EMR Solutions Market Analysis, by 2027 |Tencent Games; Ubisoft; King; Activision Blizzard; Zynga; GungHo Online;

The Global EMR Solutions Market Report 2022-2027 provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, restraints, and competitive landscape that are playing a substantial role in the EMR Solutions market. The increasing consumer demand & spending on the EMR Solutions market is expected to drive enormous growth over the forecast years. The comprehensive EMR Solutions Market Report will help clients to comprehend the market ups-downs and numerous different angles.

The EMR Solutions Market is expected to register a CAGR of 7.5 % during the forecast period (2022-2028)

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Market Overview-

An electronic medical record (EMR) is a digital version of a paper record that helps in the storage of information in a secure manner and is visible to other authorized users/practitioners. It is an electronic version of patient medical history, which is maintained and includes all data related to patient care under a particular doctor, which includes past medical history, demographics, progress report, treatment and medications, vital signs, laboratory data, and radiology reports.

Electronic medical record (EMR) systems have become popular, as the entire healthcare industry is slowly moving toward digitization. Electronic medical records assist the overall healthcare delivery process in lowering cost and maximizing profits.

Initiatives by the government or regulatory bodies like encouraging physicians to adopt electronic health records, establishing regional centers to provide technical advisory, and investments to train healthcare information technology professionals are driving the market growth. For example, according to the American Recovery and Reinvestment Act, all private and public healthcare providers are expected to demonstrate "meaningful use" of EMRs from 1st January 2014. The rising need for an integrated healthcare system, technological advancements in technologies, and big data trends in the healthcare industry are accelerating market growth. An increase in demand for cloud-based EHR solutions and patient-centric healthcare delivery are expected to project new opportunities for the electronic medical records (EMR) market players.

However, the reluctance of adopting EMR solutions by developing countries and the need for significant investments in terms of infrastructure development are restraining the market growth. The compatibility issues and the increasing data security concerns challenge the growth of the market.

Key Market Trends-

In March 2021, Simbo.ai launched SimboAlpha, its flagship cloud-based API (Application Programming Interface) technology platform. It allows Electronic Medical Record (EMR) providers, health app providers and hospital chains to bring smart voice-based EMR to their doctors.

In March 2020, Health Gorilla, a leader in clinical data interoperability, announced that COVID-19 test ordering is now available through its platform. Any healthcare provider who uses Health Gorilla's web application, a Health Gorilla-partnered developer, or a Health Gorilla-integrated EMR can place COVID-19 test orders and receive test results from LabCorp and Quest.

Global EMR Solutions Market: Segmentation Analysis-

EMR Solutions Market, By Type-

Cloud-based

On-premise

EMR Solutions  Market, By Application-

Hospitals

Clinics, etc.

Key Players In EMR Solutions Market-

eClinicalWorks, McKesson, Cerner, Allscripts, Athena Health, GE Healthcare, Epic, Care 360, Practice Fusion, OptumInsight

The study accurately predicts the size and volume of the EMR Solutions market in the present and the future. The report offers a comprehensive study of EMR Solutions and information about the expected future trends that will have a significant impact on the growth of the market.

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Regional Analysis-

Asia-Pacific is Dominating the Home Appliances Market

Some of the factors which are driving the market growth in the North America region include technological advancements, high investments in healthcare by the government and private sector, and the presence of key market players.

The healthcare IT market in the United States is one of the most established markets, compared to other geographical regions. Additionally, most hospitals and clinics in the region have widely implemented EHR solutions, due to stringent regulatory norms. Canada and the United States are the leading countries in this region that have implemented EHR systems.

In addition, according to the Canada Health Infoway, in 2018, 93% of physicians who use an electronic medical record said EMRs allow them to provide improved patient care, while 100 per cent of Canadians have at least one hospital clinical report, or their immunization record, available in electronic form, and their authorized clinicians can access this information outside of a hospital..

Furthermore, several companies are starting various strategies like collaboration, new product launches, mergers and acquisition in order to maintain and increase their market share. For instance, in August 2019, Allscripts Inc, a United States-based healthcare IT company announced the availability of Apple Health records for Allscripts Sunrise, TouchWorks, and Professional EHR clients and their patients. Apple Health Records brings together hospitals, clinics, and the existing Apple Health app to allow patients to access their personal health data in one platform.

 Our EMR Solutions market analysis also concludes a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with the SWOT analysis.

Reasons to Purchase this Report-

Includes an in-depth analysis of the EMR Solutions market of various perspectives through Porter's five forces analysis.
Provides insight into the EMR Solutions market through Value Chain Analysis.
EMR Solutions Market dynamics scenario, along with growth opportunities of the market in the years to come.
6-month post-sales analyst support.

Here's how Market Insights Reports helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.

Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the EMR Solutions market through the forecast period.

This factor leads to the estimation of the EMR Solutions market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular EMR Solutions market that will help the stakeholders to be aware of the current investment scenario across the market.

Customization of the Report-

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Irfan Tamboli (Head of Sales) - Market Insights Reports
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About Us-
MarketInsightsReports delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses with various verticals like Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.

This release was published on openPR.