Healthcare information technology (IT) is a vast field that involves the use of information technology for designing, creating, developing, using and maintaining information systems in the field of healthcare. Healthcare IT market is growing at a fast rate due to technological advancement in the field and increasing demand for improved healthcare facilities worldwide. Healthcare IT allows exchange of health-related information among organizations electronically. On the basis of applications, healthcare IT market can be segmented into clinical technology, non-clinical technology and payer technology. Various wireless technologies are available in the market such as radio frequency identification (RFID), bluetooth, WLAN, WWAN, WMAN, zigbee technology and others. Use of healthcare IT lowers the cost of treatment and reduces errors associated with healthcare facilities; thus improves the efficiency of the healthcare system.
On the basis of delivery mode, web-based technology has the largest market. However, cloud technology is growing at the fastest rate. This is due to various successful technologies being used in cloud technology, such as Saas, Paas, Iaas and others. North America, followed by Europe, has the largest market for healthcare IT due to rise in incidence of various diseases, increasing adoption of electronic health records and technological advancement in the region. Asia is expected to show high growth rate in healthcare IT market in next few years due to rise in ageing population, increasing patient pool in the region and government initiatives sin the region.
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