Demand for HIT services grows in Europe

Providers of healthcare IT professional services in Europe earned $2.19 billion in revenue in 2008, and the market is expected to reach $3.64 billion in sales in 2015, according to a new report from market research firm Frost & Sullivan.

The demand for services for healthcare IT consulting, training, operations and maintenance, and technical customer services support are steadily increasing, with a compound annual growth rate of more than 7% projected by 2015. The support and maintenance services segment for healthcare IT is expected to account for more than 50% of the market.

Scarcity of professionals with expertise in both healthcare and IT sectors, and the high cost for these services, are currently constraining market growth, according to S. Priyan Viswanathan, senior research analyst at Frost & Sullivan's London office.

Early customized and adaptable training services with appreciable postsale support and maintenance services are expected to boost customer retention, system utilization, and overall growth of the market, Frost & Sullivan said.

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