Global Electronic Medical Records (EMR) Market, By Component (Services, Software, Hardware), Mode of Delivery (On- Premises, Cloud- Based), Applications (General EMR, Specialty EMR), End-User (Hospital-Based EMR, Physician-Based EMR), Functionality (Basic Systems, Fully Functional Systems), Type (Traditional EMRs, Speech Enabled EMRs, Interoperable EMRs), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The electronic medical records (EMR) market is expected to witness market growth at a rate of 7.0% in the forecast period of 2021 to 2028. Data Bridge Market Research report on electronic medical records (EMR) market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growing number of hospitals adopting EMR solutions is escalating the growth of electronic medical records (EMR) market.
EMR or electronic medical records refer to the digital device that has medical and treatment history of the patient. The device assists in helping the clinicians to track data over time and useful because one can track and manage their health easily. It is capable of generating and sending prescriptions to pharmacies electronically. They consist of data such as vital signs, personal statistics, laboratory test results, billing information and others.
The increasing digitization in the healthcare industry and government initiatives such as encouraging physicians to adopt electronic health records, establishing regional extension centers to provide technical and other advices and investing in training the healthcare information technology workers are the major factors driving the electronic medical records (EMR) market. The rising need for integrated healthcare system, technological advancements in the technologies and big data trends in healthcare industry accelerate the electronic medical records (EMR) market growth. The growing patient volume due to the global outbreak of COVID-19 and need to curtail escalating healthcare costs influence the electronic medical records (EMR) market. Additionally, increasing geriatric population, research and development activities, surge in healthcare expenditure and enhancing healthcare infrastructure positively affect the electronic medical records (EMR) market. Furthermore, increasing demand for cloud-based EHR solutions and shift towards patient-centric healthcare delivery extend profitable opportunities to the electronic medical records (EMR) market players in the forecast period of 2021 to 2028.
On the other hand, high cost of deployment, reluctance to adopt EMR solutions in developing nations and need for significant investments in infrastructure development are the major factors expected to obstruct the electronic medical records (EMR) market growth. The interoperability issues and the rise in data security concerns are projected to challenge the electronic medical records (EMR) market in the forecast period of 2021 to 2028.
This electronic medical records (EMR) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on electronic medical records (EMR) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Electronic Medical Records (EMR) Market Scope and Market Size
The electronic medical records (EMR) market is segmented on the basis of component, mode of delivery, applications, end- user, functionality and type. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of component, the electronic medical records (EMR) market is segmented into services, software and hardware.
- On the basis of mode of delivery, the electronic medical records (EMR) market is segmented into on- premises and cloud- based.
- On the basis of applications, the electronic medical records (EMR) market is segmented into general EMR and specialty EMR.
- On the basis of end- user, the electronic medical records (EMR) market is segmented into hospital-based EMR and physician-based EMR.
- On the basis of functionality, the electronic medical records (EMR) market is segmented into basic systems and fully functional systems.
- On the basis of type, the electronic medical records (EMR) market is segmented into traditional EMRs, speech enabled EMRs and interoperable EMRs.
Global Electronic Medical Records (EMR) Market Country Level Analysis
The electronic medical records (EMR) market is analyzed and market size insights and trends are provided by country, component, mode of delivery, applications, end- user, functionality and type as referenced above.
The countries covered in the electronic medical records (EMR) market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the electronic medical records (EMR) market during the large-scale adoption of the electronic health records by hospitals, clinics and other healthcare facilities, presence of major companies and expansion of healthcare IT infrastructure.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The electronic medical records (EMR) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for electronic medical records (EMR) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the electronic medical records (EMR) market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Electronic Medical Records (EMR) Market Share Analysis
The electronic medical records (EMR) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to electronic medical records (EMR) market.
The major players covered in the electronic medical records (EMR) market report are medica, 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. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Electronic Medical Records (EMR) Market
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