India Healthcare IT Market Research Report And Outlook to 2023: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit India Healthcare IT Market Overview:- Market Growth (Current): The Healthcare IT market in India grew at a CAGR of ~% between FY’2013 – FY’2018. The various market segments grew at the following CAGR HIMS PIS MIIS LIMS Market Stage: India Healthcare IT market is at it’s growing stage. HIMS-Growth stage PIS-Growth Stage MIIS-Growth Stage LIMS-Growth Stage Competition Structure: India Healthcare IT market is highly fragmented in nature as there are many players in the market competing for the market share. HIMS PIS MIIS LIMS Current Growth Drivers: Increasing demand for advanced analytical tools in the Healthcare sector, growing focus on telemedicine, increased automation in healthcare organization, and advancement of mobile technology act as the major growth drivers in the market. Major Players: Wipro, Fujifilm, Siemens, Cerner Corporation, Thermo Fisher Scientific, Mckesson Corporation, Gofrugal Pharmacy Software, GTI Infotel, Allscripts Healthcare Solutions. Market Growth (Future): In Future, the India Healthcare IT market is expected to grow at a CAGR of ~% during the period FY’2018-FY’2023E. HIMS PIS MIIS LIMS Future Market Overview: With the rising demand for healthcare services, a greater focus is being laid on improving health care facilities and the supply of healthcare services is also growing steadily, as the private sector is becoming more involved in owning and running hospitals. Thus, patient data security and efficiency during the process of healthcare is considered to be vital. With greater number of people moving towards better equipped healthcare institutes, technological advancements become an imperative need for such healthcare organizations. Interested to Know More about this Report- Request for a sample report Future Growth Drivers: Some of the factors expected to drive the demand for India Healthcare IT market are introduction of AI into the market, increasing number of elderly population and increase in the number of Pharma retail stores. An accommodative business climate created by government’s supportive policies are expected to further attract more foreign capital, thereby creating more demand for Healthcare IT services. India Healthcare IT Market Size:- By Revenue:- The India Healthcare IT market has grown from INR ~ crore in FY’2013 to INR ~ crore in FY’2018. The market increased at a CAGR of ~% during the above mentioned period. There has been an increase in the government initiatives which has fueled the growth of the Healthcare industry market, various schemes launched by the government such as Nikshay, MCTS and IDSP has played a major role in the increase in the market size. The healthcare organizations in the country used to give IT budgeting a low priority as compared to equipment budgeting. The spending on Computed Tomography scanners or Magnetic Resonance Imaging systems was emphasized over allocating small budgets for the implementation of HIS solutions. However, in the present times, with the impeding requirements for keeping track records, high cost solutions such as Picture Archiving and Communications System (PACS) is being implemented in corporate hospitals high-end private hospitals in the country, thus leading to market growth. Over the years, the impact of information technology in Indian healthcare services has been transforming the sector into managed care services. It is believed that accessing information by providers and patients can be now easily done with safety and effectively through the use of information technology. It has been cited that health care solution results in efficiency, reduces delays and improves patient care, which are the prime growth drivers of healthcare IT market in India. Visit this Link :- Request for custom report Future Outlook And Projections:- By Type of Market – Revenue (HIS, PIS, MIS and LIMS):- Hospital Information System (HIS): The HIMS market holds the maximum share and is expected to dominate till FY’ 2023 as well since most of the hospitals are using software services for tracking and storing the health records of their patients. Hospitals will start preferring Hosted and cloud services over on premise services which is more expensive, however it more beneficial in the long run. The initial cost of the application is also high. Furthermore, maintenance of the server needs to be carried out by the enterprise, and this adds to the resource requirements and their costs. The market share by revenue of HIMS was 63.3% in FY’ 2018 and predicted to become 62.8% by FY’ 2023 and subsequently the revenue is also expected to rise from INR 8,500.0 crore to INR 14,257.3 crore during the same time period at a CAGR of 13.5%. Pharmacy Information System (PIS): The Pharmacy Information System has the second highest market share in the Indian Market of ~% in FY’2018. One major reason for high market share is Over Supply of Drugs, The low cost of production coupled with poor adherence to quality control measures has resulted in large supply of drugs in the market. This keeps the prices of drugs low and makes them accessible to the general public. The organized pharmacies have started focusing beyond metro cities amid growing demand for branded retail stores in Tier 2 and Tier 3 cities. This has resulted in the growth of customer base. The advent of online pharmacy has closed the spatial gap between customers and pharmacies. This has resulted in increase in average number of orders per customer as the customer can purchase drugs without any hassle. The PIS market generated a market revenue of INR ~ crore in FY’ 2018 and is expected to rise to INR ~ crore by FY’ 2023, the market is anticipated to grow at a CAGR of ~% in the same time period. Medical Imaging Information System (MIIS): MIIS had a market share of ~% in FY’ 2018 which is expected to increase to ~% by FY’2023, the market will grow at a CAGR of ~%. The market faces concentrated competition therefore price variations would highly affect the market. Laboratory Information System (LIMS): LIMS has the lowest market share of ~% in FY’2023 and will increase at a CAGR of ~% during the above mentioned period. Key Segments Covered:- HIMS:- By Delivery Mode On Premise Hosted and Cloud By Component Software and Services Hardware By End Users Private Hospitals Government Hospitals Clinics PIS:- By Delivery Mode On Premise Hosted and Cloud By Component Software Services By End Users Popular Chain Brand Standalone LIMS:- By Delivery Mode On Premise Hosted and Cloud By Component Software Services By End Users Chain Labs/Multispecialty Labs Standalone Labs MIIS:- By Type PACS Radiology Information System Monitoring Analysis Software Key Target Audience:- Healthcare IT Companies Hospitals Clinics Pharmacies Path Labs Private Equity Firms Government Associations Investors Time Period Captured in the Report:- Historical Period: FY’2013-FY’2018 Forecast Period: FY’2019-FY’2023E Companies Covered:- HIMS Cerner Corporation Allscripts Healthcare Solutions Athenahealth Innovative Medisoft / MED-E-NOVA Birlamedisoft Pvt. Ltd. GTI Infotel MIS Wipro Fujifilm Siemens Healthenieers SRIT (Shobha Renaissance IT Limited) Shrishti Software Telerad Tech PIS:- Mckesson Corporation Logic Pharma Reatail Go Frugal Pharmacy Software LIMS:- Thermo Fisher Scientific LabWare LabVantage Solutions NextGen Healthcare IT Solutions Caliber LIMS Vanuston (Medeil) Abbott Informatics/ Star LIMS Keywords:- India Healthcare IT Industry Healthcare IT Industry In India Market Research Report Of India Healthcare IT India Healthcare IT Market Size India Healthcare IT Market Revenue Pharmacy Information System in India India Electronic Healthcare Records HIMS Software Pricing In India Healthcare Software in India Number of Pharmacies in India India Upcoming Technologies Healthcare IT India Technologies LIMS Market Wipro Healthcare IT Market Mobile Technology in Healthcare For more information, refer to below link:- India Healthcare IT Market Related Reports:- Singapore Healthcare Market Forecast To 2022 – By Type Of Clinics (Medical And Dental), By Hospitals (Private, Public And Not-For-Profit), By Prescription And Otc Drugs, By Type Of Medical Devices (Consumables, Diagnostic Imaging, Patient Aids, Orthopedics India Home Healthcare Market Outlook To 2023 – By Patient Profile (Elderly Care, Physiotherapy, Stroke Rehabilitation, Wound Care And Others); By Organized (Subscription And Non Recurring Model) And Unorganized, By Major Cities Indonesia Healthcare Market Outlook To 2022 – By Hospitals, Clinical Laboratories, Pharmaceutical, Pharmacy Chains, Medical Device Segment Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Sales@kenresearch.com +91-9015378249 Post Views: 2 Tags: Abbott Informatics Healthcare IT Market, Allscripts Healthcare Market Revenue, Artificial Intelligence in India Healthcare IT Market, Fujifilm Healthcare IT Market Revenue, Future Technologies HIMS India, Future Technologies In MIIS India, Government Regulations in India Healthcare IT Market, Healthcare IT Industry In India, Healthcare IT Market In India, Healthcare Software in India, HIMS Software Pricing In India, Hospital Information System in India, India Electronic Healthcare Records, India Health Market Statistics, India Healthcare Industry, India Healthcare IT Industry, India Healthcare IT Industry Research Report, India Healthcare IT Market, India Healthcare IT Market Analysis, India Healthcare IT Market Competition, India Healthcare IT Market Forecast, India Healthcare IT Market Future Outlook, India Healthcare IT Market Growth, India Healthcare IT Market Major Players, India Healthcare IT Market Opportunities, India Healthcare IT Market Overview, India Healthcare IT Market Research Report, India Healthcare IT Market Revenue, India Healthcare IT Market Scope, India Healthcare IT Market Segmentation, India Healthcare IT Market Shares, India Healthcare IT Market Size, India Healthcare IT Market Trends, India Healthcare Market, India Healthcare Services, India HIMS Healthcare Market, India Hosted And Cloud Healthcare Records, India LIMS Healthcare Market, India MIIS Healthcare Market, India On Premise Healthcare Records, India PIS Healthcare Market, India Popular Pharmacy Chain Brands, India Technologies LIMS Market, India Upcoming Technologies Healthcare IT, India Upcoming Technologies HIMS Market, India Upcoming Technologies PIS Market, Industry Research Report Of India Healthcare IT, Laboratory Information System in India, LabWare Healthcare IT Market Size, Major Companies In India Healthcare IT Market, Market Research Report Of India Healthcare IT, McKesson Corporation Healthcare IT Market, Medical Imaging Information System in India, Medicine Management Apps, Mergers And Acquisitions In India Healthcare IT Industry, Mobile Technology in Healthcare, NextGen Healthcare IT Market Revenue, Number of Pharmacies in India, PACS in India Healthcare IT Market, Pharmacy Information System in India, Picture Archiving Communication System in India, Pricing Analysis HIMS India, SWOT Analysis Healthcare IT Market India, Technologies MIIS Market, Wipro Healthcare IT Market