Electronic Medical Records (EMR) Market Research By Growth, Competitive Methods And Forecast

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Electronic Medical Records (EMR) Market Analysis,
Growth, Size, Demand Forecast 2021-2025 FMI
Report

• May 2021

Report Id   REP-GB-387Published On  
2016-04-26Category Healthcare, Pharmaceuticals
Medical Devices
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Electronic Medical Records (EMR) Market Analysis
Leadingelectronic medical records developers are
pushing for the implementation of
administrativepatches to suit emergency
preparedness parameters required during the
pandemic. The electronic medical records
(EMR)market is anticipated to display a healthy
5.6 CAGR during the forecastperiod from 2015 to
2025. The ongoing coronavirus pandemic is
positivelyimpacting the industry, as telehealth
and healthcare administrationapplications
generate high demand. Research and development
activities towardsemergency preparedness will
support market growth in the near term. "The
globalhealthcare industry making rapid strides
toward digitization of data andoperations. Major
initiatives by governments, such as the adoption
andstandardization of electronic medical records,
and appropriate training theworkers in the
healthcare sector will support market growth for
the foreseeablefuture,"says the FMI report.
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Electronic Medical Records (EMR) Market Analysis

• Electronic Medical Records -Primary Takeaways
• Electronic Medical Records - Growth Factors
• Widespread implementation ofgovernment-run
  nationwide strategies towards the adoption of EMR
  supportsmarket growth.
• Automation improvements tohealthcare
  administration systems, will generate key
  opportunities for marketgrowth.
• Electronic Medical Records - Major Constraints
• Data privacy and security concernsremain a key
  challenge of EMR developers and market players.
• High costs associated to thedeployment and
  maintenance of EMR systems reduce adoption rates.

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Electronic Medical Records (EMR) Market Analysis
The Projected Impact of Coronavirus While
electronic medical records have aided healthcare
practitioners in better access to patient data
and administrative co-ordination, most systems in
the industry are no build to work for pandemic
conditions. High rates of covi-19 testing have
made it important for market players to focus not
only on tracking and billing applications, but
also on emergency preparedness parameters. As
such, the pandemic has generated very lucrative
opportunities of development for market players
in the short term. For information on the
Research Approach used in the Report, Request
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Electronic Medical Records (EMR) Market Analysis
Competition Landscape The electronic medical
records market comprises players including but
not limited to GE Healthcare, Cerner Corp.,
Greenway Health LLC, McKesson Corp., Next Gen
Health care Information Systems LLC, Medical
Information Technology Inc., and Epic Systems
Corp. Participants in the electronic medical
records (EMR) market are pushing for product
development and launches to meet requirements of
wider ranging healthcare sector applications,
generating new revenue streams. For instance,
MediQuanthas introduced Community Archive, a new
ambulatory electronic medical recordssystem, for
low cost services. McKesson Corp has unveiled its
Augmedix electronic health records charting
service aimed primarily towards specialty
healthcare practices. Also, Cerner Corp. has
collaborated with Veterans Affairsin the United
States to build a US 16 billion electronic
medical recordsproject in Washington. Request
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Electronic Medical Records (EMR) Market Analysis
More About the Study TheFMI study provides
detailed insights on electronic medical records.
The marketis broken down in terms of product
(hospital and ambulatory), end use
(hospitals,general physician clinic, specialized
clinic, and ambulatory surgical center),
component(software and services) and delivery
mode (client server, cloud based, and hybrid),
across seven key regions (North America, Latin
America, Western Europe,Eastern Europe, Asia
Pacific excluding Japan, Japan, and MEA).
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