Global Hospital EMR Systems Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2022-2027 | EMR Inc.

April 25 20:46 2022
Global Hospital EMR Systems Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2022-2027 | EMR Inc.
Global Hospital EMR Systems Market Report and Forecast 2022-2027
Global Hospital EMR Systems Market To Be Driven By The Rising Demand For Cloud-Based Hospital EMR In The Forecast Period Of 2022-2027

The new report by Expert Market Research titled, ‘Global Hospital EMR Systems Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global hospital EMR systems market, assessing the market based on its segments like components, delivery modes, types, hospital sizes, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2020): USD 14.40 Billion
  • Forecast CAGR (2022-2027): 8%

The hospital EMR systems industry is being driven by the thriving cloud-based segment. It is primarily used by medical organisations without the requisite internal infrastructure. These systems eliminate the requirement for in-house maintenance, which is increasing the demand for EMR systems in hospitals. The rising application of the product in the medical sector to detect infectious diseases, blood glucose, and cholesterol, among others, is likely to provide an impetus to the market. Over the forecast period, various cloud-based benefits such as decreased start-up and licensing costs, reduced infrastructure and maintenance requirements, and increased accessibility are predicted to significantly contribute to industry growth.

Industry Definition and Major Segments

An electronic medical record (EMR) system is a computer-based database system that is unique to a single physician or medical organisation. It is a computerised record of a patient’s personal information, medical history, and a list of diagnoses. Patients’ data is integrated with the organisation’s practice management software, which manages scheduling and billing. As a result, they serve as an efficient replacement to traditional paper records, leading to enhanced communication and coordination among medical faculty so as to give the best possible care to patients.

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The market, on the basis of component, can be segmented into:

  • Services
  • Software
  • Hardware

On the basis of delivery mode, the market can be categorised into:

  • On-Premise
  • Cloud-Based

On the basis of type, the market can be categorised into:

  • General EMR Solutions
  • Speciality EMR Solutions

By hospital size, the market is bifurcated into:

  • Small and Medium Sized Hospitals
  • Large Hospitals

The regional markets for hospital EMR systems include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The introduction of various initiatives by governments to enhance the accessibility of healthcare is estimated to propel the market. The g