Market Research Logo

Market Entry - Electronic Medical Records Industry in Poland

Market Entry - Electronic Medical Records Industry in Poland

About the Market

The rise in diseases, demand for quality care by patients and the increasing number of hospitals and clinics are paving the way for the overall growth of the global electronic medical record technology. The advent of integrated healthcare services delivery platform with the help of EMR technology has led to the wide popularity of EMR software among hospitals and clinics. Currently, electronic medical record technology is widely used in North America due to the various initiatives taken by the government in the region through ‘The Health Information Technology for Economic and Clinical Health (HITECH) Act of 2009’, which directed the Office of the National Coordinator (ONC) for Health Information Technology to promote the adoption and meaningful use of electronic medical records in the region. Also, there is an incentive plan for hospitals and clinics in the U.S. for facilitating the ‘meaningful use’ of EMR technology. The developed nations of North America EMR market is followed by the Western Europe market as numerous players are expected to enter the North American market over the forecasted period. The emerging regions of Asia-Pacific are expected to be the next lucrative market for EMR companies. Some of the key players identified in the global electronic medical record market report include Cerner Corp, McKesson Corporation, Medical Information Technology Inc., Epic Systems Corporation, NextGen Healthcare Information Systems LLC, Greenway Health LLC and GE Healthcare.

About the Geography

Poland is an eastern European country bordered by Germany and is a part of the E.U. and NATO. It is a parliamentary republic, which gained independence from the Russian empire in 1918.The government of Poland is politically stable and a pro-business. Poland is the largest beneficiary of EU funds and was ranked as the 20th largest recipient of FDI internationally in the World Investment Report, 2015, by UNCTAD.

Poland has been aggressively working on its infrastructure and has the largest consumer market in the newly joined EU countries. It has had a stable economy with current GDP growth rate around 3.5%. The Polish parliament passed laws in 2002, which aided in investment in SEZs and access to the European Union structural funds. The government has taken several measures to ease the process of setting up a business and incentivized companies to invest in Poland. In July 2011, the Act Limiting Administrative Barriers for Citizens and Businesses went into effect, introducing a series of measures designed to diminish the burden of Poland's state bureaucracy. Since 2012, a company can be registered as a limited liability company within 24 hours. SEZs benefit from income tax and real estate tax exemption. In addition, in the case of hiring in regions with high levels of unemployment, companies can benefit from tax reductions. It also follows the EU laws related to copyright and intellectual property.

Corruption has significantly reduced in recent years through a combination of law enforcement action and political will.

Poland follows EU’s trade regulations and with its huge workforce and its proximity to major economic powers like the UK, Germany, and France, it has the potential to be the ideal investment hub in Europe.

Component Name

Unit

GDP (USD billion)

475

GDP Annual Growth Rate

3.1

GDP Per Capita

14581

Employment Rate

63.7

Wages

1035.41

Inflation Rate

-0.5

Consumer Price Index (CPI)

168

Interest Rate

1.5

Balance of Trade (USD million)

-345.14

Business Confidence

3.3

Manufacturing PMI (Index Points)

52.2 Index Points

Ease of Doing Business

25

Competitiveness Rank

36

Corruption Rank

30

Consumer Confidence

-2.4

Consumer Spending (USD billion)

68.196

Corporate Tax Rate

19

Sales Tax Rate

23



The Market Entry Series

Exploring global markets is now recognized as the shortest way to ensure high time to efficiency conversion, when trying to expand revenues past domestic markets, for firms both large and small. Our market entry series, priced suitably low contains the essentials of all the parameters (Refer: Table of Contents) you must be apprised of before you can have a well informed contemplation of a business opportunity in your choice of industry, in your choice of geography.


1. Introduction
1.1 Scope of the Report
1.2 Regional Analysis
1.2.1 PESTLE Analysis
1.2.2 Analysis of Ease of Doing Business
2. Market Dynamics
2.1 Drivers
2.2 Restraints
2.3 Opportunities
3. Market Demand Analysis
3.1 Socio-Economic Segmentation
3.2 Demographic Strengths & Weaknesses
3.3 Spending Patterns
3.4 Target Market Identification
4. Market Size of Electronic medical records Industry (USD millions)
4.1 By Component
4.2 By End User
4.3 By Functionality
4.4 By Applications
4.5 By Type
4.6 By Mode of delivery
5. Market Entry
5.1 Market Entry: The Strategy
5.1.1 Types of Entry Modes, by Market Entry Objectives
5.1.2 Competition Analysis
5.1.2.1 Market Share
5.1.2.2 Strategies Adopted, Recent Events
5.1.3 Pricing Strategy
5.1.4 Supply Chain Analysis
5.1.4.1 Trade (Import-Export Analysis)
5.1.4.2 Distribution Network & Retail Analysis
5.2 Market Entry: The Administration
5.2.1 How to Register a Company (Flowchart)
5.2.2 Registration Processes
5.2.2.1 Ministries Involved
5.2.2.2 Criteria and Conditions
5.2.3 List of Forms & Documents
5.2.4 Product Control Guidelines specified by the Government
6. Sources
7. Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report