Global Enterprise Content Management Market for Healthcare, Forecast to 2023

Global Enterprise Content Management Market for Healthcare, Forecast to 2023

Healthcare Digitisation, Paperless Drive in Hospitals, and Need for Information Governance Will Yield New Growth Opportunities for Healthcare Content Management Solutions

RELEASE DATE
01-Apr-2019
REGION
North America
Deliverable Type
Market Research
Research Code: MD0E-01-00-00-00
SKU: HC03154-NA-MR_22966
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Description

For over two decades, healthcare systems across the globe have considered digitisation a priority and have invested heavily in eHealth systems. This has resulted in the extensive proliferation of several clinical and non-clinical information systems in healthcare organizations. These information systems are capable of handling structured content generated within the application framework; any unstructured content generated from external sources is excluded from the workflow due to lack of compatibility factors.

In a clinical context, while most electronic medical/health records (EMR/EHR) manage structured content, even the best systems cannot afford to manage unstructured data such as paper documents, faxes, images, photos, and rich multi-media data contents generated across the care setting. In a non-clinical context, ECM solutions complement administrative, operational, and financial information systems in a healthcare enterprise by allowing end users to efficiently aggregate, store, and manage diverse content generated across the enterprise.
Globally, healthcare organizations are struggling to manage patient data and relevant content in a structured format. A robust enterprise content management strategy can help healthcare organizations to streamline the complex process. Therefore, healthcare ECM is becoming crucial in a modern care setting to complement the shortcomings of existing EHR systems. The crucial need to securely access and analyse data along the patient’s care journey is driving demand for new-generation content management technology platforms.

Frost & Sullivan finds that on an average, a modern healthcare organization generates approximately 70–75% of unstructured content from existing clinical and non-clinical information systems. This unstructured content holds most of the critical patient data, which is either lost or omitted during electronic transactions, resulting in uncertainty about inefficient healthcare data management standards. Lack of healthcare content management strategies limits organizational access to valuable information and makes it difficult for clinicians to access the right information at the right time.

Furthermore, the healthcare industry will witness core ECM systems transitioning to enterprise content service platforms with the entire technology framework built around data to support many facets of enterprise content. The data-driven platform will be powered by smart APIs and web services to leverage advanced services such as artificial intelligence (AI), machine-learning (ML), deep-learning (DL), Big Data analytics and intelligent text-mining features for improved healthcare outcomes.

Frost and Sullivan’s new research report titled ‘Global Enterprise Content Management Market for Healthcare, Forecast to 2023’ provides a comprehensive analysis on the global ECM market for healthcare and outlines the competitive landscape, top predictions, global trends, and key growth opportunities. The report also discusses healthcare trends by region based on increasing interest in digital data management. In addition, this report presents information on important companies to keep track of, and lists both established and new enterprises, chosen by Frost & Sullivan’s analytical team.

Key Issues Addressed

  • What are the key market trends and industry dynamics in the enterprise content management market for healthcare? What is the future potential for ECM solutions in healthcare?
  • What is the current market scenario? How much growth is expected? Which are the major market segments? What will be the impact of external trends on each business segment?
  • Who are the major participants in the global ECM market for healthcare? What are their solution and service offerings, product features, capabilities, and technical specifications?
  • What is driving the ECM market for healthcare? What are the restraints impacting growth opportunities for ECM solutions in the global healthcare market?
  • What are the important business model considerations for healthcare stakeholders and providers? Are there any unmet customer needs? Is there an untapped opportunity in this market?
  • Are the existing ECM solutions offered by solution vendors meeting end-user needs? Does it require additional

 

RESEARCH: INFOGRAPHIC

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Table of Contents

Global ECM Market for Healthcare—4-Decade Perspective

Global ECM Market for Healthcare—4-Decade Perspective (continued)

Global Healthcare System—Current Status

Key Findings—Total ECM Market for Healthcare

Study Scope and Segmentation

Key Questions this Study will Answer

Enterprise Content Management for Healthcare—Definitions

Market Engineering Measurements

CEO’s Perspective

Key Findings

Key Findings—Geographic Outlook

Key Findings

Key Findings (continued)

Key Findings (continued)

Key Findings—Healthcare ECM Growth Indicators

Total ECM Market for Healthcare—Segment Maturity Curve

At the Point of Convergence—Enterprise Content Services Platform

Executive Summary—4 Big Predictions

ECM Transition to Enterprise Content Service Platforms

Next-Generation Healthcare Content Service Platform

Future of New-Generation Healthcare Content Services

Evolution of Enterprise Content Management Systems

Healthcare ECM—Product Features Adoption Curve

Analysis of Key in ECM Suite Product Features Required by Providers

Enterprise Imaging and Unified VNA Strategy

Enterprise Imaging and Key Benefits to Providers

Key Technology Enabler For a Holistic Patient View

Top 6 Trends for ECM Vendors in 2019

ECM Platform—Select Use Cases in the Healthcare Industry

Top 6 Factors Influencing Healthcare Content Management

Top Predictions—Healthcare ECM

Market Overview—Definitions

Market Overview—Segmentation

Market Overview—Segmentation (continued)

Key Market Segmentation by Solutions

Market Segmentation by Use Case and Applications

Hospital IT Ecosystem—Clinical and Non-clinical Information Systems

Geographical Opportunity Analysis for Healthcare ECM Systems

Industry Dynamics Impacting HCS Platform Market

EU-General Data Protection Regulation (EU-GDPR)

ECM Helping Providers Comply with EU-GDPR Regulations

Market Drivers

Drivers Explained

Market Restraints

Restraints Explained

Market Engineering Measurements

Forecast Assumptions and Definitions

Forecast Assumptions and Definitions (continued)

Revenue Forecast

Revenue Forecast Discussion

Percent Revenue Forecast by Region

Revenue Forecast by Region

Revenue Forecast Discussion

Pricing Analysis

Pricing Model

Healthcare ECM—Professional Service Contracts Trends

Global Demand Analysis

Demand Analysis Discussion

Competitive Market Structure

Detailed Vendor Segmentation

Detailed Vendor Segmentation—Description

Merger, Acquisition, and Partnership Assessment

Merger, Acquisition, and Partnership Assessment (continued)

More Global Healthcare ECM Vendors

Five Growth Opportunities Critical for Future Success

Strategic Business Imperatives for Success and Growth of Healthcare ECM Vendors

Percent Revenue Forecast by Product Offerings

Percent Revenue Forecast by Product Offerings (continued)

Market Engineering Measurements

Revenue Forecast

Market Engineering Measurements

Revenue Forecast

Percent Revenue Forecast by Software and Professional Services

Percent Revenue Forecast by Segment (continued)

Market Engineering Measurements

Revenue Forecast

Percent Revenue Forecast by Sub-segment

Percent Revenue Forecast by Sub-segment (continued)

On-premise ECM Software Sub-segment for Healthcare—Revenue Forecast

ECM Cloud Services Sub-segment for Healthcare—Revenue Forecast

Market Engineering Measurements

Revenue Forecast

Percent Revenue Forecast by Sub-segment

Percent Revenue Forecast by Sub-segment (continued)

ECM System Implementation and Maintenance Services Sub-segment—Revenue Forecast

ECM System Consulting and Support Services Segment Sub-Segment—Revenue Forecast

US Breakdown—ECM Market for Healthcare

ECM Market for Healthcare—Product Category Maturity

Revenue Forecast—ECM Market for Healthcare in North America

Revenue Forecast by Product Offerings—ECM Market for Healthcare in North America

Revenue Forecast by Software Product and Professional Services—ECM Market for Healthcare in North America

Revenue Forecast by Software Product Segment—ECM Market for Healthcare in North America

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast by Sub-segment

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast Discussion

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast Discussion (continued)

Europe Breakdown—ECM Market for Healthcare

ECM Market for Healthcare—Product Category Maturity

Revenue Forecast—ECM Market for Healthcare in Europe

Revenue Forecast by Region—ECM Market for Healthcare in Europe

Revenue Forecast by Product Offerings—ECM Market for Healthcare in Europe

Revenue Forecast by Software Product and Professional Services—ECM Market for Healthcare in Europe

ECM Software Product Licenses Segment for Healthcare—Revenue Forecast by Sub-Segment

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast by Sub-segment

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast Discussion

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast Discussion (continued)

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast Discussion (continued)

Asia-Pacific—ECM Market for Healthcare

ECM Market for Healthcare—Product Category Maturity

Revenue Forecast—ECM Market for Healthcare in APAC

Revenue Forecast by Region—ECM Market for Healthcare in APAC

Revenue Forecast by Product Offerings—ECM Market for Healthcare in APAC

Revenue Forecast by Software and Professional Services—ECM Market for Healthcare in APAC

ECM Software Product Licenses Segment for Healthcare—Revenue Forecast by Sub-Segment

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast by Sub-segment

ECM Systems Professional Services Segment for Healthcare—Revenue Forecast Discussion

Key Companies to Watch—Global

The Last Word—4 Big Predictions

Legal Disclaimer

List of Acronyms Used

Market Engineering Methodology

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

For over two decades, healthcare systems across the globe have considered digitisation a priority and have invested heavily in eHealth systems. This has resulted in the extensive proliferation of several clinical and non-clinical information systems in healthcare organizations. These information systems are capable of handling structured content generated within the application framework; any unstructured content generated from external sources is excluded from the workflow due to lack of compatibility factors. In a clinical context, while most electronic medical/health records (EMR/EHR) manage structured content, even the best systems cannot afford to manage unstructured data such as paper documents, faxes, images, photos, and rich multi-media data contents generated across the care setting. In a non-clinical context, ECM solutions complement administrative, operational, and financial information systems in a healthcare enterprise by allowing end users to efficiently aggregate, store, and manage diverse content generated across the enterprise. Globally, healthcare organizations are struggling to manage patient data and relevant content in a structured format. A robust enterprise content management strategy can help healthcare organizations to streamline the complex process. Therefore, healthcare ECM is becoming crucial in a modern care setting to complement the shortcomings of existing EHR systems. The crucial need to securely access and analyse data along the patient’s care journey is driving demand for new-generation content management technology platforms. Frost & Sullivan finds that on an average, a modern healthcare organization generates approximately 70–75% of unstructured content from existing clinical and non-clinical information systems. This unstructured content holds most of the critical patient data, which is either lost or omitted during electronic transactions, resulting in uncertainty about inefficient healthcare data management standards. Lack
More Information
Deliverable Type Market Research
No Index No
Podcast No
Author Dinesh Kumar
Industries Healthcare
WIP Number MD0E-01-00-00-00
Is Prebook No
GPS Codes 9564-B1,9575-B1,9600-B1,9612-B1,99BC-B1