Electronic Medical Records (EMR) Market 2020 Size and Growth Factors Study and Estimate | 4medica, AdvancedMD, Inc., ALERT Life Sciences Computing, S.A., AllMeds, Inc
Databridgemarketresearch.com added a new study on Electronic Medical Records (EMR) Market Research Review 2020 that has been just made available providing a piece of extensive knowledge and perceptions of the industry. The Electronic Medical Records (EMR) Market research report offers the market insights from the statistics, gathered from the reliable market information such as manufacturers, channel partners, decision makers and regulatory bodies. It outlines segment of the market investigates progression such as drivers, limitations and opportunities that at present strongly affect the market and could impact the market in future, Market share analysis mentioned in this report with a specific end goal to clarify the intensity of rivalry between driving market players working over the globe. It validated primary and secondary research methodology and data sources that are implied to collect key information like market size, trends, revenue and analysis.
The main objective of this Electronic Medical Records (EMR) Market report is to analyze the opportunities, threats and market drivers. Key insights like competitive industry scenario, gross margin analysis, price structure and cost analysis. It correctly calculate the global market share of important sections, regions and businesses. This Electronic Medical Records (EMR) Market research report examines the international market on the business plan based on numerous business verticals.
Global Electronic Medical Records (EMR) Market is expected to rise from its initial estimated value of USD 26,134.18 million to an estimated value of USD 39,353.72 million by 2026, registering a CAGR of 5.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing health awareness among people.
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Key Market Competitors:
Few of the major competitors currently working in the electronic medical records (EMR) market are 4medica, AdvancedMD, Inc., ALERT Life Sciences Computing, S.A., AllMeds, Inc., Amazing Charts LLC, Aprima, athenahealth, Inc, Bernoulli, Cambio Healthcare Systems, CareCloud Corporation, Cerner Corporation, Change Healthcare, Medsphere Systems Corporation., CompuGroup Medical SE, CPSI, CureMD Healthcare, eClinicalWorks, eMDs, Inc., Epic Systems Corporation., GENERAL ELECTRIC COMPANY, Greenway Health, LLC, Henry Schein Medical Systems, Inc, Medical Information Technology, Inc.
Competitive Analysis:
Global electronic medical records (EMR) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electronic medical records (EMR) market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Global Electronic Medical Records (EMR) Market By Component (Services, Software, Hardware), Mode of Delivery (On- Premises, Cloud- Based), Applications (General EMR, Specialty EMR), End- User (Hospital-based EMR, Physician-based EMR), Functionality (Basic Systems, Fully Functional Systems), Type (Traditional EMRs, Speech enabled EMRs, Interoperable EMRs), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Definition: Global Electronic Medical Records (EMR) Market
EMR or electronic medical records are the digital device that contains medical and treatment history of the patient. This helps the clinicians to track data over time. It is very useful because one can track and manage their health easily. The one of the advantage of EMR is that it can generate and can send prescriptions to pharmacies electronically. They include range of data like vital signs, personal statistics, laboratory test results, billing information and others.
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Market Drivers
- Rising demand for integrated healthcare systems is driving the market
- Increasing healthcare expenditure is driving market
Market Restraints
- Increasing safety concerns related to data is restraining the market growth
- High cost of the devices is restraining the market
Key Developments in the Market:
- In September 2018, The Brooklyn Hospital Center announced the launch of their Epic Electronic Medical Record in its ambulatory care network sites which is one of the most widely used and comprehensive electronic health record system. It will provide a platform to the patients where they can track their health easily.
- In October 2018, UnitedHealth Group announced that they will develop technology on its Rally mobile health platform and give their member’s access to an electronic health record system. The main aim is to provide users a platform where they can track their health.
Reasons to Purchase this Report
- Current and future of global electronic medical records (EMR) market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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