New report published by Global Info Research which offers insights on the global Healthcare and Medical System Integrators market.
System integration is defined in engineering as the process of bringing together the component sub-systems into one system (an aggregation of subsystems cooperating so that the system is able to deliver the overarching functionality) and ensuring that the subsystems function together as a system, and in information technology as the process of linking together different computing systems and software applications physically or functionally, to act as a coordinated whole.
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Global Healthcare and Medical System Integrators Market: Forecast by Type / Application / Region
The system integrator integrates discrete systems utilizing a variety of techniques such as computer networking, enterprise application integration, business process management or manual programming.
Health care and health systems integration aims to ensure that behavioral health care services are more accessible and connected to the broader health care system.
The integration of health information technology (IT) into primary care includes a variety of electronic methods that are used to manage information about people’s health and health care, for both individual patients and groups of patients. The use of health IT can improve the quality of care, even as it makes health care more cost effective.
Market Segment by Players covers: Johnson Controls, Convergint Technologies, AVI-SPL, AVI Systems, Red Thread Spaces, Whitlock, Yorktel, Ford Audio-Video, Lone Star Communications, CompView, Advanced AV, IVCi LLC, CCS Presentation Systems, Technical Innovation, Signet Electronic Systems, Beacon Communications, All Systems, Sage Technology Solutions, HB Communications, Human Circuit, Genesis Integration, Zdi, Inc., Low Voltage Contractors, DGI Communications, Sensory Technologies.
Market Segment by Types covers, Horizontal Integration, Vertical Integration.
Market Segment by Applications be divided into: Government Hospitals, Private Hospitals & Clinics, Healthcare Organizations.
The global Healthcare and Medical System Integrators market is valued at 1448.51 million USD in 2017 and is expected to reach 2841 million USD by the end of 2023, growing at a CAGR of 11.88% between 2017 and 2023.
Associated benefits such as operational cost reduction, minimizing errors in a medical facility and increased successful outcomes are expected to propel healthcare and medical system integrators industry growth. In addition, favorable government initiatives pertaining to the development of healthcare infrastructure and incorporation of information technology in existing establishments are expected to fuel industry growth over the forecast period.
In 2017, North America accounted for the majority share of the global market followed by Europe and Asia-Pacific. The large share of this region can be attributed to the stringent legislative and accreditation requirements regarding healthcare. The Asia Pacific medical care IT industry is expected to witness a lucrative CAGR from 2017 to 2023 due to the increased incidences of chronic diseases in geriatric as well as in pediatric population, rising awareness about the cost-effectiveness, convenience offered by these technologies, and rising medical expenditure.
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Related Information:
United States Healthcare and Medical System Integrators Market 2018 Forecast to 2023
Europe Healthcare and Medical System Integrators Market 2018 Forecast to 2023
North America Healthcare and Medical System Integrators Market 2018 Forecast to 2023
Asia-Pacific Healthcare and Medical System Integrators Market 2018 Forecast to 2023
China Healthcare and Medical System Integrators Market 2018 Forecast to 2023
EMEA Healthcare and Medical System Integrators Market 2018 Forecast to 2023
Global Healthcare and Medical System Integrators Market 2018 Forecast to 2023
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