ICT investment trends in Healthcare Sector 2016 – Global Industry survey of how healthcare providers currently allocate their ICT budgets across the core areas of enterprise ICT expenditure, hardware, software, IT services, communications

Albany, NY, Jan. 13, 2016 (GLOBE NEWSWIRE) -- The ICT industry has risen in importance to the healthcare sector in recent years of late, thanks to steady adoption by several industry players and growing acknowledgement of the benefits of ICT in healthcare. Utilization of ICT resources helps healthcare providers cut down on costs, provide more patient comfort, and expand their revenue channels.

Reaching out to patients and maintaining reliable databanks about their medical history is the primary use of ICT services in the healthcare sector. The increasing investment in ICT by healthcare providers is thus mainly led by the channels of cloud analytics, mobile apps and other mHealth technologies, and social technologies. Mobility of healthcare dispensation, collaboration between distant healthcare units to increase and improve healthcare services, and effective use of cloud computing for the same remains the aim of major players in the healthcare industry in investing in ICT.

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Healthcare IT presents significant financial benefits to healthcare industry players in the long term. However, before the IT healthcare ecosystem is put in place, installation costs remain high, due to the relatively recent innovation of the technology. This presents a significant barrier to adoption and implementation of ICT in healthcare.

Cloud computing is among the most efficient IT services on offer for the healthcare industry at present. However, due to it also being among the most recent innovations, large-scale acceptance is still a long way away. In the coming years, cloud computing and cloud analytics are expected to be the fastest-growing channels of ICT investments by healthcare providers. Cloud computing is essential in enabling mobility of services, which is becoming a crucial tool in today’s globalized world. Hence, the demand for cloud computing is expected to remain high over the coming years.

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The report describes the overall transformation in IT budgets over 2015, in terms of size as well as their distribution. Hardware, software, communications, services, and consulting are the major components of IT budgets in the healthcare industry. There are several ICT tools and functions that healthcare providers look to outsource, since it is not feasible to operate them in indigenous units. The report also describes these, and mentions the opportunities that lie for ICT players in these fields.

The report helps interested ICT industry parties by providing region-wise and technology-wise breakdowns of healthcare ICT budgets, which will help key ICT vendors figure out which product lines to focus on. Factors affecting the buying decisions of healthcare providers are also described in the report, which will also help ICT industry players by allowing them to exploit these factors to achieve higher sales figures.

Related Reports:- 

ICT Investment Trends in Pharmaceuticals sector 2016

ICT investment trends in pharmaceuticals presents the findings from a survey of 95 pharmaceutical companies regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how pharmaceutical companies currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.

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