Published by Coherent Market Insights
Posted on September 28, 2021
Electronic Medical Records Market (Forecast Period 2021-2028): The report provides a valuable source of insightful data for business strategists and competitive analysis of Electronic Medical Records Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges.It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies.
To Access the Sample Report Click Here: https://www.coherentmarketinsights.com/insight/request-sample/196
Note: *The Sample only consist of Table of Content (ToC), Research Framework of the actual report, and Research Methodology adopted for it.
Major Players In This Market Are: Cerner Corporation, Allscripts-Misys Healthcare Solutions Inc., McKesson Corporation, Quadramed Corporation, Medical Information Technology Inc., Sage Software Healthcare Inc., Greenway Health, LLC, NextGen Healthcare Information Systems, LLC, Epic Systems Corporation, and GE Healthcare
Electronic Medical Record (EMR) offers several advantages such as less paper work, fewer storage issues, and higher quality of care that leads to better healthcare outcomes. EMRs contain notes and information collected by and for the clinicians. The global electronic medical records market is estimated to account for US$ 21,845.0 Mn in terms of value by the end of 2027.
Global Electronic Medical Records Market: Drivers
Increasing development of integrated healthcare solutions is expected to propel growth of the global electronic medical records market over the forecast period. For instance, in December 2019, Sectra, a medical imaging IT and cybersecurity company collaborated with Leica Biosystems to develop an integrated clinical pathology solution. The Sectra digital pathology software solution is expected to facilitate integration with leading pathology information systems and EMRs.
Global Electronic Medical Records Market: Opportunities
Utilization of text fields in EMRs is expected to offer lucrative growth opportunities for market players. For instance, in January 2019, researchers from the UTSHC-ORNL Center for Biomedical Informatics and University of Tennessee Health Science Center reported that text data in EMRs can improve the ability of structured data tools to predict serious patient outcomes after surgery.
Global Electronic Medical Records Market: Restraints
Some of the disadvantages of EMR include changes in workflow, temporary loss of productivity associated with EMR adoption, privacy and security concerns, and several unintended consequences. EMR may result in disruption of work-flows for medical staff and providers which result in temporary loss of productivity. Such factors are expected to hinder growth of the global electronic medical records market.
Key Takeaways:
The hospitals segment in the global electronic medical records market was valued at US$ 7,632.7 Mn in 2018 and is expected to reach US$ 12,510.1 Mn by 2027 at a CAGR of 5.6% during the forecast period. Increasing incidence of chronic diseases is expected to drive the growth of this segment during the forecast period. The Cloud-Base EMR segment held a dominant position in the global electronic medical records market in 2018, accounting for 54.4% share in terms of value, followed by Client Server Setup EMR, respectively. Technological advancement and increasing healthcare infrastructure in developing economies is expected to drive the segment growth during the forecast period.
Market Trends
Machine learning is being used in combination with EMR data to predict chronic diseases such as dementia. For instance, in December 2019, researchers from Indiana University Purdue University at Indianapolis reported that EMR routine care data can be used to predict dementia. The research was published in the journal Artificial Intelligence in Medicine. Lab integration through Laboratory Information System (LIS) is a major trend enabling labs and imaging centers to send and receive orders electronically. This platform allows interaction by multiple physicians using different EMR systems.
Global Electronic Medical Records Market: Key Developments
Key players in the market are focused on product expansion to enhance their market share. For instance, in December 2019, Southwest Transplant Alliance (STA) announced an initiative to expand its automated electronic referral technology to health systems throughout the state of Texas. The system automatically connects to a hospital’s EMR. Key players in the market are also focused on adopting partnership strategies to enhance their market share. For instance, in October 2019, electronic medical record vendor, Suncoast, partnered with Hospice of the Western Reserve, and pharmacy provider, Delta Care Rx in order to enhance clinician workflow.
Segmentation Scope of the report
Electronic Medical Records Market, By Type:
Inpatient EMR
Ambulatory EMR
Electronic Medical Records Market, By Components:
EMR Software
EMR Services
Electronic Medical Records Market, By Application:
Client Server Setup EMR
Hybrid EMR
Cloud- Base EMR
Electronic Medical Records Market, By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
Electronic Medical Records Market, By Region:
North America
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
U.S.
Canada
Latin America
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
GCC
Israel
Rest of Middle East
Africa
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
South Africa
Central Africa
North Africa
Buy This Premium Report Of Electronic Medical Records Market Report 2021 With Flat USD 2000 OFF @ https://www.coherentmarketinsights.com/promo/buynow/196
In this study, the years considered to estimate the market size of Electronic Medical Records are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2028
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Electronic Medical Records Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Electronic Medical Records Market are also given.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Electronic Medical Records Market: Future Forecast Assessed On The Basis Of How The Market Is Predicted To Grow appeared first on Gatorledger.
Electronic Medical Records Market (Forecast Period 2021-2028): The report provides a valuable source of insightful data for business strategists and competitive analysis of Electronic Medical Records Market. The study covers important knowledge that makes the analysis document a handy resource for managers, analysts, business consultants and different key individuals get ready-to-access and self-analyzed study in conjunction with graphs and tables to assist perceive market trends, drivers and market challenges.It also highlights the restraints and opportunities expected to influence the market’s growth during the said period. The study provides a holistic perspective on the market’s growth throughout the above mentioned forecast period in terms of revenue(in US$ Mn) and Volume (Thousand Units), across different geographies.
To Access the Sample Report Click Here: https://www.coherentmarketinsights.com/insight/request-sample/196
Note: *The Sample only consist of Table of Content (ToC), Research Framework of the actual report, and Research Methodology adopted for it.
Major Players In This Market Are: Cerner Corporation, Allscripts-Misys Healthcare Solutions Inc., McKesson Corporation, Quadramed Corporation, Medical Information Technology Inc., Sage Software Healthcare Inc., Greenway Health, LLC, NextGen Healthcare Information Systems, LLC, Epic Systems Corporation, and GE Healthcare
Electronic Medical Record (EMR) offers several advantages such as less paper work, fewer storage issues, and higher quality of care that leads to better healthcare outcomes. EMRs contain notes and information collected by and for the clinicians. The global electronic medical records market is estimated to account for US$ 21,845.0 Mn in terms of value by the end of 2027.
Global Electronic Medical Records Market: Drivers
Increasing development of integrated healthcare solutions is expected to propel growth of the global electronic medical records market over the forecast period. For instance, in December 2019, Sectra, a medical imaging IT and cybersecurity company collaborated with Leica Biosystems to develop an integrated clinical pathology solution. The Sectra digital pathology software solution is expected to facilitate integration with leading pathology information systems and EMRs.
Global Electronic Medical Records Market: Opportunities
Utilization of text fields in EMRs is expected to offer lucrative growth opportunities for market players. For instance, in January 2019, researchers from the UTSHC-ORNL Center for Biomedical Informatics and University of Tennessee Health Science Center reported that text data in EMRs can improve the ability of structured data tools to predict serious patient outcomes after surgery.
Global Electronic Medical Records Market: Restraints
Some of the disadvantages of EMR include changes in workflow, temporary loss of productivity associated with EMR adoption, privacy and security concerns, and several unintended consequences. EMR may result in disruption of work-flows for medical staff and providers which result in temporary loss of productivity. Such factors are expected to hinder growth of the global electronic medical records market.
Key Takeaways:
The hospitals segment in the global electronic medical records market was valued at US$ 7,632.7 Mn in 2018 and is expected to reach US$ 12,510.1 Mn by 2027 at a CAGR of 5.6% during the forecast period. Increasing incidence of chronic diseases is expected to drive the growth of this segment during the forecast period. The Cloud-Base EMR segment held a dominant position in the global electronic medical records market in 2018, accounting for 54.4% share in terms of value, followed by Client Server Setup EMR, respectively. Technological advancement and increasing healthcare infrastructure in developing economies is expected to drive the segment growth during the forecast period.
Market Trends
Machine learning is being used in combination with EMR data to predict chronic diseases such as dementia. For instance, in December 2019, researchers from Indiana University Purdue University at Indianapolis reported that EMR routine care data can be used to predict dementia. The research was published in the journal Artificial Intelligence in Medicine. Lab integration through Laboratory Information System (LIS) is a major trend enabling labs and imaging centers to send and receive orders electronically. This platform allows interaction by multiple physicians using different EMR systems.
Global Electronic Medical Records Market: Key Developments
Key players in the market are focused on product expansion to enhance their market share. For instance, in December 2019, Southwest Transplant Alliance (STA) announced an initiative to expand its automated electronic referral technology to health systems throughout the state of Texas. The system automatically connects to a hospital’s EMR. Key players in the market are also focused on adopting partnership strategies to enhance their market share. For instance, in October 2019, electronic medical record vendor, Suncoast, partnered with Hospice of the Western Reserve, and pharmacy provider, Delta Care Rx in order to enhance clinician workflow.
Segmentation Scope of the report
Electronic Medical Records Market, By Type:
Inpatient EMR
Ambulatory EMR
Electronic Medical Records Market, By Components:
EMR Software
EMR Services
Electronic Medical Records Market, By Application:
Client Server Setup EMR
Hybrid EMR
Cloud- Base EMR
Electronic Medical Records Market, By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
Electronic Medical Records Market, By Region:
North America
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
U.S.
Canada
Latin America
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
GCC
Israel
Rest of Middle East
Africa
By Type:
Inpatient EMR
Ambulatory EMR
By Components
EMR Software
EMR Services
By Application:
Electronic Medical Records Market
Hybrid EMR
Cloud- Base EMR
By End User:
Hospitals
Specialized Clinics
General Physician Clinics
Ambulatory Surgical Centers
By Country:
South Africa
Central Africa
North Africa
Buy This Premium Report Of Electronic Medical Records Market Report 2021 With Flat USD 2000 OFF @ https://www.coherentmarketinsights.com/promo/buynow/196
In this study, the years considered to estimate the market size of Electronic Medical Records are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year 2021 to 2028
The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Electronic Medical Records Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Electronic Medical Records Market are also given.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Electronic Medical Records Market: Future Forecast Assessed On The Basis Of How The Market Is Predicted To Grow appeared first on Gatorledger.
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