Health IT

Indian healthcare to spend US $ 1.2 billion on IT

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surgeryIndian healthcare providers will be spending US $1.2 billion on IT products and services in 2015, an increase of seven per cent over 2014, Gartner, global information technology research and advisory company said.

“IT services, which includes consulting, implementation, IT outsourcing (ITO) and business process outsourcing (BPO), will be the largest overall spending category throughout the forecast period within the health care providers sector,” said Anurag Gupta, research vice president at Gartner.

According to Gartner the forecast include hospitals, as well as ambulatory service and physicians practices on internal services, software, IT services, data center, devices and telecom services.

“It is expected to reach $334 million in 2015, growing seven per cent over 2014. The BPO sub-segment will record the fastest growth rate of 15 per cent over 2014. ITO will be the largest sub-segment in IT services recording a 10 percent increase in 2015 to reach $103 million in 2015.”

The software market will grow 6.7 percent in 2015 to reach $102 million, up from $96 million in 2014. Vertical specific software (VSS), which includes hospital information system, electronic health/ medical records, health information management, patient financial management, and more, will grow 6 percent in 2015 to reach $28 million.

“The growth in the Indian healthcare ICT market will be driven by the private sector mainly focusing in tertiary specialized care, secondary hospital care and the government investments on core public health and primary care across several states,” Gupta added.

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