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.

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.

Global Health IT Market to Hit $66B by 2020

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