| | May 20158UTLOOK Healthcare Tech Restrained by a maturing U.S. market and countries that are still in economic recovery, growth has and may continue to remain slow for the global market for Electronic Health Records (EHR). As such, innovative solutions will be crucial in a competitive environment with changing needs. Governments and health systems will be better equipped to make a transformational leap towards the next wave of EHR needs if IT vendors embrace interoperability, mobile, cloud and big data. Although the worldwide EHR market is projected to grow at 5.5 percent annually, to $22.3 billion in 2015, Accenture's previous research shows that would represent a slowdown from roughly 9 percent growth during 2010. Despite the slower pace of growth globally, the combined EHR market in North and South America (The Americas) is expected to reach $11.1 billion by the end of 2015, compared to an estimated $4 billion in the Asia Pacific region and $7.1 billion in Europe, the Middle East and Africa (EMEA). Driven by consolidation and the federal Meaningful Use Guidelines, the U.S. is expected to remain the largest EHR market in the Americas and globally, with a projected annual growth rate of 7.1 percent and will total $9.3 billion by the end of 2015. Along with increasing U.S. market demand, Brazil, projected at $0.4 billion, may represent the greatest relative growth opportunity as a country-wide federal initiative, the Unified Health System, is expected to drive 9.7 percent annual growth over the next several years.In EMEA, where a slow economic recovery has inhibited EHR growth in recent years, the market is expected to grow from $6.5 billion in 2014 to $7.1 billion by the end of 2015. Government-funded initiatives are expected to generate the region's most significant EHR growth in the Nordic countries (5.1 percent), United Kingdom (4.1 percent) and Getting EMR Back in the Fast Lane By Kristin Ficery, MD, AccentureU.S. is expected to remain the largest EHR market in the Americas and globally, with a projected annual growth rate of 7.1 percent by the end of 2015IN MY OPINION"
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