The Market for India Healthcare IT is expected to grow at CAGR 10.9% from 2017 to 2024
Data Bridge Market Research new Insight’s on “India Healthcare IT Market, is projected to reach USD 8.8 billion by 2024, from USD 3.9 billion in 2016, at a CAGR of 10.9% during the forecast period from 2017 to 2024.”
The market is segmented by Product (Healthcare Provider Solutions (Clinical Solutions, Non-Clinical Solutions), Payer Solutions, HCIT Outsourcing Services), By End User (Providers (Hospitals, ASC’s, Home Healthcare, Diagnostic Centers, Pharmacies), Payers (Private, Public)) – Industry Trends and Forecast to 2024
The actual calculation year for the report in 2016, while the historic data is for 2015 and the forecast period is still 2024.
India Healthcare IT Market: Recent Developments
There is a growing inclination across the globe towards the adoption of healthcare IT technologies due to the increasing need to deliver quality care to patients while curtailing escalating healthcare costs. These robust IT solutions are designed to streamline workflow in healthcare systems, reduce expenses, and facilitate compliance with stringent regulatory guidelines. They offer several benefits such as increased patient safety, better patient care, reduced healthcare costs, and high returns on investment (ROIs) through automated workflows.
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India Healthcare IT Market Categories: Segmentation
The India Healthcare IT market is segmented based on product type, end-user, distribution channel and country.
On the basis of product type the market is segmented into Healthcare Providers Solutions, Payer Solutions, HCIT Outsourcing Services. The Healthcare Provider Solutions is segmented into Clinical Solutions and Non-Clinical Solutions.
Based on end-user the market is segmented into Providers and Payers. The Providers are further segmented into Hospitals, ASC’s, Home Healthcare, Diagnostic Centers, and Pharmacies whereas Payers are segmented into public and private.
India Healthcare IT Market: Company Share Analysis
The market report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. Some of the examples for these strategies are:
Some of the major players operating in the India Healthcare IT market are Carepoint Health, Oracle, AVI-SPL, Inc., Allscripts Healthcare Solutions, Inc., Epic Systems Corporation, Qualcomm Life, Inc., Interfaceware, Inc., Orion Health, Quality Systems, Inc., Cerner Corporation, InterSystems Corporation, Infor, Inc., Orion Health, Summit Healthcare and Siemens,IBM, Bio-Analytical Technologies, Attune Technologies, Mindfiresolutions, Vitalhealthsoftware, Niyati, Napierhealthcare, GEBBS Healthcare Solutions, Ecare India, Antheliohealth, Infinite ,Medusind , Healthfore, Siemens Healthineers , Medsynaptic, Omega Healthcare among other vernacular players.
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Global Digital Health Monitoring Market, latest insights by Data Bridge Market Research says that the market is growing at a CAGR of 38.8% in the forecast period 2017 to 2024, expected to reach USD 254.7 billion by 2024.
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