Events Calendar

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30 Mar
2020-03-30 - 2020-03-31    
All Day
This Cardio Diabetes 2020 includes Speaker talks, Keynote & Poster presentations, Exhibition, Symposia, and Workshops. This International Conference will help in interacting and meeting with diabetes and [...]
Trending Topics In Internal Medicine 2020
2020-04-02 - 2020-04-04    
All Day
Trending Topics in Internal Medicine is a CME course that will tackle the latest information trending in healthcare today.   This course will help you discuss options [...]
2020 Summit On National & Global Cancer Health Disparities
2020-04-03 - 2020-04-04    
All Day
The 2020 Summit on National & Global Cancer Health Disparities is planned with the goal of creating a momentum to minimize the disparities in cancer [...]
2020 Primary Care Kauai- Caring For The Active And Athletic Patient
2020-04-06 - 2020-04-10    
All Day
CMX Travel and Meetings programs meetings and group conferences for physicians and medical professionals throughout the United States. CMX Travel and Meetings programs meetings and [...]
ISER- 787th International Conference On Science, Health And Medicine ICSHM
2020-04-07 - 2020-04-08    
All Day
ISER- 787th International Conference on Science, Health and Medicine (ICSHM) is a prestigious event organized with a motivation to provide an excellent international platform for the academicians, [...]
RW- 801st International Conference On Medical And Biosciences ICMBS
2020-04-08 - 2020-04-09    
All Day
About the EventConference : RW- 801st International Conference on Medical and Biosciences ICMBS is a prestigious event organized with a motivation to provide an excellent [...]
Palliative Care 2020
2020-04-08 - 2020-04-09    
All Day
ABOUT PALLIATIVE CARE 2020 Palliative Care 2020 welcomes attendees, presenters, and exhibitors from all over the world to Dubai, UAE. We are glad to invite [...]
The 4th Annual Dubai International Paediatric Neurology Congress
2020-04-09 - 2020-04-11    
All Day
Based on the sound success of previous Dubai International paediatric Neurology congresses the 4th Annual Dubai International paediatric Neurology Conference expects to attract over 400 delegates devoted [...]
13 Apr
2020-04-13 - 2020-04-14    
All Day
IASTEM - 814th International Conference on Medical, Biological and Pharmaceutical Sciences (ICMBPS) will be held on 13th - 14th April, 2020 at Dammam, Saudi Arabia . ICMBPS is to bring together [...]
Patient Engagement USA At Eyeforpharma Philadelphia
2020-04-14 - 2020-04-15    
All Day
As we enter election year in 2020, the pressure has never been higher on our industry to justify what we add to the cost of [...]
28th International Conference On Clinical Pediatrics
2020-04-15 - 2020-04-16    
All Day
It is our great pleasure to invite you to participate in the 28th International Conference on Clinical Pediatrics Clinical Pediatrics 2020 which will take place [...]
5th World Congress On Public Health And Health Care Management
2020-04-16 - 2020-04-17    
All Day
We would like to invite you all people to take part in our Public Health and Health Care Management-2020 Conference in Miami, USA during 16-17 [...]
Topics In Emergency Medicine, Pain Management, And Palliative Care CME Cruise
2020-04-18 - 2020-04-25    
All Day
These set of lectures is designed to provide important updates in emergency medicine with a focus on anticoagulation and the management of venous thromboembolism as [...]
RW- 809th International Conference On Medical And Biosciences ICMBS
2020-04-19 - 2020-04-20    
All Day
RW- 809th International Conference on Medical and Biosciences (ICMBS) is a prestigious event organized with a motivation to provide an excellent international platform for the academicians, researchers, [...]
RF - 627th International Conference On Medical & Health Science - ICMHS 2020
2020-04-20 - 2020-04-21    
All Day
Welcome to the Official Website of the  627th International Conference on Medical & Health Science - ICMHS 2020. It will be held during 20th-21st April, 2020 at San [...]
30th Annual Art And Science Of Health Promotion Conference
2020-04-20 - 2020-04-24    
All Day
Integrating Health Promotion into the Organization’s and Community’s Core Values A common element of virtually every successful health promotion program in workplace, clinical and community [...]
ISER- 796th International Conference On Science, Health And Medicine ICSHM
2020-04-21 - 2020-04-22    
All Day
ISER- 796th International Conference on Science, Health and Medicine ICSHM is a prestigious event organized with a motivation to provide an excellent international platform for [...]
Biomolecular Condensates Summit
2020-04-21 - 2020-04-23    
All Day
An ever-increasing amount of evidence points towards the importance of Biomolecular Condensates function to health and disease. However, with many of the fundamental questions behind [...]
The Middle East Pharma Cold Chain Congress
2020-04-22 - 2020-04-23    
All Day
The pharma sector in the MENA region has witnessed rapid development, which has been largely fueled by high population growth, increased life expectancy coupled with [...]
45th Annual Regional Anesthesiology And Acute Pain Medicine Meeting
2020-04-23 - 2020-04-25    
All Day
ASRA was officially "re-founded" in 1975, led by Alon P. Winnie, MD, who had a dream of a society devoted to teaching regional anesthesia. (An [...]
25th International Conference on Dermatology & Skin Care
2020-04-27 - 2020-04-28    
All Day
About Conference Derma 2020 Derma 2020 welcomes all the attendees, lecturers, patrons and other research expertise from all over the world to 25th International Conference on Dermatology & [...]
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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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