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The healthcare industry is one of the largest and fastest-growing industries in the world. The term healthcare refers to the diagnosis, treatment, and prevention of disease, illness and other physical and mental impairments in humans and animals. The healthcare industry provides products and services to treat patients with curative, preventive, rehabilitative or palliative care.
The total value of the healthcare sector globally in 2015 was $x billion. Related to a world population of more than 7.3 billion in 2015 this equates to about $x per person per annum. Within the overall healthcare sector, the pharmaceuticals market accounts for x%, the medical equipment market accounts for x% and the remaining x% is contributed by the healthcare services market.
Digitalization of information related to patients including their medical history, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and laboratory and test results is being made possible with Electronic Health Records (EHRs). EHRs increase patient participation, and improve diagnostic and treatment outcomes.
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