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Wednesday, 9 April 2014

Chinese spending the most on healthcare IT in Asia Pacific excluding Japan

IDC Health Insights expects healthcare IT spending in the Asia/Pacific excluding Japan (APEJ) region to show a compound annual growth rate (CAGR) of 8% till 2018. During the same period, the China healthcare sector is to be the fastest growing IT spender in the region, with the highest CAGR of 11.7%.
While the Asia/Pacific countries are very disparate when it comes to infrastructure and IT maturity as well as healthcare systems, every country, whether developed or developing, is looking to create a sustainable healthcare system, says the analyst firm.

According to IDC, the region holds immense potential for the vendor community. "There emerge two clear groups of countries when it comes to IT maturity. Countries where hardware spending comprises more than 50% of the total IT spending are still focused on infrastructure. The mature economies are expected to spend less than 50% on hardware. Where the initial infrastructure investments have been made, the spending pattern shifts to software and services," says Sash Mukherjee, Research Manager, IDC Health Insights, Asia/Pacific.

"Growth will be driven by infrastructural spending in developing countries and collaborative tools in the mature economies."
More spending data is revealed in the IDC Health Insights report, “Asia/ Pacific (Excluding Japan) Healthcare IT Spending 2013-2018” (Doc # AP245894, April 2014).

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