Analysts expect the global healthcare information systems market to experience a significant bump in value over the next five years, according to an analysis by Stratistics MRC.
Here are six trends:
1. The global healthcare information systems market accounted for $40.39 billion in 2015.
2. The market is expected to grow at a compound annual growth rate of 8.2 percent through 2022.
3. The market's value is predicted to reach $70.36 billion by 2022.
4. Rising number of government initiatives, increasing healthcare costs and the aging population are some factors driving the market growth.
5. A lack of experienced professionals will hinder market growth.
6. North America and Europe are dominating the global market.