Events Calendar

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12:00 AM - HLTH 2019
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01 Oct
2019-10-01 - 2019-10-02    
All Day
The UK’s leading health technology and smart health event, bringing together a specialist audience of over 4,000 health and care professionals covering IT and clinical [...]
08 Oct
2019-10-08 - 2019-10-09    
12:00 am
Looking to maximize the efficiency of your current Revenue Cycle solution? Join us as we present strategies for analyzing your MEDITECH Revenue Cycle, and learn from other [...]
2019 Southwest Dental Conference
2019-10-10 - 2019-10-11    
All Day
ABOUT 2019 SOUTHWEST DENTAL CONFERENCE For 91 years, the Southwest Dental Conference has been the meeting of choice for quality professional development and innovative educational [...]
Annual Conference & Exhibition Lyotalk USA 2019
2019-10-10 - 2019-10-11    
All Day
ABOUT ANNUAL CONFERENCE & EXHIBITION LYOTALK USA 2019 Lyotalk is USA’s largest annual conference on Lyophilization/Freeze Drying. Lyotalk attracts gathering from of 150+ experts from [...]
Lab Indonesia 2019
2019-10-10 - 2019-10-12    
All Day
ABOUT LAB INDONESIA 2019 LabAsia is Southeast Asia’s leading laboratory exhibition, serving as the region’s trade platform for laboratory equipment & services suppliers to engage [...]
30th International Conference on Clinical and Experimental Ophthalmology
2019-10-11 - 2019-10-12    
All Day
ABOUT 30TH INTERNATIONAL CONFERENCE ON CLINICAL AND EXPERIMENTAL OPHTHALMOLOGY The 30th International Conference on Clinical and Experimental Ophthalmology is going to be held during October [...]
7th International Conference on Cosmetology & Beauty 2019
Cosmetology and Beauty 2019 passionately welcomes each one of you to attend a global conference in the field of cosmetology which is held on October [...]
16 Oct
2019-10-16 - 2019-10-17    
All Day
ABOUT 17TH INTERNATIONAL CONFERENCE ON CANCER RESEARCH AND THERAPY Cancer Research Conference 2019 coordinates addressing the principal themes and in addition inevitable methodologies of oncology. [...]
Global Cardio Diabetes Conclave 2019
2019-10-18 - 2019-10-20    
All Day
ABOUT GLOBAL CARDIO DIABETES CONCLAVE 2019 A strong correlation between cardiovascular diseases and diabetes is now well established. The American Heart Association considers that individuals [...]
2019 Rehabilitation Medicine Society of Australia and New Zealand
2019-10-20 - 2019-10-23    
All Day
ABOUT 2019 REHABILITATION MEDICINE SOCIETY OF AUSTRALIA AND NEW ZEALAND On behalf of Rehabilitation Medicine Society of Australia and New Zealand (RMSANZ) and the organising [...]
21 Oct
2019-10-21 - 2019-10-23    
All Day
ABOUT GLOBAL CONFERENCE ON SURGERY AND ANESTHESIA (GCSA 2019) Global Conference on Surgery and Anesthesia (GCSA 2019) scheduled on October 21-23 2019 in Dubai, UAE [...]
21 Oct
2019-10-21 - 2019-10-22    
All Day
ABOUT 10TH INTERNATIONAL CONFERENCE ON MASS SPECTROMETRY AND CHROMATOGRAPHY ME Conferences is excited to announce the “10th International Conference on Mass Spectrometry and Chromatography” that [...]
MEDICAL JAPAN 2019 TOKYO
2019-10-23 - 2019-10-25    
All Day
ABOUT MEDICAL JAPAN 2019 TOKYO B to B Trade Show Covering All the Products/Services/Technologies in the Healthcare Industry! MEDICAL JAPAN TOKYO, a sister show of [...]
15th ACAM Laser and Cosmetic Medicine Conference 2019
2019-10-23 - 2019-10-25    
All Day
ABOUT 15TH ACAM LASER AND COSMETIC MEDICINE CONFERENCE 2019 As the new president of ACAM, I am delighted to welcome you all to the 15th [...]
23rd European Nephrology Conference
2019-10-24 - 2019-10-25    
All Day
ABOUT 23RD EUROPEAN NEPHROLOGY CONFERENCE Theme: The Imminent of Nephrology: Current & Advance Approaches to treat Kidney Diseases 23rd European Nephrology Conference is the world’s [...]
FNCE 2019 Food & Nutrition Conference & Expo
2019-10-26 - 2019-10-29    
All Day
ABOUT FNCE 2019 – FOOD & NUTRITION CONFERENCE & EXPO Experience dynamic educational opportunities not available elsewhere. Gain access to new trends, perspectives from expert [...]
HLTH 2019
2019-10-27 - 2019-10-30    
All Day
ABOUT HLTH 2019 HLTH is the largest and most important conference for health innovation. It’s an unprecedented, large-scale forum for collaboration across senior leaders from [...]
Events on 2019-10-01
01 Oct
Events on 2019-10-08
08 Oct
8 Oct 19
Massachusetts
Events on 2019-10-10
Events on 2019-10-18
Global Cardio Diabetes Conclave 2019
18 Oct 19
Bidhannagar
Events on 2019-10-23
Events on 2019-10-24
Events on 2019-10-26
Events on 2019-10-27
HLTH 2019
27 Oct 19
Las Vegas
Latest News

Digital transformation market in healthcare is projected to 13.7%

Future Market Insights (FMI) delivers key insights on the Global Digital Transformation Market in Healthcare in its latest report titled “Digital Transformation Market in Healthcare: Global Industry Analysis and Opportunity Assessment 2015 – 2025”. The global digital transformation market in healthcare is projected to register a healthy double-digit CAGR of 13.7% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.

On the basis of type, the market has been segmented into solutions and services. The solutions segment accounted for over 55% share of the global digital transformation market in healthcare in 2014, and is expected to register double-digit CAGR similar to that projected for the global digital transformation market in healthcare over the forecast period. The solutions segment is sub-segmented into connected electronic health record (EHR), connected billing, connected healthcare information system, CRM, ERP, collaboration tools and remote patient monitoring. Revenue contribution by connected healthcare information system sub-segment was 15.6% in 2014, and is projected to grow to 22.5% by the end of 2025, witnessing gain of 692 Basis Point Share and registering a double-digit CAGR of 16.1%.

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The services segment is sub-segmented into customer service, business process outsourcing (BPO), consulting and integration service. Business process outsourcing sub-segment is anticipated to witness highest CAGR of 16.6% during the forecast period. In contrast, integration services sub-segment is projected to dominate the services segment with 39.7% market share by the end of 2025.

Growth of the global digital transformation market in healthcare is mainly driven by increasing demand for cloud-based services, increasing per capita healthcare spending, growing ageing population and introduction of e-Health initiatives such as incentive programs by government. Additionally, healthcare organizations are focused towards providing customized healthcare apps for wearable fitness devices, which in turn is increasing demand for customer application services. These applications enable patients to access healthcare information through mobile and wearable devices. In early 2015 for example, Stanford Health Care launched Myhealth mobile app for patients. This app allows patients to access their respective records on EHR.

This report covers trends driving each segment and respective sub-segments and offers analysis and insights of the potential of the digital transformation market in healthcare in specific regions. By region, North America dominated the digital transformation market in healthcare with over 50% market share in 2014 and is anticipated to remain dominant by the end of 2025. This is attributed to advancements in digital technology and supportive government regulations and policies regarding digital transformation across the healthcare sector in the region. Healthcare organizations in major countries of North America such as the U.S. and Canada are focused towards adopting remote patient monitoring solutions, CRM solutions, healthcare information systems and other cloud-based solutions to enhance healthcare services. Western Europe and Asia Pacific Excluding Japan (APEJ) collectively accounted for over 34.6% of the overall digital transformation market in healthcare share in 2014. Among all the regions, APEJ is anticipated to register highest CAGR between 2015 and 2025, followed by Middle East & Africa, owing to proliferation of wearable and mobile devices and growing adoption of EHR within these region.

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Key players in the global digital transformation market in healthcare include IBM Corporation, Accenture PLC, AT&T Inc., CGI Group Inc., Syntel Inc. and Deloitte Consulting LLP. Strategic partnerships, collaborations and joint ventures are some of the major strategies followed by key players operating in the digital health market to outperform competitors.

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