Electronic Medical Records Market Growth, Market Insights and Forecast to 2025Posted by rekha on September 27th, 2019 Precision Business Insights (PBI) in its report titled “Global Electronic Medical Records Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over six years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global electronic medical records market was valued at US$ 25,882.2 Mn in 2018 and growing at a CAGR of 6.7% over the forecast period owing to advancements in technology and increasing demand for integrated healthcare system are expected to support the growth of the market. Moreover, increasing demand for healthcare IT products and systems in emerging nations such as Brazil, India, China, Indonesia etc. fuels the growth of the market. Additionally, government initiatives and low maintenance coupled with wider accessibility drives the market over the forecast years. However, high initial investments and concerns regarding data privacy are anticipated to restrain the growth of the market over the forecast years. Global electronic medical records market segmented on the basis of application, product, type, and end user For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=17382
Cloud based segment accounted for higher revenue share Based on product, global electronic medical records market segmented into cloud-based software and server-based/ on-premise software. Cloud based segment market accounted US$ XX Mn in 2018 and projected to dominate over the forecast period owing to increasing benefits such as low maintenance and infrastructure requirements along with low licensing and start-up cost and offers wider accessibility. In addition, a cloud-based EHR system provides enhanced productivity and faster and smoother implementation. North America is expected to grow at Highest CAGR in Global Electronic Medical Records Market
PBI’s global electronic medical records market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to regional analysis, North America accounted for larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 owing to well-developed healthcare IT market and stringent regulatory policies that enhances the wide adoption and implementation of HER solutions. Asia Pacific is expected to show significant growth over the forecast years owing to rapid development in healthcare infrastructure in the region. China and India, which is experiencing strong economic growth and growing demand for healthcare IT services are expected to propel the growth of the market. Strategic collaborations and partnerships in Electronic Medical Records Market
Global electronic medical records market further reveals that strategic collaborations and partnerships for the development and innovation of new technology in the market to enhance market revenue share and gaining significant geographic presence across the region. For instance, in April 2018, eClinicalWorks announced the partnership with Waverly Health Center (WHC), the partnership aimed to transform the WHC, Paragon Inpatient EHR system to the eClinicalWorks cloud-centric Acute Care EHR and Revenue Cycle Management platform. In May 2018, Cerner Corporation announced the agreement with Cerner Government Services Inc. for transitioning service members and their care providers’ access to a single electronic health record system. Key player’s profiles in the report are AdvancedMD, Inc., Allscripts Healthcare Solutions, Inc., Cerner Corporation, Computer Programs and Systems, Inc., CureMD Corporation, eClinicalWorks, Epic Systems Corporation, General Electric Company, Greenway Health, LLC, and Quality Systems, Inc. Detailed Segmentation
By Application o Clinical Application o Administrative Application o Reporting in Healthcare System o Healthcare Financing o Clinical Research Application By Product o Cloud-Based Software o Server-Based/ On-Premise Software By Type o Inpatient EHR o Ambulatory EHR By End User o Hospitals o Clinics o Specialty Centers o Others Geography
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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