North American Health IT Market to Hit $31.3B by 2017

The North American health IT market will reach $31.3 billion by 2017, according to a report from Research and Markets.

The North American health IT market was valued at $21.9 billion in 2012. The U.S. commanded 72.6 percent of the market in 2012. By 2017, the U.S. share is projected to reach $22.6 billion.

Several major factors are contributing to the growth of the market, including an aging population, government incentives and pressures to increase efficiency within healthcare.

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