A Global Market Review On Electronic Medical Records Market Requirements And Consumer Demands

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A Global Market Review On Electronic Medical Records Market Requirements And Consumer Demands

·         Global electronic medical records market estimated to be valued US$ XX Mn in 2017 and poised to grow at CAGR of X % over 2018-2024.

·         This report studies electronic medical records market dynamics elaborately to identify the current market trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.

·         In addition, electronic medical records market report includes the competition analysis with vividly illustrated the competition dashboard to assess the market competition.

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E-healthcare records capture the data pertaining to clinical, demographic, and financial information, which can use by clinicians and other HCPs of the organization. These E-medical records contain pooled patient information that is shared between the organizations. Moreover, the advantages of E-medical records over pen-paper records such as improved patient care, reduction in dose errors, informed decision making, and reduced operational cost & time, are driving the adoption Electronic medical records adoption in various healthcare setups. In addition, increasing regulatory requirement to capture the patient health records for drug product approval also projected to drive market revenue growth.

The wave digital transformation is helping to upgrade existing healthcare infrastructure with more efficient electronic record system in the in developing countries, which is propelling market revenue growth in emerging countries. Moreover, key stakeholders such as patients, Healthcare Professionals (HCPs), policymakers, and regulators increasingly seeking for detailed patient health records to make informed decisions. The growing demand from patient fraternity for improved healthcare services, improved treatment and diagnosis decisions by HCPs are creating market demand for electronic medical records across the globe. 

The global electronic medical records (EMR) market is segmented into following categories-  

1.      Component Type

·         Hardware

·         Software

·         Services & Consulting

2.     Functionality

·         Basic Systems

·         Fully Functional Systems

3.     Application

·         Specialty based

·         General Applications

4.     EMR Type

·         Traditional EMR’s

·         Speech enabled EMR’s

·         Interoperable EMR’s

·         Others

5.     Mode of Delivery

·         Cloud-based

·         On-premise model

·         Hybrid

6.     End-users

·         Hospital-based EMR

·         Physician based EMR

7.     Geography

·         North America

·         Europe

·         Asia-Pacific

·         Latin America

·         The Middle East & Africa

North America market leads the global electronic medical records market and projected to remain dominant over the forecast period owing to rise in adoption EHR in across the healthcare setups in the region. Asia-pacific electronic medical records market projected to grow at significant CAGR over the forecast period owing to digital transformation of EHR and economic growth in the region. 

Some of the key players in the global Electronic Medical Records market include Healthcare Management Systems (U.S), Healthland (U.S), McKesson Corporation (U.S), Allscripts (U.S), GE Healthcare (UK), Epic Systems Corporation (U.S), Eclinicalworks, LLC (U.S), CureMD Healthcare (U.S), Cerner Corporation (U.S), NextGen Healthcare (U.S), Meditech (U.S).

Players in the electronic medical records market are entering into partnerships, collaborations, and acquiring smaller players to garner larger market share

Key Questions Answered

·         What is the current and future electronic medical records market outlook worldwide? What trends are affecting the global market?

·         What is the competitive landscape and market share of major players in the electronic medical records globally?

·         What are the key, high growth markets that electronic medical records manufacturers should expand into? Which market segments are growing the fastest?

·         What are the unmet needs with the electronic medical records currently on the market? How will emerging technologies fulfil these unmet needs?

·         What is physician perception and market outlook of electronic medical records?

·         What are the challenges and barriers that have hindered widespread adoption of electronic medical records market?

Reasons to buy active pharmaceutical ingredients market Report:

·         Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering

·         Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

·         Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

·         Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

·         A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment

·         Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

·         Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

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