Kaiser Permanente
- Napier Healthcare
- Perot Systems
- Religare Technova
- Shivam Medisoft
- Tech Mahindra
United Healthcare Group
For more information visit http://www.researchandmarkets.com/research/6rk6wd/healthcare_it