Healthcare IT Market in Saudi Arabia to grow at a CAGR of 12.28% over Forecast 2015-2019

Albany, NY, Dec 05: Over the years, businesses in Saudi Arabia have been adopting advanced technologies and IT integration solutions to enhance their operations and revenue. With more and more operations being enabled and enriched by innovative IT applications and solutions, IT has become a key enabler of business functions. This trend is also being witnessed in the healthcare sector in Saudi Arabia. The need to maintain a standard record format has led to the transformation of traditional medical records to electronic health records. Implementation of the policy that makes insurance mandatory is also contributing to the growth of this market. The need to track common ailments has also intensified the need for IT. In addition, the inherent benefits of IT, such as process efficiency, cost-effectiveness, mobility, and accessibility are all driving its adoption.

The healthcare IT market in Saudi Arabia to grow at a CAGR of 12.28 percent over the period 2014-2019. This report provides an overview of the healthcare IT market in Saudi Arabia. The market is segmented into: hardware, software, and services.

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Technavio's report, Healthcare IT Market in Saudi Arabia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the healthcare IT market landscape in Saudi Arabia and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.

Key Vendors
- GE Healthcare
- HP
- IBM
- Intel
- InterSystems
- Oracle
- Siemens Healthcare

Other Prominent Vendors
- 3M
- Agfa healthcare
- Al Faisaliah Medical Systems
- BD
- Bytes Technology Solutions
- Cerner
- Cigna Global Health
- CompuGroup Medical
- EIPICO
- GMC
- Honeywell
- Nawah Healthcare
- Philips Healthcare
- Roche Group
- TIBCO Software

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.