An Electronic Medical Record (EMR) is a digital representation of a patient's paper-based medical information. They aim to improve the overall quality of care. They include clinical, financial, demographic, and coded healthcare data.
The introduction of Artificial Intelligence (AI) in the development of EHR software and advancements in software technology and the healthcare sector is also expected to accelerate the market's overall growth. The EHR solutions are used to intelligently automate and simplify the electronic records management process in organizations across the APAC.
In addition, the continuous evolution and integration of cutting-edge technologies not only enhance the efficiency of healthcare systems but also contribute to the overall improvement of patient care, which is driving the market growth.
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Data Bridge Market Research analyzes that the Asia-Pacific Electronic Medical Record (EMR) Market is expected to reach USD 4,770,017.75 thousand by 2031, at a CAGR of 6.2% during the forecast period 2024-2031. The rising technological advancements is projected to propel the growth of the market.
Key Findings of the Study
Low Maintenance and Wider Accessibility
Electronic medical records software captures all the data from the point-of-care, documents, and is the best platform to use for maintaining patient data. EMR data analysis is the best practice which helps in patient diagnosis, is used by insurance companies, and can also be used for educational purposes, which is driving the market growth.
The wider adoption of healthcare information systems and the easier integration and sharing of patient clinical information can facilitate wider access to medical records. EMR can bring several advantages in terms of security solutions and improving the correctness and complete patient historical records is propelling the market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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By Component (Software and Services), Type (Traditional EMR, Speech Enabled EMRS, Interoperable EMR, and Others), Application (Specialty Application and General Application), End User (Hospitals, General Physician Clinics, Specialised Clinics, Ambulatory Surgical Centres and Others), Delivery Mode (Client Server Setups, Cloud Based Setups, and Hybrid Setups)
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Countries Covered
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China, Japan, India, South Korea, Australia, Singapore, Thailand, Indonesia, Philippines, Malaysia, and Rest of Asia-Pacific
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Market Players Covered
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Oracle Corporation (U.S.), GE HealthCare (U.S.), athenahealth, Inc. (U.S.), Veradigm LLC (U.S.), Altera Digital Health Inc. (U.S.), Napier Healthcare Solutions Pte. Ltd (Singapore), InSync Healthcare Solutions. (U.S.), Practo (India), HealthPlix Technologies (India), Web pt (U.S.), NXGN Management (U.S.), LLC., Greenway Health (U.S.), LLC, Docon technologies Pvt.(India), JVS Group (India), Suvarna Technosoft Pvt Ltd (India), AgileEMR (France), Infor (U.S.), KareXpert, Inc.(India), Anzer IT Healthcare Asia (Singapore), DocEngage (India), Docpulse (India), and Halemind Inc (U.S.) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis
The Asia-Pacific electronic medical records (EMR) market is segmented into five notable segments based on component, type, delivery mode, application, and end user.
- On the basis of component, the market is segmented into software and services
In 2024, software segment is expected to dominate the Asia-Pacific Electronic Medical Records (EMR) market
In 2024, software segment is expected to dominate the market with 59.35% market share due to the various types of new software present in the market which have the major demand across various regions around the globe.
- On the basis of type, the market is segmented into traditional EMRs, speech enabled EMRs, interoperable EMRs, and others
In 2024, the interoperable EMR segment is expected to dominate the Asia-Pacific Electronic Medical Records (EMR) market
In 2024, interoperable EMRs segment is expected to dominate the market with 58.87% market share due to rising technological advancements.
- On the basis of delivery mode, the market is segmented into client server setups, cloud based setups, and hybrid setups. In 2024, cloud based setups segment is expected to dominate the market with 60.95% market share
- On the basis of application, the market is segmented into specialty application and general application. In 2024, specialty application segment is expected to dominate the market with 62.72% market share
- On the basis of end user, the market is segmented into hospitals, general physician clinics, specialized clinics, ambulatory surgery centres, and others. In 2024, hospitals segment is expected to dominate the market with 40.14% market share
Major Players
Data Bridge Market Research analyzes Oracle Corporation (U.S.), GE HealthCare (U.S.), athenahealth, Inc. (U.S.), Veradigm LLC (U.S.), Altera Digital Health Inc. (U.S.), as the major market players in the Asia-Pacific Electronic Medical Records (EMR) market.
Market Developments
- In November 2023, General Electric introduces Digital Expert Access, the first FDA 510(k)-cleared device for remote patient scanning. The collaboration with IONIC Health enhances multi-vendor remote scanning capabilities, addressing radiologist shortages and optimizing healthcare workflows
- In October 2023, Altera Digital Health, a global health IT leader, announced that dbMotion Solution earned the No. 1 ranking on Black Book Research’s list of the top clinical data integration and interoperability solutions. The ranking is based on Black Book’s survey of 4,021 health information management users at medical practices, hospitals, and other healthcare organizations
- In February 2023, Veradigm LLC FollowMyHealth earned the distinction of the Most Improved Software Product by KLAS, showcasing substantial enhancements in customer satisfaction and affirming its pivotal role in elevating patient care and experience over the past year. This recognition underscores Allscripts 's commitment to continuous improvement and the positive impact of FollowMyHealth on user satisfaction and healthcare outcomes
- In October 2022, Anzer IT Healthcare Asia unveils its revolutionary EHR System, a patient-centric marvel designed in collaboration with healthcare professionals. Offering substantial cost savings and streamlined operations, ANZER's one-stop solution from registration to financial statements is reshaping the healthcare landscape. With the integration of artificial intelligence, ANZER EHR sets the stage for a transformative future, promising enhanced efficiency and a seamless transition to a paperless healthcare environment
- In January 2022, Docon Technologies Pvt. Ltd EMR platform gains approval to integrate with India's Ayush Bharat Health Account, enhancing the accessibility and sharing of health records through the country's digital health ID system. Docon facilitates virtual clinics by digitizing healthcare practices and empowers improved diagnosis with a patient health record management system
Regional Analysis
Geographically, the countries covered in the Asia-Pacific Electronic Medical Records (EMR) market are, China, Japan, India, South Korea, Australia, Singapore, Thailand, Indonesia, Philippines, Malaysia, and Rest of Asia-Pacific.
As per Data Bridge Market Research analysis:
China is expected to dominate the Asia-Pacific Electronic Medical Records (EMR) market
China is expected to dominate the market due to the higher level of investments by various manufacturers and increasing demand for radiotherapy in the country.
China is the fastest growing country in the Asia-Pacific Electronic Medical Records (EMR) market
China is the fastest growing country in Asia-Pacific Electronic Medical Records (EMR) Market due to the growing adoption of advanced technology and launch of new products in this region.
For more detailed information about the Asia-Pacific Electronic Medical Records (EMR) market report, click here – https://www.databridgemarketresearch.com/reports/asia-pacific-electronic-medical-records-emr-market
