Healthcare IT Outsourcing Market Growth, Trend, Price and Forcast Leading Healthcare IT Outsourcing Providers to Gai | Page 2

cultural differences and language barriers are also anticipated to restrict the market’s growth in the coming years. North America to Remain Market Leader, Asia Pacific to Report Fastest Rise In spite of these hindrances, the worldwide market for healthcare IT outsourcing will report a tremendous rise in the coming years. According to TMR’s estimations, the opportunity in this market that stood at US$34 bn in 2014 and is likely to increase at a CAGR of 6.70% during the period from 2015 to 2023 and to touch a projected valuation of US$61.2 bn by the end of the forecast period. North America emerged as the leader in 2014 with a share of more than 40% in the global market and is likely to remain dominant over the next few years. Asia Pacific, however, is projected to record the fastest rise at a CAGR of 10.50% between 2015 and 2023 among all the regional healthcare IT outsourcing markets. Healthcare providers have surfaced as the leading end user of healthcare IT outsourcing across the world. However, the demand from healthcare payers is anticipated to exceed that of the former over the forecast period. Among healthcare IT outsourcing applications, healthcare administration enjoys the highest demand at present. However, due to the increasing patient pool and the growing demand for quality care services, globally, the care management application is expected to witness the fastest growth rate in the coming years. The study presented here is based on a report by Transparency Market Research (TMR) titled “Healthcare IT Outsourcing - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” Browse full report @ http://www.transparencymarketresearch.com/healthcare-it-outsourcing- market.html The global healthcare IT outsourcing market is segmented as below: By Application  Care Management  Administration  IT Infrastructure Management By End-use  Healthcare Payers  Healthcare Providers By Region  North America  Europe  Asia Pacific