DUBLIN--(BUSINESS WIRE)-- Research and Markets(http://www.researchandmarkets.com/research/d1e600/hospital_informati) has announced the addition of the "Hospital Information System in India 2010-2014" report to their offering.
Research conducted by TechNavio reveals that the Hospital Information Systems market in India is expected to grow at a CAGR of 15 percent. Technavio's report, which focuses exclusively on India, indicates that the market is currently being driven by the rapidly developing Healthcare industry in India.
Several large hospitals in India have announced extensive expansion plans for the near future. This has been as a result of growing healthcare needs of the growing population. With the introduction of these new hospitals, hospital information systems are expected to be implemented to streamline workflow, boosting the market in India, reports a TechNavio analyst.
In spite of the demand for hospital information services in India, the high capital cost is hindering the growth of this market. However, the increasing purchasing power of end-users in India is expected to boost the market. Moreover, the Hospital Information Systems market in India is witnessing a gradual move to cloud computing.
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report, Hospital Information System in India 2010-2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
TechNavio's analysts forecast the Indian Hospital Information System market to grow at a CAGR of 15 percent over the period of 2010-2014. One of the key factors contributing to this market growth is the rapidly developing Healthcare industry in India. The Indian Hospital Information System market has also been witnessing growth in medical tourism. However, the high capital cost could hinder the growth of this market.
Key vendors dominating this market space include Akhil System Pvt. Ltd., GE Healthcare, McKesson Corp., Siemens Healthcare, and Wipro Healthcare IT.
Key Questions Answered in This Report:
- What will the market size be in 2014 and at what rate will it grow?
- What key trends is this market subject to?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
For more information visit http://www.researchandmarkets.com/research/d1e600/hospital_informati
Research and Markets
Laura Wood, Senior Manager,
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KEYWORDS: Asia Pacific India
INDUSTRY KEYWORDS: Health Hospitals