Global Health IT Market to Hit $66B by 2020

The global market for health IT products is forecasted to reach $66 billion by 2020, mostly driven by providers’ desire to improve profitability, increasing consumer demand for healthcare services and a growing acceptance of mHealth technology, according to a report from Global Industry Analysts.

Advertisement

The largest market for health IT will continue to be the U.S., due to government incentives for health IT purchases.

Major areas of growth worldwide will include computerized physician order entry systems, electronic health records, personal health records, picture archive and communication systems, analytics solutions, telemedicine tools and mobile technology.

More Articles on the Health IT Market:

Massachusetts Insurance Exchange to Fire Healthcare.gov Contractor CGI Group
Castlight Health IPO Values Company at $3B
Top 8 Areas Where Mobile Technology is Used to Improve Patient Care

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.

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.