The Business Research Company’s report on the Hospital EMR Systems Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the hospital emr systems industry?
The increase in adoption of EMR solutions worldwide is expected to propel the growth of the hospital EMR systems market going forward. A computer-based database system called an electronic medical record (EMR) system is tailored to a single doctor or a particular medical institution. It is a digital patient file that includes personal data, medical information, and a list of illnesses. EMR is a system of keeping an electronic record of patient data. An electronic medical record (EMR) is a system for storing patient data which is actively being used in hospitals. For instance, in November 2022, according to the National Center for Biotechnology Information, a US-based government agency, user propensity to adopt EMR increased 18.357 times with each unit rise in the perception of its usefulness. Therefore, the growing adoption of EMR is driving the hospital EMR systems market forward.
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What is the estimated market size of the hospital emr systems sector by 2029, based on current forecasts?
The hospital emr systems market size has grown strongly in recent years. It will grow from $18.65 billion in 2024 to $20.34 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to digital transformation in healthcare, government initiatives and regulations, need for data accuracy and accessibility, focus on patient-centric care, improvement in healthcare quality, paperless healthcare environments.
The hospital emr systems market size is expected to see strong growth in the next few years. It will grow to $27.51 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to population health management requirements, global health challenges, focus on precision medicine, cybersecurity measures, customization for specialized care, telehealth integration and support. Major trends in the forecast period include cloud-based EMR adoption, interoperability and data exchange, integration with health information exchange (hie) networks, mobile access and patient engagement, population health management, cybersecurity measures, collaboration with health tech startups.
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#Who are the top players in the hospital emr systems market?
Major companies operating in the hospital emr systems market are Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions Inc., Medical Information Technology Inc., Computer Programs and Systems Inc., GE Healthcare Technologies Inc., Athenahealth Inc., MEDHOST Inc., eClinicalWorks India Private Limited, NextGen Healthcare Information Systems LLC, Intersystems Corporation, Cantata Health Solutions, Advanced Data Systems Corporation, CureMD.com Inc., McKesson Corp., Healthland Inc., Siemens Medical Solutions USA, Healthcare Management Systems, Altera Digital Health, Azalea Health Innovations Inc., Greenway Health LLC, Practice Fusion Inc., AdvancedMD Inc., A Harris Healthcare Company, Aprima Medical Software Inc., ChartLogic Inc., DrChrono Corp., eMDs Inc., Kareo Inc., Modernizing Medicine Inc., PrognoCIS Inc., Pulse Systems Inc., Sevocity EHR, SRS Healthcare and Research Centre Limited
#What are the major trends in the hospital emr systems market?
Product innovation is a key trend gaining popularity in the hospital EMR systems market. Major companies in the hospital EMR systems market are constantly introducing new technologies to strengthen their position in the market. For instance, in February 2022, MyHealthcare, an India-based healthcare technology company, launched the ‘MyHealthcare Enterprise Application (MHEA)’ for hospitals. The application is the world’s first single-screen hospital platform working on AI technology for keeping electronic medical records for out-patients, in the patient and emergency room. The MHEA ecosystem is built on a powerful, highly configurable workflow engine that enables doctors and hospital teams to manage entire patient care and hospital operations (HIMS).
Which geography holds the highest hospital emr systems market share?
North America was the largest region in the hospital EMR systems market in 2024. The regions covered in the hospital EMR systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the hospital emr systems market?
The hospital emr systems market covered in this report is segmented –
1) By Component: Services, Software, Hardware
2) By Type: General EMR Solutions, Specialty EMR Solutions
3) By Delivery Mode: On-premise, Cloud-based
4) By Hospital Size: Small And Medium-Sized Hospitals, Large Hospital
Subsegments:
1) By Services: Implementation Services, Consulting Services, Maintenance And Support Services, Training Services
2) By Software: Cloud-Based EMR Software, On-Premise EMR Software, Specialty-Specific EMR Software, Mobile EMR Applications
3) By Hardware: Servers, Workstations, Networking Equipment, Peripheral Devices
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How is the hospital emr systems market defined, and what are its core characteristics?
Hospital EMR (electronic medical records) is a system of keeping electronic records of health-related information of an individual that has undergone treatment in the hospital. The primary objective of a hospital EMR system is to provide a systematized collection of electronically recorded health information in digital format for patients and populations.
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