Germany Electronic Health Records Market Analysis

Germany Electronic Health Records Market Analysis


$ 3999

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.

ID: IN10DEDH008 CATEGORY: Digital Health GEOGRAPHY: Germany AUTHOR: Chandani Patel

Buy Now

Germany Electronic Health Record (EHR) Market Executive Summary

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.

germany electronic health record market analysis

Market Dynamics

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.

Competitive Landscape

Key Players

  • Siemens Healthineers
  • Cerner
  • Allgeier
  • CompuGroup Medical
  • Agfa HealthCare
  • T-Systems
  • Medatixx
  • medavis
  • Arvato Systems
  • CompuGroup Medical

Healthcare Policies and Regulatory Landscape

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:

  1. The German Data Protection Act (BDSG): This act regulates the processing of personal data and applies to the handling of personal information in EHRs
  2. The German Telemedicine Act (TelemedG): This act regulates the use of telemedicine, including the use of EHRs in telemedicine
  3. The German Social Code, Book V (SGB V): This act regulates the statutory health insurance system in Germany and includes provisions on the use of EHRs in the healthcare system
  4. The German Medicines Act (AMG): This act regulates the marketing and distribution of medicinal products and includes provisions on the use of EHRs in the pharmaceutical industry
  5. The German Medical Devices Act (MPG): This act regulates the marketing and distribution of medical devices and includes provisions on the use of EHRs in the medical device industry

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

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

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

To request a free sample copy of this report, please complete the form below.


We value your inquiry and offer free customization with every report to fulfil your exact research needs.


This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
  • Comprehensive Market Research Report in PDF and PPT formats

Need more?

  • Ask our analyst how this study was put together to learn more
  • Discuss additional requirements as part of the free customisation
  • Add more countries or regions to the scope 
  • Get answers to specific business questions 
  • Develop the business case to launch the product
  • Find out how this report may influence your business revenue
Last updated on: 31 May 2023
Updated by: Ritu Baliya

Related reports (by category)


Related reports (by geography)


subscribe to our newsletter
up