Global Hospital IT Spend

The globalhospital IT spend was estimated to be in the range of $250-280 BN as of 2018. Digitizing patient care, Connected EHR/EMR and predictive analytics are prime areas of investments by hospitals. Over 55% of investments are in the top 5 areas of pain management, EHR, EMR, precision medicine, health analytics, and medical devices.. Healthcare providers are investing heavily in digital data solutions to build an infrastructure that can present, record, and store patient information, and make it accessible from virtually any facility. Healthcare providers are also focusing more on healthcare IoT in recent years for population health management and patient monitoring.

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