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Promise of Cost and Clinical Benefits Fuels Adoption of Healthcare IT Professional Services, States Frost & Sullivan PR Newswire LONDON, Dec. 27, 2012 - Cost-effective solutions will hold greater appeal as healthcare budgets continue to shrink LONDON, Dec. 27, 2012 /PRNewswire/ -- The need to enhance healthcare delivery is driving the market for IT professional services in Europe. Adoption levels are, however, being hampered by budget cuts and end user reluctance to invest in such services. These trends have triggered several changes in the market, including consolidation and the adoption of inorganic growth models. New analysis from Frost & Sullivan (http://www.healthcare.frost.com), Analysis of the European Healthcare IT Professional Services Market, finds that the market earned revenues of $1.58 billion in 2011 and estimates this to reach $1.93 billion in 2017. The research covers consulting, training, integration and implementation as well as support and maintenance services. "Hospitals are now increasingly dependent on IT solutions to support their day-to-day, reduce human errors, limit operational costs and stay ahead in terms of technology," notes Frost & Sullivan Research Analyst Somsainathan C.K. "As the penetration of healthcare IT rises, hospitals are investing in professional services to optimise the use of these solutions." Hospitals, now more than ever before, are recognising the importance of using the right communication and technology solutions.
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