Abstract
Public Sector Remains the Largest Buyer of Healthcare IT in Europe
The European healthcare system is undergoing rapid changes and initiatives such as government-sponsored modernisation plans and mandates to adopt information technology (IT) systems are positively influencing the growth of the healthcare IT hardware, networking and data storage systems markets. However, with almost 75 per cent of healthcare provision in major markets across Europe being controlled by the public sector, spending on information systems is dependent on an assortment of factors such as healthcare budgetary allocations, economic conditions, changing political scenarios and regulatory legislations. In keeping with these market realities, hardware vendors will need to tailor their market approach, keeping in mind that healthcare is not unlike any other public sector in terms of their purchasing strategies.
This Frost & Sullivan research service analyses the European markets for healthcare IT hardware, networks and data storage systems. It examines the business potential of the healthcare IT hardware, networks and data storage systems markets in five major European markets, taking into account the market dynamics and drivers in each region. It further studies the competitive structure of various segments and provides strategic recommendations to capitalise on business opportunities therein.
Need for Better Communication of Medical Information Spurs Growth
Healthcare organisations in Europe are changing the way they conduct business. Communication systems are becoming critical for effective healthcare, as medical staff require speedy access to patient records, clinical data, labs, specialists, patients and each other. The situation is further enhanced by increased patient mobility and the growing need to share information among healthcare organisations across wide areas. Healthcare IT is at the cornerstone of enabling such communications, thus spurring the adoption of healthcare IT hardware, networks and data storage systems.
The development of IT standards by regulatory bodies is another factor driving the healthcare IT market. These standards and regulations dictate the standards for IT infrastructure and data protection along with security are the leading areas of regulatory influence. "As more and more applications are being developed, end users are likely to have to re-evaluate the suitability of their existing infrastructure," says the analyst of this research. "Demand for increased efficiency, improved workflow, cost containment, risk management, and limiting liability are all expected to drive the market forward in the future."
Implementation of Clinical Information Systems Drives Growth
With advances in technology, modern healthcare organizations need to have hardware solutions in place that enable them to take advantage of software capabilities such as remote access, high definition images and point-of-care delivery of patient information. The primary driver of growth in the European healthcare IT hardware, networks and data storage systems market is the active implementation of clinical information systems in major markets such as the United Kingdom, Germany, and France. Also, initiatives such as the national program for information technology (NPfIT) in the United Kingdom and the e-health initiative propagated by the European Commission could further future growth.
While there are several small regional firms that provide systems for the primary care segment, the major market participants in the European markets are multinationals that usually offer a full, end-to-end product portfolio. "The segment of the healthcare IT industry, which is currently witnessing maximum activity is the data storage segment," says the analyst. "While Germany occupies the top slot in terms of market leadership, the United Kingdom is expected to increase its market share due to higher spending under NPfIT."
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Table of Contents
- 1. Executive Summary
- 1. Executive Summary
- 1. Summary of the European healthcare IT hardware networks and data storage systems market
- 1. Executive Summary
- 2. Glossary of Terms
- 1. Glossary of Terms
- 1. Abbreviations
- 1. Glossary of Terms
- 3. Industry Challenges
- 1. Market Challenges and Issues
- 1. Challenges Facing the European Healthcare IT hardware networks and data storage systems market
- 2. Time Frame Analysis
- 1. Time Frame Analysis of Industry Challenges
- 1. Market Challenges and Issues
- 4. Market Engineering Research for the European Healthcare IT Hardware Networks and Data Storage
Systems Market
- 1. Overview of the European Healthcare IT hardware networks and data storage systems market
- 1. Market Overview and Definitions
- 2. Market Engineering Research Measurement System
- 3. Market Drivers
- a. Regulatory Compliance
- b. End-user Demands
- c. Compatibility/Interoperability of Systems
- d. Modern DATA Characteristics
- 4. Market Restraints
- a. Low Financial Allocation for IT in Healthcare
- b. Security/Data Protection
- c. Complexity of Solutions (Prioritising)
- d. Reliability of Systems/Solutions
- e. Staff Training
- 5. Revenue Forecasts
- 6. Geographical Trends
- 7. Trends by Segment
- 8. Technology Trends
- 9. Competitive Structure
- 1. Overview of the European Healthcare IT hardware networks and data storage systems market
- 5. European Healthcare IT Hardware Networks and Data Storage Systems Market - Trends by
Geographical Region
- 1. The Healthcare IT Hardware Networks and Data Storage Systems Market in the United Kingdom
- 1. Market Overview
- 2. Market Opportunities
- 2. The Healthcare IT Hardware Networks and Data Storage Systems Market in Germany
- 1. Market Overview
- 2. Market Opportunities
- 3. The Healthcare IT Hardware Networks and Data Storage Systems Market in France
- 1. Market Overview
- 2. Market Opportunities
- 4. The Healthcare IT Hardware Networks and Data Storage Systems Market in Italy
- 1. Market Overview
- 2. Market Opportunities
- 5. The Healthcare IT Hardware Networks and Data Storage Systems Market in Spain
- 1. Market Overview
- 2. Market Opportunities
- 1. The Healthcare IT Hardware Networks and Data Storage Systems Market in the United Kingdom
- 6. Market Engineering Strategy
- 1. Strategic Recommendations
- 1. Strategic Recommendations for the European Healthcare IT hardware networks and data storage systems market
- 1. Strategic Recommendations
- 7. Frost & Sullivan Awards for the European Healthcare IT Hardware Networks and Data Storage
Systems Market
- 1. Awards for the European Healthcare IT Hardware Networks and Data Storage Systems Market
- 1. Frost & Sullivan Awards
- 2. Technology Innovation Award
- 3. Product Line Strategy Leadership Award
- 4. Market Penetration Leadership Award
- 5. Customer Value Leadership Award
- 1. Awards for the European Healthcare IT Hardware Networks and Data Storage Systems Market
- 8. Database of Key Industry Participants
- 1. Database of Key Industry Participants
- 1. Market Participants in Europe
- 1. Database of Key Industry Participants
- 9. Decision Support Databases
- 1. Databases on Healthcare Infrastructure
- 1. Number of Hospitals in Europe
- 2. Number of Hospital Beds in Europe
- 2. Databases on Healthcare Expenditure
- 1. Government Healthcare Expenditure in Europe
- 2. Private Healthcare Expenditure in Europe
- 3. Healthcare Expenditure as Percentage of GDP
- 1. Databases on Healthcare Infrastructure
List Of Figures
- European Healthcare IT Hardware, Networking and Data Storage Systems markets: Top Four Industry Challenges, 2004-2010
- Healthcare IT Hardware, Networking and Data Storage Systems markets: Top four Industry Challenges Ranked in Order of Impact (Europe), 2004-2010
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Market Drivers Ranked in Order of Impact (Europe), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Market Restraints Ranked in Order of Impact (Europe), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Revenue Forecasts (Europe), 2004-2008
- Healthcare IT Hardware Networks and Data Storage Systems market: Percent of Revenues by Geographic Region (Europe), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Technology Trends Ranked in Order of Impact (Europe), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Competitive Structure (Europe), 2004
- Total European Healthcare IT Hardware, Networking and Data Storage Systems Market: Strategic Recommendations (Europe), 2004
List of Charts
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Market Engineering Measurements (Europe), 2004
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Revenue Forecasts (Europe), 2004-2008
- Healthcare IT Hardware Networks and Data Storage Systems market: Percent of Revenues by Geographic Region (Europe), 2004-2008
- Healthcare IT Hardware Networks and Data Storage Systems market: Revenue Forecast by Segment Type (Europe), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Revenue Forecasts (United Kingdom), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Revenue Forecasts (Germany), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Revenue Forecasts (France), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Revenue Forecasts (Italy), 2004-2008
- Healthcare IT Hardware, Networking and Data Storage Systems Market: Revenue Forecasts (Spain), 2004-2008
