Healthcare IT Market Size, Share, Emerging Trends, Analysis and Forecasts to 2025
Verfasser: ConvergedMarkets on Wednesday, 12 September 2018The healthcare IT market was valued at USD 106.47 billion in 2017, and is projected to grow at a CAGR of over 18.68% from 2018 to 2025. The major key drivers for the growth of healthcare IT market are increase in chronic diseases, need for integrated healthcare services and solutions, healthcare tourism, and rapid development of healthcare infrastructure.
Healthcare IT Market is driven by advancements in technology
The healthcare IT market experiences significant growth due to the rise in its demand from healthcare providers. Development in healthcare IT is driven by advancements in technology, which has fueled the demand for healthcare IT solutions such as, provider and payer, and outsourcing services. The availability of standardized and specialized equipment in the sector aims to improve industry participation and increase demand. The advancements in technology supported the need for better healthcare solutions; thus, the healthcare IT emerged as a solution to the related problems.