European Governments Adopting Country-Specific Electronic Health Record Implementation Models

Frost & Sullivan (Mountain View, CA, USA) has released a new analysis of the Electronic Health Records (EHR) market in Europe. The study analyzes the hospital and ambulatory EHR market.

According to the study, the market earned revenues of USD 2.74 billion in 2014, and is expected to reach USD 3.69 billion in 2020. The market is driven by an increasing need for remote monitoring and chronic disease management, an aging population, health information exchanges, real-time patient data management, the transition to personalized healthcare delivery, and an increase in the use of clinical and nonclinical information systems, including scheduling, billing, and patient administration systems.

EHR systems are being adopted faster in large- and medium-size practices. Smaller practices, which have limited budgets, favor subscription-based cloud/web EHR solutions, which do not have large set up costs. The planning and allocation of EHR budgets for EHR has improved, however, most industry players are only just at the beginning of the move to full digitization.

Frost & Sullivan Healthcare research analyst Shruthi Parakkal said, "Healthcare authorities and governments across Europe have begun to realize that EHR implementation is not a one-time process and requires a continuously-evolving strategy to keep pace with market developments. Specifically, there is a need for country-specific implementation models customized to the healthcare environment and regulations rather than a region-wide strategy."

Related Links:
Frost & Sullivan