China Electronic Records Management Solutions Market Report 2022 to 2030

China Electronic Records Management Solutions Market Analysis

$ 3999

China's electronic records management solutions market size was valued at $xx Mn in 2022 and is estimated to expand at a CAGR of xx% from 2022 to 2030 and will reach $xx Mn in 2030. The market is segmented by solution and deployment. The Chinese government has put in place a number of programs to encourage the use of electronic records management tools. The "Digital China" policy, for instance, seeks to digitize all governmental services and encourage the growth of digital infrastructure. The key market players are Wuhan Baocheng Technology, Beijing Wisdom Watch Information Technology, Beijing Sanxia Technology Development, and others.

ID: IN10CNDH069 CATEGORY: Digital Health GEOGRAPHY: China AUTHOR: Chandani Patel

Buy Now

China Electronic Records Management Solutions Market Executive Summary

China's electronic records management solutions market size was valued at $xx Mn in 2022 and is estimated to expand at a CAGR of xx% from 2022 to 2030 and will reach $xx Mn in 2030. Over the last ten years, China has seen a sharp rise in its healthcare spending. The National Bureau of Statistics of China reports that healthcare spending in China increased by 7.8% from the previous year to CNY 8.4 trillion (USD 1.2 trillion) in 2020.

Solutions for electronic records management (ERMS) are essential for raising the effectiveness and standard of healthcare in China. Healthcare professionals can more readily access and share patient information by digitizing medical records with the use of ERMS, which could result in quicker and more precise diagnosis and treatment.

The Chinese government has launched a number of initiatives to encourage the implementation of ERMS because it recognizes its value in the healthcare industry. For instance, the National Health Commission has created criteria for electronic health records, and the Ministry of Industry and Information Technology has published recommendations on the creation of electronic medical records. In addition to domestic firms, a number of foreign businesses are also present and engaged in the Chinese ERMS industry. For instance, Siemens Healthineers and Mindray Medical, a major producer of medical equipment in China, have formed a joint venture to create digital healthcare solutions, such as ERMS. In general, enterprises in the healthcare information technology sector have a lot of potential due to China's rising healthcare spending and the expanding use of ERMS.

Market Dynamics

Market Growth Drivers

The Chinese government has put in place a number of programs to encourage the use of electronic records management tools. The "Digital China" policy, for instance, seeks to digitize all governmental services and encourage the growth of digital infrastructure. Electronic records management solutions are in high demand as a result of this.

Furthermore, Chinese businesses are having trouble managing and storing their records due to the recent explosion in data. Large volumes of data may be stored, arranged, and managed more effectively and economically with the help of electronic records management technologies. Additionally, a number of laws in China mandate that businesses keep accurate records and guarantee data security. By offering safe record storage and retrieval, electronic records management solutions can assist businesses in adhering to these laws. Organizations can enhance efficiency and streamline their workflows with the aid of electronic records management systems.

Organizations can also save time and resources by automating procedures like document management and records retrieval. Organizations can cut costs associated with paper-based records management, such as printing and storage, with the aid of electronic records management systems. Additionally, by ensuring adherence to pertinent regulations, electronic records management solutions can assist organizations in avoiding expensive legal and regulatory fines.

Market Restraints

The high implementation costs of ERMS systems, which may be out of the pricing range of small and medium-sized businesses, are one of the main difficulties for the ERMS market in China. The development of the ERMS sector in China may also be hampered by organisations' lack of knowledge of the advantages of ERMS and their reluctance to abandon conventional paper-based record-keeping methods.

Competitive Landscape

Key Players

Shenzhen Zijin Cheng Technology
Shanghai iGeneTech
Beijing PuriFile Information Technology
Beijing Lianzhi Huixin Technology
Hangzhou Jiebao Technology
Shenzhen Zhixin Data Technology
Shenzhen ZhiYun Technology
Wuhan Baocheng Technology
Beijing Wisdom Watch Information Technology
Beijing Sanxia Technology Development

Recent Developments

August 2021: Alibaba Cloud and China National Building Material Company established a partnership to develop a digital platform for construction projects that includes electronic records management.
July 2021: JD.com, a massive Chinese online retailer, made an investment in Shiwu Technology, a firm that offers services for electronic document management.
June 2021: The People's Bank of China and Baidu Cloud announced a partnership to create a blockchain-based platform for electronic invoices that would also support electronic records management.

Healthcare Policies and Regulatory Landscape

A number of laws and regulations apply in China to electronic records management solutions. The following are some of the main laws that apply to electronic records management systems in China:

Electronic Signature Law - This law regulates the use of digital signatures in electronic records management in China
Cybersecurity Law - This law offers guidelines for the management of electronic records and strives to safeguard sensitive data and personal information in cyberspace. The management and maintenance of archives, including electronic records, are governed by the Archives Law.
Measures for the Management of Electronic Records of State Organs - This rule offers comprehensive instructions on how government organizations should handle their electronic records. The standards for the storage, retention, and retrieval of electronic records are outlined in the National Standard of the People's Republic of China.
Regulations for the Management of Electronic Records in Organisations and Institutions - These regulations offer direction.

1. Executive Summary
1.1 Digital Health Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Digital Health Policy in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

China Electronic Records Management Solutions Market Segmentation

By Solution

The Electronic Records Management Solutions market can be segmented by solution into software, services, installation & integration, consulting, and training. Software solutions include ERMS software that manages electronic records across their lifecycle. Services include a range of offerings related to ERMS solutions, including implementation, customization, maintenance, and support. Installation & integration includes services related to the installation and integration of ERMS solutions with existing IT systems. Consulting services include needs assessment, business process analysis, and solution design. Training services include end-user training and system administrator training

Software
Service
Installation & Integration
Consulting
Training

By Deployment

On-premise solutions involve the installation and use of ERMS software on the organization's own servers and hardware infrastructure. This deployment method provides organizations with greater control over their data and systems, as well as the ability to customize the software to meet their specific needs.

Cloud-based solutions involve the use of ERMS software that is hosted on the vendor's servers and accessed over the internet. This deployment method offers organizations greater flexibility, scalability, and cost-effectiveness, as they do not need to invest in their own hardware infrastructure and can access the software from anywhere with an internet connection.

On-premise
Cloud-based

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.