A new market research report by Transparency Market Research presents a comprehensive analysis of the global electronic medical records market, including the market overview, current market trends, market drivers and restraints, challenges and opportunities, product segmentation, major geographical segments, and competitive landscape of the market. The research report, titled “Electronic Medical Records Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023,” also includes the market figures and historical data along with valued inputs and recommendations from industry experts to assist the new as well as existing players in the market in formulating their business strategies efficiently.
By software delivery mode, the global market for electronic medical records has been classified into cloud and on-premise software. Cloud software retains flexibility so as to allow access to data records anytime and anywhere. On the other hand, on-premise software uses the organization’s local computing resources and it also needs a licensed software copy from an independent software seller.
Furthermore, on the basis of end use, the global market for electronic medical records has been segmented into home health agencies, clinics and nursing homes, and hospitals. The market shares and estimates of each segment have been analyzed and discussed in the research report. The modernization of and technical advancements in the overall healthcare industry and improvement in clinical studies are some of the major factors that are expected to fuel the growth of the global market for electronic medical records in the next few years. Moreover, the increasing adoption of these systems is expected to drive the overall healthcare industry and help in maintaining easy access to patient records.
On the basis of geography, the global market for electronic medical records has been categorized into Europe, North America, Asia Pacific, and Rest of the World. Among these regions, currently, North America dominates the overall market, followed by Europe. The rapid growth of these two regions can be attributed to the increasing accessibility and portability of medical document management systems and rising demand for paperless work to avoid human error. On the other hand, Asia Pacific is estimated to register the highest growth rate through the forecast period.
Furthermore, the research report talks about the competitive landscape of the global market for electronic medical records, emphasizing on the company profile, financial overview, products offered, business strategies, production capacities, mergers and acquisitions, if any, and SWOT analysis. The major players operating in the global market for electronic medical records include SequelMed, Allscripts Healthcare Solutions, Hyland Software, WRS Health, Epic Systems, GE Healthcare, Siemens Medical Solutions, 3M Company, Henry Schein, Inc., Medical Information Technology, Inc., Quest Diagnostics, Toshiba Medical Systems Corp., Cerner Corporation, McKesson Corporation, and Kofax Limited.
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