The Future of Healthcare: Exploring the Medical Record (EMR) Market
Straits Research has published a comprehensive report on the global Electronic Medical Record (EMR) Market, projecting significant growth over the forecast period (2024-2032). The report provides an in-depth analysis of the market size, drivers, restraints, opportunities, and key players.
The global Electronic Medical Record market size was valued at USD 30.4 billion in 2023 and is projected to reach from USD 32.3 billion in 2024 to USD 52.6 billion in 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period.
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Drivers in the Electronic Medical Record Market
The growth of the EMR market can be attributed to several factors, including:
- Increasing adoption of digital health records
- Government initiatives to promote the use of EMRs
- Rising demand for cloud-based EMR solutions
- Growing need for improved patient care and outcomes
Key Developments in the Electronic Medical Record Market
Some of the key developments in the EMR market include:
- The increasing use of artificial intelligence (AI) and machine learning (ML) in EMR systems
- The growing demand for interoperable EMR solutions
- The rising adoption of EMRs in emerging markets
Top Key Players in the Electronic Medical Record Market
Some of the top key players in the EMR market include:
- Cerner Corporation (the U.S.)
- Epic Systems Corporation (the U.S.)
- Allscripts Healthcare Solutions, Inc. (the U.S.)
- MEDITECH (the U.S.)
- GE Healthcare (the U.S.)
- NextGen Healthcare (the U.S.)
- Intersystems Corporation (the U.S.)
- Cantata Health (the U.S.)
- Advanced-Data Systems Corporation (the U.S.)
- CureMD (the U.S.)
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Segmentation Analysis of the Electronic Medical Record Market
The EMR market can be segmented based on component, application, delivery mode, and end-user.
By Component
- Software
- Services
- Hardware
By Application
- General Application
- Specialty-Based
By Delivery Mode
- Cloud-based
By End-User
- Hospital and Clinics
- Diagnostic Centers
- Ambulatory Care
- Research Laboratories
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Phone: +1 646 905 0080 (US), +91 8087085354 (India), +44 203 695 0070 (UK)
