Healthcare IT market in emerging economies to double by 2015

Twitter icon
Facebook icon
LinkedIn icon
e-mail icon
Google icon
Research and Markets has published “Healthcare IT Market in Emerging Economies (2010-2015),” which cites the growth of medical tourism, demand for better quality healthcare delivery by a growing aging population and an increase in the chronic disease patient population as driving the increased adoption of IT in emerging markets.

The Dublin, Ireland-based research firm expects the healthcare IT market in emerging economies to grow from $5.3 billion in 2010 to $10.9 billion in 2015, at an estimated compound annual growth rate of 15.3 percent from 2010 to 2015. The hardware segment dominates the healthcare IT market in emerging economies and is expected to be the fastest growing segment for the next five to seven years, according to the report.