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Markets and Markets : Healthcare Integration Market by Product, Services & Application will reach $2,745.9 Million by 2018
[September 18, 2014]

Markets and Markets : Healthcare Integration Market by Product, Services & Application will reach $2,745.9 Million by 2018


(M2 PressWIRE Via Acquire Media NewsEdge) Healthcare IT integration involves the implementation of a wide variety of electronic platforms that help in maintaining information about health and healthcare in general, which could be both for individuals as well as a group of patients. Healthcare integration market includes collection, storage, retrieval, and sharing of information between consumers, providers, governments, and insurers, among others. The information covered by HCIT can range from demographics, medical history, medications and allergies, and immunization status to radiology images and vital signs of the patient.



The market is expected to grow at a CAGR of 9.6% in the forecast period, to reach $2,745.9 million by 2018 from $1,737.3 million in 2013. Factors such as the rising healthcare costs, presence of strong government support and initiatives, growing need to integrate healthcare systems, and high returns on investment have increased the demand for healthcare integration. However, various interoperability issues, presence of a fragmented end-users market, and the high cost of implementation of healthcare integration are the factors that are restraining the growth of this market to a certain extent.

Get PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=228536178 The healthcare IT integration platform and tools form the backbone of any successful healthcare information network. The global healthcare integration market has experienced a substantial growth in the past decade, and so has the market for integration tools and platforms. However, the market growth in Europe was somewhat restricted in the past 2 to 3 years, due to the impact of the Eurozone debt crisis and global recession in past few years.


This report analyzes the global healthcare integration market based on products (integration/interface engines, device integration software, media integration solutions, and other integration tools), services (implementation, support and maintenance, and training), applications (hospitals, laboratories, radiology centers, clinics, device integration, HIE, and others), and geography (North America, Europe, Asia, and the Rest of the World).

Speak to Analyst: http://www.marketsandmarkets.com/speaktoanalyst.asp?id=228536178 North America accounted for the largest share of 65% to 70% of the global market, followed by Europe with a share of nearly 20%. However, the Asian countries represent the fastest-growing markets. The high growth in these countries can be attributed to the increasing awareness regarding healthcare, growth in healthcare spending in emerging countries, and the presence of a large and diverse population in this region.

The prominent players in the market are InterSystems (U.S.), Corepoint Health (U.S.), Siemens AG (Germany), Orion Health (New Zealand), Infor (U.S.), Interfaceware (Canada), Enovacom (France), Cerner Corporation (U.S.), Capsule (U.S.), Accenture (Ireland), Capgemini (France), IBM Corporation (U.S.), Allscripts (U.S.), Oracle (U.S.), and AVI-SPL (U.S.).

Browse related reports: Healthcare Analytics/Medical Analytics Market by Application (Clinical, Financial, & Operational), Type (Predictive, & Prescriptive), End-user (Payer, Provider, HIE, ACO), Delivery Mode (On-premise, Web, & Cloud) - Trends & Global Forecasts to 2020 http://www.marketsandmarkets.com/Market-Reports/healthcare-data-analytics-market-905.html Health Information Exchange (HIE) Market by Setup Types (Public & Private), Vendors (Web Portal & Platform), Implementation Models (Centralized, Federated, & Hybrid), Application (Interfacing, Secure Messaging) - Global Trends & Forecast to 2018 http://www.marketsandmarkets.com/Market-Reports/healthcare-information-exchange-market-249987292.html About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

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