China Medical Information System Market Is Expected To Grow RMB 40 Billion by 2015: Acute Market Reports

New Market Research Reports Title “China Medical Information System Market Is Expected To Grow RMB 40 Billion by 2015: Acute Market Reports” Has Been Added to AcuteMarketReports.com Report Database.

At present, the investment on medical information system in China generally accounts for about 2% of the total medical revenue. The investment scale of medical information system in China is expected to exceed RMB 40 billion in 2015, with CAGR achieving 26.3%.

The medical resources are insufficient and unevenly distributed in China. As large hospitals have more doctors and provide better medical services, people prefer large hospitals regardless of the severity of illness; as a result, the facilities such as bed are in serious shortage in large hospitals, while those in small hospitals and community healthcare stations are idle. However, the insufficiency, uneven distribution and low efficiency of medical resources have become a big problem in China, and the integration of medical resources has become urgent.

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Although most hospitals have adopted HMIS, HCISs coverage rate is relatively low. Based on the study of Chinese Hospital Information Management Association (CHIMA) in 2010-2011, clinical information system had developed quickly, of which the coverage rate of inpatient nurses’ workstation systems reached 79.7%, 59.5% for doctor workstation systems, 37.5% for PACS systems, 38.3% for electronic medical record systems, and 16.7% for clinical decision supporting systems.

The tertiary hospital information construction in 2012 has entered the post-management requirements phase to turn into spontaneous demand, i.e. relying on HIS and CIS to strengthen management, cost savings, thereby enhancing operational efficiency. Hospitals must raise the level of informatization for reinforcement on refined management, meanwhile reduce investment in fixed assets but project more capital into information system.

For the present, Chinese Medical Information System is characterized by low market concentration and severe competition. There are no administrative barriers in its health care software market, combined with lower industrial concentration, the market share held by the top five enterprises is no more than 30%, being in the state of perfect competition. The existing domestic health care software enterprises in China can reach up to 500-600, of which, the vast majority are small-scale ones, while cross-regional national ones are rarely.

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Since the issuance and execution of healthcare reform scheme in 2010, the health department has paid more attention on informatization and established many standards and business regulations. According to the new healthcare reform, the governments at all levels are expected to input RMB850 billion on healthcare reform in three years.

China Medical Information System Industry Report, 2012-2014 released by Sino Market Insight mainly contains five chapters and 85 charts, covering the market background, status quo, competitive landscape and development tendency of Chinese medical information system industry, as well as the operation and development trends of ten key players.

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