Press release
Electronic Medical Records Market Trends, Growth, Share, Key Players and Forecast 2020 - 2025
Electronic medical records (EMRs) are the digital records that include patient's complete health information, such as demographics, medical history, medications, radiology reports, immunization status, laboratory test results, and billing information. EMRs are either available on cloud-based solutions or on-premises software. Cloud-based solutions facilitate centralized data storage and online access from numerous geographical locations, whereas on-premises solutions assist in local computing requirements. These systematic records help in tracking and monitoring patients, determining health patterns, and improving healthcare quality. EMRs also maximize communication and productivity between healthcare providers and patients to improve medical results and patient safety.Some of the key players being AdvancedMD (Global Payments Inc.), Allscripts Healthcare Solutions (MDRX), Cerner Corporation (CERN), Computer Programs and Systems Inc. (CPSI), CureMD Healthcare (MD), eClinicalWorks, Epic Systems Corporation (EPOR), General Electric Company, Greenway Health LLC (GE), McKesson Corporation (MCK), Nextgen Healthcare Inc. (NXGN), Modernizing Medicine Inc., etc.
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Increasing digitization, along with the growing healthcare information technology (IT) industry, is primarily catalyzing the EMR market. Furthermore, the increasing incidents of chronic diseases and the rising geriatric population are also inducing the market growth. Moreover, the rising adoption of patient-centric EMR systems further enables patient's direct involvement throughout the documentation process. Additionally, several technological innovations have led to the introduction of cloud-based EMR solutions for improving healthcare quality and preventing data disruption. Furthermore, rapid upgradation of healthcare infrastructures and the deployment of favorable population health management programs, are further expected to drive the EMRs market.
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Electronic Medical Records Key Market Segmentation
Breakup by Type:
• Traditional EMRs
• Speech Enabled EMRs
• Interoperable EMRs
• Others
Breakup by Component:
• Hardware
• Software
• Services
Breakup by Functionality:
• Basic Systems
• Fully Functional Systems
Breakup by Deployment Type:
• Cloud-based
• On-premises
Breakup by Application:
• Specialty Based
o Cardiology
o Neurology
o Radiology
o Oncology
o Others
• General Applications
Breakup by End User:
• Hospital and Clinics
• Specialty Centers
• Others
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
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