New research from Accenture has predicted an emergence in new offerings that are intended to help expand electronic health records according to market needs.
According to the study, the world’s hospital-based EHR market will reach $22.3 billion by December 2015, a market slowdown at 5 percent growth annually from 9 percent in 2010.
Despite the slower-than-expected outcome, “the market has nowhere to go but up,†Kaveh Safavi, global managing director of Accenture Health, said Monday.
“To be effective, EHR platforms must leverage newer technologies such as analytics and mobility to adapt to the changing needs of patient populations and better connect physicians and patients,†he added.
The report focused on 10 countries—the U.S., Canada, Brazil, the U.K., Germany, France, The Nordics, Spain, Australia and Japan—using market analysis, project experience, third-party analysis and interviews with subject matter experts.
The U.S. is expected to retain its lead as the top EHR market with a projected 7.1 percent annual growth rate for a total of $9.3 billion by December 2015.