Global Healthcare Information Technology (2009 - 2014) Aarkstore Enterprise

The healthcare information technology report forecasts the size of global healthcare information technology market over the period 2009 – 2014. The report analyses the key trends of the market, and segments the global healthcare information technology market by components and into various geographic regions (with the market size of each of these regions). Further, it discusses the key market drivers, restraints and opportunities of the global healthcare information technology market.

The healthcare information technology market is estimated to be $53.8 billion by 2014, growing at a CAGR of 16.1%. The market is expected to grow because of the tremendous demand for general applications which includes electronic medical records, electronic health records, computerized physician order entry system and non clinical systems. It is expected that the market for general applications will grow at an overall CAGR of 13.0% from 2009 – 2014. The main driving element for global healthcare information technology market is the changing government regulations and government initiatives to bring down the healthcare costs.

Information technology offers solutions for almost all the segments covered under healthcare systems. Clinical trails management system, clinical decision support systems and data mining systems cater to the need of clinicians. Hospital information systems, e-prescribing systems, ambulatory care management systems and patient management system find wide applications in hospitals. Applications like EMR, E HR, CPOE and physician practice management systems are used by both clinicians and larger healthcare providers to offer improved patient care. Imaging applications like PACS and RIS are used to manage images or patient scans. The inclusion of RIS and PACS in healthcare has helped in improving the workflow in hospitals. Increasing number of patients visiting hospitals and physicians has increased the demand of information technology applications in healthcare sector.
Healthcare IT Market Report

The report segments the Healthcare IT Market based on:

• HCIT Product Market
• HCIT Application Market
• HCIT Services Market

While existing reports have attempted to study end-user attitudes and demographics, they do not provide a complete picture from the industry’s perspective. This MarketsandMarkets report on “Global Healthcare IT Market” analyzes the market dynamics exclusively from the industry point of view. The report aims at providing a two-dimensional picture of the market by focusing on all aspects of the HC-IT market as well as the healthcare IT applications market reporting the key trends, which are further analyzed at the micro market levels. The report also includes segments for HCIT Product Market, HCIT Application Market, HCIT Services Market.
Each segment of the report will provide market tables, drivers, restraints and opportunities along with the key players and competitive landscape. This report will also provide more than 100 market tables for various geographic regions covering the sub-segments and micro-markets. In addition, the report provides 50 company profiles for each of its sub-segments, such as dental chair manufacturers, implants manufacturers, other devices manufacturers etc.

THE REPORT ANSWERS THE FOLLOWING QUESTIONS

• What are the key market dynamics influencing the market trends?
• Who are the target audience driving the market growth in each of the micro-market?
• Where are key opportunities available to the market players to capitalize on?
• What are the competitive strategies increasingly adopted to combat competition?

What makes our report unique?
• Provision of longest market segmentation in the industry.
• The report provides analysis of patents and more than 45 company profiles giving a competitive outlook.
• The report includes market data for segments such as tools, services and applications for the major geographies – U.S., Europe, Asian and ROW.
• The high level analysis provided by the report analyzes the market prospective for different major market segments along with the identification of opportunities.
• Provided competitive analysis stating the major segments focused by the global market players and the key developments – equipments, devices and technology.

Key questions answered
• Which are the high growth markets segments in terms of devices and consumables?
• What are the market forecasts and estimates from the period 2009-14?
• What are the major drivers and opportunities in the market?
• What is the competitive outlook, what are the major tools and services, who are the major players in the market segments?



Table of Contents :

TABLE OF CONTENTS

EXECUTIVE SUMMARY
Market overview
Global healthcare information technology market
trends
Opportunities
Global healthcare IT applications market trends
Opportunities
Global healthcare IT services market trends
Opportunities
Global healthcare IT product market trends
Competitive landscape
Geographic analysis

1 INTRODUCTION
1.1 Key take-aways
1.2 Report description
1.3 Stakeholders

2 MARKET OVERVIEW
2.1 Need for more integrated IT solutions
2.2 Healthcare information technology market structure
2.2.1 Healthcare industry participants
2.3 Framing the healthcare IT system
2.4 Healthcare IT market trends
2.5 Opportunities for healthcare IT applications market
2.6 Emr will continue to lead application market
2.7 Changing trends in healthcare IT systems market
2.8 The North American market in a leading position
2.9 Hospital information systems market attracting vendors
2.10 Highly fragmented healthcare information technology market

3 SUMMARY

4 HEALTHCARE IT MARKET DYNAMICS
4.1 Drivers
4.1.1 Information technology helps reduce healthcare costs
4.1.2 Growing need to integrate healthcare system
4.1.3 High ROI has increased demand for IT solutions
4.1.4 Improved quality of care & clinical outcomes
4.1.5 Growing federal expenditure on healthcare
4.1.6 Healthcare players are still investing in growth
4.1.7 Entry of healthcare equipment manufacturers
4.2 Restraints
4.2.1 Fragmented end-user market restricts implementation of standard solutions
4.2.2 High costs of healthcare IT solutions
4.2.3 High maintenance and service expenses
4.2.4 Low investment in healthcare IT solutions
4.2.5 Interoperability issues & economic recession
4.2.6 Inconsistent regulatory environment
4.3 Opportunities
4.3.1 Shifting focus towards patient-centric systems
4.3.2 Manpower shortage expected in healthcare industry
4.3.3 IT-enabled solutions for physicians
4.3.4 Opportunities in emerging Asian market

5 HEALTHCARE IT APPLICATIONS MARKET
5.1 Market overview
5.1.1 Drivers & restraints
5.1.1.1 Increasing use of online patient records
5.1.1.2 High license fees attracts new players
5.1.1.3 Growing trend towards standardization
5.1.1.4 Reduced application costs & higher long-term profits
5.1.1.5 Lack of demonstrable ROI & low awareness
5.2 General applications
5.2.1 Electronic medical record systems
5.2.1.1 Drivers & restraints
5.2.2 Global physician practice management system
5.2.3 Electronic health record
5.2.1.1 Key industry participants
5.2.3.2 End-user profile
5.2.3.3 Industry insights
5.2.4 Computerized physician order entry (CPOE)
5.2.4.1. Drivers & restraints
5.2.4.1.1 Lowers medication errors
5.2.4.1.2 Improves overall system efficiency and communication
5.2.4.1.3 Low adoption rate
5.2.5 Administrative/non-clinical systems
5.2.5.1. Drivers & restraints
5.2.5.1.1 Reduced rework improves administrative efficiency
5.2.5.1.2 Improved revenue cycle management
5.2.5.1.3 Improved relation with payers & patients
5.3 Hospital application market
5.3.1 Hospital information systems (HIS)
5.3.1.1 Drivers
5.3.1.2 Restraints
5.3.2 Patient management and scheduling
5.3.3 Electronic prescribing system
5.3.3.1. Drivers & restraints
5.3.4 Ambulatory care management systems
5.4 Laboratory information systems (LIS)
5.5 Clinical information system
5.5.1 Clinical decision support systems
5.5.2 Clinical trials management systems (CTMS)
5.5.2.1 Drivers
5.5.2.1.1 Ensure safety of patients
5.5.2.1.2 Mitigating costs and offers competitive advantage
5.5.2.1.3 Improves clinical research associate productivity
5.5.3 Data mining market
5.6 Other applications
5.6.1 PHR (Personal Healthcare Records)
5.6.1.1 Drivers
5.6.1.1.1 Availability of online health records boosting the demand
5.5.2.1.2 Alternative ways of earning revenues for IT providers
5.5.2.1.3 Increasing adoption among healthcare providers
5.6.1.2 Restraints & Opportunities
5.6.1.2.1 Security and privacy issues hindering market growth
5.6.1.2.2 High market entry arriers
5.6.1.2.3 Interoperability issues between PHR’s and EHR’s
5.6.2 Remote Patient Monitoring (RPM)
5.6.2.1 Drivers
5.6.2.1.1 Reduces cost & improves quality of patient care
5.6.2.1.2 Increasing incidence of chronic disease
5.6.2.1.3 Patient-friendly systems
5.6.2.2 Restraints & Opportunities
5.6.2.2.1 Lack of reimbursements for RPM
5.6.3 RFID in healthcare IT
5.6.3.1 Drivers
5.6.3.1.1 Increasing adoption of RFID devices
5.6.3.1.2 RFID adoption to minimize costs
5.6.3.1.3 Upcoming technology widening the scope of RFID applications
5.6.3.2 Restraints & Opportunities
5.6.3.2.1 Highly regulated healthcare industry inhibits
5.6.3.2.2 Availability of alternate, low-cost technologies
5.6.3.2.3 RFID can address unmet needs of healthcare providers
5.6.4 RTLS (real time location systems)
5.6.4.1. Drivers & restraints
5.6.4.1.1 Improved process flow
5.6.4.1.2 Wi-Fi enabled tags leverage existing systems
5.6.4.1.3 Availability of other low-cost technologies
5.6.5 Barcoding
5.6.6 Speech recognition
5.7 Imaging system
5.7.1 Drivers
5.7.1.1 Need for greater automation
5.7.1.2 Helps improve accuracy of diagnosis
5.7.1.3 Growing demand for transparency
5.7.2 Radiology information system
5.7.2.1 Drivers
5.7.1.2.1 Introduction of new technologies complementing RIS
5.7.1.2.2 RIS offers a wide range of functions
5.7.2.2 Restraints & Opportunities
5.7.2.2.1 Integrat

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