Healthcare is one of the brightest markets across the globe. The number of patients is increasing day by day which seems to be a golden growth opportunity for the segment. On the other hand, some of the major players in the space are also responding well to this boom and are increasing spending in the healthcare segment. The healthcare spending is expected to accelerate by 5.2% between and 2014 and 2018. In our healthcare IT market reports, we are focusing largely on the emergence of various IT technologies such as cloud computing and Hadoop which are influencing the healthcare market in a positive way.
Further, our healthcare IT market reports not only categorize various applications of IT but also tell us that how they are affecting the overall market. Factors such as cohesive government policies, staff shortage and other crunches within digital data storage have opened doors for IT in healthcare and are leading good growth in the healthcare IT market. IT has already found its way in healthcare and is now largely being applied in processes such as EMR, PIS and PACS etc. On the flip side, growth in the healthcare segment is likely to ramp up with an investment of $5.4 billion in the cloud computing space till 2017 in order to add meaningfully to this growing healthcare IT segment.
Trends in healthcare market are also led by growing hybrid cloud market. A lot more can be expected from the hybrid cloud computing as this market is impressively advancing with a CAGR of 27.3% for the next five years and by 2019 the hybrid cloud market is estimated to touch $84.67 billion mark.