1. The global healthcare analytics market, valued at $4.43 billion in 2013, is expected to hit $21.3 billion by 2020.
2. The global mHealth market, currently valued at $6.6 billion, is expected to hit $20.7 billion by 2018.
3. The global market for healthcare IT outsourcing is expected to grow to $50.4 billion by 2018, up from $35 billion in 2013.
4. The global market for hospital-based electronic medical records is expected to grow at a compound annual growth rate of 7.46 percent through 2016.
5. The global telemedicine market is expected to grow at a CAGR of 18.9 percent through 2016, mostly due to an increased use of remote patient monitoring technologies.
6. The global medical device connectivity market is expected to reach $33.5 billion by 2017, growing at a CAGR of 37.8 percent.
7. The U.S. health IT market is expected to hit $22.6 billion by 2017.
More Articles on the Health IT Market:
2 Noteworthy Venture Funding Announcements at mHealth Summit
Cerner Announces Stock Repurchasing Plan
athenahealth, Merge Healthcare Partner for Data Exchange
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.