“Electronic Medical Records Market” is the process of conveying a good quality service to customers. focuses on identifying hidden needs or requirements of customers. Report defines the scope of the Electronic Medical Records market, identifying potential of the Electronic Medical Records markets and determining optimal pricing for the market, it encouraging potential customers to purchase, and finding the best distribution methods for delivering to customers.
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Key Market Trends:
The Cloud Based Segment Holds the Largest Share in the Electronic Medical Records Market
Based on mode of delivery, the electronic health record market is further segmented into cloud based and on-premise. Among these, cloud based holds the largest share in the electronic medical records market. This is attributed due to the rise in number of benefits, such as low licensing and start-up cost, low cost of maintenance and infrastructure requirements, and wider accessibility. In addition, a cloud-based EHR system provides enhanced productivity and faster and smoother implementation.
Based on end user, the electronic health record market is classified into hospital-based EMR and physician-based EMR. Hospital-based EMR held the largest share as an end-user segment in this market. The growth in this end-user segment is attributed to the increasing number of hospitals, globally, and several advantages associated with using EHR and easy availability of patient-centric data.
North America Dominates the Electronic Medical Records Market, Globally, During the Forecast Period
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. Asia-Pacific is anticipated to grow during the forecast period. Emerging countries, including and China, have been experiencing strong economic growth. Increasing demand for the healthcare IT services and increasing expenditure by the governments in the emerging countries are expected to propel the EHR market in the Asia-Pacific region. In addition, China is the home for producing low-cost electronic components, which is anticipated to attract more investors.
Globally, governments have advised hospitals and clinics to change conventional health records into an electronic format for better storage of patient data. For instance, the U.S. government is taking initiatives to increase the use of EHR. The Health Information Technology for Economic and Clinical Health (HITECH) Act was authorized as a component of the American Recovery and Reinvestment Act (ARRA). This act was passed in 2009 to advance the utilization of EHR systems, with a specific end goal for modernizing and improving the healthcare system.
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Major Key Players are as Follows
Scope of the Report:
– United States – Canada – Mexico – Germany – United Kingdom – France – Italy – Spain – China – Japan – – Australia – South Korea – GCC – South Africa – Brazil – Argentina.
Topics such as sales and sales revenue overview, production market share by product type, capacity and production overview, import, export, and consumption are covered under the development trend section of the Electronic Medical Records market report.
Reasons to Purchase Electronic Medical Records Market Report Covered:
- The report examines how Electronic Medical Records market will develop in the future.
- Studying various views of the Electronic Medical Records market with the help of Porter’s five forces analysis.
- Analyzing the product type that is probable to control the market and regions that are likely to witness the fastest development during the forecast period
- Identify the new developments, Electronic Medical Records market shares and strategies employed by the key market players.
- Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
- Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Electronic Medical Records market players
Detailed TOC of Electronic Medical Records Market – Growth, Trends, and Forecast (2019 – 2024)
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Initiatives by the Governments
4.2.2 Technological Advancements
4.2.3 Low Maintenance and Wider Accessibility
4.3 Market Restraints
4.3.1 Data Privacy Concerns
4.3.2 High Initial Investment
4.3.3 Shortage of Proper Trained Staff
4.4 Porter’s Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1.3 Services and Consulting
5.2 End User
5.2.1 Hospital-based EMR
5.2.2 Physician-based EMR
5.3.1 Basic Systems
5.3.2 Fully Functional Systems
5.4.1 Specialty Based
126.96.36.199 Other Applications
5.4.2 General Applications
5.5.1 Traditional EMRs
5.5.2 Speech enabled EMRs
5.5.3 Interoperable EMRs
5.5.4 Other Types
5.6 Mode of Delivery
5.6.1 Cloud Based
5.6.2 On-premise Model
5.7.1 North America
188.8.131.52 Rest of
184.108.40.206 South Korea
220.127.116.11 Rest of Asia-Pacific
5.7.4 Middle East & Africa
18.104.22.168 South Africa
22.214.171.124 Rest of Middle East & Africa
5.7.5 South America
126.96.36.199 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.3 Cerner Corporation
6.1.6 GE Healthcare
6.1.8 Next Gen Healthcare
6.1.9 Greenway Health
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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Name: Ajay More
Email: [email protected]
Organization: Absolute Reports