Non-Clinical Information Systems Market by 2018 June 2014 | Page 2

healthcare IT professionals, investments in healthcare IT sector and standard protocols which are the potential hurdle for North American NCIS market. http://www.micromarketmonitor.com/market/north-america-non-clinicalinformation-systems-7552909697.html European Non-Clinical Information Systems Market Globally, Europe is the second largest market for NCIS and is growing at a CAGR of 6.3% from $2490.3 million in 2013 to $3376.2 million in 2018. The large share is attributed to the rise in adoption of new and updated versions of NCIS solutions. There is a huge unmet demand for new versions of NCIS solutions; to meet these demands new projects have been initiated. After the Eurozone crisis of 2008 the European NCIS market is gradually moving towards the recovery path. During the crisis, the market was affected by low funds allocation to hospitals, slowing down the rate of adoption of NCIS solutions. Besides, healthcare providers in Europe are now undergoing consolidation, and improving purchasing capacity of NCIS solutions. http://www.micromarketmonitor.com/market/europe-non-clinicalinformation-systems-1839723480.html Asian Non-Clinical Information Systems Market Asia is expected to be the fastest growing Non-clinical Information System (CIS) market, which is growing at a CAGR of 7.2% from $1336.4 million in 2013 to $1892.2 million in 2018. The growth is attributed to the rise in demand of non-clinical information system and financial support from government in implementing HER in small as well as large healthcare industries. Asian NCIS market is likely to grow owing to active adoption of healthcare IT solutions in Japan, Taiwan, South Korea, India, and China. However, lack of standard healthcare protocols, lower budget allocation to hospitals due to economic slowdown for implementing HCIT solution, poor Email: [email protected] Tel: [phone]