Emerging trends show that developed Asian markets like Singapore, Taiwan, Korea and Hong Kong, are providing higher quality of public healthcare, despite spending lesser on healthcare IT than their counterparts. Also evident is the fact that India is the fastest growing healthcare market, with growth forecast of 22% (CAGR), ahead of China and Vietnam.
According to Springboard Research (a global IT market research firm), the total market for health IT in Asia is expected to reach $4.83 billion by 2010.
In case of India, healthcare accessibility is quite lower due to many barriers – geographic, economic and social. Not to mention the inherent weaknesses of the public healthcare system. In our ‘Applications’ section, the article on Spatial Health Management Information System explores the public health scenario in India, hindrance to its progress, and proposes a GIS-based IT system for better governance of public health.
The HealthIT Executive Summit organised by Frost & Sullivan in Goa witnessed encouraging participation from senior executives of Tier I public and private healthcare institutions, government departments and the IT industry. Do read the exclusive report.
It is a pleasure to announce that starting from this issue we have expanded the scope of our ‘Product Profile’ section to include software solutions.
If you are in healthcare business and planning your IT strategies, the ‘Perspective’ section is your must read. Asclepius Consulting