23 October 2008, Pages – 15

Due to deficit of funds, a growing number of public bodies are retreating from the European healthcare industry. As a result, private providers of private insurance are moving into the market, provoking a trend towards privatization. Healthcare reforms and avoidance of lengthy waiting lists are some of the reasons for the formation of private hospital groups. Consolidation in the private sector is creating larger chains, which are forming purchasing groups.

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, which is implemented in major markets like UK, Germany and France.

The report forecasts the IT spending of the Healthcare Industry in Europe over the period 2007-2013. It is meant for IT vendors and intends to help them identify selling opportunities in the Healthcare Industry in Europe. The report identifies key business issues being faced by the Healthcare Industry in Europe.

Further, the identified sales drivers can be used to penetrate these accounts or increase current share of the customer's wallet.