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  1. Healthcare industry’s IT spend to grow 3.4% to $1.2 billion

Healthcare industry’s IT spend to grow 3.4% to $1.2 billion

Healthcare providers in the country are expected to witness a marginal 3.4 per cent uptick in their IT spend at $1.2 billion this year, Global consultancy firm Gartner today said.

By: | Mumbai | Updated: June 20, 2016 2:27 PM
Hospital Healthcare providers in the country are expected to witness a marginal 3.4 per cent uptick in their IT spend at .2 billion this year. (Reuters)

Healthcare providers in the country are expected to witness a marginal 3.4 per cent uptick in their IT spend at $1.2 billion this year, Global consultancy firm Gartner today said.

“Healthcare providers in India are expected to spend $1.2 billion on IT products and services in 2016, an increase of 3.4 per cent over 2015,” Gartner said in a note.

This includes spending by hospitals, hospital systems, nursing and residential care, university hospitals on internal services, software, IT services, data center systems, devices and telecom services, it added.

Also Read: Indian healthcare to grow to $280 bn by 2020: Report

Gartner’s Principal Research Analyst Moutusi Sau said IT service, which includes consulting, software support, implementation, hardware, IT outsourcing (ITO) and business process outsourcing (BPO), will be the largest sub-category with spend of $339 million, up 5.2 per cent.

From a growth perspective, BPO segment would witness the fastest pace with an estimate of 15.4 per cent, the note said, without sharing an absolute figure.

Software market is expected to grow 6 per cent in 2016 to reach $106 million, up from $100 million in 2015, while infrastructure would grow 4.5 per cent in 2016 to reach $43 million, it said.

The ITO is expected to be the largest sub-segment in IT services, with a 7.5 per cent increase to reach $107 million in 2016, it said.

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