The IT spending growth in the Malaysian healthcare market



Pending the maturation of the streamlined tailored services, the IT spending in the Malaysian healthcare industry is on exciting curve. A curve feeds by the favorable government legislation and policies; rapid urbanization; the aging population; continued investments into public health and the growing number of private hospitals.

 
As per International Data Corporation ( IDC ) Health Insights , the healthcare IT spending in Malaysia is expected to reach US$126 million in 2019, growing with a compound annual growth rate of 5.8% from 2012 to 2019. 

Once can also observe that, spending on the hardware segment is the highest with services and software spending ranked second and third places.

The country is currently focusing on upgrading existing infrastructure and implementing emerging technologies like cloud, big data analytics, mobility; social and others.

The research also highlights that the rising demand for ease-of-access to care delivery, transparency in billing procedures and mobility solutions for physicians are also factors that will shape the future of IT spending in Malaysia.