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MarketsandMarkets: Healthcare Information Technology Systems Market to be Worth $53.8 Billion by 2014
Date:1/13/2010

WILMINGTON, Delaware, January 13 /PRNewswire/ -- 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 ( http://www.marketsandmarkets.com/Market-Reports/healthcare-information-techno logy-market%20-136.html) 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.

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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. Clini
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SOURCE MarketsandMarkets
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