The European market for electronic health record systems is expected to grow from $6.8 billion in revenue in 2012 to $8.8 billion in revenue by 2017, according to a report by Kalorama Information, Clinical Innovation & Technology reports.
Factors Contributing to Growth
The report noted that the European EHR market is expected to grow as governments in the region consider partnerships to:
- Establish a more universal network for patient health records; and
- Address rising health care costs and improve care quality.
Challenges Facing European EHR Market
The report also noted that the Europe faces challenges that are hindering the development of a universal EHR system, such as limitations in:
- Financial and professional resources; and
- The ability of EHR vendors to adapt to different languages and sets of regulations (Igale, Clinical Innovation & Technology, 10/24).