Global Electronic Medical Records (EMR) Marketis expected to grow steadily at a CAGR of 7.9% from 2020 to 2027. Electronic medical records (EMR) include an organized collection of patient and population’s health-related information electronically in a digital format. EMR comprises medical history, laboratory test results, demographics, and billing records among others. Moreover, these data can be managed by authorized providers only, and can also be sharedwith other authorized healthcare organizations such as pharmacies and laboratories for further treatment.
Governments and insurance companies boosting the adoption of EMR, and technological advancements in healthcare IT are the factors surging the growth of the global medical health records market. Increasing demand for digitalization and centralization in the healthcare sector also support the growth of the market. Government mandates and support to increase adoption of hospital EMR solutions are also fueling the market. However, high initial costand data security concernswould limit the adoption among end-users. Furthermore, growing patient volume due to the global COVID-19 pandemic and increasing public and private investments could offer several market opportunities in the coming years.
The global Electronic Medical Records (EMR) market is segmented by type, component, delivery mode, and hospital size. By type, the market is segmented into general EMR solutions, and specialty EMR solutions. By component, the market is divided into services, software, and hardware. By delivery mode,the market is segmented into on premise and cloud-based. By hospital size the market is bifurcated into small and medium-sized hospitals and large hospitals. North America, Europe, Asia-Pacific, andLAMEA are the geographical breakdowns of the EMR market at the global level. Moreover, the country-wise market analysis has been also covered under the scope of the report.
The leading market players include MEDITECH, CPSI, GE Healthcare, Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions, Inc., athenahealth, Inc., MEDHOST, eClinicalWorks, MTBC, Cantata Health, Advanced Data Systems Corporation, NextGen Healthcare, Intersystems Corporation, and CureMD, among others.
Electronic Medical Records Market Key Segments:
• General EMR Solutions
• Specialty EMR Solutions
Delivery Mode Segments
Hospital Size Segments
• Small and Medium-sized hospitals
• Large Hospitals
• North America
o The U.S.
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o Latin America
o The Middle East
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