Clinical health IT market to grow to $19.7B value by 2019

The clinical health IT market is expected to reach a $19.7 billion value by 2019, according to a BCC Research report.

Advertisement

The market is expected to grow at a compound annual growth rate of 4.8 percent through 2019 to reach the nearly $20 billion value.

In 2013, EHRs accounted for the largest market share at 61.5 percent, followed by telemedicine at 23 percent. Picture archiving and communication systems accounted for 7.8 percent of the market. The clinical health IT market was at a value of $14.1 billion in 2013.

More articles on health IT:
Cyberattack exposes data of 1.1M CareFirst BCBS members
Welltok acquires Predilytics
Data theft by third-party vendor affects White Plains Hospital

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.