Thailand Electronic Health Records Market Report 2022 to 2030

Thailand Electronic Health Records Market Analysis

$ 3999

Thailand's Electronic Health Record (EHR) market size was valued at $xx Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of xx% from 2022 to 2030 and will reach $xx Bn in 2030. Thailand's EHR market growth is due to government initiatives to promote the use of EHR systems and increasing demand for cost-effective and efficient healthcare services. The market is segmented, by application type, and end user. The key market players are TH Medical, Medix, Medirex Systems, and others.

ID: IN10THDH008 CATEGORY: Digital Health GEOGRAPHY: Thailand AUTHOR: Chandani Patel

Buy Now

Thailand Electronic Health Record (EHR) Market Executive Summary

Thailand's Electronic Health Record (EHR) market size was valued at $xx Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of xx% from 2022 to 2030 and will reach $xx Bn in 2030. In Thailand, the total cost of healthcare is estimated to be $25.3 billion. By 2026, costs are anticipated to rise to $47.9 billion, representing a compound annual growth rate of 6.6% over the previous ten years. The cost of healthcare as a percentage of GDP is likewise high, at 6.6%. Due to the fast rise in demand for medical services and medications since Thailand's Universal Coverage Scheme was first implemented in 2002, the Thai government dedicates roughly 13.3% of its overall budget to public health care. The ageing population of Thailand is another problem; by 2021, 20% of the country's people will be 60 or older.

As part of the Thailand 4.0 policy, the Thailand government introduced a number of telehealth and telemedicine applications between 2018 and 2020, including H4U (a personal health profile app), Smart Health ID (a cloud service for patient administration), and Primary Care Cluster App. Thailand', reveals that the top five healthcare verticals in need of disruptive innovation in Thailand between 2017 and 2020 were primary care, pharmaceuticals, commercial payers, hospitals/health systems, and healthcare IT for vendor technologies such as electronic health records (EHR) and clinical decision support.

The paper-based medical records of a patient are digitally reflected in an electronic medical record. These computerized medical records are meant to raise the standard of care generally. Clinical, monetary, demographic, and healthcare-related data are all coded and found in an electronic medical record.

Due to the growing demand for an integrated healthcare system across various hospitals and clinics, electronic medical records are now more important than ever. The general need for electronic medical records (EMRs), which are used to store important papers concerning a patient's illness, is also increasing as a result of COVID-19's increased data volume and demand for cloud storage. The Thailand EHR market has grown significantly over the last few years, and in the years to come, it is projected to skyrocket.

Market Dynamics

Market Growth Drivers

Government measures to encourage the adoption of EHR systems, rising demand for affordable and effective healthcare services, and rising EHR system awareness among healthcare providers are some of the factors driving the growth of the electronic health record (EHR) market in Thailand.

Through the National Electronic Health Record (NEHR) system, which aspires to construct a national EHR system, the Thai government has been heavily investing in the development and deployment of EHR systems. Due to the increased coordination and continuity of treatment for patients, as well as the increased accessibility and cost of healthcare services, this initiative is anticipated to fuel the expansion of the EHR market in Thailand.

Market Restraints

The lack of standardization and interoperability of EHR systems, a shortage of qualified employees to operate and maintain EHR systems, and worries about data privacy and security are among other factors limiting the EHR market in Thailand. In addition, the high price of EHR systems and the absence of EHR system reimbursement policies may impede market expansion.

EHR market expansion in Thailand is anticipated to be fueled by the Thai government's emphasis on implementing digital health technologies and its investments in their development and implementation.

Competitive Landscape

Key Players

TH Medical
Medix
Medirex Systems
Health Interlink
Allscripts
Cerner
Epic Systems
eClinicalWorks
Athenahealth
McKesson
Meditech
NextGen Healthcare
GE Healthcare
Siemens Healthineers

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario

In Thailand, the use of electronic health records (EHRs) is regulated by the Ministry of Public Health (MOPH). The MOPH has issued guidelines for the implementation and use of EHRs in the country's healthcare system, including standards for data privacy and security.

In 2019, the Thailand government has announced that it will establish a National EHR system and has plans to invest in Electronic Health Record (EHR) systems to improve healthcare quality and make healthcare more efficient, by reducing the administrative burden on healthcare providers.

In addition to MOPH, the Thai Health Informatics Association (THIA) plays an important role in the development and promotion of EHRs in the country. THIA works closely with the government and healthcare providers to promote the use of EHRs and to ensure compliance with national standards.

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

Electronic Health Records Market Segmentation

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

Web/Cloud-based EHR software
On-premise EHR software

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.

E-prescription
Practice management
Referral management
Patient management
Population health management

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.

Hospitals
Specialty centers
Clinics
Ambulatory surgical centers
Others

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.