Elizabeth Leigh
New RNCOS research has earmarked a compound annual growth rate of 10% for healthcare information technology in the U.S. from 2014 to 2018, thanks to greater collaboration among industry players, updated systems and tighter compliance rules.
Increasing mergers and acquisitions activity also plays a role in the upbeat forecast as competing companies close ranks over other participants and expand their market share, the research and consultancy firm said Wednesday.
The report, entitled “U.S. Healthcare IT Market Outlook 2018,” highlighted the heavy government support that is contributing to the growth spurt, from incentive programs and stricter regulations to technological advances that simplify and enhance the work.
The study offers analysis of the state of the healthcare IT industry in the U.S., its market segments and components, and future growth areas.
“Further, we have covered an in-depth analysis of competitive landscape covering business overview, key financials, strength & weakness analysis and recent developments of major healthcare IT vendors of the country,” RNCOS said.”
“Overall, the report provides a comprehensive view into the state of country’s healthcare IT industry which would facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry,” it added.
