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Outlook for 2014-2018 Global Healthcare ITO Market

by: Sarah Joson

Monday, February 24, 2014 |

Healthcare IT Outsourcing Market Outlook

International.to recently covered the latest addition to ReportsnReports.com’s roster:  Global Healthcare IT Outsourcing Market 2014-2018.

The report anticipates that for the period of 2013-2018, the global healthcare information technology outsourcing (ITO) market will post a CAGR (compound annual growth rate) of 7.62 percent. The growth of the market is said to be fuelled mainly by the demand to reduce operational time and cost. The market has also become more open to innovation as more and more buyers are adopting cloud-based services. However, some see the risks in cloud integration due to some operations that are unable to meet the buyer’s expectations.

Nonetheless, it was realized that adopting cloud-based IT outsourcing services enables healthcare providers to be more agile, have easy accessible data by those who are authorized to do so, improve business continuity, have scalable operations, and of course, reduce costs.

It was also found that one of the common challenges faced by healthcare providers when it comes to IT outsourcing is poor return on investment. Basically, revenues from outsourcing IT healthcare processes fall short in matching the initial expenses.
The major players in the global healthcare ITO market are Dell Inc., Hewlett-Packard Co, IBM Corp., and Accenture plc.

Data collected by ReportsnReports.com is based on a detailed market analysis from industry leaders and experts. It covers the APAC region, EMEA region, and the Americas. The report also touched on topics such as the state of the global healthcare IT outsourcing market, as well as future key development areas.

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