Press release
India Healthcare IT Market Soaring Demand Assures Motivated Revenue Share by 2025| Allscripts Healthcare Solutions, Carepoint Health,Orion Health,Epic Systems Corporation,Ecare India & Others
India Healthcare IT Market, By Products & Services (HCIT Outsourcing Services, Healthcare Provider Solutions, Healthcare Payer Solutions), End User (Providers, Payers)-Industry Trends and Forecast to 2025The exclusive research report on the India healthcare IT 2020-2025 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market.India healthcare IT Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.
India healthcare IT market is expected to reach at a CAGR of 23.9% in the forecast period of 2018 to 2025.
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Below are few initiatives taken by government in HCIT sector:
According to the National Health Portal, gateway of authentic health information some of the e-Health initiatives have been taken by Indian government such as NHP Indradhanush-Immunization, NHP Swasth Bharat, India Fights Dengue, E-RaktKosh initiative and ANM Online application- "ANMOL". This National Health Portal, India aims to provide healthcare related information to the citizens of India and it will serve as a single point of access for combined health information. Mainly women and children have been focused in these initiatives.
The government of India, Ministry of Health and Family Welfare (MoHFW) has started e-Gov initiatives in the health care sectors in India. It named it as eHealth division. The e-Health broadly interprets the use of information and communication technology (ICT) in the healthcare sector. This initiative promises to deliver better health outcomes by:
Access
Quality
Low Cost
Reducing Disease Burden
Efficient monitoring of health claims to citizens
This initiative avails all the medical facilities in any part of the world through Web services, mobile services and other services. This initiative also has various benefits framed in 10e's namely efficiency, enhancing quality, evidence based, empowerment of consumers and patients, encouragement, education, enabling information exchange and communication, extending, ethics and equity.
Competitive Landscape:
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.
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.
Recent Developments: 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.
Objective of the Report
To analyze strategies/developments such as collaborations, agreements, partnerships, mergers and acquisitions, and product launches and developments in the India Healthcare IT market
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the India Healthcare IT market.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the India Healthcare IT Market
The key findings and recommendations highlight crucial progressive industry trends in the India Healthcare IT Market, thereby allowing players to develop effective long term strategies
To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
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