SAN ANTONIO, Texas, April 27, 2016 (GLOBE NEWSWIRE) -- Verify Markets’ analysis of the Asia Pacific Healthcare IT Integration Market shows that the market is valued at over $120 million in sales for 2015 (http://www.verifymarkets.com/products/2016-asia-pacific-healthcare-it-integration-market). Increasing adoption of various healthcare IT systems in both public and private hospitals in the Asia Pacific region has led to a tremendous generation of healthcare data. Due to the use of numerous best-in-breed systems, hospitals in the Asia Pacific region have faced an enormous challenge in harnessing value from the information collected from such disparate systems. With increasing healthcare costs and rising demand for effective healthcare services, it has become imperative for health systems to achieve efficient integration within hospitals and healthcare organizations.
The maturity of healthcare IT infrastructure in various countries varies immensely in the Asia Pacific region. Countries such as New Zealand, Singapore, Malaysia, and Australia have made tremendous efforts towards achieving healthcare IT integration within hospitals and to provide health information exchange platforms (HIE) within the country. However, health systems in countries including India, Indonesia, Thailand, among others, are yet to embrace and leverage the benefits of healthcare IT integration.
An increasing number of large hospitals in developing countries including China, Indonesia, Philippines, and Thailand are expected to drive the healthcare IT integration market in the Asia Pacific region. Furthermore, continued investments in developed markets including Singapore, Malaysia, New Zealand and Australia towards achieving overall healthcare integration are expected to further boost the growth of this market during the forecast period from 2015 to 2022.
This study provides market sizing and revenue forecasts for the overall healthcare IT integration market in individual countries including China, Australia, New Zealand, Singapore and Malaysia. The report aims to identify varying market conditions in different countries in the Asia Pacific region and provide insights into the healthcare IT integration market in individual countries. A bottom-up approach was enforced during market sizing and forecasting the markets at a country level.
Some of the key players covered in the study include Orion Health Limited, InterSystems Corporation, MuleSoft, Inc., Oracle Corporation and IBM Corporation. Apart from these global companies, the Asia Pacific healthcare IT integration market includes numerous local companies which provide integration services to various small and medium sized hospitals.
The report captures the growth drivers, restraints, trends, market analysis, supplier landscape, latest developments and provides strategic recommendations. The base year of the study is 2015 and revenue forecasts are provided up to 2022 A copy of the Asia Pacific Healthcare IT Integration Market research report can be obtained at http://www.verifymarkets.com. Follow us for more updates on Twitter @verify_markets and LinkedIn: https://www.linkedin.com/company/verify-markets.
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Source: Verify Markets