The Global Hospital EMR Systems Market was valued at USD 1.8 billion in 2019 which is expected to reach USD 23.8 billion by 2027 at a CAGR 7.7% during the period from 2020 to 2027. The Qualiket Research provides valuation and analysis of the hospital EMR market on global and regional level. The report covers comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and the detailed analysis on the COVID 19 impact on global hospital EMR systems market.
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Hospital EMR systems also referred as which is synonymously called as electronic health records (EHR) systems. These systems can be in the form of hardware, software, and services and it can be deployed as cloud based and on-premise model. They provide a range of functions like offering computerized physician order entry, clinical decision support, clinical data repository, and controlled medical vocabulary.
Market Drivers
Increase in government support for the adoption of EMR solutions is the key driving factor which is expected to boost the global hospital EMR systems market growth. Furthermore, growing patient volume due to COVID 19 pandemic will have the positive impact on market growth. Moreover, increase in demand for cloud based EMR solutions will fuel the market growth during this forecast period. In addition to that, flexibility in customization in the needs of various general & specialized health professionals will drive the market growth.
Regional Analysis
Based on the region, the global hospital EMR systems market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North America is expected to hold the largest market share of the global hospital EMR systems market followed by Europe. The largest share of this region can be attributed due to the presence of major HER vendors like Cerner Corporation, Epic Systems Corporation, MEDITECH, CPSI , and Allscripts Healthcare Solutions. The rise in technological advancements for the development of next generation solutions is expected to boost the market growth during this forecast period.
Market Segmentation
The global hospital EMR systems market is segmented into component, delivery mode, type, hospital size, and region
Based on the component, the global hospital EMR systems market is segmented into Hardware, Software, and Services.
Based on the delivery mode, the global hospital EMR systems market segmented into On-Premise, and Cloud Based.
Based on the type, the global hospital EMR systems market segmented into General EMR Solutions, and Specialty EMR Solutions..
Based on the hospital size, the global hospital EMR systems market is segmented into Large Hospitals and Small & Medium Size Hospitals.
Key Players
Various key players are profiled in the global hospital EMR systems market are CERNER CORPORATION, EPIC SYSTEMS CORPORATION, MEDHOST, COMPUTER PROGRAMS AND SYSTEMS, INC. (CPSI), GE HEALTHCARE, ECLINICALWORKS, MEDICAL INFORMATION TECHNOLOGY, INC., and MTBC.
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Key Features
- The study provides an in-depth analysis along with the current trends and future estimations of the Global Healthcare EMR Systems Market to elucidate the imminent investment pockets.
- Qualiket Research offers quantitative and qualitative analysis of the industry for the period of 2020 to 2027 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.
- Key market players and their strategies are analyzed to understand the competitive outlook of the Global Healthcare EMR Systems Market.
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