Frost sees strong European HIT growth

AuntMinnie.com staff writers
Feb 19, 2007

The European healthcare information technology (HIT) platform market produced $276.5 million (U.S.) in revenues in 2006, and is expected to reach $526 million in 2013, according to market research and consulting firm Frost & Sullivan.

Increasing integration in the European healthcare industry is creating the need for a single point of contact for HIT systems, which in turn is driving the market for HIT platforms, according to the San Jose, CA-based firm.

Frost said that healthcare providers in Europe are in search of a single, unified platform for clinical and administrative systems. However, the high costs associated with complete overhauls of existing infrastructure are likely to restrain many hospitals from adopting HIT platforms, the company said.

By AuntMinnie.com staff writers
February 20, 2007

Related Reading

European women's imaging market growing, February 14, 2007

Frost forecasts EHR, clinical trial application convergence, January 23, 2007

European ultrasound market heats up, December 19, 2006

Eastern European PACS market to expand, December 5, 2006

Study: U.S. MR market hits $1.4 billion, December 1, 2006

Copyright © 2007 AuntMinnie.com

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