
Asia Pacific Medical Document Management Systems Market Report and Forecast 2024-2032
Description
Asia Pacific Medical Document Management Systems Market Report and Forecast 2024-2032
Asia Pacific Medical Document Management Systems Market Report and Forecast 2024-2032
Asia Pacific Medical Document Management Systems Market Outlook
The global medical document management systems market size was valued at USD 0.8 billion in 2023, with Asia Pacific holding a significant market share. It is expected to grow at a CAGR of 14.30% during the forecast period of 2024-2032. The market is poised to secure a value of USD 2.1 billion by 2032, driven by the increasing infrastructure investments and digitisation in the healthcare sector across the region.
Key Takeaways
- In September 2022, Indonesia made it compulsory for all the healthcare facilities in the country to convert from physical medical data to electronic medical records (EMRs) applicable by December 31, 2023. Increasing preference for digital solutions is expected to contribute to Asia Pacific medical document management systems market growth in the forecast period.
- Strategic partnerships between institutions is likely to propel market growth. For instance, Alcatel-Lucent Enterprise (ALE) and the Asian Hospital and Medical Center in Philippines collaborated to offer reliable and secure network solutions to the hospital.
- Government initiatives are impacting the market significantly. The Indian government started incentive schemes to healthcare providers and stakeholders to create as many digital health transactions as possible.
The regional market growth is significantly driven by increasing digitisation. Government awareness and understanding of the benefits of digitization is leading to its increased application in the healthcare sector. This can be attributed to the ability of digital systems to streamline processes, reduce paperwork, and lead to better resource management within hospitals enables better document management. For instance, Indonesia mandated the transition from traditional paperwork to electronic medical records applicable by December 31, 2023. This new regulation aligns well with Indonesia's health transformation strategy, focusing on leveraging digital technologies to enhance healthcare services for better patient outcomes. The adoption of EMRs is expected to improve the quality of healthcare services in the region with reduced time, cost, and manpower that is required to manage health records, boosting the Asia Pacific medical document management systems market growth.
The market is further influenced by strategic collaborations amongst the prominent market players. Such partnerships, intended in the direction of enhancement of existing hospital networks and document management systems are playing a pivotal role in market development. For instance, in November 2023, Alcatel-Lucent Enterprise (ALE), a leading provider of communications, networking, and cloud solutions tailored to customers’ industries, and the Asian Hospital and Medical Center in Philippines partnered to resolve their security concerns and provide enhanced IT infrastructure. With ALE’s reliable network solution, the hospital is now capable of handling more hospital applications that are daily essential tasks including access to electronic medical records (EMR).
The Asia Pacific medical document management systems market share is poised to be significantly driven by government initiatives encouraging the creation and adoption of electronic medical transactions. For instance, in January 2023, the National Health Authority of India declared to offer incentives to healthcare providers and stakeholders of the nation’s health ecosystem who were promoting the creation of digital health records under the Ayushman Bharat Digital Mission (ABDM). The government had set aside an amount of nearly INR 40 million (USD 500,000) for up to 10-bed health facilities, diagnostic centres, and providers of digital solutions, such as HMIS and LMIS. The amount was based on the number of digital health records created and linked to the Ayushman Bharat Health Account. The Indian government decided to provide a sum of about INR 500 million (USD 6 million) under the scheme for up to six months.
Increased investments in boosting the healthcare infrastructure along with integrating latest technologies in the existing solutions is one of the major Asia Pacific medical document management systems market trends. Such initiatives not only play a crucial role in market development but also bring together market players to join the initiative and be a part of this exclusive advancement in the healthcare sector transforming hospitals and their document management systems. It aims to establish patient-centric healthcare and offer best possible outcomes.
Asia Pacific Medical Document Management Systems Market Segmentation
Market Breakup by Product
- Solution and Services
- Patient Medical Records Management
- Admission and Registration Documents Management
- Patient Billing Documents Management
- Others
- Cloud Based
- On-Premises
- Hospitals and Clinics
- Nursing Homes
- Insurance Providers
- Others
- China
- Japan
- ASEAN
- Australia
- India
- Others
The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Cerner Corporation
- Philips Healthcare
- DXC Technology
- GE Healthcare
- Allscripts Healthcare Solutions
- Siemens Healthineers
- NTT Data Corporation
- NextGen Healthcare
- Infinitt Healthcare Co., Ltd.
- Sysmex Corporation
FAQs
- What was the Asia Pacific medical document management systems market forecast outlook for 2024-2032?
- What are the major factors aiding the Asia Pacific medical document management systems market demand?
- What are the major Asia Pacific medical document management systems market trends?
- What are the market segments based on product?
- What are the various applications of these systems in the market?
- What are the various modes of delivery?
- Who are the end users in the market?
- What is the market segmentation by country?
- Who are the key players involved in the Asia Pacific medical document management systems market?
Philips Healthcare, DXC Technology, GE Healthcare, Allscripts Healthcare Solutions, Siemens Healthineers, NTT Data Corporation, NextGen Healthcare, Infinitt Healthcare Co., Ltd., and Sysmex Corporation.
Meta description
The Asia Pacific medical document management systems market size is poised for growth, driven by the expansion of the global market, which was valued at USD 0.8 billion in 2023 and is projected to grow at a CAGR of 11.36% during the forecast period of 2024-2032.
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Table of Contents
140 Pages
- 1 Preface
- 1.1 Objectives of the Study
- 1.2 Key Assumptions
- 1.3 Report Coverage – Key Segmentation and Scope
- 1.4 Research Methodology
- 2 Executive Summary
- 3 Asia Pacific Medical Document Management Systems Market Overview
- 3.1 Asia Pacific Medical Document Management Systems Market Historical Value (2017-2023)
- 3.2 Asia Pacific Medical Document Management Systems Market Forecast Value (2024-2032)
- 4 Asia Pacific Medical Document Management Systems Market Landscape*
- 4.1 Asia Pacific Medical Document Management Systems: Developers Landscape
- 4.1.1 Analysis by Year of Establishment
- 4.1.2 Analysis by Company Size
- 4.1.3 Analysis by Region
- 4.2 Asia Pacific Medical Document Management Systems: Product Landscape
- 4.2.1 Analysis by Product
- 4.2.2 Analysis by Application
- 5 Asia Pacific Medical Document Management Systems Market Dynamics
- 5.1 Market Drivers and Constraints
- 5.2 SWOT Analysis
- 5.2.1 Strengths
- 5.2.2 Weaknesses
- 5.2.3 Opportunities
- 5.2.4 Threats
- 5.3 Porter’s Five Forces Model
- 5.3.1 Bargaining Power of Suppliers
- 5.3.2 Bargaining Power of Buyers
- 5.3.3 Threat of New Entrants
- 5.3.4 Threat of Substitutes
- 5.3.5 Degree of Rivalry
- 5.4 Key Demand Indicators
- 5.5 Key Price Indicators
- 5.6 Industry Events, Initiatives, and Trends
- 5.7 Value Chain Analysis
- 6 Asia Pacific Medical Document Management Systems Market Segmentation (2017-2032)
- 6.1 Asia Pacific Medical Document Management Systems Market (2017-2032) by Product
- 6.1.1 Market Overview
- 6.1.2 Solutions
- 6.1.3 Service
- 6.2 Asia Pacific Medical Document Management Systems Market (2017-2032) by Application
- 6.2.1 Market Overview
- 6.2.2 Patient Medical Records Management
- 6.2.3 Admission and Registration Documents Management
- 6.2.4 Patient Billing Documents Management
- 6.2.5 Others
- 6.3 Asia Pacific Medical Document Management Systems Market (2017-2032) by Mode of Delivery
- 6.3.1 Market Overview
- 6.3.2 Cloud-Based
- 6.3.3 On-Premises
- 6.4 Asia Pacific Medical Document Management Systems Market (2017-2032) by End User
- 6.4.1 Market Overview
- 6.4.2 Hospitals and Clinics
- 6.4.3 Nursing Homes
- 6.4.4 Insurance Providers
- 6.4.5 Others
- 6.5 Asia Pacific Medical Document Management Systems Market (2017-2032) by Country
- 6.5.1 Market Overview
- 6.5.2 China
- 6.5.3 Japan
- 6.5.4 India
- 6.5.5 ASEAN
- 6.5.6 Australia
- 6.5.7 Others
- 7 China Medical Document Management Systems Market Segmentation (2017-2032)
- 7.1 China Medical Document Management Systems Market (2017-2032) by Type
- 7.1.1 Market Overview
- 7.1.2 Solutions
- 7.1.3 Service
- 7.2 China Medical Document Management Systems Market (2017-2032) by Product
- 7.2.1 Market Overview
- 7.2.2 Solutions
- 7.2.3 Service
- 7.3 China Medical Document Management Systems Market (2017-2032) by Application
- 7.3.1 Market Overview
- 7.3.2 Patient Medical Records Management
- 7.3.3 Admission and Registration Documents Management
- 7.3.4 Patient Billing Documents Management
- 7.3.5 Others
- 7.4 China Medical Document Management Systems Market (2017-2032) by Mode of Delivery
- 7.4.1 Market Overview
- 7.4.2 Cloud-Based
- 7.4.3 On-Premises
- 7.5 China Medical Document Management Systems Market (2017-2032) by End User
- 7.5.1 Market Overview
- 7.5.2 Hospitals and Clinics
- 7.5.3 Nursing Homes
- 7.5.4 Insurance Providers
- 7.5.5 Others
- 8 Japan Medical Document Management Systems Market Segmentation (2017-2032)
- 8.1 Japan Medical Document Management Systems Market (2017-2032) by Product
- 8.1.1 Market Overview
- 8.1.2 Solutions
- 8.1.3 Service
- 8.2 Japan Medical Document Management Systems Market (2017-2032) by Application
- 8.2.1 Market Overview
- 8.2.2 Patient Medical Records Management
- 8.2.3 Admission and Registration Documents Management
- 8.2.4 Patient Billing Documents Management
- 8.2.5 Others
- 8.3 Japan Medical Document Management Systems Market (2017-2032) by Mode of Delivery
- 8.3.1 Market Overview
- 8.3.2 Cloud-Based
- 8.3.3 On-Premises
- 8.4 Japan Medical Document Management Systems Market (2017-2032) by End User
- 8.4.1 Market Overview
- 8.4.2 Hospitals and Clinics
- 8.4.3 Nursing Homes
- 8.4.4 Insurance Providers
- 8.4.5 Others
- 9 India Medical Document Management Systems Market Segmentation (2017-2032)
- 9.1 India Medical Document Management Systems Market (2017-2032) by Product
- 9.1.1 Market Overview
- 9.1.2 Solutions
- 9.1.3 Service
- 9.2 India Medical Document Management Systems Market (2017-2032) by Application
- 9.2.1 Market Overview
- 9.2.2 Patient Medical Records Management
- 9.2.3 Admission and Registration Documents Management
- 9.2.4 Patient Billing Documents Management
- 9.2.5 Others
- 9.3 India Medical Document Management Systems Market (2017-2032) by Mode of Delivery
- 9.3.1 Market Overview
- 9.3.2 Cloud-Based
- 9.3.3 On-Premises
- 9.4 India Medical Document Management Systems Market (2017-2032) by End User
- 9.4.1 Market Overview
- 9.4.2 Hospitals and Clinics
- 9.4.3 Nursing Homes
- 9.4.4 Insurance Providers
- 9.4.5 Others
- 10 ASEAN Medical Document Management Systems Market Segmentation (2017-2032)
- 10.1 ASEAN Medical Document Management Systems Market (2017-2032) by Product
- 10.1.1 Market Overview
- 10.1.2 Solutions
- 10.1.3 Service
- 10.2 ASEAN Medical Document Management Systems Market (2017-2032) by Application
- 10.2.1 Market Overview
- 10.2.2 Patient Medical Records Management
- 10.2.3 Admission and Registration Documents Management
- 10.2.4 Patient Billing Documents Management
- 10.2.5 Others
- 10.3 ASEAN Medical Document Management Systems Market (2017-2032) by Mode of Delivery
- 10.3.1 Market Overview
- 10.3.2 Cloud-Based
- 10.3.3 On-Premises
- 10.4 ASEAN Medical Document Management Systems Market (2017-2032) by End User
- 10.4.1 Market Overview
- 10.4.2 Hospitals and Clinics
- 10.4.3 Nursing Homes
- 10.4.4 Insurance Providers
- 10.4.5 Others
- 11 Australia Medical Document Management Systems Market Segmentation (2017-2032)
- 11.1 Australia Medical Document Management Systems Market (2017-2032) by Product
- 11.1.1 Market Overview
- 11.1.2 Solutions
- 11.1.3 Service
- 11.2 Australia Medical Document Management Systems Market (2017-2032) by Application
- 11.2.1 Market Overview
- 11.2.2 Patient Medical Records Management
- 11.2.3 Admission and Registration Documents Management
- 11.2.4 Patient Billing Documents Management
- 11.2.5 Others
- 11.3 Australia Medical Document Management Systems Market (2017-2032) by Mode of Delivery
- 11.3.1 Market Overview
- 11.3.2 Cloud-Based
- 11.3.3 On-Premises
- 11.4 Australia Medical Document Management Systems Market (2017-2032) by End User
- 11.4.1 Market Overview
- 11.4.2 Hospitals and Clinics
- 11.4.3 Nursing Homes
- 11.4.4 Insurance Providers
- 11.4.5 Others
- 12 Regulatory Framework
- 13 Patent Analysis
- 13.1 Analysis by Type of Patent
- 13.2 Analysis by Publication Year
- 13.3 Analysis by Issuing Authority
- 13.4 Analysis by Patent Age
- 13.5 Analysis by CPC Analysis
- 13.6 Analysis by Patent Valuation
- 13.7 Analysis by Key Players
- 14 Grants Analysis
- 14.1 Analysis by Year
- 14.2 Analysis by Amount Awarded
- 14.3 Analysis by Issuing Authority
- 14.4 Analysis by Grant Application
- 14.5 Analysis by Funding Institute
- 14.6 Analysis by Departments
- 14.7 Analysis by Recipient Organization
- 15 Funding and Investment Analysis
- 15.1 Analysis by Funding Instances
- 15.2 Analysis by Type of Funding
- 15.3 Analysis by Funding Amount
- 15.4 Analysis by Leading Players
- 15.5 Analysis by Leading Investors
- 15.6 Analysis by Geography
- 16 Partnership and Collaborations Analysis
- 16.1 Analysis by Partnership Instances
- 16.2 Analysis by Type of Partnership
- 16.3 Analysis by Leading Players
- 16.4 Analysis by Geography
- 17 Supplier Landscape
- 17.1 Market Share by Top 5 Companies
- 17.2 Cerner Corporation
- 17.2.1 Financial Analysis
- 17.2.2 Product Portfolio
- 17.2.3 Demographic Reach and Achievements
- 17.2.4 Mergers and Acquisitions
- 17.2.5 Certifications
- 17.3 Philips Healthcare
- 17.3.1 Financial Analysis
- 17.3.2 Product Portfolio
- 17.3.3 Demographic Reach and Achievements
- 17.3.4 Mergers and Acquisitions
- 17.3.5 Certifications
- 17.4 DXC Technology
- 17.4.1 Financial Analysis
- 17.4.2 Product Portfolio
- 17.4.3 Demographic Reach and Achievements
- 17.4.4 Mergers and Acquisitions
- 17.4.5 Certifications
- 17.5 GE Healthcare
- 17.5.1 Financial Analysis
- 17.5.2 Product Portfolio
- 17.5.3 Demographic Reach and Achievements
- 17.5.4 Mergers and Acquisitions
- 17.5.5 Certifications
- 17.6 Allscripts Healthcare Solutions
- 17.6.1 Financial Analysis
- 17.6.2 Product Portfolio
- 17.6.3 Demographic Reach and Achievements
- 17.6.4 Mergers and Acquisitions
- 17.6.5 Certifications
- 17.7 Siemens Healthineers
- 17.7.1 Financial Analysis
- 17.7.2 Product Portfolio
- 17.7.3 Demographic Reach and Achievements
- 17.7.4 Mergers and Acquisitions
- 17.7.5 Certifications
- 17.8 NTT Data Corporation
- 17.8.1 Financial Analysis
- 17.8.2 Product Portfolio
- 17.8.3 Demographic Reach and Achievements
- 17.8.4 Mergers and Acquisitions
- 17.8.5 Certifications
- 17.9 NextGen Healthcare
- 17.9.1 Financial Analysis
- 17.9.2 Product Portfolio
- 17.9.3 Demographic Reach and Achievements
- 17.9.4 Mergers and Acquisitions
- 17.9.5 Certifications
- 17.10 Infinitt Healthcare Co., Ltd.
- 17.10.1 Financial Analysis
- 17.10.2 Product Portfolio
- 17.10.3 Demographic
- 17.10.4 Mergers and Acquisitions
- 17.10.5 Certifications
- 17.11 Sysmex Corporation
- 17.11.1 Financial Analysis
- 17.11.2 Product Portfolio
- 17.11.3 Demographic Reach and Achievements
- 17.11.4 Mergers and Acquisitions
- 17.11.5 Certifications
- 18 Asia Pacific Medical Document Management Systems Market – Distribution Model (Additional Insight)
- 18.1 Overview
- 18.2 Potential Distributors
- 18.3 Key Parameters for Distribution Partner Assessment
- 19 Key Opinion Leaders (KOL) Insights (Additional Insight)
- 20 Company Competitiveness Analysis (Additional Insight)
- 20.1 Very Small Companies
- 20.2 Small Companies
- 20.3 Mid-Sized Companies
- 20.4 Large Companies
- 20.5 Very Large Companies
- 21 Payment Methods (Additional Insight)
- 21.1 Government Funded
- 21.2 Private Insurance
- 21.3 Out-of-Pocket
- *Additional insights provided are customisable as per client requirements.
- * The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.
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