Healthcare IT Market in India 2015-2019

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Healthcare IT Market in India 2015-2019

The report discusses the following in-depth:

• Market Segmentation by Technology • Market Segmentation by Category • Market Segmentation by Nature of Transaction

• Business Segmentation

• Business Segmentation by Revenue

• Geographical Segmentation by Revenue

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Key Trends

TechNavio’s Senior Analyst says, “The growth of the Healthcare IT market in India is, however, inhibited by certain challenges. High costs of IT adoption are a main concern in India. Healthcare costs are expected to increase rapidly. The initial investment required for installing IT systems is high and continues to increase; however, revenue does not increase proportionally. ”

• Healthcare IT systems improve the quality and efficiency of services delivered and help in reducing errors in the Healthcare industry. Despite increased investment in IT systems resulting in high costs of healthcare services for patients, healthcare providers choose to increase their IT spending. Both Private sector and Public sector healthcare organizations are engaging in projects that depend heavily on IT.

• TechNavio's analysts forecast the Healthcare IT market in India to grow at a CAGR of 14.02 percent over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Healthcare IT Market in India 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our report:

Healthcare IT Market in

India 2015-2019

Dell

HCL

HP

Dell is a technology provider based in Texas, US. In 2013, it was the third largest PC vendor in the world. The company caters to various industries with a range of IT products and solutions, and is known for its direct distribution strategy. Dell sells PCs, servers, storage devices, networking devices, software, and hardware peripherals.

HCL Technologies was established in 1991 and is headquartered in Uttar Pradesh, India. It is a global IT company that provides infrastructure management software services and business process outsourcing services. It also provides multi-service deliveries across various industries and is listed in Asia’s Fab 50 companies.

HP was founded in 1939 and is headquartered at Palo Alto, California, US. It is a leading global provider of IT products, software, technologies, services, and solutions. The company's customers are SMEs, individual consumers, and large enterprises, including customers in the Healthcare, Government, and Education sectors. The major offerings of the company include PCs, imaging and printing devices, enterprise IT infrastructure solutions, and related services.

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Market Landscape

• India has a population of 1.3 billion. It is successfully growing in the Healthcare market, especially in e-health and telemedicine.

• For instance, the rural healthcare delivery infrastructure in the country is supported by the government as a three-tier system, and health is the primary responsibility of each state.

• Tier-2 and tier-3 cities are also rapidly growing in terms of adopting IT in healthcare.

• India is a fast-growing country in terms of adopting IT and IT services.

• The use of IT in healthcare is increasing among pharmaceutical companies, corporate hospitals, and other private healthcare centers.

• Currently, EHR, telemedicine, digital health knowledge resources such as digital medical libraries, HMIS, e-learning technologies, and public health informatics all use IT solutions.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameters Details

Cost Efficiency and ROI IT systems should be cost-efficient and must give a good ROI

Credibility and Brand Image As IT investments require extra capital funding, buyers prefer to go by the reputation and brand image of a company

Ease of Use Vendors should be able to provide easy-to-use healthcare IT solutions

Service Localization The proximity of the IT services provider is important for small and mid-sized hospitals and physicians

Maintenance and Support Services

It is important that buyers specify requirements for maintenance and services clearly to vendors at the time of purchase so that the SLA is clearly communicated and satisfies buyers

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Healthcare IT Market in India 2015-2019

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