EMR/EHR Market in the US 2015-2019
An EMR/EHR is defined is a digital version of the traditional paper-based medical record for a patient, which includes the patient’s information, history of care, clinical data, and information from multiple sources that are maintained within a hospital, clinic, or health center. Recently, the terms EMR and EHR have been used interchangeably. An EMR/EHR permits a clinician to track data over time, identify patients due for preventative screenings, help check patients on certain parameters such as blood pressure readings or vaccines, and monitor overall quality of care within the practice. An EMR/EHR helps make the process of patient record keeping easier, more accurate, comprehensive, and more efficient. EMR/EHR is one of the best ways to boost patient safety, manage chronic illnesses, and improve the efficiency of a practice.
TechNavio's analysts forecast the EMR/EHR market in the US to grow at a CAGR of 6.53% over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the EMR/EHR market in the US for the period 2014-2019. To calculate the market size, the report considers revenue generated from the sales of various EMR/EHR systems that are available in the market.
TechNavio's report, the EMR/EHR Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – EMR/EHR Market in the US 2015-2019
Technavio recognizes the following companies as the key players in the EMR/EHR market in the US: Allscripts Healthcare Solutions Inc., Cerner Corp., eClinicalWorks, Epic Systems Corp., McKesson Corp. and Medical Information Technology Inc. (MEDITECH)
Other Prominent Vendors in the market are: Advanced Data Systems, Allmed, Aprima Medical Software, Athenahealth, Bizmatics, CareCloud, ChartLogic, CPSI, CSC, CureMD, DrFirst, Emdeon, e-MDS, GE Healthcare, Greenway Medical Technologies, Healthland, Kareo, Medent, MedHost, Meditab, Medsphere Systems, Merge Healthcare, NEXTGEN Healthcare, Nuesoft, Practice Fusion, Quadramed, Sequel Systems, Siemens Healthcare Diagnostics, SoapWare, Streamline MD, WebPT, Wellsoft and WRS Health
Commenting on the report, an analyst from Technavio’s team said: “An increase in competition among leading healthcare companies dealing with EMR/EHR systems is one of the trends in the market. Vendors offer packages with various solutions to healthcare providers to stay competitive. However, the lack of true interoperability provides opportunities for the entry of new vendors.”
According to the report, the aging population is a major contributor to market growth. Elderly people are highly susceptible to illnesses and may need frequent visits to the ER, which fuels the demand for highly efficient technical systems — such as EMRs/EHRs — to improve service delivery in hospitals as well as healthcare centers.
Further, the report states that security concerns are a major challenge to the market growth. EMRs/EHRs are in an online digital format, creating hacking fears; the lack of data security is a major concern for physicians and patients.
Allscripts Healthcare Solutions Inc, Cerner Corp, eClinicalWorks, Epic Systems Corp, McKesson Corp, Medical Information Technology Inc (MEDITECH), Advanced Data Systems, Allmed, Aprima Medical Software, Athenahealth, Bizmatics, CareCloud, ChartLogic, CPSI, CSC, CureMD, DrFirst, Emdeon, e-MDS, GE Healthcare, Greenway Medical Technologies, Healthland, Kareo, Medent, MedHost, Meditab, Medsphere Systems, Merge Healthcare, NEXTGEN Healthcare, Nuesoft, Practice Fusion, Quadramed, Sequel Systems, Siemens Healthcare Diagnostics, SoapWare, Streamline MD, WebPT, Wellsoft and WRS Health