Electronic Medical Records Market Share, Analysis, and Industry Forecast till 2024

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Electronic Medical Records Market Size, Share, Outlook, and Opportunity Analysis, 2017 - 2024 Global Electronic Medical Records Market, By Product Type (Inpatient EMR, Outpatient EMR), Component (Software, Services), Deployment (On-premise, Cloud-based, Hybrid), End User (Ambulatory Surgical Centers, Specialized Clinics, Hospitals, General Physician Specialized Clinics), and Geography - Insights, Opportunity Analysis, and Industry Forecast till 2024 The global healthcare sector is undergoing a wave of transformation, with digitization being the core focus area of service providers. Healthcare IT products and systems are in high demand in emerging nations such as India, China, Brazil, Indonesia, and also Israel, as part of the ongoing upgrade of healthcare infrastructure in these countries. This is expected to propel growth of the electronic medical records market in these regions. Deployment of EMR systems involves longterm collaboration between the system developer and user. This service offering generates a continuous revenue model for electronic medical record service providers. The global market is therefore expected to grow at a sustainable rate over the foreseeable future. The question for sustainability of this system arises on account of the existence of electronic health records (EHR), which allows easy access to patient health records irrespective of the time and physical location of the user. The EHR system, however, finds major applicability in large hospitals, and diagnostic centers thus paving the opportunity for EMR in smaller and mediumsized private clinics and health centers, which account for a major share of the healthcare practices.

Request Sample Copy of this Business Report @ https://www.coherentmarketinsights.com/insight/request-sample/196 Digitization is the new buzzword across industries from apparels, cosmetics, food, electronics, to even pharmaceutical products. Consumers are increasingly inclined towards having all information available at the click of a button. This has urged product and service providers to install digital platforms in their business operations to improve customer satisfaction. With a number of patients visiting clinics, diagnostic laboratories, and hospitals, maintaining patient records is very imperative for these service providers. Electronic medical record (EMR) is a good


solution for the healthcare providers to maintain patient records. EMRs ease the practice of healthcare providers and allow for better decision making by analyzing the patient’s medical history. An EMR, however, restricts the usage to healthcare providers, disallowing the access to patients outside the practice location. EMR differs from electronic health records (EHR), as EHR allow access of medical records to patients on the move and is inclusive of all the medical records (treatment, and diagnosis) of the patient. This factor limits the medical decision using EMR. Ever-evolving patient needs ably met by easy to access EMR Patients demand efficient healthcare service with access to proper medical records. Hospitals, clinics, diagnostic laboratories and ambulatory centers are constantly improving their healthcare infrastructure. Installation of electronic medical record system significantly reduces physician’s time and improves decision making. A digital mode of storing patient’s medical records allows the physician to revisit the patient’s medical history under his/her medical therapy and guidance. Increasing inclination of patients towards gaining easy access to their medical records through digital mode would propel implementation of electronic medical records. Moreover, this factor is also driving upgrade of the existing EMR systems making it more efficient and integrated to offer better patient care services. Catholic Health Services (CHS) and University of Maryland Medical System (UMMS) achieved Stage 6 recognition (almost fully automated/paperless medical records) by the Healthcare Information and Management Systems Society (HIMSS) Analytics in March 2017. Thus, demand for better technology-enabled care will drive growth of the electronic medical records market. Digital transformation to underpin the adoption of EMR in emerging economies Healthcare industry in emerging economies such as India, China, and Brazil is at the cusp of digital transformation. This could be the best opportunity for the electronic medical records market players to capitalize on the opportunity. Deployment of proper IT infrastructure coupled with personnel training would be required to support the growth of EMR market in these regions. As majority of population in Asia Pacific, Latin America and Africa belong to bottom of the pyramid, cost would be a major hindrance for growth of the EMR market. Local players are expected to gain ground by offering low cost products. Supportive regulations and favorable government incentives to implement EMR systems would be a major boosting factor for healthcare facilities in emerging economies.

Browse More About the Keyword Market Study @ https://www.coherentmarketinsights.com/market-insight/electronic-medical-records-market196 Report includes chapters which deeply display the following deliverable about industry: • Global Electronic Medical Records Market Research Objective and Assumption • Global Electronic Medical Records Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM)


• Global Electronic Medical Records Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Global Electronic Medical Records Market, By Regions • Global Electronic Medical Records Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Global Electronic Medical Records Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Global Electronic Medical Records Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Global Electronic Medical Records Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion Table of Contents of Keyword Market Report: 1. 2. 3. 4. 5. 6. 7. 8.

Research Objective and assumption Market Purview Market Dynamics, Regulations, and Trends Analysis Keyword Market, By Advanced Water Meters, 2017 - 2025 (USD Million) Keyword Market, By Service, 2017 - 2025 (USD Million) Keyword Market, By Solution, 2017 - 2025 (USD Million) Keyword Market, By Regions, 2017 - 2025 (USD Million) Competitive Landscape

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