Global Hospital EMR Systems Market Size, Trends & Growth Opportunity, By Component (Hardware, Software, and Services), By Delivery Mode (On-Premise, and Cloud Based), and By Type (Small & Medium Size Hospitals, and Large Hospitals, Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100170 | Industries : Healthcare | Published On :May 2024 | Page Count : 235
Global Hospital EMR Systems Market Size, Trends & Growth Opportunity, By Component (Hardware, Software, and Services), By Delivery Mode (On-Premise, and Cloud Based), and By Type (Small & Medium Size Hospitals, and Large Hospitals, Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Hospital EMR Systems Market
Global Hospital EMR Systems Market was valued at USD 15.22 billion in 2021 and is expected to reach USD 26.61 billion by 2027, at a CAGR 6.98% from 2022-2027.
Hospital EMR systems are also synonymously called as electronic health records (EHR) systems. These systems can be in the form of hardware, software, services, and can be deployed as cloud based and on-premise models. They provide a range of functions like offering computerized physician order entry, clinical data repository, clinical decision support, and controlled medical vocabulary.
Market Drivers
Increasing government support for the adoption of EMR solutions is the key driving factor which is expected to propel the global hospital EMR systems market growth. Furthermore, rising patient volume due to various pandemics will have a positive impact on market growth.
Moreover, increasing demand for cloud based EMR solutions will boost the market growth during this forecast period 2027. Additionally, flexibility in customization in the needs of various general & specialized health professionals will drive the market growth further.
Market Restraints
However, high cost of deployment is the major challenging factor which is expected to hinder the market growth. Also, interoperability issues and data security concerns will affect the market growth.
Market Segmentation
The Global Hospital EMR Systems Market is segmented into components such as Hardware, Software, and Services, by delivery mode such as On-Premise, and Cloud Based, by type such as General EMR Solutions, and Specialty EMR Solutions.
Further, market is segmented into hospital size such as Small & Medium Size Hospitals, and Large Hospitals.
Regional Analysis
Global Hospital EMR Systems Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region occupies the highest market share of the global hospital EMR systems industry. In comparison to other geographical regions, the healthcare IT market in North America is one of the most developed sectors, because of the strict regulatory requirements contributing to significant investment and deployment of EMR systems in the majority of hospitals and clinics in the region.
Market Key Players
Various key players are discussed in the Global Hospital EMR Systems Market Report including: Epic Systems Corporation, Medical Information Technology, Inc., Cerner Corporation, Medhost, Computer Programs and Systems, Inc. (CPSI), Ge Healthcare, Eclinicalworks, Mtbc, Aprima, Athenahealth and Others.
For instance, in 2020, MTBC acquired CareCloud Corporation that will help the company yield greater operating efficiencies, accelerate growth, and provide more flexibility for future expansion.
Market Taxonomy
By Component
Hardware
Software
Services
By Delivery mode
On-Premise
Cloud Based
By Type
General EMR Solutions
Specialty EMR Solutions
By Hospital Size
Small & Medium Size Hospitals
Large Hospitals
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Global Hospital EMR Systems Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Hospital EMR Systems Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Hospital EMR Systems Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Hospital EMR Systems Market Share Analysis, By Component
5.3 Global Hospital EMR Systems Market Size and Forecast, By Component
5.3.1 Hardware
5.3.2 Software
5.3.3 Services
6 Global Hospital EMR Systems Market, By Delivery Mode
6.1 Y-o-Y Growth Comparison, By Delivery Mode
6.2 Global Hospital EMR Systems Market Share Analysis, By Delivery Mode
6.3 Global Hospital EMR Systems Market Size and Forecast, By Delivery Mode
6.3.1 On-Premise
6.3.2 Cloud
7 Global Hospital EMR Systems Market, By Type
7.1 Y-o-Y Growth Comparison, By Type
7.2 Global Hospital EMR Systems Market Share Analysis, By Type
7.3 Global Hospital EMR Systems Market Size and Forecast, By Type
7.3.1 General EMR Solutions
7.3.2 Speciality EMR Solutions
8 Global Hospital EMR Systems Market, By Hospital Size
8.1 Y-o-Y Growth Comparison, By Hospital Size
8.2 Global Hospital EMR Systems Market Share Analysis, By Hospital Size
8.3 Global Hospital EMR Systems Market Size and Forecast, By Hospital Size
8.3.1 Small & Medium Size Hospitals
8.3.2 Large Hospitals
9 Global Hospital EMR Systems Market, By Region
9.1 Global Hospital EMR Systems Market Share Analysis, By Region
9.2 Global Hospital EMR Systems Market Share Analysis, By Region
9.3 Global Hospital EMR Systems Market Size and Forecast, By Region
10 North America Hospital EMR Systems Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Hospital EMR Systems Market Share Analysis, By Component
10.3 North America Hospital EMR Systems Market Size and Forecast, By Delivery Mode
10.4 North America Hospital EMR Systems Market Size and Forecast, By Type
10.5 North America Hospital EMR Systems Market Size and Forecast, By Hospital Size
10.6 North America Hospital EMR Systems Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Hospital EMR Systems Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Hospital EMR Systems Market Share Analysis, By Component
11.3 Europe Hospital EMR Systems Market Size and Forecast, By Delivery Mode
11.4 Europe Hospital EMR Systems Market Size and Forecast, By Type
11.5 Europe Hospital EMR Systems Market Size and Forecast, By Hospital Size
11.6 Europe Hospital EMR Systems Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Hospital EMR Systems Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Hospital EMR Systems Market Share Analysis, By Component
12.3 Asia Pacific Hospital EMR Systems Market Size and Forecast, By Delivery Mode
12.4 Asia Pacific Hospital EMR Systems Market Size and Forecast, By Type
12.5 Asia Pacific Hospital EMR Systems Market Size and Forecast, By Hospital Size
12.6 Asia Pacific Hospital EMR Systems Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Hospital EMR Systems Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Hospital EMR Systems Market Share Analysis, By Component
13.3 Latin America Hospital EMR Systems Market Size and Forecast, By Delivery Mode
13.4 Latin America Hospital EMR Systems Market Size and Forecast, By Type
13.5 Latin America Hospital EMR Systems Market Size and Forecast, By Hospital Size
13.6 Latin America Hospital EMR Systems Market Size and Forecast, By Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Hospital EMR Systems Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Hospital EMR Systems Market Share Analysis, By Component
14.3 Middle East Hospital EMR Systems Market Size and Forecast, By Delivery Mode
14.4 Middle East Hospital EMR Systems Market Size and Forecast, By Type
14.5 Middle East Hospital EMR Systems Market Size and Forecast, By Hospital Size
14.6 Middle East Hospital EMR Systems Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 EPIC SYSTEMS CORPORATION
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 MEDICAL INFORMATION TECHNOLOGY, INC.
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 CERNER CORPORATION
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 MEDHOST
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 COMPUTER PROGRAMS AND SYSTEMS, INC
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 GE HEALTHCARE
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 ECLINICALWORKS
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 MTBC
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Aprima
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Athenahealth
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies