Asian Healthcare IT – on a high !

Emerging trends show that developed Asian markets like Singapore, Taiwan, Korea and Hong Kong, are providing higher quality of public healthcare, despite spending lesser on healthcare IT than their counterparts. Also evident is the fact that India is the fastest growing healthcare market, with growth forecast of 22% (CAGR), ahead of China and Vietnam.

According to Springboard Research (a global IT market research firm), the total market for health IT in Asia is expected to reach $4.83 billion by 2010.

In case of India, healthcare accessibility is quite lower due to many barriers – geographic, economic and social. Not to mention the inherent weaknesses of the public healthcare system. In our ‘Applications’ section, the article on Spatial Health Management Information System explores the public health scenario in India, hindrance to its progress, and proposes a GIS-based IT system for better governance of public health.

The HealthIT utive Summit organised by Frost & Sullivan in Goa witnessed encouraging participation from senior utives of Tier I public and private healthcare institutions, government departments and the IT industry. Do read the exclusive report.

It is a pleasure to announce that starting from this issue we have expanded the scope of our ‘Product Profile’ section to include software solutions.

If you are in healthcare business and planning your IT strategies, the ‘Perspective’ section is your must read. Asclepius Consulting a healthcare management consulting firm from Bangalore writes on finer points of health IT strategies and pitfalls to avoid.

It is predicted that by the year 2030 the ageing population of the European Union will rise by 52% and the number of people between the age of 15-65 will decrease by 7%. Hence, patient empowerment will be driven by this demographic change. Healthcare expenditure in Europe has already reached 8.5% of GDP. In order to prevent it from growing further than economic growth, public heath institutions and insurers are promoting e-health. When patients are more responsible and empowered,the cost of healthcare can be better contained; and an acceptable level of healthcare can be guaranteed for all. Get a low down on this in ‘Development Dimension’.

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