Outsourced healthcare IT industry to grow to $70bn by 2028
The global healthcare IT outsourcing industry is expected to be worth almost $70 billion by 2028 sustained by a compounded annual growth rate of 6.6 per cent.
“The trend of healthcare IT outsourcing solutions has developed dramatically among large firms over the years, and it has also attracted mid-sized businesses.” a research done by market intelligence firm Zion Market revealed.
The growing demand for IT management systems of healthcare companies, back office administration and life science segment are contributing factors that fuel the growth of the healthcare IT outsourcing market.
Zion Market posits that companies’ decision to tap healthcare IT outsourcing services is mainly due to talent shortage, lower operational costs and improved quality of care and clinical results.
The research predicts that the astounding growth of the IT industry in emerging economies in the Asia Pacific region including China, India, Singapore and Indonesia will greatly prop the projected growth of the industry.
