India Electronic Medical Record Market Size, Share, Opportunities, And Trends By Component (Hardware, Software, Services), Mode Of Delivery (Cloud Based And On-Premise), Type (General EMR And Specialty EMR), And By State – Forecasts From 2021 To 2026

Published:  Apr 2021 Report Code: KSI061610934 Pages: 114

The Indian electronic medical record market is projected to witness a compound annual growth rate of 6.67% to grow to US$314.720 million by 2026, from US$200.240  million in 2019. The Indian electronic medical record market is expected to grow owing to the rapid digitalization happening in the medical sector in India. According to the Future Health Index (FHI) 2019 report, India is leading in the adoption of digital health technology with 76% of healthcare professionals in the country already using digital health records (DHRs) in their practice. Also, with the influx of digital technologies in India such as artificial intelligence, machine learning, cloud computing, and others, the adoption of digitization in the medical sector and electronic medical sector is bound to rise in the coming years. Major companies, hospitals, and firms have been spending a significant sum of capital to adapt and develop digital technologies, related to healthcare. For Instance, JVS Technologies Pvt. Ltd., which has been headquartered in Ahmedabad, Gujarat, has been expanding its presence in the state and globally. The company has been providing high-value and low-cost product catering services to enhancing healthcare and patient care. SoftClinic, one of the major applications of the company, collects, compile and organize patients medical and clinical data, and store it in its server and system.

india electronic medical record market

Indian Government Initiatives To Support Electronic Medical Record Services

The Indian electronic medical record market is expected to surge in the coming years due to the various steps taken by the Government of India to promote electronic medical records in the country. The national e-health Authority of India (NeHA) was set up in the year 2015 under the MoHFW to establish the e-health ecosystem in India. The Ministry of Health and Family Welfare, Government of India stated in 2017 that one of the prime objectives of the NeHA is to lay down data management, privacy and security policies, guidelines, and health records of patients under statutory provisions. Also, MoHFW has put forward a draft for the establishment of an Act called Digital Health Information in Healthcare Security (DISHA) for promotion or adoption of e-health standards. DISHA (2018) is "An Act to provide for the establishment of National and State e-Health Authorities and Health Information Exchanges; to standardize and regulate the processes related to collection, storing, transmission and use of digital health data; and to ensure reliability, data privacy, confidentiality and security of digital health data and such other matters related and incidental thereto". Furthermore, the Government of India has launched the Digital Health Mission which aims to digitize the health records of the Indian population by 2022. National Health Stack, a visionary digital framework is proposed by the National Institution for Transforming India (NITI Aayog). According to NITI Aayog, the National Health Stack (NHS) represents a holistic platform that supports a multitude of health verticals and their disparate branches and is capable of integrating future IT solutions for a sector poised for rapid, disruptive changes and unforeseen twists. It is now conceivable to aim for digital health records for all citizens by the year 2022. All these initiatives by the government are anticipated to bolster the growth of EMR in India during the forecasting period.

State-Wise Analysis

Different state governments in the country had been working to develop and enhance their own state’s electronic medical records system. For Instance, Kerala had successfully collected, placed, and stored electronic health records of 25.8 million people through its own ‘eHealth Project. Kerala’s state government initiative allows people and respective patients to access any government health center and hospital, without any document or papers. Gujarat has been developing and enhancing its electronic medical records system, in the past few years. Gujarat Hospital Management Information system is an electronic service, which is also a state-of-the-art healthcare solution to give and provide better and wider care to patients, by addressing the entire gamut and functional area of hospitals. The major aim of the initiative has been to maintain the electronic medical and health records of patients. The state also has School Health Program, which covers all 26 Districts and its 18,568 villages. The major purpose of the initiative is to maintain the health records of adolescents and children.

Indian Electronic Medical Record Market Scope:

Report Metric Details
 Market size value in 2019  US$200.240 million
 Market size value in 2026  US$314.720 million
 Growth Rate  CAGR of 6.67% from 2019 to 2026
 Base year  2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Million
 Segments covered  Component, Mode Of Delivery, Type, State
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  DocEngage Informatics Pvt. Ltd., Gem3s Technologies Pvt. Ltd, NovoCura Tech   Health Services Pvt. Ltd. (mfine), Practo Technologies Pvt. Ltd., Cerner Healthcare   Solutions Pvt. Ltd., Philips India Limited, Siemens Healthcare Pvt. Ltd., Healthlink   Technologies
 Customization scope  Free report customization with purchase.

 

Segmentation

  • By Component
    • Hardware
    • Software
    • Services
  • By Mode Of Delivery
    • Cloud-Based
    • On-Premise
  • By Type
    • General EMR
    • Specialty EMR
  • By State
    • Delhi
    • Karnataka
    • Maharashtra
    • Gujarat
    • Tamil Nadu
    • Others

1.INTRODUCTION

1.1.Market Definition

1.2.Market Segmentation

 

2.RESEARCH METHODOLOGY 

2.1.Research Data

2.2.Assumptions

 

3.EXECUTIVE SUMMARY

3.1.Research Highlights

 

4.MARKET DYNAMICS

4.1.Market Drivers

4.2.Market Restraints

4.3.Porter’s Five Force Analysis

4.3.1.Bargaining Power of Suppliers

4.3.2.Bargaining Power of Buyers

4.3.3.The threat of New Entrants

4.3.4.Threat of Substitutes

4.3.5.Competitive Rivalry in the Industry

4.4.PESTEL Analysis

 

5.INDIA ELECTRONIC MEDICAL RECORD MARKET BY COMPONENT

5.1.Introduction

5.2.Hardware

5.3.Software

5.4.Service

 

6.INDIA ELECTRONIC MEDICAL RECORD MARKET BY TYPE

6.1.Introduction

6.2.General EMR

6.3.Specialty EMR

 

7.INDIA ELECTRONIC MEDICAL RECORD MARKET BY MODE OF DELIVERY

7.1.Introduction

7.2.Cloud-Based

7.3.On-Premise

 

8.INDIA ELECTRONIC MEDICAL RECORD MARKET BY STATE

8.1.Introduction

8.2.Delhi

8.3.Karnataka

8.4.Maharashtra

8.5.Gujarat

8.6.Tamil Nadu

8.7.Others

 

9.COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1.Major Players and Strategy Analysis

9.2.Emerging Players and Market Lucrativeness

9.3.Mergers, Acquisitions, Agreements, and Collaborations

9.4.Vendor Competitiveness Matrix

 

10.COMPANY PROFILES

10.1.DocEngage Informatics Pvt. Ltd.

10.2.Gem3s Technologies Pvt. Ltd

10.3.NovoCura Tech Health Services Pvt. Ltd. (mfine)

10.4.Practo Technologies Pvt. Ltd.

10.5.Cerner Healthcare Solutions Pvt. Ltd.

10.6.Philips India Limited

10.7.Siemens Healthcare Pvt. Ltd.

10.8.Healthlink Technologies

DocEngage Informatics Pvt. Ltd.

Gem3s Technologies Pvt. Ltd

NovoCura Tech Health Services Pvt. Ltd. (mfine)

Practo Technologies Pvt. Ltd.

Cerner Healthcare Solutions Pvt. Ltd.

Philips India Limited

Siemens Healthcare Pvt. Ltd.

Healthlink Technologies

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