Docstoc

Aarkstore Market Research - North American Healthcare IT Market_ By Application_ Delivery Mode _On-Premises_ Web-Based Services _ Cloud Computing_ _ Component - Forecasts to 2017

Document Sample
Aarkstore Market Research - North American Healthcare IT Market_ By Application_ Delivery Mode _On-Premises_ Web-Based Services _ Cloud Computing_ _ Component - Forecasts to 2017 Powered By Docstoc
					    North American Healthcare IT Market, By Application,
   Delivery Mode (On-Premises, Web-Based Services & Cloud
          Computing) & Component - Forecasts to 2017
Aarkstore Enterprise (India), 12th October, 2013 : Healthcare information technology
(HCIT) has emerged as promising development to transform the paper-based healthcare
system into a digitized one. HCIT also gives clinicians real-time access to patient data, and
provides them with support to make the best possible decisions. It streamlines processes
and reduces administrative overhead. The impact of IT on healthcare in the past decade has
been modest, despite the huge potential.

In this report, the market is segmented on the basis of its applications, delivery modes, and
components. Based on application, the North American healthcare information technology is
segmented into provider (clinical information technology and non-clinical information
technology) and payer, while the market by delivery mode is further categorized as on-
premises, web-based, and cloud-based. The healthcare information technology by
component comprises of hardware, software, and services. The North American HCIT
market is forecast to grow at a CAGR of 7.4% to reach $31.3 billion by 2017 from $21.9
billion in 2012 due to the increasing demand for clinical information technology, and
administrative solutions and services.

Major factors driving the growth of the healthcare information technology market are rise in
pressure to cut healthcare costs, growing demand to integrate healthcare systems, high
rate of return on investment, financial support from the U.S. government, government
initiatives (e-health, health connect, pay-for-performance (P4P) program, e-Health Ontario
and Alberta Netcare), rise in aging population, growing demand for CPOE adoption in order
to reduce medication errors, and rise in incidences of chronic disorders.

However, major constraints to the growth of the healthcare IT system are high cost of
healthcare IT solutions, high maintenance and service costs, interoperability issues,
shortage of healthcare IT professionals, poor standard healthcare protocols such as Health
Insurance Portability and Accountability Act (HIPAA), and unprecedented growing incidences
of data breaches of patient information.

Canada is expected to register the highest CAGR of 7.7% (2012 to 2017) respectively in the
overall North America healthcare information technology market, followed by U.S (7.2%).
However, U.S. accounted for the highest share - 72.6% - of the North America Healthcare
IT market and is expected to reach $22.6 billion in by 2017 as compared to $15.9 billion in
2012. The factors likely to propel the Canadian market are its public funded health
structure, prominent role played by Canada Health Infoway, growing pressure to cut
healthcare costs, and rise in incidences of chronic diseases.

The key players in the market are Cerner Corporation (U.S.), Epic (U.S.)., Carestream
Health, Inc. (U.S.), McKesson Corporation (U.S.), Athenahealth, Inc. (U.S.), Siemens
Healthcare (Germany), Medical Information System, Inc. (U.S.), Allscripts Healthcare
Solutions, Inc. (U.S.), GE Healthcare (U.K.), NextGen Healthcare Information System, LLC
(U.S.), Novarad Corporation (U.S.), Philips Healthcare (The Netherlands),and Hewlett-
Packard (U.S.)
Scope of the Report

The research report categorizes the North America healthcare information technology
market by delivery mode, by components, and application.These markets are further broken
down into segments and sub-segments.

North America Healthcare Information Technology Market, by Application:

North America Provider Healthcare Information Technology Market

Clinical Information System
Hospital Information System
Electronic Medical Records
Picture Archiving and Communication System
Radiology Information System
Computerized Physician Order Entry
Cardiovascular Information and Imaging System
Clinical Decision Support System
Laboratory Information system
Pharmacy Information System
Others
Non-Clinical Information System
Payroll
Account Payable
Automatic Patient Billing
Claim Management
Revenue Cycle Management
Cost Accounting
Others

Other Important Reports:

Smart Homes Market - by Products , Services (Installation & Repair, Renovation &
Customization) and Geography - Analysis & Global Forecast (2013 - 2020)

Biomarkers Market - Discovery Technologies - Proteomics, Genomics, Imaging,
Bioinformatics - Global Trends & Forecasts (2013 – 2018)

For More details please contact:


Aarkstore Market Research Pvt. Ltd.


Email: contact@aarkstore.com | customersupport@aarkstore.com
OfficePhone : (+91) 9699492267
TelefaxNo:(+91)2224169996
24/7 Online Support: (+91) 8149852585
http://www.aarkstore.com/

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:0
posted:10/15/2013
language:Latin
pages:3