India Healthcare IT Market Prospects to 2018: Industry Analysis, Size, Share, Growth, Trends and Forecast

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Albany, NY -- (ReleaseWire) -- 07/23/2014 --The report titled “India Healthcare IT Market Prospects to 2018 – Increasing Focus of Vendors in Tier 2 and 3 Cities” presents a comprehensive analysis of the industry covering aspects including market size by revenue and market segmentation by Clinical and Non-Clinical Information System and by EHR, LIS and PIS. A detailed analysis of price charged by vendors from hospitals, labs and pharmacies for IT solution and the adoption rate has been provided in the report. The report also entails a detailed description on the recent trends and developments, SWOT analysis, porter’s five forces analysis, issues faced by healthcare IT service providers in the market and competitive landscape of major players in the industry along with providing revenue of major companies. Future Prospects of the industry along with future projections have been discussed.

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The healthcare sector in India is ripened with numerous opportunities for the IT companies to capitalize and grow. Using an integrated, holistic approach which allows the healthcare organizations to remain flexible to the inexorable complexity, compliance and developments, has necessitated the requirement of information systems in healthcare organization over the years. With greater number of people moving towards better equipped healthcare institutes, technological advancements become an imperative need for such healthcare organizations in order to meet the increasing demand of the population.

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Maintaining quality of the healthcare services offered by the organizations along with being cost effective due to rising competition have become a key concern for the healthcare providers in India. IT, in such a case has acted as a key component in order to solve this problem. The usage of technology in healthcare sector has helped in improving various processes such as patient diagnosis, data management, e-prescription, pathology lab management, scheduling of appointments, case analysis etc.

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