India Healthcare IT Market will be driven by Increasing Demand for Advanced Analytical Tools in the Healthcare Sector coupled with Growing Focus on Telemedicine: Ken Research

0


“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 Usersby 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.

India Healthcare IT Market

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: FY2013-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:-

India Healthcare IT Market

Related Reports:-

Singapore Healthcare Market Forecast To 2022 – By Type Of Clinics (Medical And Dental), By Hospitals (Private, Public And Not-For-Profit), By Prescription And Otc Drugs, By Type Of Medical Devices (Consumables, Diagnostic Imaging, Patient Aids, Orthopedics

India Home Healthcare Market Outlook To 2023 – By Patient Profile (Elderly Care, Physiotherapy, Stroke Rehabilitation, Wound Care And Others); By Organized (Subscription And Non Recurring Model) And Unorganized, By Major Cities

Indonesia Healthcare Market Outlook To 2022 – By Hospitals, Clinical Laboratories, Pharmaceutical, Pharmacy Chains, Medical Device Segment

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Share.

Comments are closed.