Tuesday 28 January 2014

U.S. Electronic Medical Records (EMR) Market to reach $6 Billion mark by 2015

Electronic medical record (EMR) are a vast improvement over paper records. They allow more than one person to use a patient’s chart, are usually better organized than paper records, eliminate illegible handwriting, and allow storage of more information. An electronic medical record  is a digital version of a paper chart that contains all of a patient’s medical history from one practice. An EMR is mostly used by providers for diagnosis and treatment.
                                                    The information stored in EMRs is not easily shared with providers outside of a practice. A patient’s record might even have to be printed out and delivered by mail to specialists and other members of the care team. EMRs are one of the best ways to boost patient safety, manage chronic illnesses, and improve the efficiency of a practice. They also offer an excellent way to prescribe medication.


Benefits of Electronic Medical Records:



Electronic Medical Record is more beneficial than paper records because it allows providers to:

  • Track data over time
  • Identify patients who are due for preventive visits and screenings
  • Monitor how patients measure up to certain parameters, such as vaccinations and blood pressure readings
  • Improve overall quality of care in a practice


Future of Electronic Medical Record :



  • The long journey to the future success of healthcare starts with "electronic medical records" (EMR), a software-based solution that provides for the digital computerization, recording, and maintenance of patient and medical practice information. The EMR solution addresses the need to establish quality in patient care and viability in medical practice. It seeks to ensure the rendition of accurate, efficient, organized, and collaborative exercise of practice competencies for predictable and favorable patient outcomes.

  According to Our U.S. EMR Market Research Report :



  • 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 forecasted period. The U.S. EMR market is expected to grow from $2,177 million in 2009 to $6,054 million in 2015, at a CAGR of 18.1% from 2010 to 2015.

Scope of Report :


  • The report evaluates the U.S. EMR market with respect to its sub-segments on the basis of end users, components, and applications.
  • Each section provides market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report also provides market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.



                                                            FRAMEWORK OF integrated EMR SYSTEM



   Image Source : Markets and Markets


At present, the market players are focusing on development of interoperable EMR solutions. Many companies have opted the 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 that 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 players with the most significant developments include Allscripts, Cerner, McKesson, EMIS, and NextGen. They are undergoing consolidation to achieve marketing and distribution synergy and develop an interoperable EMR solution.

  For Further Inquiry About this Report Click Here






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