May 20166 Editor-in-ChiefManaging EditorEditorial StaffSales Mailing AddressTo subscribe to APACCIOOutlookVisualizersAPACCIOOutlook44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538Visit www.apacciooutlook.comPraveen C PStephen ThomasLarry KohenRachi V SharmaCopyright © 2016 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.May 19 2016, Volume 2 SE 25 Published by ValleyMedia Inc.Vanessa StewartRandy GomesMadhurima RoyVikesh ShetDean AmbrosAshwani KumarDave Barcodave@apacciooutlook.com852-8191-6185EditorialThe global healthcare market has been growing at breakneck speed and its APAC counterpart has been keeping constant pace with the global growth. Healthcare spending in APAC is expected to reach $2.21 trillion by 2018, witnessing a growth of CAGR 10.5 percent over the next five years. China, Japan and India will be the largest contributors of APAC healthcare expenditure. This exponential rise in healthcare expenditure can be attributed to various factors, a major one being APAC's demographic and population. Being one of the most densely populated regions of the world, the region was also home to 2.3 billion people aged above 65 and this number is slated to grow at 11 percent by 2018. The rise of the healthcare sector has also pushed the need for adept healthcare IT solutions to be in place. With major regulatory changes going around, the need to drive down healthcare cost has risen. Additionally, it today's highly digitized world where users have become exceedingly tech savvy, the need for consumerization of healthcare IT has emerged. End users have been claiming ownership of their own wellness and chronic disease management. This trend has compelled healthcare providers to focus on patient satisfaction as a key business driver.Healthcare has been leveraging global technology trends such as mobility, big data, analytics, cloud and social to help healthcare institutions provide better services to their patients. The market is swarming with healthcare technology solution providers who are innovating to make care giving more efficient, convenient and cost effective. The current edition of APAC CIOoutlook brings to you a list of 25 most promising healthcare technology solution providers. These vendors have been at the forefront of strengthening the healthcare ecosystem and helping caregivers gear up to face future challenges. Do let us know your thoughts.Rachi V SharmaManaging Editoreditor@apacciooutlook.comThe Era of Consumerization of Healthcare IT is upon us
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