Press release
Hospital EMR Systems Market 2024: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast Till 2033
Hospital EMR Systems Market
The Business Research Company presents an extensive market research report on the Hospital EMR Systems Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The hospital emr systems market size has grown rapidly in recent years. It will grow from $17.31 billion in 2023 to $19.08 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to digital transformation in healthcare, government initiatives and regulations, need for data accuracy and accessibility, focus on patient-centric care, improvement in healthcare quality, paperless healthcare environments..
The hospital emr systems market size is expected to see strong growth in the next few years. It will grow to $25.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to population health management requirements, global health challenges, focus on precision medicine, cybersecurity measures, customization for specialized care, telehealth integration and support.. Major trends in the forecast period include cloud-based emr adoption, interoperability and data exchange, integration with health information exchange (hie) networks, mobile access and patient engagement, population health management, cybersecurity measures, collaboration with health tech startups..
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Key Market Players:
Major companies operating in the hospital emr systems market report are Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions Inc., Medical Information Technology Inc., Computer Programs and Systems Inc., GE Healthcare Technologies Inc., Athenahealth Inc., MEDHOST Inc., eClinicalWorks India Private Limited, NextGen Healthcare Information Systems LLC, Intersystems Corporation, Medical Transcription Billing Corporation, Cantata Health Solutions, Advanced Data Systems Corporation, CureMD.com Inc., McKesson Corp., Healthland Inc., Siemens Medical Solutions USA, Healthcare Management Systems, Altera Digital Health, Azalea Health Innovations Inc., Greenway Health LLC, Practice Fusion Inc., AdvancedMD Inc., A Harris Healthcare Company, Aprima Medical Software Inc., ChartLogic Inc., DrChrono Corp., eMDs Inc., Kareo Inc., Modernizing Medicine Inc., PrognoCIS Inc., Pulse Systems Inc., Sevocity EHR, SRS Healthcare and Research Centre Limited
Market Drivers:
The increase in adoption of EMR solutions worldwide is expected to propel the growth of the hospital EMR systems market going forward. A computer-based database system called an electronic medical record (EMR) system is tailored to a single doctor or a particular medical institution. It is a digital patient file that includes personal data, medical information, and a list of illnesses. EMR is a system of keeping an electronic record of patient data. An electronic medical record (EMR) is a system for storing patient data which are actively being used in hospitals. For instance, in April 2022, according to the Healthcare IT News, a US-based online publication and news source that focuses on information technology and digital health topics within the healthcare industry, 342 institutions from critical access hospitals to large health systems to specialty hospitals were touched by an EMR purchase decision (including migrations) in 2021 which is an increase of 44%. Therefore, the growing adoption of EMR is driving the hospital EMR systems market forward .
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https://www.thebusinessresearchcompany.com/report/hospital-emr-systems-global-market-report
The hospital emr systems market covered in this report is segmented -
1) By Component: Services, Software, Hardware
2) By Type: General EMR Solutions, Specialty EMR Solutions
3) By Delivery Mode: On-premise, Cloud-based
4) By Hospital Size: Small and Medium-sized Hospitals, Large Hospital4
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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