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
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.