SYS-CON MEDIA Authors: Elizabeth White, Liz McMillan, Pat Romanski, Esmeralda Swartz, Kevin Jackson

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Research and Markets: Global Healthcare IT Market is Estimated to Grow at a CAGR of 7.0% to Reach $ 56.7 Billion by 2017 from $40.4 Billion in 2012

Research and Markets (http://www.researchandmarkets.com/research/fng2cx/healthcare_it) has announced the addition of the "Healthcare IT Market By Application [Provider IT (EMR, PACS, CPOE, RIS, CDSS, RCM, Claims Management, Payroll), Payer IT (CRM, Fraud Detection)], Delivery Mode (On-Premises, Web-Based Services & Cloud Computing) & Component - Global Forecasts to 2017" report to their offering.

In this report, the market is segmented on the basis of its applications, delivery modes, and components. Based on application, the global healthcare information technology is segmented into provider (clinical information technology and non-clinical information technology) and payer, while the market by delivery mode is further categorized as on-premises, web-premises, and cloud-premises. The healthcare information technology by component comprises of hardware, software, and services.

The major factors driving the growth of the healthcare information technology market across the globe are rise in pressure to cut healthcare cost, growing demand to integrate healthcare systems, high rate of return on investment while using healthcare systems, financial support from the U.S. government, growing medical tourism in the Asian region, government initiatives, rise in aging population, growing demand of CPOE adoption in order to reduce medication errors, and rise in incidences of chronic disorders. However, a few factors restricting the growth of the market are the fragmented nature of the HCIT market, high initial cost of HCIT solutions and high maintenance cost of the HCIT systems. In addition, inconsistent regulatory environment in developed countries such as U.S., U.K., Germany and developing countries such as India, China, and Brazil are major barriers to the growth of the global HCIT market.

Companies Mentioned:

- Agfa Healthcare

- Allscripts Healthcare Solutions, Inc.

- Athenahealth, Inc.

- Carestream Health

- Cerner Corporation

- Eclinicalworks, LIC

- E-MDS, Inc.

- Epic

- GE Healthcare (Division Of General Electric Company)

- Hewlett-Packard

- Mckesson Corporation

- Medical Information System, Inc.

- Novarad Corporation

- Philips Healthcare (Subsidiary Of Royal Philips Electronics)

- Siemens Healthcare (Subsidiary Of Siemens AG)

For more information visit http://www.researchandmarkets.com/research/fng2cx/healthcare_it

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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