Healthcare IT market in Asia
Total Healthcare IT market in Asia (excluding Japan) was worth $ 2.95bn in 2006 and expected to accelerate with a CAGR of 13.1% to reach $4.83bn 2010. In 2006, China accounted for 46% of the in healthcare IT spending followed by Australia (25%). With almost 60% of population in the age group 15-59 years coupled increasing per capita income, India is expected to be an attractive market with an estimated growth rate of 22%.
Source: Springboard Research –IT market research firm
