Sunday, December 26, 2010

Healthcare IT Industry Poised for 10 Year Growth Spurt

Healthcare IT Industry Poised for 10 Year Growth Spurt

New York (PRWEB) October 27, 2005

Bolstered by President Bush’s Spring 2004 call for the creation of electronic medical records (EMRs) for most American’s within 10 years, the clinical IT industry is headed for rapid expansion, according to a new report from Kalorama Information.

As hospitals and healthcare providers scramble to implement new technologies which can markedly cut costs and improve care, innovation in the healthcare IT industry—especially in the creation of clinical information systems that have the ability for information to flow among settings of care—is driving dramatic changes in the way healthcare is administered in this country.

Between 10% and 15% of hospitals in the U. S. already have some form of a simple clinical IT system, such as a CPOE (computerized physician order entry) record systems, according to The U. S. Market for Clinical Information Systems. However, this new report predicts that even if only 15% to 20% of hospitals move toward adopting complete, “interoperable” data management systems, a multi-billion dollar market opportunity for the IT industry would be created.

“While IT has been successfully implemented and widely used on the administration side of hospitals for years, and has gained traction in the R&D side of medical science, adoption by actual clinical providers has been slow,” notes Steven Heffner, the Publisher of Kalorama Information. “However, the promise of improved patient care with fewer mistakes and greater efficiencies and cost savings is too big to ignore. In this environment, we should see the use of clinical information systems—particularly EMRs—really take off.”

The U. S. Market for Clinical Information Systems, an in-depth analysis of the current and potential U. S. market for care-related clinical information systems, can be purchased directly from Kalorama Information by clicking http://www. kaloramainformation. com/pub/1099947.html (http://www. kaloramainformation. com/pub/1099947.html). It is also available at MarketResearch. com.

About Kalorama Information

Kalorama Information, a division of MarketResearch. com, supplies the latest in independent market research for the life sciences. For more information, contact Steven Heffner at 212-807-2634 or sheffner@kaloramainformation. com, or visit www. KaloramaInformation. com.

About MarketResearch. com

MarketResearch. com is the leading provider of global market intelligence products and services. With over 91,000 research publications from 350 research publishers, it’s the world’s most extensive database of expert insights on global industries. For more information, contact Tom Ehart at 301-468-3650 x.250 or visit www. MarketResearch. com.