Healthcare providers in India to splurge $1.2bn on IT in 2016

BANGALORE, INDIA: Health care providers in India are expected to spend $1.2 billion USD on IT products and services in 2016, an increase of 3.4 percent over 2015, according to Gartner.

The report includes hospitals, hospital systems, nursing and residential care, and university hospitals.

“IT services, which includes consulting, software support, implementation, hardware, IT outsourcing (ITO) and business process outsourcing (BPO), will continue to be the largest overall spending category within the health care providers sector,” said Moutusi Sau, principal research analyst at Gartner. “It is expected to reach $339 million USD in 2016, growing 5.2 percent over 2015."

The BPO sub-segment will record the fastest growth rate of 15.4 percent over 2015.

ITO will be the largest sub-segment in IT services recording a 7.5 percent increase in 2016 to reach $107 million USD in 2016.

The software market will grow 6 percent in 2016 to reach $106 million USD, up from $100 million in 2015.

Infrastructure will grow 4.5 percent in 2016 to reach $43 million USD.