Vendors need to transform their business models and enhance product capabilities to increase revenue
SINGAPORE, Sept. 4, 2018 /PRNewswire/-- Electronic Medical Record (EMR) and Electronic Health Record (EHR) technologies are making significant impacts on the way healthcare systems improve their capacity to better serve patients across Asia Pacific (APAC).
"The healthcare industry in APAC has started to emphasize more on population health management, proactive and predictive medicine, and evidence-based care. The need to integrate clinically significant patient information from all sources, clinical information systems, non-clinical information systems, and external sources with EMRs to create this comprehensive data warehouse is growing significantly," said Shalani Andria, Industry Analyst Transformational Health.
"To meet this growing demand and achieve a competitive edge, EMR and EHR solution providers need to provide affordable, highly scalable and interoperable solutions that are also customized for local workflows," she added.
Frost & Sullivan's recent analysis, Future of Electronic Medical Record and Electronic Health Record in Asia-Pacific, Forecast to 2023, focuses on the important trends, growth drivers and restraints, and top growth opportunities in the market through 2023.
For further information on this analysis, please visit: http://frost.ly/2qi
A few of the top growth opportunities examined in this analysis include:
"EMR vendors are evolving from being just EMR solution providers to being providers of completely integrated systems. Their robust EMR solutions - gather data from multiple sources, such as telehealth platforms, non-clinical solutions, genomics, and pharmacy IT, normalize data in different formats, and make it available for other applications such as analytical tools," said Andria.
"These solutions provide more functionality to developed nations that are moving from simply documenting medical records in electronic format to leveraging the data for cost-effective and high-quality healthcare services," she explained.
Future of Electronic Medical Record and Electronic Health Record in Asia-Pacific, Forecast to 2023 is part of Frost & Sullivan's global Transformational Health Growth Partnership Service program.
About Frost & Sullivan
For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Future of Electronic Medical Record and Electronic Health Record in Asia-Pacific, Forecast to 2023PA17-48
Melissa TanCorporate Communications – Asia PacificP: +65 6890 0926F: +65 6890 0999E: email@example.com
View original content:http://www.prnewswire.com/news-releases/emergence-of-new-care-models-to-drive-the-apac-emr-and-ehr-market-towards-us3-62-billion-by-2023--finds-frost--sullivan-300706050.html
SOURCE Frost & Sullivan
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