India Healthcare IT Market Is Poised To Grow At 10.9% From 2017 To 2024

Posted August 30, 2018 by pankajukey1

India Healthcare IT Market Industry Trends and Forecast to 2024”, 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.

India Healthcare IT Market,
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”, 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 new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition: India Healthcare IT Market
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.
Market Segmentation: India Healthcare IT Market
• The India Healthcare IT Market is segmented on the basis of product type, end-user, and geography.
• On the basis of product type the market is segmented into Healthcare Provider Solutions, Payer Solutions, and HCIT Outsourcing Services. Healthcare Provider Solutions are further segmented into clinical solutions and non-clinical solutions.
• Based on end-user the market is segmented into payers and providers. Providers include hospitals, ambulatory surgical centers, diagnostic centers, home healthcare and others. Payers include private and public healthcare reimbursement and insurance agencies.
• Hospitals are expected to dominate the market for healthcare IT solutions market.
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Competitive Landscape: India Healthcare IT Market
Some of the major players operating in this 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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Last Updated August 30, 2018