Healthcare IT (HIT) Market in the APAC Region 2015-2019
About Healthcare IT (HIT)
Healthcare providers are leveraging the usage of IT in their business processes. It has changed the way hospitals and physicians work; from the automation of simple processes in the Healthcare sector to its integration with the entire value chain of the Healthcare sector, HIT has come a long way. This development is focused on the Healthcare sector becoming more patient-centric.
TechNavio's analysts forecast HIT Market in APAC to grow at a CAGR of 16 percent over the period 2014-2019.
Covered in this Report
The HIT Market in APAC is categorized into two segments: Clinical IT and Non-clinical IT. This break-up is done on the basis of advanced nations and developing nations.
TechNavio's report, the Healthcare IT (HIT) Market in the APAC Region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers market landscape of HIT market in APAC and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – HIT Market in the APAC Region 2015-2019
Technavio recognizes the following companies as the key players in the HIT Market in the APAC Region: Accenture plc, athenahealth, Cerner Corp., Fujitsu Ltd., GE Healthcare, IBM Corp. and Philips Healthcare
Other Prominent Vendors in the market are: Agfa HealthCare, Akhil Systems, Ashva Digital Healthcare, Carestream Health, CSI Healthcare IT, Dell, Fujifilm, Hangzhou B-Soft, Hitachi, Huawei, InterSystems, Microsoft, Meddiff Technologies, Medsynaptic, Neusoft, Orion Health, Shanghai Kingstar Winning Medical Information Tech., SPK Technologies, TCS, VMware and Wipro
Commenting on the report, an analyst from Technavio’s team said: “Telemedicine is one of the key areas gaining popularity in the APAC region. With the increased use of technology, activities such as physical examination, psychiatric evaluation, and assessments can be done at lower costs, thus providing improved patient experience, standardized quality, and maximum accessibility to a large number of patients.”
According to the report, various government initiatives in the region such as digitization of the Healthcare industry are driving the adoption of IT in the sector. Digitization of the Healthcare sector helps in reducing costs and improving the quality of service, which should increase HIT-related investments in the region.
Further, the report states that the increased cost of IT adoption in the Healthcare sector is inhibiting the growth of the market. Most healthcare providers are trying to maintain or reduce the current rate of medical expenses. With an increase in the total healthcare costs, there is a pressure on healthcare providers to control costs in areas such as IT.
Accenture plc, Athenahealth, Cerner Corp, Fujitsu Ltd., GE Healthcare, IBM Corp., Philips Healthcare, Agfa HealthCare, Akhil Systems, Ashva Digital Healthcare, Carestream Health , CSI Healthcare IT, Dell, Fujifilm, Hangzhou B-soft, Hitachi,Huawei, Intersystem, Kestral, Meddiff Technologies, Medsynaptic , Microsoft, NEC, Neusoft, Orion Health, Shanghai Kingstar Winning Medical Information Tech., SPK Technologies, TCS, VMWare, Wipro