US HealthCare Applications Expenditures, 2011-2016

This Excel-based Data-rich Deliverable (DRD) includes market intelligence on Applications expenditures for the Health Care vertical and is part of the Health Care and Applications Market subscriptions. Compass Intelligence defines IT applications as expenditures on server and client-based custom-coded and packaged applications, including productivity, Enterprise Resource Planning and security applications. Health Care includes establishments primarily engaged in furnishing medical, surgical and other health services to persons. The Expert Guide for this deliverable is Stephanie Atkinson.

US Healthcare Application spending is growing at a strong rate. Over the next 5 years, health care application spending is expected to increase at a compound average growth rate (CAGR) of 7.2%, increasing from $18.23 billion in 2012 to $23.7 billion in 2016. This growth will in part be driven by increased adoption of mobile health care solutions, as well as the support of remote health care solutions for the aging population. The need for remote monitoring, diagnostics and remote health care facilities that allow diagnosis and treatment at home have necessitated an increase in spending on social initiatives. Compass Intelligence believes that these applications will be in high demand over the coming years. Government legislations and incentives mean that electronic record keeping and inter-organizational communications will become important within every US healthcare setup.