Events Calendar

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63rd ACOG ANNUAL MEETING - Annual Clinical and Scientific Meeting
2015-05-02 - 2015-05-06    
All Day
The 2015 Annual Meeting: Something for Every Ob-Gyn The New Year is a time for change! ACOG’s 2015 Annual Clinical and Scientific Meeting, May 2–6, [...]
Third Annual Medical Informatics World Conference 2015
2015-05-04 - 2015-05-05    
All Day
About the Conference Held each year in Boston, Medical Informatics World connects more than 400 healthcare, biomedical science, health informatics, and IT leaders to navigate [...]
Health IT Marketing &PR Conference
2015-05-07 - 2015-05-08    
All Day
The Health IT Marketing and PR Conference (HITMC) is organized by HealthcareScene.com and InfluentialNetworks.com. Healthcare Scene is a network of influential Healthcare IT blogs and health IT career [...]
Becker's Hospital Review 6th Annual Meeting
2015-05-07 - 2015-05-09    
All Day
This ​exclusive ​conference ​brings ​together ​hospital ​business ​and ​strategy ​leaders ​to ​discuss ​how ​to ​improve ​your ​hospital ​and ​its ​bottom ​line ​in ​these ​challenging ​but ​opportunity-filled ​times. The ​best ​minds ​in ​the ​hospital ​field ​will ​discuss ​opportunities ​for ​hospitals ​plus ​provide ​practical ​and ​immediately ​useful ​guidance ​on ​ACOs, ​physician-hospital ​integration, ​improving ​profitability ​and ​key ​specialties. Cancellation ​Policy: ​Written ​cancellation ​requests ​must ​be ​received ​within ​120 ​days ​of ​transaction ​or ​by ​March ​1, ​2015, ​whichever ​is ​first. ​ ​Refunds ​are ​subject ​to ​a ​$100 ​processing ​fee. ​Refunds ​will ​not ​be ​made ​after ​this ​date. Click Here to Register
Big Data & Analytics in Healthcare Summit
2015-05-13 - 2015-05-14    
All Day
Big Data & Analytics in Healthcare Summit "Improve Outcomes with Big Data" May 13–14 Philadelphia, 2015 Why Attend This Summit will bring together healthcare executives [...]
iHT2 Health IT Summit in Boston
2015-05-19 - 2015-05-20    
All Day
iHT2 [eye-h-tee-squared]: 1. an awe-inspiring summit featuring some of the world.s best and brightest. 2. great food for thought that will leave you begging for more. 3. [...]
2015 Convergence Summit
2015-05-26 - 2015-05-28    
All Day
The Convergence Summit is WLSA’s annual flagship event where healthcare, technology and wireless health communication leaders tackle key issues facing the connected health community. WLSA designs [...]
eHealth 2015: Making Connections
2015-05-31    
All Day
e-Health 2015: Making Connections Canada's ONLY National e-Health Conference and Tradeshow WE LOOK FORWARD TO SEEING YOU IN TORONTO! Hotel accommodation The e-Health 2015 Organizing [...]
Events on 2015-05-04
Events on 2015-05-07
Events on 2015-05-13
Events on 2015-05-19
Events on 2015-05-26
2015 Convergence Summit
26 May 15
San Diego
Events on 2015-05-31
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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