Healthcare IT Market in India 2015-2019
About Healthcare IT Market
Healthcare IT refers to the use of IT services, products, software, and solutions by healthcare organizations to integrate and streamline various processes. In healthcare, IT is used to develop a secure environment and maintain a uniform flow of information. It improves the quality and efficiency of the services delivered and helps in reducing errors in the Healthcare industry. The rising number of healthcare institutions and the emerging need to modernize the same is contributing to the growth of healthcare IT.
TechNavio's analysts forecast the Healthcare IT market in India to grow at a CAGR of 14.02 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Healthcare IT market in India for the period 2015-2019. The Healthcare IT market is categorized into three segments: Hardware, Software, and IT Services.
TechNavio's report, Healthcare IT Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also covers the profile of key vendors along with several other prominent vendors operating in this space.
TechNavio Announces the Publication of its Research Report – Healthcare IT Market in India 2015-2019
TechNavio recognizes the following companies as the key players in the Healthcare IT Market in India: Dell Inc., HCL Technologies Ltd., Hewlett-Packard (HP) Co., TCS and Wipro Ltd.
Other Prominent Vendors in the market are: 21st Century Informatics, Accenture, Akhil Systems, Blackberry, CareFusion, Cerner, CGEY, C Marc, Cognizant, CSC, Emdeon, FCG, GE Healthcare, Google, IBM, Infosys, Intel, iSoft, Kaiser Permanente, Keane, Microsoft, Misys, Napier Healthcare, Perot Systems, Philips Healthcare, Qualcomm, Religare Technova, Shivam Medisoft, Siemens, Tech Mahindra and UnitedHealth Group.
Commenting on the report, an analyst from TechNavio’s team said: “The demand for advanced analytics tools is one of the key trends in the market. These tools are a significant part of healthcare data analytics solutions, which help healthcare professionals or organizations gain insights from medical records of patients collected from various sources.”
According to the report, healthcare providers and institutions are increasingly adopting corporate culture, which is fueling demand for IT solutions in the Healthcare industry. Profits are evidently becoming a priority for several hospitals based out of urban India.
Further, the report states that high costs of IT adoption are a main concern in India. Healthcare costs are expected to increase rapidly. The initial investment required for installing IT systems is high and continues to increase; however, revenue does not increase proportionally. Varied healthcare practices make it difficult for physicians to invest in installing and maintaining IT systems.
Dell , HCL , HP , TCS , Wipro , 21st Century Informatics, Accenture, Akhil Systems, Blackberry, C Marc, CareFusion, Cerner, CGEY, Cognizant, CSC, Emdeon, FCG, GE Healthcare, Google, IBM, Infosys, Inte, Isof, Kaiser Permanente, Keane, Microsoft, Misys,Napier Healthcare, Perot Systems, Philips, Qualcomm, Religare Technova, Shivam Medisoft, Siemens, Tech Mahindra, United Healthcare Group
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