Wellness Franchise Opportunities

HealthcareSep, 28 2015

Indian healthcare providers to spend US$ 1.2 billion on IT in 2015: Gartner

Globally renowned information technology research and advisory firm Gartner Inc predicted the country is expected to spend US$ 1.2 billion on IT products and services in 2015, an increase of 7 per cent over 2014.

By WI Bureau

Showcasing an increase of 7 per cent over 2014, Indian healthcare providers are expected to spend US$ 1.2 billion on IT products and services in 2015, predicted globally renowned information technology (IT) research and advisory company Gartner, Inc.

The forecast also includes spending by healthcare providers like hospitals, as well as ambulatory service and physicians practices on internal services, software, IT services, data center, devices and telecom services.

“IT services, which include consulting, implementation, IT outsourcing (ITO) and business process outsourcing (BPO), will be the largest overall spending category throughout the forecast period within the healthcare providers sector,” informed Anurag Gupta, Research Vice President, Gartner.

He further noted, “It is expected to reach US$ 334 million in 2015, growing 7 per cent over 2014. The BPO sub-segment will record the fastest growth rate of 15 per cent over 2014. ITO will be the largest sub-segment in IT services recording a 10 per cent increase in 2015 to reach US$ 103 million in 2015.”

Significantly, the software market will grow 6.7 per cent in 2015 to reach US$ 102 million, up from US$ 96 million in 2014. Vertical specific software (VSS), which includes hospital information system, electronic health/ medical records, health information management, patient financial management and more, will grow 6 per cent in 2015 to reach US$ 28 million.

“The growth in the Indian healthcare ICT market will be driven by the private sector mainly focusing in tertiary specialised care, secondary hospital care and the government investments on core public health and primary care across several states,” said Mr. Gupta.

Gartner Inc delivers the technology-related insight necessary for its clients to make the right decisions, everyday. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is the valuable partner to clients in approximately 10,000 distinct enterprises worldwide.

Founded in 1979, Gartner is headquartered in Stamford, Connecticut, USA, and has 7,100 associates, including more than 1,500 research analysts and consultants, and clients in 90 countries.

 

 

 

 

Home image curtesy: Portea Medical

Related: Apollo Hospitals forays into Homecare category with an initial investment of Rs 50 cr

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