European Healthcare IT Professional Services              Market – Prediction and Awareness                               ...
Today’s Presenter                    Functional Expertise                     More than three years of experience in resea...
Focus Points        Scope and Definition        Market Overview        Market Dynamics        Regional Trends        Marke...
Scope and Definition         Description of Market – Healthcare         Information Technology (IT)         professional s...
Market Overview  Market                                                2011 Sales Breakdown by Region  Stage              ...
Major Challenges (Current and Future)•   Complexity due to size and diversity•   Looming privacy and security concerns•   ...
Market DynamicsDependence on ITUp gradation to existing technologyDemand for communication                                ...
Regional Trends                                         There is a high level of                                        lo...
Market Scenario / Competitive Scenario  Key Takeaway: Expect mergers in 2012 as companies attempt to increase local       ...
Three Big Predictions       Newer architecture and delivery models       Consolidation is inevitable       Cost optimizati...
PreparednessRight product mix and focus                Competitive Strategies                              Know your      ...
Conclusions and Implications                      Opportunities galore but                        challenges prevail      ...
Your Feedback is Important to Us          What would you like to see from Frost & Sullivan?Growth Forecasts?Competitive St...
Follow Frost & Sullivan onFacebook, LinkedIn, SlideShare, and Twitter            http://www.facebook.com/FrostandSullivan ...
For Additional InformationJanique Morvan                Noel AndersonCorporate Communications      European Vice President...
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European Healthcare IT Professional Services Market -- Prediction and Awareness

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An analyst briefing on the healthcare IT market in Europe.

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European Healthcare IT Professional Services Market -- Prediction and Awareness

  1. 1. European Healthcare IT Professional Services Market – Prediction and Awareness Somsainathan C.K, Research Analyst Healthcare 24 May 2012© 2012 Frost & Sullivan. All rights reserved. This document contains highly confidential information and is the sole property ofFrost & Sullivan. No part of it may be circulated, quoted, copied or otherwise reproduced without the written approval of Frost & Sullivan.
  2. 2. Today’s Presenter Functional Expertise More than three years of experience in research and consulting with healthcare. Expertise in market analysis and reasoning, gained by working with various clients and doing exploratory research on different topics. Particular expertise in: - Market Analysis on various healthcare IT services and patient monitoring devices - Generating research services, including Market Sizing, Competition Analysis, Product benchmarking and Geographic Analysis - Consulting for clients on market entry strategies and market mapping methodology - Best Practices and Research on Awards. Industry Expertise Experience in covering a broad range of product segments in the patient monitoring domain, leveraging long- standing working relationships market participants and exploring disruptive market trends and features. - Patient Monitoring - Telehealth, Telecare, Telemedicine, Assisted Living Somsainathan.C.K - Data Management Systems Research Analyst What I bring to the Team Efficient delivery of business solutions and market analysis Frost & Sullivan Experience in competition and product analytics Chennai Pragmatic management of information India Management of relationships with market participants Career Highlights Started professional career with Frost & Sullivan in 2007. 2 years of experience in e-marketing and market analysis for various industry segments prior to moving into mainstream research for Healthcare. Education Bachelors of Commerce, University of Madras, Chennai – India Postgraduate Diploma in Business Administration (PGDBA) Symbiosis, Pune – India 2
  3. 3. Focus Points Scope and Definition Market Overview Market Dynamics Regional Trends Market share Three Big Predictions Awareness Conclusions and Implications 3
  4. 4. Scope and Definition Description of Market – Healthcare Information Technology (IT) professional services refers to the services offered to support the IT Regions Covered systems used in an healthcare unit. • Germany **Such services exclude the licensed • France software and hardware. • The United Kingdom (U.K.) • Italy Market Segments – • Spain Consulting, Training, Integration & • Scandinavia Implementation, Support & (Norway, Sweden, Finland and maintenance. Denmark) • Benelux (Belgium, The Netherlands and Luxembourg) 4
  5. 5. Market Overview Market 2011 Sales Breakdown by Region Stage 100% Mature Benelux 2011 Percent Sales Breakdown Scandi Spain Consult 80% Market ing, 7.4 Trainin Italy Revenues g, 6.2 60% France$1.58 B Suppor Integra t and tion & (2011) Mainte Imple nance, mentat Germany 40% Base Year 58.0 ion Market Service Growth Rate s, 28.4 20%3.1 % UK 0% 2011 5
  6. 6. Major Challenges (Current and Future)• Complexity due to size and diversity• Looming privacy and security concerns• Outdated infrastructure• Insufficient technical expertise in the healthcare sector to navigate through complex IT solutions• Presence of strong domestic players 6
  7. 7. Market DynamicsDependence on ITUp gradation to existing technologyDemand for communication Market DriversNeed to achieve better return on investment Healthcare budget deficits Market Restraints Limited added value 7
  8. 8. Regional Trends There is a high level of localization expected in Majority of the growth is More than 85% of the order to be successful in expected to come from hospitals under the NHS the Benelux region. the fast growing trust have access to advance IT systems, making healthcare market of UK an attractive market Sweden Germany is now focused on spending a considerable Higher adoption of amount for the developmentElectronic Medical Records of IT solutions and support (EMR) and the need to activities for healthcare. integrate is helping the IT services market. Spain’s regional Italy’s decentralization communities all model for healthcare is demonstrate a relatively helping the healthcare IT high level of healthcare IT services adoption adoption. 8
  9. 9. Market Scenario / Competitive Scenario Key Takeaway: Expect mergers in 2012 as companies attempt to increase local expertise by taking over smaller regional companies 2011 Percent of Sales Total Healthcare IT Professional Services Market: Europe, 2011 CSC 30.4 BT 2% Tieto 183.7 58.1 Others 12% 4% 487.0 31% Accenture 214.2 13% Atos Others* 356.4 24% 22% Note: All figures are rounded. Source: Frost & Sullivan analysis. 9
  10. 10. Three Big Predictions Newer architecture and delivery models Consolidation is inevitable Cost optimization should remain on top of the agenda for service providers 10
  11. 11. PreparednessRight product mix and focus Competitive Strategies Know your geographic advantage Ready to collaborate Showcase USP (Unique Selling Point) 11
  12. 12. Conclusions and Implications Opportunities galore but challenges prevail Innovation is important more than ever before Increasing demand for customization plays a vital role Understanding the underlying challenges is inevitable for readiness and determines the survival 12
  13. 13. Your Feedback is Important to Us What would you like to see from Frost & Sullivan?Growth Forecasts?Competitive Structure?Emerging Trends?Strategic Recommendations?Other? Please inform us by “Rating” this presentation. 13
  14. 14. Follow Frost & Sullivan onFacebook, LinkedIn, SlideShare, and Twitter http://www.facebook.com/FrostandSullivan http://www.linkedin.com/companies/4506 http://www.slideshare.net/FrostandSullivan http://twitter.com/frost_sullivan 14
  15. 15. For Additional InformationJanique Morvan Noel AndersonCorporate Communications European Vice PresidentHealthcare New Business Development+ 33 (0) 679 22 4142 +44 (0) 207 343 8389janique.morvan@frost.com noel.anderson@frost.comSomsainathan C.K Siddharth SahaResearch Analyst Director of ResearchHealthcare Healthcare91 (0)44 6680 4327 0044 (0) 207 343 8374somsainathan.ck@frost.com siddharth.saha@frost.com

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