World Health IT Market Predicted to Reach $162.2B in 2015

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.

The report, "World Healthcare IT Market: Trends & Forecast (2010 – 2015)" attributes the expected growth to a need to cut healthcare costs, improve hospitals' workflow and efficiencies and federal initiatives. 

The report also shows the predicted CAGR of different segments of HIT for 2010-2015:

- Electronic medical records — 16.7 percent
- Computerized physician order entry — 16.5 percent
- Point of care, specialty care and surgical and intensive care information services — 15.1 percent

Read the MarketsandMarkets report on the forecast for global HIT market growth.

Related Articles on HIT Market Growth:

Global Telemedicine Projected to Grow at Compound Annual Rate of 19%
Healthcare to Spend $518M on Infrastructure as a Service in 2015, In-Stat Estimates

The Second Coming of Healthcare IT


Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars