Grand View Research, Inc: Global Healthcare IT Market to Reach USD 103.0 Billion by 2020
The global market for healthcare IT is expected to reach USD 103.0 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for point of care diagnostics, home healthcare and the growing global base of geriatric population are two of the most significant drivers of this market operating at a macro-environmental level. Moreover, improvement in the market penetration rates of internet witnessed over the last decade (2000 to 2010) has created a strong platform for an expedited implementation of healthcare IT across the globe. Some of the other drivers of this market include increasing prevalence of chronic diseases such as asthma, diabetes and cardiovascular diseases and the presence of high unmet medical needs in Asia Pacific and Latin American countries coupled with constantly improving healthcare and information technology infrastructures. The implementation of healthcare reforms such as the 12th Five Year Plan in China and the consequent introduction of private healthcare establishments in this country will also fuel the future growth of this market. The overall healthcare IT market was dominated by the telemedicine and telehealth market in terms of revenue share in 2012. Its market share was calculated at approximately 39.0% in 2012. The changing patient preferences in terms of avoiding or reducing hospital stays, growing demand for home healthcare and the introduction of SIP (session initiation protocol) and TEEVE (Tele-immersive environment for everybody) are some of the factors accounting for its high market share. View summary of this report analysis/healthcare-it-market
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Table of Contents Chapter 1. Executive Summary 1.1. Healthcare IT - Industry Summary and Critical Success Factors (CSFs) Chapter 2. Healthcare IT Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects 2.3. Healthcare IT Market Dynamics 2.4. Key Opportunities Prioritized 2.5. Industry Analysis - Porter's 2.6. Healthcare IT - Company Market Share Analysis 2.7. Healthcare IT Market PESTEL Analysis, 2012 Chapter 3. Healthcare IT Segment Outlook 3.1. Electronic Health Records 3.2. Computerized Provider Order Entry Systems 3.3. Electronic Prescribing Systems 3.4. PACS 3.5. Lab Information Systems 3.6. Clinical Information Systems 3.7. Telemedicine And Telehealth 3.8. Others
Chapter 4. Healthcare IT Regional Outlook 4.1. North America 4.2. Europe 4.3. Asia-Pacific 4.4. RoW Chapter 5. Healthcare IT - Competitive landscape 5.1.
Agfa Gevaert NV
5.1.1.
Company Overview
5.1.2.
Financial Performance
5.1.3.
Product Benchmarking
5.1.4.
Strategic Initiatives
5.2.
Allscripts Healthcare Solutions, Inc.
5.2.1.
Company Overview
5.2.2.
Financial Performance
5.2.3.
Product Benchmarking
5.2.4.
Strategic Initiatives
5.3.
Novarad Corporation
5.3.1.
Company Overview
5.3.2.
Financial Performance
5.3.3.
Product Benchmarking
5.3.4. 5.4.
Strategic Initiatives
Carestream Health
5.4.1.
Company Overview
5.4.2.
Financial Performance
5.4.3.
Product Benchmarking
5.4.4.
Strategic Initiatives
5.5.
eClinicalworks
5.5.1.
Company Overview
5.5.2.
Financial Performance
5.5.3.
Product Benchmarking
5.5.4.
Strategic Initiatives
5.6.
Mckesson Corporation
5.6.1.
Company Overview
5.6.2.
Financial Performance
5.6.3.
Product Benchmarking
5.6.4.
Strategic Initiatives
5.7.
Philips Healthcare
5.7.1.
Company Overview
5.7.2.
Financial Performance
5.7.3.
Product Benchmarking
5.7.4. 5.8.
Strategic Initiatives
GE Healthcare
5.8.1.
Company Overview
5.8.2.
Financial Performance
5.8.3.
Product Benchmarking
5.8.4.
Strategic Initiatives
5.9.
Hewlett-Packard
5.9.1.
Company Overview
5.9.2.
Financial Performance
5.9.3.
Product Benchmarking
5.9.4.
Strategic Initiatives
5.10.
E-MDS Inc.
5.10.1.
Company Overview
5.10.2.
Financial Performance
5.10.3.
Product Benchmarking
5.10.4.
Strategic Initiatives
5.11.
Athenahealth Inc.
5.11.1.
Company Overview
5.11.2.
Financial Performance
5.11.3.
Product Benchmarking
5.11.4.
Strategic Initiatives
Chapter 6. Methodology and Scope 6.1. Research Methodology 6.2. Research Scope & Assumption 6.3. List of Data Sources
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List of Tables Healthcare IT – Industry Summary & Critical Success Factors (CSFs) Global Healthcare IT Revenue, 2012 - 2020 Global Healthcare IT Market Revenue by Region, (USD million), 2012 - 2020 Global Healthcare IT Market Revenue by Applications, (USD million), 2012 - 2020 Global Healthcare IT demand, by electronic health records 2012 to 2020 (USD million) Global Healthcare IT electronic health records demand, by region, 2012 to 2020 (USD million) 7. Global Healthcare IT demand, by computerized provider order entry systems, 2012 to 2020 (USD million) 8. Global Healthcare IT computerized provider order entry systems demand, by region, 2012 to 2020 (USD million) 9. Global Healthcare IT demand, by electronic prescribing systems, 2012 to 2020 (USD million) 10. Global Healthcare IT electronic prescribing systems demand, by region, 2012 to 2020 (USD million) 11. Global Healthcare IT demand, by PACS, 2012 to 2020 (USD million) 12. Global Healthcare IT PACS demand, by region, 2012 to 2020 (USD million) 13. Global Healthcare IT demand, by lab information systems, 2012 to 2020 (USD million) 14. Global Healthcare IT lab information systems demand, by region, 2012 to 2020 (USD million) 1. 2. 3. 4. 5. 6.
15. Global Healthcare IT demand, by clinical information systems, 2012 to 2020 (USD million) 16. Global Healthcare IT clinical information systems demand, by region, 2012 to 2020 (USD million) 17. Global Healthcare IT demand, by telemedicine and telehealth, 2012 to 2020 (USD million) 18. Global Healthcare IT telemedicine and telehealthdemand, by region, 2012 to 2020 (USD million) 19. North America Healthcare IT demand, by applications, (USD million), 2012 - 2020 20. Europe Healthcare IT demand, by applications, (USD million), 2012 - 2020 21. Asia Pacific Healthcare IT demand, by applications, (USD million), 2012 - 2020 22. RoW Healthcare IT demand, by applications, (USD million), 2012 - 2020 23. Global Healthcare IT Market - Competitive Landscape
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List of Figures 1. Healthcare IT Market Segmentation 2. Global Healthcare IT Market Revenue, 2012 - 2020 3. Healthcare IT Market Dynamics 4. Global population base over the age group of 60 years, 2010 and 2017 (million) 5. Global diabetes prevalence, 2010 and 2017 (million) 6. Healthcare IT Company Market Share Analysis, 2012 7. Key Opportunities Prioritized 8. Industry Analysis - Porter's 9. Healthcare IT PESTEL Analysis, 2012 10. Global Healthcare IT revenue, by applications, 2012 & 2020 11. Global electronic health records demand, by region, 2012 to 2020 (USD million) 12. Global computerized provider order entry systems demand, by region, 2012 to 2020 (USD million) 13. Global electronic prescribing systems demand, by region, 2012 to 2020 (USD million) 14. Global PACS demand, by region, 2012 to 2020 (USD million) 15. Global lab information systems demand, by region, 2012 to 2020 (USD million) 16. Global clinical information systems demand, by region, 2012 to 2020 (USD million) 17. Global telemedicine and telehealthdemand, by region, 2012 to 2020 (USD million)
18. Global other applications demand, by region, 2012 to 2020 (USD million) 19. Healthcare IT market - company market share analysis, 2012 (%) 20. North America healthcare IT demand, by applications, 2012 to 2020 (USD million) 21. Europe healthcare IT demand, by applications, 2012 to 2020 (USD million) 22. Asia Pacific healthcare IT demand, by applications, 2012 to 2020 (USD million) 23. RoW healthcare IT demand, by applications, 2012 to 2020 (USD million)
Further key findings from the study suggest:
The global electronic prescribing systems market is expected to grow at a CAGR of 24.8% from 2014 to 2020 to reach an estimated value of USD 1.24 billion by 2020.
North America dominated the overall market in 2012 with a revenue share of over 50.0%. The presence of sophisticated healthcare infrastructure, high patient awareness levels and healthcare expenditures are some of the major drivers of this market.
Asia Pacific is expected to be the fastest growing regional market over the next six years. Its market is expected to reach USD 16.4 billion in 2020, growing at a CAGR of 17.0% from 2014 to 2020.
The global point of care diagnostics market is dominated by key players such as Agfa Healthcare, Philips Healthcare, Carestream Health, Mckesson Corporation, E-MDS Inc., GE Healthcare, Athenahealth Inc., eClinicalworks, Hewlett-Packard, Carestream Health and others.
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For the purpose of this study, Grand View Research has segmented the global healthcare IT market on the basis of product, end-user and region: Healthcare IT Application Outlook (Market Revenue in USD Million, 2012 – 2020) • Electronic Health Records
• Computerized Provider Order Entry Systems • Electronic Prescribing Systems • PACS • Lab Information Systems • Clinical Information Systems • Telemedicine and Telehealth • Others
Healthcare IT Regional Outlook (Market Revenue in USD Million, 2012 – 2020) • North America • Europe • Asia Pacific • RoW
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About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-theshelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deepseated understanding of varied business environments, Grand View Research provides strategic objective insights.
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