Zion Market Research, the market research group announced the analysis report titled ‘Worldwide Electronic Medical Records Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Electronic Medical Records Market: Overview
An electronic medical record is a digitalized version that has all of a medical history of the patient from one’s practice. An electronic medical record is usually used by providers for treatment and diagnosis. Utilization of these electronic medical records has improved the overall quality of care of the patients. It consists of all the clinical, demographic, financial and coded healthcare data of the patient. Many organizations such as the World Health Organization stress on the utilization of the usage of the electronic records for improving the health treatments.
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Global Electronic Medical Records Market: Segmentation
The worldwide electronic medical records are segmented into its components, end-user, types of the functionality, application, types and the geography. On the basis of the component, the global market is mainly classified as hardware, software, consulting and services. Based on the end user, the global market is bifurcated into physician based EMR and hospital based EMR. On the basis of the types of functionality, the global market is divided into fully functional system and basic system. Based on application, the global market is bifurcated into neurology, cardiology, oncology, and radiology. On the basis of types, the global market for a worldwide electronic medical record is divided into speech-enabled EMR, traditional EMR, interoperable EMR, and others. Based on delivery mode, the global market is bifurcated into cloud-based model on-premises model. Geographically, the market is diversified into regions such as Asia Pacific, North America, Europe and Rest of the World.
Global Electronic Medical Records Market: Growth Factors
The global worldwide electronic medical record market is estimated to have an upscale in coming future. Rising need for integrated healthcare systems is the main reason that has elevated the growth of the global market. In addition to this, maximized patient safety is powering the growth of the global market. Additionally, curtailed health care cost is also driving the global worldwide electronic medical record market growth. Further, increasing adoption rates of big data in healthcare is also powering the growth of the global market. In addition to this, initiatives and incentive programs launched by the government are powering the growth of the global market. Moreover, improved infrastructure, especially in developed countries is one of the main factors powering the growth of the global worldwide electronic medical record market. On the other hand, lack of technical expertise and sufficient knowledge base is hampering the growth of global worldwide electronic medical record market.
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Global Electronic Medical Records Market: Regional Analysis
The global market for the worldwide electronic medical record is regionally segmented into Europe, the Middle East and Africa, Asia-Pacific, and North America. Rising need for integrated healthcare systems is boosting the global market in Canada and the U.S. Reduced prescription errors have elevated the global market in Asia Pacific. Implementation of E-Health Record is escalating the global market in Europe.
Global Electronic Medical Records Market: Competitive Players
Some of the key players in the global market for the worldwide electronic medical record are Cerner Corporation, Allscripts, Epic, eClinicalWorks, GE Healthcare, Meditech, McKesson, and others.
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Electronic Medical Records Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
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