Electronic Medical Record is a collection of the stored health information of the patient in a digital format. These records can be shared across different healthcare settings through network-connected or other information networks. It has potential to benefit each and everyone in the healthcare industry including physicians, patients, and healthcare organisations.
North America Electronic Medical Records Market Size& Growth:
The market share is valued at $15.11 billion in 2018 and is expected to reach $23.22 billion with a CAGR of 9.92% by 2024.Key points like Expansion of healthcare IT and improved infrastructure in developed countries, rising need for integrated healthcare systems and maximised patient safety and factors like Lack of technical expertise, Data Integrity, and safety concerns, High initial investments and lack of infrastructure for better connectivity are hampering this markets.
North America Electronic Medical Records Market Share:
Electronic Medical Records Market is classified by component, functionality, application, end user,
type and mode of delivery. By Component, the market is further segmented as software, hardware, services and consulting. By Functionality, it is divided into fully functional systems and basic systems. By Application, it is classified as speciality based which is further classified into neurology, cardiology, oncology, and radiology. By End User, it is classified as physician based EMR and hospital-based EMR. By Type, it is segmented into traditional EMR’s, interoperable EMR’s and speech-enabled EMR’s and by Mode of Delivery it is segmented into On-Premise model and Cloud-based
North America Electronic Medical Records Market Trends:
- The United States and Canada are expected to hold the most substantial growth in the Electronic Medical Records Market due to the increasing demand for healthcare IT services and due to the production of low-cost electronic chips and components.
- Computed Tomography is the product by GE Healthcare that is used to provide the
information in the vascular care
McKesson Corporation ranked 5th on the FORTUNE 500, is a North America leader in the healthcare information technology.
North America Electronic Medical Records Market Research Report includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- North America diversity is analysed with the major countries and the unions.
- Scrutinizing the revenue generation on Year–On–Year
- Identifying DROC in the current market and their impact in altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- McKesson Health Solutions LLC.
- Allscripts healthcare solutions
- Cerner Corporation
- Meditech.
