London, 15 May 2015 – Technavio has published a new report on the healthcare IT market in Saudi Arabia, which is expected to grow at a CAGR of nearly 12% from 2015-2019.
Healthcare IT Market: About the Report
Businesses in Saudi Arabia, including the healthcare sector, are currently adopting advanced technologies and IT integration solutions to ease business processes. The government in the region is searching for viable options to organize healthcare delivery and improve the overall quality of patient care.
“The main objective of the government is to digitally integrate 220 hospitals and 2000 primary healthcare centers and hence, they are encouraging the installation of HIS in healthcare institutions to create a comprehensive national healthcare system,” says Faisal Ghaus, Vice President of Technavio.
The new market research report by Technavio also emphasizes the growing use of mobile devices, tablets and PCs that has gained traction among healthcare service providers in Saudi Arabia.
“The vibrant nature of the IT market is reflected in the government’s approval for Apple retail stores to operate in the country.”
Healthcare IT Market: Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and the growth prospects of the healthcare IT market in Saudi Arabia from 2015-2019. To calculate the market size, we consider revenue generated through the sales of IT hardware, software, and services in the healthcare sector.
Key Information Covered in the Report:
Key Vendors:
- GE Healthcare
- IBM Corp.
- Intel Corp.
- InterSystems Corp.
- Oracle Corp.
Market Growth Drivers:
- Government initiatives
- For a full detailed list, view our report.
Market Challenges:
- High initial cost of IT systems
- For a full detailed list, view our report.
Market Trends:
- Emergence of mobile health solutions
- For a full detailed list, view our report.
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