Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
Hospital EMR Systems Market: Market Segments: By Product Type (Inpatient EMR and Outpatient EMR); By Component (Software and Services);
Product Overview
Hospital EMR systems are also known as Electronic Health Records (EHR) systems. These systems may be implemented as cloud-based and on-premise models in the form of hardware, software and services. They provide a number of functions such as providing entry of computerized physician order, support for clinical decision, registry of clinical data, and regulated medical vocabulary.
Market Highlights
Hospital EMR Systems Market is expected to project a notable CAGR of 7.5% in 2030.
Hospital EMR Systems Market to surpass USD 25.4 Billion by 2030 from USD 13 Billion in terms of value growing at a CAGR of 7.5% throughout the forecast period, i.e., 2020-30. The increase in the number of illnesses and the rising demand for quality patient care paves the way for the overall growth of global electronic medical record technology.
Hospital EMR Systems Market: Segments
Services Segment to grow with the highest CAGR of 13.2% during 2020-30
Hospital EMR Systems Market is segmented by components as services and software. The services segment is estimated to lead the market with a market share of over XX.X% in 2019. The rise in this segment is mainly due to the recurring existence of services, such as training and education services, installation services, consultancy services and maintenance services, as well as the increase in the number of patients admitted to hospitals.
Hospital EMR Systems Market: Market Dynamics
Drivers
Technological Advancements
Factors like growing need for integrated healthcare system, big data developments in healthcare industry, and technological advances in the field of data storage are driving the growth of the EMR market. On the other hand, the key constraints on the growth of the electronic medical records industry are factors such as data privacy concerns, high initial investment, lack of adequately qualified personnel, and interoperability problems
Restrain
Data Breaching
Cost is high for EMR implementation and maintenance. The costs include hardware and software sales, costs for selecting and contracting, and installation costs. It is expected that such a situation would hamper the development of the global demand for electronic medical records. In addition, the use of EMR gives rise to privacy issues as EMR data can be intentionally or inadvertently misused or may be obtained inappropriately or by unauthorized persons in hospitals, clinics or health facilities.
Hospital EMR Systems Market: Key Players
• Allscripts Healthcare Solutions Inc.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
• Epic Systems
• eClinicalWorks
• McKesson
• Cerner
• Athenahealth
• NextGen Healthcare
• Meditech
• Medhost
• Computer Programs and Systems, Inc (CPSI)
• InterSystems
• Cantata Health
Hospital EMR Systems Market: Regions
Hospital EMR Systems Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Hospital EMR Systems Market in North America led the market with a lion share of more than XX.X% in 2019 and is projected to maintain its lead over the forecast period. In view of supportive government policies implemented in compliance with the American Reinvestment & Recovery Act, the U.S. is expected to dominate the North American electronic medical records market over the forecast era (ARRA). The EMR market share in North America is followed by the market in Western Europe as more players are projected to enter the market in North America over the forecast period. The next lucrative market for EMR companies is anticipated to be Asia Pacific, as the market in this area is estimated to have an above-average CAGR of 5.3% in terms of value during the forecast period.
Hospital EMR Systems Market report also contains analysis on:
Hospital EMR Systems Market Segments:
By Product Type:
• Inpatient EMR
• Outpatient EMR
By Component:
• Software
• Services
• Cardiology
• Neurology
• Radiology
• Oncology
• Others
By End-user:
• Hospital-based EMR
• Physician-based EMR
• Hospital EMR Systems Market Dynamics
• Hospital EMR Systems Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
FAQs on Hospital EMR Systems Market
· Which segment is anticipated to hold the largest market share?
· At what CAGR is the market anticipated to grow between 2020 and 2030?
· Who are the key players in the Hospital EMR Systems Market?
· What could be the challenging factors in the growth of Hospital EMR Systems Market?
· What are the growth drivers for the Hospital EMR Systems Market?
By Application
(Cardiology, Neurology, Radiology, Oncology and Others); By End-User (Hospital-based EMR and Physician-based EMR); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030Product Overview
Hospital EMR systems are also known as Electronic Health Records (EHR) systems. These systems may be implemented as cloud-based and on-premise models in the form of hardware, software and services. They provide a number of functions such as providing entry of computerized physician order, support for clinical decision, registry of clinical data, and regulated medical vocabulary.
Market Highlights
Hospital EMR Systems Market is expected to project a notable CAGR of 7.5% in 2030.
Hospital EMR Systems Market to surpass USD 25.4 Billion by 2030 from USD 13 Billion in terms of value growing at a CAGR of 7.5% throughout the forecast period, i.e., 2020-30. The increase in the number of illnesses and the rising demand for quality patient care paves the way for the overall growth of global electronic medical record technology.
Hospital EMR Systems Market: Segments
Services Segment to grow with the highest CAGR of 13.2% during 2020-30
Hospital EMR Systems Market is segmented by components as services and software. The services segment is estimated to lead the market with a market share of over XX.X% in 2019. The rise in this segment is mainly due to the recurring existence of services, such as training and education services, installation services, consultancy services and maintenance services, as well as the increase in the number of patients admitted to hospitals.
Hospital EMR Systems Market: Market Dynamics
Drivers
Technological Advancements
Factors like growing need for integrated healthcare system, big data developments in healthcare industry, and technological advances in the field of data storage are driving the growth of the EMR market. On the other hand, the key constraints on the growth of the electronic medical records industry are factors such as data privacy concerns, high initial investment, lack of adequately qualified personnel, and interoperability problems
Restrain
Data Breaching
Cost is high for EMR implementation and maintenance. The costs include hardware and software sales, costs for selecting and contracting, and installation costs. It is expected that such a situation would hamper the development of the global demand for electronic medical records. In addition, the use of EMR gives rise to privacy issues as EMR data can be intentionally or inadvertently misused or may be obtained inappropriately or by unauthorized persons in hospitals, clinics or health facilities.
Hospital EMR Systems Market: Key Players
• Allscripts Healthcare Solutions Inc.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
• Epic Systems
• eClinicalWorks
• McKesson
• Cerner
• Athenahealth
• NextGen Healthcare
• Meditech
• Medhost
• Computer Programs and Systems, Inc (CPSI)
• InterSystems
• Cantata Health
Hospital EMR Systems Market: Regions
Hospital EMR Systems Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Hospital EMR Systems Market in North America led the market with a lion share of more than XX.X% in 2019 and is projected to maintain its lead over the forecast period. In view of supportive government policies implemented in compliance with the American Reinvestment & Recovery Act, the U.S. is expected to dominate the North American electronic medical records market over the forecast era (ARRA). The EMR market share in North America is followed by the market in Western Europe as more players are projected to enter the market in North America over the forecast period. The next lucrative market for EMR companies is anticipated to be Asia Pacific, as the market in this area is estimated to have an above-average CAGR of 5.3% in terms of value during the forecast period.
Hospital EMR Systems Market report also contains analysis on:
Hospital EMR Systems Market Segments:
By Product Type:
• Inpatient EMR
• Outpatient EMR
By Component:
• Software
• Services
By Application
:• Cardiology
• Neurology
• Radiology
• Oncology
• Others
By End-user:
• Hospital-based EMR
• Physician-based EMR
• Hospital EMR Systems Market Dynamics
• Hospital EMR Systems Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
FAQs on Hospital EMR Systems Market
· Which segment is anticipated to hold the largest market share?
· At what CAGR is the market anticipated to grow between 2020 and 2030?
· Who are the key players in the Hospital EMR Systems Market?
· What could be the challenging factors in the growth of Hospital EMR Systems Market?
· What are the growth drivers for the Hospital EMR Systems Market?
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
