EMR Market Grew 15% in 2012: 2013 Electronic Medical Records Report
ReportsnReports.com offers new EMR market research reports with 2017 & 2018 forecasts for electronic medical records industry.
DALLAS, May 6, 2013 /PRNewswire-iReach/ -- EMR 2013: The Market for Electronic Medical Records and U.S. Market for Electronic Medical Records are new EMR market research reports available with ReportsnReports.com.
The market for electronic medical records (EMR) reached 20.7Billion in 2012, a 15% increase from the 17.9 billion in 2011 driven by hospital IT upgrades and the lure of government incentives, according to Kalorama Information. The healthcare market research publisher says vendors should see robust sales this year and next as vendors try to avoid U.S. government penalties for paper record use. Explore its sixth annual report on electronic medical records (EMR) market, EMR 2013: The Market for Electronic Medical Records, now available with ReportsnReports.com.
This report includes revenues for EMR/EHR systems, CPOE systems, and directly related services such as installation, training, servicing, and consulting which are key profit areas for companies but does not include hardware or other IT systems unrelated to EMR such as billing systems. It helps answers questions like: How have the incentives worked? Have reluctant physicians embraced EMR? Where does hospital adoption stand? What is the competitive situation among vendors now? Is there still opportunity for new entrants?
The electronic medical records market in the United States is competitive, with over 400 providers; however, increasing mergers and acquisitions in the industry will result in the reduction in the number of competitors. Companies remain competitive by offering high-quality solution packages to private practices and hospitals. However, there is still ample opportunity for other companies and new entrants. There is still not a single system that is complete with true interoperability. The main drawback for smaller companies is the cost to enter the market with a certified product.
The report estimates the size of the market for the EMR hospital and EMR physician markets and reviews usage trends among hospitals and physicians. It also forecasts the market to 2017. Included in the report are statistics influencing the industry, demographics, life expectancy, and company strategies. Market share is provided for top players in the industry. Revenues are reported based on worldwide figures with a focused view on US competitors and US trends.
Several leading market participants are discussed in this report along with unique niche players including but not limited to: Abraxas, ADP Advanced MD, Allmeds, Allscripts Healthcare Solutions, Amazing Charts, Aprima Medical Software, Athenahealth, Bizmatics, Cerner, ChartLogic, Computer Programs & Systems, CSC, eClinicalWorks, Emdeon, E-MDs, Epic, GE Healthcare, Greenway Medical, Healthland, Health Management Systems, Henry Schein, LLS Data Systems, McKesson, Medical Information Technology, Medent Community Computer Service Inc, MEDITECH, MedPlus, Inc, Medsphere Systems, MeridianEMR, Inc, NextGen, Nightingale Infomatix, Practice Fusion, QuadraMed Corporation, Sequel Systems, Inc, Siemens, Soapware, StreamLine MD, SuiteMed, Vitera Healthcare Solutions, Waiting Room Solutions and Web PT.
Comprehensive Table of Contents and more for the report @ http://www.reportsnreports.com/reports/239451-emr-2013-the-market-for-electronic-medical-records.html.
In 2011, the U.S. market for ambulatory electronic medical records was valued at over $1.2 billion. There has been a focus on developing ambulatory electronic medical records (EMRs) to ensure a larger and more encompassing healthcare network for patient care across the United States. As physicians are at the forefront of healthcare, the U.S. federal government has stepped in to propel ambulatory EMR adoption. Meaningful Use incentives have spurred the rapid adoption of EMR systems in the U.S. healthcare network, with many healthcare providers focusing on the installation and implementation of EMR systems in order to qualify for government incentives. This surging demand for EMR systems has driven new growth and will establish a steady stream of future revenue for EMR vendors. Thus, strong market growth will be realized as the majority of healthcare providers implement an EMR system over the forecast period.
The report "U.S. Market for Electronic Medical Records" pertains to a forecast period of 10 years (2008 – 2018) for the U.S. covering segments like EMR vs. HER, HIMSS Analytics EMR Adoption Model, Implementation of Computerized Physician Order Entry, Acute vs. Ambulatory EMR, EMR Hardware, EMR Software and EMR Financing Options. This report analyzes and evaluates the current state of the market including existing and potential markets, product average selling prices, and unit volumes. The report also highlights the opportunities and potential hazards involved, and presents strategies for successfully navigating the market landscape. Furthermore, it seeks to identify the trends and technologies that will affect the future of each market segment and prepares an unbiased critical assessment of such market drivers and limiters based on our "bottom up" approach, which includes primary and secondary research methods.
Companies mentioned in this report include: GE Healthcare, Epic, Cerner Corporation, eClinicalWorks, NextGen Healthcare, McKesson Corporation, Vitera Healthcare Solutions, e-MDs, Amazing Charts, 4 Medical, 7 Medical, Advanced MD, AthenaHealth, Greenway Medica Technologies, Healthland, Lumeris, Optum Insight, Practice Fusion, QuadraMed, Razor Insights and Allscripts Healthcare Solutions. Comprehensive Table of Contents and more for the report @ http://www.reportsnreports.com/reports/219916-us-market-for-electronic-medical-records.html.
Explore more reports on the electronic medical records (EMR) market @ http://www.rnrmarketresearch.com/reports/life-sciences/healthcare/information-technology/electronic-medical-record.
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