Hospital-based EMR Market Opportunity and Industry Forecast, 2021-2028

Electronic medical record (EMR) is a digital version of a paper chart, which contains a patient's medical history. This system is designed to share information with other healthcare providers such as laboratories and specialists. It helps to reduce operational cost such as transcription services and overtime labor expenses.

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Increase in demand for advanced health monitoring systems drives the growth of the hospital-based EMR market. In addition, rise in adoption of cloud computing services and increase in need to improve the quality of healthcare service fuel the growth of the hospital-based EMR market. However, high implementation costs restrains the market growth. Increase in patient-centric approach is expected to provide lucrative opportunities for the market.

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The global hospital-based EMR market is segmented on the basis of component, end user, and region. Based on component, the market is bifurcated into EMR hardware and EMR software. EMR software is further segmented into client-server based EMR and web-based EMR. By end user, the market is categorized into hospitals and physicians. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in this hospital-based EMR market are McKesson Corporation, GE healthcare worldwide, eClinicalWorks, Cerner Corporation, Allscripts, Optum, Inc., athenahealth, Inc., Greenway Health, LLC, eMDs, Inc., and Wellsoft Corporation.

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Key Benefits Hospital-based EMR Market

The study provides an in-depth analysis of the global hospital-based EMR market and current & future trends to elucidate the imminent investment pockets.
Information about the key drivers, restrains, and opportunities and their impact analysis on the market size are provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.

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