DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8b6f9b/the_indian_healthc) has announced the addition of the "The Indian Healthcare IT Market" report to their offering.
This report provides current status and five-year forecast on three key Healthcare-IT segments in India - Picture Archiving and Communications Systems (PACS), Patient Records (PR) and Departmental Clinical Systems (DCS). It looks at the overall structure of the Indian Healthcare system and the factors that are affecting its dynamics. It provides clear knowledge on demand-supply gap, middle class population, health insurance, stronghold of private corporate providers, medical tourism, etc. - how are these affecting the market. The report looks at the Indian Healthcare-IT Market in general, current market environment, trends, restrictions, competitive landscape and how is the market developing.
Globalisation, increasing purchasing power, infrastructure development initiatives, huge population base and economic liberalisation are making India a lucrative market for many industries. The country's healthcare systems are also ever developing; continuing to expand their coverage, services and spending. Both the public and private sectors are providing a big market for hospital information systems as well as other healthcare-related IT solutions. The Federation of Indian Chambers of Commerce & Industry expects the Indian Medical Technology Market to grow to $14 billion by 2020.
Over the next five years, healthcare spending is expected to grow in India; this is directly reflected in the Indian market for Hospital IT solutions and its related sub-markets. TekPlus expects the Indian market for PACS, Patient Records and Departmental Clinical Systems to grow at a CAGR of more than 20 percent for next five years. This limited optimism (given the huge expectations) is after careful examination of the on-going project investments and the potential new funding that has been earmarked by various funding organisations. The Indian healthcare-IT market has been growing at a brisk pace over the last few years. During our forecast period we expect it to continue to grow at a steady pace. It has fully recovered from a slight dip (in growth rates) in the previous years. TekPlus expects the momentum to continue throughout our forecast period. Overall, in India, markets for various healthcare-IT solutions are either in their first or second phase of maturation.
Key Topics Covered:
The Report
Scope and Methodology
Market Definitions
Market Environment
Market Trends
Market Drivers
Market Inhibitors
Market Structure and Dynamics
Demand is greater than supply
Middle-class population
Health Insurance
Medical Tourism
Private corporate providers
Initiatives by key private corporate providers
Competitive Landscape
Key TekPlus Assumptions
The Indian Market
The Indian PACS Market
The Indian PR Market
The Indian DCS Market
Concluding Comments
For more information visit http://www.researchandmarkets.com/research/8b6f9b/the_indian_healthc