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Asia-Pacific Healthcare IT Market- Industry Trends and Forecast to 2025

Asia-Pacific Healthcare IT Market is estimated to grow with the highest CAGR in the forecast period 2018 to 2025
sachit khadse | 01.08.2018

Asia-Pacific Healthcare IT Market is estimated to grow with the highest CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The major factors contributing to the growth of the market includes factors such as need for paper less technology and increasing government initiatives on healthcare it sectors.
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Market Segmentation: Asia Pacific Healthcare IT Market
• On the basis of products & services, the Asia-Pacific healthcare IT market is segmented into HCIT outsourcing services, healthcare provider solutions and healthcare payer solutions. In 2018, HCIT outsourcing services are expected to dominate the healthcare IT market with 45.6% market share growing at the highest CAGR in the forecast period 2018 to 2025. The healthcare provider solutions are further segmented on the basis of clinical solutions and non-clinical solutions.
• The clinical solutions have been further sub segmented into electronic health records medical image processing and analysis systems, picture archiving and communication systems, radiology information systems, laboratory information systems, vendor neutral archive, computerized physician order entry, clinical decision support systems, specialty management information systems, healthcare IT integration systems, practice management systems, radiation dose management and others.
• The non-clinical solutions have also been sub segmented into healthcare information exchange, revenue cycle management solutions, financial management systems, population health management solutions, medical document management solutions, pharmacy information systems, workforce management systems and healthcare analytics.
• The Asia-Pacific healthcare IT market on the basis of end users is segmented into providers and payers. In 2018, providers segment is expected to dominate the market. In 2018, providers segment is estimated to rule with 84.3% shares and will cross USD 46,853.83 million by 2025, rising at the highest CAGR in the assessment period.
• Providers are further sub segmented into hospitals, home healthcare, diagnostic centres, ambulatory surgical centres and pharmacies. Payers are further sub segmented into public and private.
Detailed Sescription:- Asia-Pacific (APAC) Healthcare IT Market, By Products & Services (HCIT Outsourcing Services, Healthcare Provider Solutions {Clinical Solutions, Non-Clinical Solutions}, Healthcare Payer Solutions), By End User (Providers, Payers), By Country (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of APAC) – Industry Trends and Forecast to 2025
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Key Drivers: Asia Pacific Healthcare IT Market
Some of the major factors driving the market for Asia Pacific healthcare IT market are need for paper less technology, increasing government initiatives on healthcare IT sectors, adoption of cloud services and prevalence of chronic diseases.
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Key Points: Asia Pacific Healthcare IT Market
Epic Systems Corporation is going to dominate the Asia-Pacific healthcare IT market followed by McKesson Corporation, Cerner Corporation, Allscripts, Carestream Health and Siemens AG.
• Providers segment is dominating the Asia-Pacific healthcare IT market with highest market share.
• Electronic health records segment is expected to grow with the highest CAGR in the forecast period 2018 to 2025..
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