India's Healthcare Providers to Spend $1.2 Billion on IT in 2015, Gartner

Bangalore: India’s healthcare providers are expected to spend $1.2 billion on IT products and services in 2015 in order to increase seven percent over 2014. According to Gartner, Inc, the forecast includes spending by healthcare providers including hospitals as well as ambulatory services and physicians practices on internal services, software, IT services, data center, devices and telecom services. 

Founded in 1979 and headquartered in Stamford, Connecticut, USA, Gartner is the world’s leading information technology research and advisory company. The company delivers the technology-related insight necessary for its clients to make the right decisions every day. Partnering with more than 10,000 distinct enterprises worldwide, the company has 6,800 associates, including more than 1,500 research analysts and consultants, and clients in 90 countries.

Concerning the healthcare providers, Dr. Anurag Gupta, Research Vice President, Gartner says, “The largest overall spending category through 2019 within the health care sector will be IT services includes consulting, implementation, IT outsourcing and business process outsourcing. It is expected to reach $317 million in 2015, up from $295 million in 2014 with the consulting segment growing 11 percent”.  

He also added, “Internal services will achieve the highest growth rate amongst the spending categories with a 17 percent increase in 2015 to attain $297 million. Internal services refer to salaries and benefits paid to the information services staff including all company employees to plan, develop, implement and maintain information systems of an organization. The information services staff on Software spending will grow 6.2 percent to reach $103 million in 2015, up from $97 million in 2014, led by growth in vertical specific software”.

“India has a young population and a fast growing middle class. Public healthcare will expand their focus on providing access to the care mainly through primary coverage and leveraging mobile technologies. Whilst private sector will focus on building middle tier and tertiary care facilities mainly for the city dwellers. India’s healthcare technology investments are still very small therefore, we expect providers to benefit by offering low upfront cost, recurring, or outcome based models, especially in core digitization technologies like hospital information systems,” affirmed Dr. Gupta.

 

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