24 Mar 2021

New IDC Report Says Healthcare Organizations in Asia/Pacific are Planning to have Increased IT Spend to Prepare for the Next Normal

NEW DELHI, March 24, 2021 – A new report by International Data Corporation’s (IDC) Healthcare Insights domain, says that more than 45% of the healthcare organizations in the Asia/Pacific are planning to have increased IT spend to prepare for the next normal. Hence, it is imperative for both, technology providers and healthcare provider CIOs, to understand the potential investment areas as early as possible.

The report ‘India Healthcare Sector: Defining the Path Ahead ’ (Doc # AP47478721) underlines that the COVID-19 outbreak became a test of resiliency, particularly for the healthcare sector. The Indian healthcare organizations survived the impact, proving their resiliency through technological adoptions. In the first instance, efforts were focused to establish accessibility of care. As a result, telemedicine became the front-runner in establishing remote doctor-patient connect. Moving forward, the Indian healthcare sector will have to leverage the digital acceleration created by the pandemic-related constraints toward remote monitoring and enhanced access to care.

This market note focuses on IDC’s viewpoints on the path ahead for the healthcare organizations in India. Other highlights are:

• IDC’s 2020 COVID-19 Impact Survey (Wave 15) showed that 70% of Asia/Pacific healthcare organizations are either returning to growth or on their way to the next normal as proof of survival and resiliency.

• About 46% of healthcare organizations in the region believed that resiliency is tightly linked with introducing new business model innovation.

"It is clear that the IT spend by the healthcare providers is set to increase in 2021, particularly on technologies such as artificial intelligence (AI) and Internet of Things (IoT). This is the time tech providers prioritize increased collaboration with tech buyers to have a clear understanding of the patient touchpoints to be addressed. Although technology plays a vital role in successfully designing a solution, moving ahead, tech providers and start-ups should focus on user-friendliness and regulatory compliance in their solutions to ensure acceptability and scalability," says Manoj Vallikkat, research manager, IDC Asia/Pacific Healthcare Insights.

*Asia Pacific excluding Japan (APEJ)

- Ends -

For more information on this report, please contact, Gerald Wang at gwang@idc.com  or Manoj Vallikkat at mvallikkat@idc.com . For more information about IDC's tracker products and research services, please contact Shivani Anand at sanand@idc.com . You can also follow IDC India’s Twitter and LinkedIn pages for regular updates.

About IDC Health Insights

IDC Health Insights assists health businesses and IT leaders, in making more effective technology decision by providing insightful fact-based research and consulting services. Our global research analyzes and advises on business and technology issues facing the payer, provider and life sciences industries.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC   and LinkedIn. Subscribe to the IDC Blog for industry news and insights: http://bit.ly/IDCBlog_Subscribe.

All product and company names may be trademarks or registered trademarks of their respective holders.

Coverage