Global Electronic Medical Records (EMR) Market report from Global Insight Services is the single authoritative source of intelligence on Electronic Medical Records (EMR) Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An electronic medical record (EMR) is a digital version of a patient’s paper chart. EMRs are real-time, patient-centered records that make information available instantly and securely to authorized users. While an EMR does contain the medical and treatment history of a patient, an EMR system is much more than just a digital version of a paper chart. An EMR system includes clinical decision support tools, order entry systems, and electronic prescribing that can significantly improve patient care.
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Key Trends
Some key trends in Electronic Medical Records (EMR) technology include the following:
1. Increased adoption of EMRs by healthcare organizations: A recent study by the American Medical Association shows that the adoption of EMRs by healthcare organizations has increased significantly in recent years, with nearly 80% of organizations now using some form of EMR.
2. Improved interoperability of EMR systems: One of the challenges facing EMR adoption has been the lack of interoperability between different EMR systems.
Key Drivers
The major factors driving the growth of this market are the government initiatives to promote the adoption of EMRs, the need to reduce healthcare costs, and the increasing demand for better patient care.
The government initiatives to promote the adoption of EMRs are aimed at improving the quality of healthcare and reducing healthcare costs.
The need to reduce healthcare costs is another major driver of the EMR market. EMRs can help healthcare providers reduce the cost of care by eliminating duplicate tests and procedures, reducing paper charting, and improving the coordination of care.
The increasing demand for better patient care is also driving the growth of the EMR market. EMRs can help healthcare providers improve the quality of care by providing them with easy access to patients’ medical history, medications, and allergies.
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Market Segments
The electronic medical records market is segmented by product, end-user, component, and others. By product, the market is classified into hospital, and ambulatory. Based on the end-user, it is bifurcated into physician clinics, specialized clinics, and others. On the basis of component, it is divided into software, and services. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global electronic medical records market includes players such as Cerner Corp, McKesson Corporation, Medical Information Technology Inc., Epic Systems Corporation, NextGen Healthcare Information Systems LLC, Greenway Health LLC, GE Healthcare, Allscripts Healthcare Solutions Inc, Computer Programs and System Inc, eClinicalWorks, and others.
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