BusinessIndustry

Insight On Electronic Medical Records (EMR) Market : Research With Cerner Corporation, Ingenix, eClinicalWorks, Allscripts, GE Healthcare, athenahealth

The market report also contains the drivers and restraints for the Electronic Medical Records (EMR) market that are obtained with the help of SWOT analysis, and also shows all the recent developments, product launches, joint ventures, mergers and acquisitions by the several key players and brands with their systemic company profiles, that are driving the market. It is the most appropriate, rational and admirable Electronic Medical Records (EMR) market research report provided with a devotion and comprehension of business needs. Quality and transparency has been strictly maintained while carrying out research studies to provide an exceptional market research report for a niche.

Electronic Medical Records (EMR) Market is expected to rise from its initial estimated value of USD 26,134.18 million to an estimated value of USD 39,353.72 million by 2026, registering a CAGR of 5.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing health awareness among people.

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EMR or electronic medical records are the digital device that contains medical and treatment history of the patient. This helps the clinicians to track data over time. It is very useful because one can track and manage their health easily. The one of the advantage of EMR is that it can generate and can send prescriptions to pharmacies electronically. They include range of data like vital signs, personal statistics, laboratory test results, billing information and others.

Market Drivers

  • Rising demand for integrated healthcare systems is driving the market
  • Increasing healthcare expenditure is driving market

Market Restraints

  • Increasing safety concerns related to data is restraining the market growth
  • High cost of the devices is restraining the market

 Key Developments in the Market:

  • In September 2018, The Brooklyn Hospital Center announced the launch of their Epic Electronic Medical Record in its ambulatory care network sites which is one of the most widely used and comprehensive electronic health record system. It will provide a platform to the patients where they can track their health easily.
  • In October 2018, UnitedHealth Group announced that they will develop technology on its Rally mobile health platform and give their member’s access to an electronic health record system. The main aim is to provide users a platform where they can track their health.

Key Market Competitors:

Few of the major competitors currently working in the electronic medical records (EMR) market are 4medica, AdvancedMD, Inc., ALERT Life Sciences Computing, S.A., AllMeds, Inc., Amazing Charts LLC, Aprima, athenahealth, Inc, Bernoulli,  Cambio Healthcare Systems, CareCloud Corporation, Cerner Corporation, Change Healthcare, Medsphere Systems Corporation., CompuGroup Medical SE, CPSI, CureMD Healthcare, eClinicalWorks, eMDs, Inc., Epic Systems Corporation., GENERAL ELECTRIC COMPANY, Greenway Health, LLC, Henry Schein Medical Systems, Inc, Medical Information Technology, Inc.

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Global electronic medical records (EMR) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electronic medical records (EMR) market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Segmentation: Global Electronic Medical Records (EMR) Market

By Component

Services

Software

Hardware

By Mode of Delivery

On- Premises

Cloud- Based

By Applications

General EMR

Specialty EMR

Cardiology

Neurology

Radiology

Oncology

Others

By End- User

Hospital-based EMR

Physician-based EMR)

By Functionality

Basic Systems

Fully Functional Systems

By Type

Traditional EMRs

Speech enabled EMRs

Interoperable EMRs

  • By Geography

North America

US.

Canada

Mexico

South America

Brazil

Argentina

Rest of South America

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe

Asia-Pacific

Japan

China

South Korea

India

Australia

Singapore

Thailand

Malaysia

Indonesia

Philippines

Rest of Asia Pacific

Middle East & Africa

South Africa

Egypt

Saudi Arabia

United Arab Emirates

Israel

Rest of Middle East & Africa

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