Abstract
This IDC study presents our forecast for the Canadian healthcare information
technology (IT) market for 2008-2012. On an annual basis, Canada continues to
spend a significant amount of money on healthcare - 10.6% of gross domestic
product (GDP) and more than C$4,867 per person in 2007 - and this is expected
to continue to increase. Hospitals account for more than 30% of this
investment, and Canada' s federal, provincial, and territorial governments are
seeking ways to redefine delivery and funding models in order to improve
patient care and reduce wait times while containing costs.
According to Jan Duffy, senior healthcare analyst, IDC Canada, "There are no
significant healthcare IT investment inhibitors at the macroeconomic level, but
the current environment does present some challenges. Radio frequency
identification (RFID), wireless technologies, and Health 2.0 are making their
mark in the healthcare space, but clinical information systems, electronic
health record solutions, and patient and employee management systems are still
considered to be of great importance. The healthcare marketplace can be a
difficult one to penetrate and sell to successfully, but with the right
partnerships, selling propositions, and of course products that support
healthcare priorities, there is enormous potential for IT vendors to contribute
to the healthcare transformation process."
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