Electronic Medical Records (EMR) Market: By Component Type (Hardware, Software, and Services & Consulting), By Functionality (Basic Systems and Fully Functional Systems), By Application (Specialty based and General Applications), By EMR Type (Traditional EMR's, Speech enabled EMR's, Interoperable EMR's, and Others), By Mode of Delivery (Cloud-based, On-premise model, and Hybrid), By End-User (Hospital-based EMR and Physician based EMR), and Geography

 

Electronic Medical Records (EMR) Market size was valued at USD 27.2 billion in 2022 and is expected to grow at a CAGR of 4.0% from 2023-2029. This report studies market dynamics elaborately to identify the current market trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, report includes the competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the electronic medical records market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs. Key stakeholders of the electronic medical records market report include hardware wallet & software vendors, hospitals, physician offices, policymakers, and healthcare service providers who are engaged in the usage of Electronic Health Records (EMR).E-healthcare records capture the data pertaining to clinical, demographic, and financial information, which can use by clinicians and other HCPs of the organization. These E-medical records contain pooled patient information that is shared between the organizations. Moreover, the advantages of E-medical records over pen-paper records such as improved patient care, reduction in dose errors, informed decision making, and reduced operational cost & time, are driving the adoption Electronic medical records adoption in various healthcare setups. In addition, increasing regulatory requirement to capture the patient health records for drug product approval also projected to drive market revenue growth over the forecast period.