The Germany Electronic Health Record (EHR) market size was valued at $1.02 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 2.2% from 2022 to 2030 and will reach $1.23 Bn in 2030. Germany's EHR market will grow due to a growing desire to centralize and streamline healthcare administration. The key market players are Siemens Healthineers, Cerner, Allgeier, CompuGroup Medical, and others.
The Germany Electronic Health Record market size was valued at $1.02 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 2.2% from 2022 to 2030 and will reach $1.23 Bn in 2030. Germany is considered to have one of the most advanced digital health systems in the world, with significant investments in digital health technologies and infrastructure. According to a report by the German Association of the Digital Economy (BVDW), in 2019, German companies invested around $3.05 Bn in digital health. Additionally, the German government has also made significant investments in digital health, with a budget of $4.36 Bn for the implementation of digital health technologies in the country.
Electronic Health Records (EHRs) have been a key focus area for the German healthcare system in recent years. The German government has implemented several initiatives and programs to support the use and implementation of EHRs in the country. The German EHR system is based on the concept of the "integrated care document" (ICD), which is a comprehensive record of a patient's health information that can be shared between healthcare providers. The ICD is based on international standards, such as the Health Level Seven (HL7) standards.
As of now, EHRs are mandatory for all doctors and healthcare providers in Germany. These records are used by doctors and other healthcare providers to track patient information and communicate with other healthcare providers. The EHRs are also used to support telemedicine, which allows patients to receive medical care remotely. Hence, the EHR market will grow during the forecast period in the nation.
Market Growth Drivers
Over the next few years, demand for electronic health records is expected to increase due to a growing desire to centralize and streamline healthcare administration. A value-based strategy uses the centralization of health information management to standardize procedures, streamline operations, lower costs, and improve patient care.
Due to increasing digitalization, product approvals, product launches, expansion initiatives, acquisitions, collaborations, etc., are projected to have a substantial impact on the demand for electronic health records, driving market expansion.
Market Restraints
The adoption of EHRs is constrained by a few constraints, despite a number of factors encouraging the expansion of the European electronic health records (EHR) market across end-use applications. The high cost of establishing and maintaining EHRs, for instance, is one of the most important concerns. Additionally, the future expansion of the EHR industry in Europe is probably going to be hampered by the lack of IT support in healthcare services.
Key Players
Policy changes and Reimbursement scenario
In Germany, the use and management of electronic health records (EHRs) are governed by a number of laws and regulations, including:
The German Medical Association (BÄK) and the German Federal Chamber of Physicians (Bundesärztekammer) also have guidelines and recommendations for the use of EHRs in the German healthcare system.
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
By Product (Revenue, USD Billion):
Web-based and cloud-based software is more affordable since it saves on additional costs like license fees, regular upgrades, and device upkeep. Additionally, it reduces the need for IT workers because SaaS providers help with software installation, configuration, testing, operation, and upgrades. The cost-effectiveness of cloud-based EHR systems in small healthcare organizations will therefore fuel developments as well as the expansion of the category. MHealth services
By Application Type (Revenue, USD Billion):
Large amounts of patient health data may be stored and processed by EHRs, which aids doctors in automating both financial and operational operations with rapid and simple access. Therefore, integrated EHR and practice management software navigates all tasks, making it easier for front-line healthcare providers to do their jobs, and will therefore drive the segment's revenue during the anticipated time period.
By End User (Revenue, USD Billion):
By 2027, the category of ambulatory surgical centres is expected to rise at a 7.1% annual rate. The acceptance of EHR in these facilities will be fueled by ambulatory surgical centres' growing preference for digital technologies to efficiently manage workflow. These are outpatient facilities offering planned surgeries and same-day surgical services.
Methodology for Database Creation
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