Digital Healthcare - Global Electronic Health Records Market | An Aranca Infographic

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©2014 Aranca. All Rights Reserved. www.aranca.com If you wish to reproduce or use this infographic in any format, please email us at [email protected] The adoption of EHRs would continue to rise over the next few years as healthcare institutions focus on providing on-time, quality healthcare to patients. The US and other developed economies in Western Europe would mainly drive the trend, whereas uptake in developing countries is expected to be considerably slower. Despite the current growth trend, long-term outlook for the industry depends on the ability of healthcare service providers to achieve sustainable returns on their investments in EHR systems. Aranca’s Views Compiled by: Swati Sinha Source: IDC, Gartner, Center for Disease Control and Prevention and Accenture Adoption of EHR in the EMEA region was inhibited due to slow economic recovery. However, the market for EHR is expected to expand from ~$6.5 billion in 2014 to over $7 billion in 2015. Government funding is expected to drive the growth of the EHR market in Europe. In the UK, Europe’s largest EHR market, adoption will get a boost thanks to the National Health Service’s (NHS) plans on going paperless by 2018. The growth of the EHR market in the Asia-Pacific region will be mainly led by Japan and Australia By 2015, the global EHR market is expected to reach $22.3 billion. The US would continue to remain the largest market growing annually at ~7.1% to reach $9.3 billion in 2015. The growth would primarily be driven by governments enforcing the use of EHRs in place of paper medical records Global EHR market was estimated at $19.8 billion in 2013 with Health Maintenance Organizations (HMOs) being the largest end users followed by community health centres. EHRs are real-time, patient-centered records that make patient information available to authorized users instantly and in a secured manner Global Electronic Health Records Market Adoption by Type of Healthcare Facility in the US (2011) Global EHR Market Share (As of 2012) 3.1 3.3 3.8 4.1 6.6 6.5 6.5 7.1 9.1 10.0 10.6 11.1 APAC EMEA Americas (In billions) 18.8 19.8 20.9 22.3 24% 13% 10% 9% 6% 3% Others 2012 2013E 2014F 2015F 14% 21% Health Maintenance Organizations Community Health Centres Academic Health Centres Physician Owned Hospitals / Clinics 100% 73% 69% 49% The global electronic health records (EHRs) market is witnessing good growth and is poised to touch $22.3 billion by the end of 2015. Digital Healthcare

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The global electronic health records (EHRs) market is estimated to reach $22.3 billion by the end of 2015. The US and other developed economies in western union would mainly drive the trends as the healthcare institution focus on providing on-time, quality healthcare to patients.

Transcript of Digital Healthcare - Global Electronic Health Records Market | An Aranca Infographic

Page 1: Digital Healthcare - Global Electronic Health Records Market | An Aranca Infographic

©2014 Aranca. All Rights Reserved. www.aranca.comIf you wish to reproduce or use this infographic in any format, please email us at [email protected]

The adoption of EHRs would continue to rise over the next few years as healthcare institutions

focus on providing on-time, quality healthcare to patients. The US and other developed

economies in Western Europe would mainly drive the trend, whereas uptake in developing

countries is expected to be considerably slower. Despite the current growth trend, long-term

outlook for the industry depends on the ability of healthcare service providers to achieve

sustainable returns on their investments in EHR systems.

Aranca’s Views

Compiled by: Swati Sinha

Source: IDC, Gartner, Center for Disease Control and Prevention and Accenture

Adoption of EHR in the EMEA region was inhibited due to slow economic recovery. However, the market for EHR is expected to expand from ~$6.5 billion in 2014 to over $7 billion in 2015. Government funding is expected to drive the growth of the EHR market in Europe. In the UK, Europe’s largest EHR market, adoption will get a boost thanks to the National Health Service’s (NHS) plans on going paperless by 2018. The growth of the EHR market in the Asia-Pacific region will be mainly led by Japan and Australia

By 2015, the global EHR market is expected to reach $22.3 billion. The US would continue to remain the largest market growing annually at ~7.1% to reach $9.3 billion in 2015. The growth would primarily be driven by governments enforcing the use of EHRs in place of paper medical records

Global EHR market was estimated at $19.8 billion in 2013 with Health Maintenance Organizations (HMOs) being the largest end users followed by community health centres.

EHRs are real-time, patient-centered records that make patient information available to authorized users instantly and in a secured manner

Global Electronic Health Records Market

Adoption by Type of Healthcare Facility in the US (2011)

Global EHR Market Share (As of 2012)

3.1 3.3 3.8 4.1

6.6 6.5 6.5 7.1

9.1 10.0 10.6 11.1

APAC EMEA Americas

(In b

illio

ns) 18.8 19.8 20.9

22.3

24%

13%

10%

9%

6%

3% Others

2012 2013E 2014F 2015F

14%

21%

Health Maintenance Organizations

Community Health Centres

Academic Health Centres

Physician Owned Hospitals / Clinics

100% 73% 69% 49%

The global electronic health records (EHRs) market is witnessing good growth and is poised to touch $22.3 billion by the end of 2015.

Digital Healthcare