Global & US EHR and EMR Market Overview:
2018 EHR/EMR has been evaluated more than US $15 billion in the Global EHR and EMR Marketand the reasons behind it is the growth of the life science and healthcare industry. EHR (Electronic Health Records)/ EMR (Electronic Medical Record) shares a very thin line for differentiation. EHR where the information related to health issues of a person are being gathered, managed and created by the licensed clinics, consultants and individual staff of an organization but in the EMR the information is being gathered, managed and created aggregately by more than one organization. EHR and EMR market is totally dependent on the growth of the healthcare and life and science industry and as per the past trends, these industries are growing with double digit CAGR, resulting the more demand for the EHR and EMR products. EHR and EMR market plays very vital role in the database management for any healthcare organization as the arrival rate of the individuals are increasing day by day and manually it becomes very difficult to monitor the activity and condition of an individual who has visited the organization long time back. EHR and
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Global & US EHR and EMR Market Applications:
EHR and EMR has various applications in the healthcare industry. EHR and EMR products sole purpose is to keep and manage the database of individuals. The various applications in the industry includes and identification and maintenance of personal record, managing the demographics of patients, managing the problem list, managing the medical prescription lists, managing the history of the patients, managing the clinical documents and notes, capturing and managing the external documents of the hospital/clinic, prescribing the care plans, protocols and guidelines, managing the prescribed plans, protocols and guidelines for the specific clients, generating the records patients specific instruction among others.
Global & US EHR and EMR Market Influencer:
The main market driver for the EHR and EMR market is the benefits associated with the products. EHR and EMR products have been very revolutionary in the segment of managing the data of the patients. Earlier, the whole system was manually operated with the lots of effort of people, time and money and managing the records on the paper was quite hectic job for the hospitals. EHR and EMR replaced the manual process and due to the efficiency and effectiveness every organization working in the healthcare and life science are adapting these technologies. The other factor which is helping the market of EHR and EMR is the developments in this market. By connecting this system on the web, accessibility of the information becomes very easy for the institutions and can be accessed from anywhere around the globe.
Global & US EHR and EMR Market Segmentation:
For the better understanding of the report, Global EHR and EMR Market has been segmented on the basis of installation type, end user and geography.
On the basis of installation type:
Software (As Services)
On the basis of end user:
Global & US EHR and EMR Market Regional Analysis:
The America’s are the leading in the market of EHR and EMR with the market share of more than 45% followed by the Europe and Asia and Pacific countries that are accounted for the market share. America’s including North America and Latin America who is having one of the best medical facilities around the globe has high rate arrival of patients. Countries like the US and Canada who falls under the umbrella of developed countries are well technologically advanced therefore having the largest market share in the EHR and EMR market. The next largest market share has been acquired by the Europe and MEA countries that accounts for market share of more than Million. Countries like Germany, Italy among others, whose government in promoting the healthcare industry by introducing the various healthcare plans and new equipment’s in this industry. The fastest growing market is Asia Pacific which is growing with the market double digit CAGR. Asia Pacific together accounts for more than 41% of global population and also most of the countries falls under the Asia Pacific are in the developing phase. Developing countries have immense opportunities for the EHR and EMR market. Countries in this region like China, India who together holds more than 30% of the global population are said to be the biggest market for the EHR and EMR products by the end of the forecasted period.
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Global & US EHR and EMR Market Key Players:
The key players in the market of EHR and EMR are:
Allscripts Healthcare Solutions, Inc.
Medical Information Technology, Inc.
Major TOC Global and US EHR and EMR Market Report – Forecast to 2027:
- Report Prologue
2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
3. Research Methodology
3.2 Primary Research
3.3 Secondary research
3.4 Market Size Estimation
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