EMR is a part of healthcare information technology that is used to make paperless computerized patient data in order to increase efficiency of hospital systems and reduce chances of errors in medical records. A substantial growth rate (more than 16%) of the U.S.
Dallas, TX -- (SBWIRE) -- 06/14/2011 -- The Healthcare practice at MarketsandMarkets is pleased to announce its “Analyst Briefing Presentation” on the “U.S. Electronic Medical Records (EMR) Market, 2010-2015 (Market Share, Winning Strategies and Adoption Trends)” to be held on June 16, 2011.
The rising demand for healthcare cost containment and need to improve quality of healthcare service are driving the growth of the U.S. EMR market. In addition to this, the federal incentives of $20 billion for healthcare providers to achieve “meaningful use” of EMR solutions by 2015 are expected to drive the EMR market during the forecast period. The U.S. EMR market is expected to grow from $2,177 million in 2009 to $6,054 million in 2015, at an estimated CAGR of 18.1% from 2010 to 2015.
Currently, the market players are focusing on development of interoperable EMR solutions. Many of the companies have taken route of agreements and partnerships to pull technical expertise and achieve their objective. Lowering the cost of EMR implementation is another burning issue within the industry which has driven growth of web-based EMR solutions within the industry. Though the client-server based EMRs formed approximately 76% of the EMR software market in 2009, web-based EMRs are gaining greater popularity within the smaller healthcare practices and expected to gain higher market share by 2015.
Industry participants with the most significant developments include Allscripts, Cerner, McKesson, EMIS, and NextGen. Industry players are undergoing consolidation to achieve marketing and distribution synergy and to develop an interoperable EMR solution.
This analyst briefing focuses on the U.S. Electronic Medical Records Market (EMR Market) over the period 2010-2015. The agenda for the briefing includes discussion on key high growth markets, marking the growth trend in the EMR end user, components and applications market. Furthermore, a briefing will be conducted on the competitive scenario and market trends and opportunities in the macro- and micro-markets in U.S.
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