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Dec 19 : EMR market that is estimated to grow to $2,328.0 million by 2018

emr market

Electronic medical record (EMR)/Electronic health record (EHR) is a system that gathers manages, retrieves, and updates patient records in an electronic form. Practitioners use it to document, monitor, and manage healthcare across several providers.

The Asian Electronic Medical Record (EMR) market report defines and segments the concerned market in Asian with analysis and forecast of revenue. The electronic medical record market in the Asian region is estimated to grow to $2,328.0 million by 2018, at a CAGR of 9.4% from 2013 to 2018. Key Player in the Asian Electronic Medical Record (EMR) market are Athenahealth, Inc. (U.S.), Cerner Corporation (U.S.), Epic Systems (U.S.), Emdeon Inc (U.S.), Greenway Medical Technologies (U.S.), McKesson Corporation (U.S.), NextGen Healthcare Information Systems, LLC (U.S.), and Practice Fusion (U.S.)

Browse through the TOC of the Asian Electronic Medical Record (EMR) market, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the market in the same region, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/asia-emr-ehr-6436566179.html

The data stored in the EMR/EHR is a legal record of a patient’s medical history and treatment provided at any healthcare delivery centers. The electronic medical record (EMR) market is dependent on the growth and adoption of healthcare IT systems in this region. The high healthcare cost in developed countries, such as the U.S., Canada, Germany, and the U.K. has resulted in migration of patients to suitable developing countries, such as India, China, and Japan, resulting in the growth of healthcare IT market.

The healthcare IT solution market is growing at a rapid pace in the Asian region. The rising need to overcome critical issues regarding medication errors—such as adverse drug events, fragmented healthcare delivery, and rise in cost of healthcare has accelerated the demand for clinical IT solutions like patient information system, EMR, picture archiving communication system (PACS), as well as non-clinical IT solutions like workflow management solutions and administrative solution. For instance, healthcare IT stimulus program in China allocating more than $1.5 billion for the healthcare industry, with a view to increase the participation of private players in the Indian healthcare industry such as Apollo hospitals, Rockland, and others is expected to be a major driver for the growth of electronic medical record market in this region.

Presently, most of the markets in Asia, such as China, India, and Thailand, are still in developing stages in terms of automation of administrative activities within healthcare services. This provides large opportunities for EMR vendors, as electronic medical record (EMR)/ electronic health Record (EHR) would be the basic application to be adopted while moving towards complete implementation of Healthcare IT systems. Currently, the lack of standardization, in the terms healthcare policies in this region offers a huge market for the vendors who are not able to do business in developed nations due to high regulatory requirements.

The Electronic Medical Record (EMR) market is segmented and forecast based on components and deployments of electronic medical record market in Asian region. The components segment comprises of hardware, software, and services, while the deployments segment consists of on-premise, cloud-based, and web-based. The market is further segmented and forecast based on major countries, such as Japan, China, and India. The market is also segmented and analyzed based on the end users.

This report includes the market share and value chain analyses, along with market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market including major companies operational in this market.

Source

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