NEW YORK, Aug. 24, 2015 /PRNewswire/ -- No one company has even 20% of the nearly 25 billion-dollar market for electronic medical records (EMR), according to the healthcare market research publisher Kalorama Information. The firm says there is large supply of competitors and no single dominant company offering the top solution. As more physicians and hospitals use EMR and acquire EMR systems, and as hospitals and physician groups upgrade existing systems, there continues to be room for a competitive market. Kalorama reports on EMR markets every year. This year's report, EMR 2015: The Market for Electronic Medical Records, can be found at: http://www.kaloramainformation.com/redirect.asp?progid=87377&productid=8917410.
EMR providers include large players with long legacies in healthcare IT and teams of sales reps, along with smaller companies that service customers through web-based platforms.
According to Kalorama's report, Cerner garnered the top position in the EMR market with slightly less than 14% market share in 2014. McKesson, Epic, Allscripts, Siemens and GE Healthcare round up the larger-sized competitors in the market. Together, Kalorama estimates that these firms have 49% of the market.
"That leaves 51% of the market for the scores of medium and small sized firms," said Bruce Carlson, Publisher of Kalorama Information.
NextGen, eClinicalWorks, athenahealth, AllMeds, AmazingCharts, Aprima, eMDs, Meditech, Greenway Medical, CureMD, and Chart Logic are among the companies that also participate, and there are others. Kalorama cites the regional nature of the healthcare business, a large hospital and physician potential base, competition from web-based software, and continued demand for better usability, as the reasons for the diversity in the market.
"It has been the case that for several years in EMR there is no dominant player," said Carlson. "We don't see a change in this trend for the next few years."
The report has more information on trends driving the EMR market. It also breaks out the market for various regional markets and for hospital vs. physician markets. EMR 2015: The Market for Electronic Medical Records can be found at http://www.kaloramainformation.com/redirect.asp?progid=87377&productid=8917410.
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama's website and are also available on www.marketresearch.com and www.profound.com.
We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog at www.kaloramainformation.com.
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SOURCE Kalorama Information