6 Recent Estimates of Health IT Market Growth

Here are six recent reports that estimated health IT market growth in coming years, listed in descending chronological order.

1. A report by visiongain has estimated the global market for interventional cardiology devices to be worth $25.5 billion by 2021.

2. A report by InMedica found the global market for telehealth is on course to top $1 billion by 2016 and could reach $6 billion in 2020.

3. The global mobile health applications market is expected to grow at a compound annual growth rate of 24 percent from 2010-2014, according to research by Technavio.

4. The research and consulting firm MarketsandMarkets predicts the global healthcare IT market will reach $162.2 billion in 2015, a 10.2 percent compound annual growth rate from the 2010 value of $99.6 billion.

5. The global telemedicine market is expected to grow at a compound annual growth rate of 19 percent from 2010-2015, according to a Bharat Book Bureau research report.

6. In-Stat estimates healthcare and social services will spend $518 million on infrastructure as a service in 2015. In-Stat also estimates healthcare public cloud computing spending will top $1 billion in 2013.


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