Commercial Alert: Big Bucks in Health IT!

Exciting news for those in Health IT arrived a day or so ago!

Global market for hospital IT systems pegged at $35B by 2015

February 19, 2009 | Bernie Monegain, Editor

JOSE, CA – The global hospital information systems market will climb past $35 billion by 2015, according to a new forecast by Global Industry Analysts. The United States represents the largest market in the world.

The U.S. hospital information system market is experiencing an increase in acceptance of customized technology such as laboratory information systems and radiology information systems, the report notes. The market is also a promising ground for electronic medical record systems.

The Asia-Pacific region (excluding Japan) represents the fastest growing hospital information systems market, exhibiting a compounded annual growth rate of 11.5 percent over the next few years, according to analysts. Despite being a smaller market in terms of revenue, the Asia-Pacific promises excellent growth opportunities for hospital information systems, they said.

More details are here:

http://www.healthcareitnews.com/news/global-market-hospital-it-systems-pegged-35b-2015

The full release is here:

Global Hospital Information Systems Market to Cross $35 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

Increasing awareness among medical service patrons on the benefits of using Information Technology in the healthcare sector, coupled with growing demand for affordable-yet quality healthcare services is forcing hospitals and other medical centers to adopt IT in their daily operations. Subsequently, Healthcare IT systems such as the Hospital Information Systems witnessed a great demand in the healthcare services sector. Adoption of HIS in hospitals is increasingly being encouraged and promoted by the Governments world over.

http://www.prweb.com/releases/2009/02/prweb2021984.htm

Looks to be a must read report for those in the Health IT game – or planning to be!

I would love a browse of the Australian section but the price sort of exceeds my curiosity!

David.