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Mumbai, India, September 28, 2015

Gartner Says Healthcare Providers in India to Spend US $1.2 Billion on IT in 2015

Health care providers in India are expected to spend $1.2 billion US Dollars (USD) on IT products and services in 2015, an increase of 7 percent over 2014, according to Gartner, Inc. This forecast includes spending by healthcare providers (includes hospitals, as well as ambulatory service and physicians practices) on internal services, software, IT servicesdata center, devices and telecom services.

“IT services, which includes consulting, implementation, IT outsourcing (ITO) and business process outsourcing (BPO), will be the largest overall spending category throughout the forecast period within the health care providers sector, “ said Anurag Gupta, research vice president at Gartner. “It is expected to reach $334 million USD in 2015, growing 7 percent over 2014. The BPO sub-segment will record the fastest growth rate of 15 percent over 2014. ITO will be the largest sub-segment in IT services recording a 10 percent increase in 2015 to reach $103 million USD in 2015.”

The software market will grow 6.7 percent in 2015 to reach $102 million USD, up from $96 million in 2014. Vertical specific software (VSS), which includes hospital information system, electronic health/ medical records, health information management, patient financial management, and more, will grow 6 percent in 2015 to reach $28 million USD.

“The growth in the Indian healthcare ICT market will be driven by the private sector mainly focusing in tertiary specialized care, secondary hospital care and the government investments on core public health and primary care across several states,” said Mr. Gupta.

Further information on healthcare providers sector IT spending is available in the Gartner report: Forecast: Enterprise IT spending for the Healthcare Providers Market, Worldwide, 2013-2019, 2Q15 Update. The forecasts provides total enterprise IT spending, including internal spending and multiple lines of detail for spending on hardware, software, IT services, and telecommunications for vertical industries and 43 countries within seven geographies.

Emerging technologies and trends will be discussed at Gartner Symposium/ITxpo 2015, November 2-5 in Goa, India.Members of the media can register for the event by contacting Sony Shetty at sony.shetty@gartner.com.

About Gartner Symposium/ITxpo

Gartner Symposium/ITxpo is the world's most important gathering of CIOs and other senior IT executives. This event delivers independent and objective content with the authority of the world's leading IT research and advisory organization, and provides access to the latest solutions from key technology providers. Gartner's annual Symposium/ITxpo events are key components of attendees' annual planning efforts. IT executives rely on these events to gain insight into how their organizations can use IT to overcome business challenges and improve operational efficiency.

Additional information from the event will be shared on Twitter at http://twitter.com/Gartner_inc and using #GartnerSYM.

Upcoming dates and locations for Gartner Symposium/ITxpo 2015 include:

September 28-30, Cape Town, South Africa

October 4-8, Orlando, Florida

October 19-22, Sao Paulo, Brazil

October 26-29, Gold Coast, Australia

October 28-30, Tokyo, Japan

November 2-5, Goa, India

November 8-12, Barcelona, Spain

About Gartner

Gartner, Inc. (NYSE: IT), is the world’s leading research and advisory company and a member of the S&P 500. We equip business leaders with indispensable insights, advice and tools to achieve their mission-critical priorities today and build the successful organizations of tomorrow.

Our unmatched combination of expert-led, practitioner-sourced and data-driven research steers clients toward the right decisions on the issues that matter most. We are a trusted advisor and objective resource for more than 15,000 organizations in more than 100 countries — across all major functions, in every industry and enterprise size.

To learn more about how we help decision makers fuel the future of business, visit gartner.com.

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