The global healthcare IT market is prognosticated to be majorly driven by the need to curb healthcare costs while complying with government regulations laid down to ensure the confidentiality, security, and safety of patient data. Players operating in the global healthcare IT market could be advantaged by a reliable growth due to improvement in clinical outcomes and care quality and rising adoption of electronic health record (EHR) and health information exchange (HIE) systems. The ballooning need of healthcare insurance providers to efficiently manage an exhaustive record of reimbursements and claims is prophesied to augur well for the global healthcare IT market.
Although North America had secured a colossal share in the global healthcare IT market in the recent past, Asia Pacific is envisioned to grow at a faster rate on the back of the promotion of e-health platforms through government initiatives, swelling healthcare expenditure, and growing medical tourism.
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