Healthcare IT Market Research: Technological Advancements Improves Quality of Care and Clinical Outcomes
The healthcare IT market is projected to reach USD 280.25 Billion by 2021 from USD 134.25 Billion in 2016, at a CAGR of 15.9% during the forecast period.
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Major players in the http://www.marketsandmarkets.com/pdfdownload.asp?id=252
North America accounted for the largest share in 2015, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region represents the fastest-growing market for healthcare IT, primarily due to the increasing healthcare expenditure, rising medical tourism, government initiatives to create eHealth platforms, and growth in the overall healthcare industry.
In addition, increasing investments in the healthcare industry by key market players, rising demand for advanced healthcare technologies, and expansion of private sector hospitals to rural areas in countries such as China, Taiwan, and India are driving the growth of this region.
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Majority of the demand for healthcare IT solutions is driven by the growing need to reduce healthcare costs while adhering to the regulatory requirements set by government organizations for ensuring safety, security, and confidentiality of patient information. The growing adoption of health information exchanges (HIEs) and EHR systems and improved quality of care and clinical outcomes are some of the other factors driving market growth.
• Healthcare IT solution providers
• Healthcare IT vendors
• Healthcare IT service providers
• Healthcare payers
• Academic research institutes
• Government institutes
• Market research and consulting firms
• Venture capitalists and investors
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