“Rising elderly
population coupled with surge in number of retail pharmacy outlets has driven
the Healthcare IT market in India”
The report “India
Healthcare IT Market Outlook to 2023 - By Hospital, Pharmacy, Medical Imaging
and Laboratory Information Management Systems and by Delivery Mode (On Premise,
Hosted and Cloud Mode), By Component and By End Users” by Ken
Research
suggested that the Healthcare IT market in India
has been growing due to rising pharmacy retail outlets in the country,
increasing per capita public expenditure on health and surge in the number of
elderly population. The market is expected to register a positive CAGR of 11.1%
in terms of revenue during the forecast period FY’2018-FY’2023E.
Increasing Demand
for Advanced Analytical Tools: Technology
involves utilization and knowledge of tools, machines, techniques, systems to
solve problems or perform a specific function. The usage of information
technology has spread through numerous sectors over the years, including the
healthcare sector. With medical breakthroughs, rapid medical innovations,
healthcare organizations have been focusing on enhanced quality of healthcare. The
branch of analysis focuses on offering insights into hospital management,
patient records, costs, diagnoses, and more. The field covers a broad swath of
the healthcare industry, offering insights on both the macro and micro level Information
technology (IT) operations form a vital part of most of the organizational
operations in the present day.
Implementation
of Healthcare IT in Various departments: The growing
awareness of significance of IT in healthcare sector has been instrumental in
improving the efficiency of services offered at the hospitals along with saving
time, effort and money considerably in the long run. Maintaining quality of the
healthcare services offered by the organizations along with being cost
effective due to rising competition have become a key concern for the
healthcare providers in India. IT has been implemented in various departments
of hospitals, ranging from billing and finance to administration and even
patient care, thus simplifying the operations to a degree.
Increase
in Medical Tourism: The medical tourists’ arrivals are observed to
increase in the country. Low cost of diagnostic and treatment procedures in the
country compared to western nations including the USA and the European
countries is the major factor which has resulted in increased number of medical
tourists in India. Rise in number of medical tourists also increased the
medical tourism market and subsequently diagnostic procedures performed for
proper treatment and surgeries augmenting the overall diagnostic laboratories
market. Rising demand for clinical data technology and administrative solutions
has driven the healthcare IT market across the globe over the years.
Key Segments Covered:-
HIMS:-
By Delivery Mode
On
Premise
Hosted
and Cloud
By Component
Software
and Services
Hardware
By End Users
Private Hospitals
Government Hospitals
Clinics
PIS:-
By Delivery Mode
On
Premise
Hosted
and Cloud
By Component
Software
Services
By End Users
Popular
Chain Brand
Standalone
LIMS:-
By Delivery Mode
On
Premise
Hosted
and Cloud
By Component
Software
Services
By End Users
Chain
Labs/Multispecialty Labs
Standalone
Labs
MIIS:-
By Type
PACS
Radiology
Information System
Monitoring
Analysis Software
Key Target Audience:-
Healthcare
IT Companies
Hospitals
Clinics
Pharmacies
Path Labs
Private
Equity Firms
Government
Associations
Investors
Time Period Captured in the Report:-
Historical Period: FY’2013-FY’2018
Forecast Period: FY’2019-FY’2023E
Companies Covered:-
HIMS
Cerner Corporation
Allscripts Healthcare Solutions
Athenahealth
Innovative Medisoft / MED-E-NOVA
Birlamedisoft Pvt. Ltd.
GTI Infotel
MIS
Wipro
Fujifilm
Siemens Healthenieers
SRIT (Shobha Renaissance IT Limited)
Shrishti Software
Telerad Tech
PIS:-
Mckesson Corporation
Logic Pharma Reatail
Go Frugal Pharmacy Software
LIMS:-
Thermo Fisher Scientific
LabWare
LabVantage Solutions
NextGen Healthcare IT Solutions
Caliber LIMS
Vanuston (Medeil)
Abbott Informatics/ Star LIMS
Keywords:-
India
Healthcare IT Market
India
Healthcare Market
HIMS
Healthcare Market
PIS
Healthcare Market
LIMS
Healthcare Market
MIIS
Healthcare Market
Technologies MIIS Market
Future Technologies HIMS India
Wipro Healthcare IT Market
Medicine Management Apps
India Healthcare Industry
Number of Pharmacies in India
Healthcare IT Market In India
Healthcare Software in India
India Healthcare Services
India Upcoming Technologies Healthcare IT
For more information,
refer to below link:-
Related Reports:-
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249