Hospital EMR Systems Market Size, Share, By Component, By Product Type, By Delivery Mode, By End User, By Region, And Segment Forecasts, 2024-2033
Overview and Scope
Hospital EMR (electronic medical records) is a system of keeping electronic
records of health-related information of an individual that has undergone
treatment in the hospital. The primary objective of a hospital EMR system is to
provide a systematized collection of electronically recorded health information
in digital format for patients and populations.
Sizing and Forecast
The hospital emr systems market size has grown rapidly in recent years. It will
grow from $17.31 billion in 2023 to $19.08 billion in 2024 at a compound annual
growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed
to digital transformation in healthcare, government initiatives and
regulations, need for data accuracy and accessibility, focus on patient-centric
care, improvement in healthcare quality, paperless healthcare environments..
The hospital emr systems market size is expected to see strong growth in the
next few years. It will grow to $25.62 billion in 2028 at a compound annual
growth rate (CAGR) of 7.6%. The growth
in the forecast period can be attributed to population health management
requirements, global health challenges, focus on precision medicine,
cybersecurity measures, customization for specialized care, telehealth
integration and support. Major trends in the forecast period include
cloud-based emr adoption, interoperability and data exchange, integration with
health information exchange (hie) networks, mobile access and patient
engagement, population health management, cybersecurity measures, collaboration
with health tech startups..
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Segmentation & Regional Insights
The hospital emr systems market covered in this report is segmented –
1) By Component: Services, Software, Hardware
2) By Type: General EMR Solutions, Specialty EMR Solutions
3) By Delivery Mode: On-premise, Cloud-based
4) By Hospital Size: Small and Medium-sized Hospitals, Large Hospital4
North America was the largest region in the hospital EMR systems market in
2023. The regions covered in the hospital emr systems market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
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Major Driver Impacting Market Growth
The increase in adoption of EMR solutions worldwide is expected to propel the
growth of the hospital EMR systems market going forward. A computer-based
database system called an electronic medical record (EMR) system is tailored to
a single doctor or a particular medical institution. It is a digital patient
file that includes personal data, medical information, and a list of illnesses.
EMR is a system of keeping an electronic record of patient data. An electronic
medical record (EMR) is a system for storing patient data which are actively
being used in hospitals. For instance, in April 2022, according to the
Healthcare IT News, a US-based online publication and news source that focuses
on information technology and digital health topics within the healthcare
industry, 342 institutions from critical access hospitals to large health
systems to specialty hospitals were touched by an EMR purchase decision
(including migrations) in 2021 which is an
increase of 44%. Therefore, the growing adoption of EMR is driving the hospital
EMR systems market forward .
Key Industry Players
Major companies operating in the hospital emr systems market report are Cerner
Corporation, Epic Systems Corporation, Allscripts Healthcare Solutions Inc.,
Medical Information Technology Inc., Computer Programs and Systems Inc., GE
Healthcare Technologies Inc., Athenahealth Inc., MEDHOST Inc., eClinicalWorks
India Private Limited, NextGen Healthcare Information Systems LLC, Intersystems
Corporation, Medical Transcription Billing Corporation, Cantata Health
Solutions, Advanced Data Systems Corporation, CureMD.com Inc., McKesson Corp.,
Healthland Inc., Siemens Medical Solutions USA, Healthcare Management Systems,
Altera Digital Health, Azalea Health Innovations Inc., Greenway Health LLC,
Practice Fusion Inc., AdvancedMD Inc., A Harris Healthcare Company, Aprima
Medical Software Inc., ChartLogic Inc., DrChrono Corp., eMDs Inc., Kareo Inc.,
Modernizing Medicine Inc., PrognoCIS Inc., Pulse Systems Inc., Sevocity EHR, SRS
Healthcare and Research Centre Limited
The hospital emr systems market report table of contents includes:
1. Executive Summary
2. Hospital EMR Systems Market Characteristics
3. Hospital EMR Systems Market Trends And Strategies
4. Hospital EMR Systems Market - Macro Economic Scenario
5. Global Hospital EMR Systems Market Size and Growth
.....
31. Global Hospital EMR Systems Market Competitive Benchmarking
32. Global Hospital EMR Systems Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Hospital EMR Systems
Market
34. Hospital EMR Systems Market Future Outlook and Potential
Analysis
35. Appendix
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