Hospital IT market to top 10B euros by 2020

AuntMinnieEurope.com staff writers

Apr 2, 2017

The hospital IT market for Western Europe is expected to top 10 billion euros by 2020, according to a new report from Frost & Sullivan.

Drivers of market growth include replacing legacy healthcare IT systems, interoperability between health systems, cloud adoption, home health and remote patient monitoring, and more.

Healthcare systems, along with government and regulatory bodies, are urging healthcare providers to implement digital health IT changes across the care continuum, which also affects market growth.

The top investment opportunities for Western Europe are electronic health records (EHRs), RIS/PACS, e-prescribing/dispensing, and health information exchange, the firm said.

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