The "Hospital EMR Systems Market by Component (Hardware, Software, and Services), Mode of Delivery (Cloud based and on premise), Type (General EMR and Specialty EMR), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global hospital electronic medical records market is valued at an estimated USD 12.0 billion in 2018 and is projected to reach USD 18.3 billion by 2023, at a CAGR of 8.8% during the forecast period.
The key factors driving the growth of this market include the government support for the adoption of EMRs and the rising need to curtail healthcare costs. However, the high cost of EMR solutions is one of the major factors that is expected to restrain the growth of this market during the forecast period.
Based on the component, the hospital electronic medical records (EMR) market is further segmented into services, software, and hardware. The services segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the recurring nature of services such as training and education, installation, consulting, and maintenance services.
The healthcare IT industry relies heavily on service providers for consulting, storage, implementation, training, maintenance, and regular technology upgrades. The demand for services is expected to grow rapidly in the coming years due to the introduction of complex software and the integration and interoperability of software, which requires extensive training and upgrades.
Asia Pacific to witness the highest growth during the forecast period (2018-2023).
Asia Pacific is expected to witness the highest growth from 2018 to 2023. The highest growth rate of the Asia Pacific market is attributed to various investments and reforms to modernize China's healthcare infrastructure, the digital healthcare scenario in India, the One Singaporean, one health record initiative in Singapore, and the implementation of e-health initiatives in Australia.
The key players in the global hospital EMR market are Cerner Corporation (US), Epic Systems Corporation (US), athenahealth, Inc. (US), eClinicalWorks (US), Allscripts Healthcare Solutions, Inc. (US), Medical Information Technology, Inc. (US), MEDHOST (US), CPSI (US), and Intersystems Corporation (US).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Industry Insights
6 Market Overview
7 Hospital EMR Market, By Component
8 Hospital EMR Market, By Mode of Delivery
9 Hospital EMR Market, By Type
10 Hospital EMR Market, By Region
11 Competitive Landscape
12 Company Profiles
- Allscripts Healthcare Solutions, Inc.
- Athenahealth
- Cantata Health LLC
- Cerner Corporation
- Computer Programs and Systems, Inc. (CPSI)
- eClinicalWorks
- Epic Systems Corporation
- Intersystems Corporation
- MEDHOST
- Medical Information Technology, Inc. (MEDITECH)
For more information about this report visit https://www.researchandmarkets.com/research/3d3hqj/hospital_emr?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181121005173/en/
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Topics: Hospital
Management, E-Healthcare
