Non-Clinical Information Systems Market Worth $14873.3 Million in 2018 - New Report by MicroMarket Monitor
(PRWEB) June 09, 2014 -- The global non-clinical information systems market is poised to witness a growth of 6.8% from $10687.8 million in 2013 to $14873.3 million in 2018. In response to the staggering costs of healthcare and ongoing resource shortages, healthcare industry is experimenting with non-clinical information systems like care delivery models and payment reforms. There is an intense pressure to achieve healthcare data interoperability between all the stakeholders. Despite the high priority regarding the security and privacy concerns, NCIS has a slow adoption rate.
Browse through the market data tables, figures and detailed ToC on the “Non-Clinical Information Systems Market”.
Related Reports
North American Non-Clinical Information Systems Market
North America is the largest and is also expected to be the fastest growing NCIS market. The North American NCIS market is growing at 7.2% from $6297.4 million in 2013 to $8905.6 million in 2018. The growth is mainly attributed to the transformation in the healthcare segment and decline in Medicare, Medicaid and commercial reimbursements rates in the U.S. which are forcing hospitals to find areas where they can increase efficiencies and automation to save money. However, the end user market for healthcare IT is highly fragmented and the requirements vary widely as per the end user, hence the customized solutions cost more and it is not possible for some providers to self fund these costs. Also, there is scarcity of resources such as healthcare IT professionals, investments in healthcare IT sector and standard protocols which are the potential hurdle for North American NCIS market.
European Non-Clinical Information Systems Market
Globally, Europe is the second largest market for NCIS and is growing at a CAGR of 6.3% from $2490.3 million in 2013 to $3376.2 million in 2018. The large share is attributed to the rise in adoption of new and updated versions of NCIS solutions. There is a huge unmet demand for new versions of NCIS solutions; to meet these demands new projects have been initiated. After the Eurozone crisis of 2008 the European NCIS market is gradually moving towards the recovery path. During the crisis, the market was affected by low funds allocation to hospitals, slowing down the rate of adoption of NCIS solutions. Besides, healthcare providers in Europe are now undergoing consolidation, and improving purchasing capacity of NCIS solutions.
http://www.micromarketmonitor.com/market/europe-non-clinical-information-systems-1839723480.html
Asian Non-Clinical Information Systems Market
Asia is expected to be the fastest growing Non-clinical Information System (CIS) market, which is growing at a CAGR of 7.2% from $1336.4 million in 2013 to $1892.2 million in 2018. The growth is attributed to the rise in demand of non-clinical information system and financial support from government in implementing HER in small as well as large healthcare industries. Asian NCIS market is likely to grow owing to active adoption of healthcare IT solutions in Japan, Taiwan, South Korea, India, and China. However, lack of standard healthcare protocols, lower budget allocation to hospitals due to economic slowdown for implementing HCIT solution, poor legacy systems which include front office applications, billing systems and other traditional systems, practitioners’ reluctance towards the adoption of IT-based solutions, and shortage of in-house IT expertise in hospitals will remain as the major obstacle for NCIS market to grow across Asian region.
http://www.micromarketmonitor.com/market/asia-non-clinical-information-systems-3351929596.html
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