Japan Electronic Health Records Market Analysis

Japan Electronic Health Records Market Analysis


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The Japan Electronic Health Record market size was valued at $2.26 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 4% from 2022 to 2030 and will reach $3.09 Bn in 2030. Japan's EHR market growth can be attributed to the increasing adaptation of EHR by hospitals and clinics. The market is segmented by product type, application type, and end user. The key market players are Ujitsu, NEC, M3, NTT Data, and others.

ID: IN10JPDH008 CATEGORY: Digital Health GEOGRAPHY: Japan AUTHOR: Chandani Patel

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Japan Electronic Health Record Market Executive Summary

The Japan Electronic Health Record market size was valued at $2.26 Bn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 4% from 2022 to 2030 and will reach $3.09 Bn in 2030. As of 2021, Japan's healthcare expenditure as a percentage of GDP is around 10%. This is relatively low compared to other developed countries. However, Japan's healthcare system is also known for its efficiency and high quality of care.

The health insurance system has been established to guarantee public health in Japan, fortunately, became the country with the longest life expectancy in the world. According to the 2021 Accenture Health and Life Sciences Experience Survey, the percentage of Japanese institutes' electronic health records is 9%. Research from September to October 2019 found that 63 % of hospitals in Japan have already used the electronic medical records system (EMR). Since the start of the 2000s, the Japanese government has promoted the usage of the system. The report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the Japan EHR market.

japan electronic health records market analysis

Market Dynamics

Market Growth Drivers

By increasing the precision and clarity of medical records, EHR can lower the frequency of medical errors. EHRs provide more comprehensive patient information, enabling doctors to quickly make well-informed care decisions, improve patient care, and lower safety issues. These elements are anticipated to boost EHR adoption.

By automating information access, the electronic health record (EHR) streamlines the clinician's workflow. Through a variety of interfaces, the EHR can directly or indirectly assist other care-related activities like evidence-based decision support, quality monitoring, and outcomes reporting. These benefits are anticipated to propel the EHR industry even more.

The EHR market is also anticipated to be driven by doctors' needs for quick access to patient records.

Market Restraints

There are, several barriers to overcome in the creation of an EHR system. One major problem is the standardization of laboratory test data. Even in the same facility, many test measurements or units have changed over the last thirty years and they need to be calibrated for comparative purposes. Another problem is the right to individual privacy. Patient data must be subjected to a de-identification process to protect the confidentiality of the data. However, a set of data from several laboratories can be used to identify a patient even when personal data is removed. For the purpose of research and the establishment of a real national database, I believe the legislation needs to be amended to allow exceptional use of health records by facilities other than the patient's own facility. Unlike Korea, Japan does not use a social security number or a social health number. The Japanese cabinet has agreed to proceed with the introduction of a social security number but the issue is still controversial and there is no indication when it will be implemented.

Competitive Landscape

Key Players

  • Ujitsu (JPN)
  • NEC (JPN)
  • M3 (JPN)
  • NTT Data (JPN)
  • Toshiba Medical Systems (JPN)
  • Allscripts
  • Cerner
  • Epic Systems
  • eClinicalWorks
  • Athenahealth
  • McKesson
  • Meditech
  • NextGen Healthcare
  • GE Healthcare
  • Siemens Healthineers

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario

Japan has several regulations in place to ensure the safe and secure use of electronic health records (EHRs). Some of the key regulations include:

  1. The Act on the Protection of Personal Information: This law regulates the collection, use, and storage of personal information, including medical information. It requires organizations to obtain consent from individuals before collecting their personal information and to take appropriate measures to protect that information.
  2. The Act on the Use of Numbers to Identify a Specific Individual in Administrative Procedures: This law requires organizations to use unique identification numbers to identify individuals when collecting and sharing personal information, including medical information. The purpose of this is to prevent duplication and to ensure the accuracy of the information.
  3. The Medical Care Act: This law regulates the provision of medical services, including the use of EHRs. It requires healthcare providers to maintain accurate and up-to-date records of patient information and to ensure the confidentiality of that information.
  4. The Act on the Safety of Medical Devices: This law regulates the use of medical devices, including EHR systems. It requires healthcare providers to ensure that the devices they use are safe and effective and to report any adverse events related to the use of those devices.

1. Report Description of the Japan Electronic Health Records Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report

2. Japan Electronic Health Records Market Executive Summary
2.1 Japan Electronic Health Records Market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings

3. Market Dynamics of Japan Electronic Health Records Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis

4. Japan Electronic Health Records Market Segmentation

4.1 By Product
4.1.1 Web/Cloud-based EHR software
4.1.2 On-premise EHR software

4.2 By Application
4.2.1 E-prescription
4.2.2 Practice management
4.2.3 Referral management
4.2.4 Patient management
4.2.5 Population health management
4.2.6 Other

4.3 By End User
4.3.1 Hospitals
4.3.2 Specialty centers
4.3.3 Clinics
4.3.4 Ambulatory surgical centers
4.3.5 Others

5. Japan Electronic Health Records Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue

6. Competitive Landscape
6.1 Major Top Market Players

7. Key Company Profiles

7.1 Company 1
7.1.1 Overview
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives

7.2 Company 2
7.2.1 Overview
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives

7.3 Company 3
7.3.1 Overview
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives

7.4 Company 4
7.4.1 Overview
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives

7.5 Company 5
7.5.1 Overview
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives     

8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Japan
8.2 Regulatory Framework in Japan
8.3 Pricing & Reimbursement Scenario in Japan Electronic Health Records Market

9. Factors Driving Future Growth
9.1 New Trends and Development Japan Electronic Health Records Market
9.2 Future Opportunities

10. Strategic Recommendations

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.

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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

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

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Last updated on: 24 January 2023
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