Electronic Medical Records (EMR) Market Size, Share, Trends, Analysis and Forecast 2022-27

According to IMARC Group's latest report, titled "Electronic Medical Records Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global electronic medical records market is expected to exhibit a CAGR of 4.93% during 2022-2027. Electronic medical record (EMR) refers to digital documents that can generate and send prescriptions to pharmacies electronically. It collects medical information of patients, including their health history, diagnoses, medicines, tests, allergies, immunization, and treatment plans. EMR also assists in keeping track of vital signs, personal statistics, and billing information. It offers a real-time, patient-centered and digital alternative to paper records and charts used to provide information instantly and securely to authorized users. EMR can be accessed by all healthcare providers taking care of the patient and offers quality care and protection from data disruption caused by accidents or mishaps.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers:

The global electronic medical records market is primarily driven by the rapid digitization in the healthcare industry. Governments of various nations are taking initiatives to encourage physicians and healthcare providers to invest in IT-based solutions, such as EMR. They are also establishing regional extension centers that offer technical support and advice to patients. Besides this, the growing demand for integrated healthcare systems with big data is also contributing to the market growth. With the ongoing coronavirus disease (COVID-19) pandemic, the global healthcare industry is witnessing a crunch. The consequent increase in hospitalizations and lockdowns has resulted in the demand for cloud-based EMR solutions to enhance communication between healthcare providers and patients. Furthermore, the growing geriatric population, the rising prevalence of chronic diseases and the implementation of favorable health management programs are some of the other factors that are significantly impacting the market growth worldwide.

Electronic Medical Records Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the electronic medical records market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

AdvancedMD (Global Payments Inc.)
Allscripts Healthcare Solutions
Cerner Corporation
Computer Programs and Systems Inc.
CureMD Healthcare
eClinicalWorks
Epic Systems Corporation
General Electric (GE) Company
Greenway Health LLC
McKesson Corporation
Modernizing Medicine Inc.
Nextgen Healthcare Inc.

Key Market Segmentation:

The report has segmented the global electronic medical records market on the basis of type, component, functionality, deployment type, application, end user and region.

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
Cardiology
Neurology
Radiology
Oncology
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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Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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