PHILIPPINE IT healthcare spending is expected to hit $60 million in 2019, led by spending from both the private and public sectors, which was in line with regional trends, research firm International Data Corp. (IDC) said.
IDC, which reported that healthcare IT spending last year hit $52.4 million, said the Philippines was poised to hit a compound annual growth rate of 4 percent from 2016 to 2019. This was contained in its Philippines: Healthcare IT Spend Market Analysis, Forecasts and Trends report.
ICD said in a statement that the largest spending group in terms of healthcare IT came from providers, such as hospitals, which accounted for 88 percent of the total pie in 2015. Moreover, spending on the hardware segment is the highest at 79 percent share, with services and software spending ranking second and third. For the full article click here
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