Here are six observations:
1. The market’s value hit $76.7 billion in 2015.
2. The increasing demand for advanced healthcare information systems, growing government support as well as increasing HIT investment will spur market growth.
3. Privacy and security complications, poor healthcare infrastructures in developing economies and hefty capital expenditure and maintenance of digital health technologies will serve as market barriers.
4. The mHealth segment will likely experience the fastest CAGR of 34 percent in the forecast period.
5. North America is expected to remain dominant the space, due to enhanced healthcare infrastructure and growing prevalence of chronic diseases.
6. Key market players include:
• AT&T in Dallas
• Cerner Corp. in Kansas City, Mo.
• Cisco Systems in San Jose, Calif.
• General Electric Co. in Fairfield, Conn.
• Mckesson Corp. in San Francisco
• Koninklijke Philips in Amsterdam, Netherlands
• Qualcomm Inc. in San Diego
• eClinicalWorks in Westborough, Mass.
• Allscripts Healthcare Solutions Inc. in Chicago
• athenahealth Inc. in Watertown, Mass.
• Epic Systems Corp. in Verona, Wis.
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