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Electronic Health Record (EHR) Systems Market

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The systems that are used to maintain digital health record of the patient are called electronic health record (EHR) systems.
Electronic Health Record (EHR) Systems Market Factors leading
to increasing demand Estimated By Global Players McKesson
Corporation and GE Healthcare
The systems that are used to maintain digital health record of the patient are called electronic
health record (EHR) systems. This systems supports the systematic storage of information such
as health progress notes, diagnoses, vital signs, medications, allergies, lab data and past medical
history. The electronic storage of the system helps the ecofriendly storage of the information
with minimum risk of losing it along with less manual work and other facilities such as easy
access to the required information.
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The EHR systems helps to access and track health records conveniently and also allows for easy
sharing of patient information with other healthcare professionals, in order to take clinical
decisions during the treatment. Furthermore, the system also helps to get connect with different
locations and healthcare departments to collect patient data; for instance, from clinical
laboratory, other hospitals, in schools for maintaining student’s health record, different
companies that keeps the health record of their employees, pharmacies, and emergency
facilities. For effective use and to avoid reimbursement loss from any treatment some EHR
system providers follow some methods to guide the patient and clinician during the course of
treatment.
As per the data published by Practice Fusion Blog, Inc. (It is the top most cloud based EHR
platform in U.S.), it is expected that, by the end of 2017 around 90% physicians will use EHR
systems in the U.S. Also, 67% out of all providers of EHR systems have reported that there is
1% growth in the adoption of EHR systems between September 2016 and March 2017. The
highest adoption rate of EHR systems is observed in internal medicines departments, pediatrics
departments followed by nephrology, family practice and urology department.
Technological advancements, highly beneficial applications and raised demand of EHR systems
lead the growth for Electronic health record (EHR) systems market towards positive direction in
the near future
The continuous improvements in healthcare sector and supportive government initiatives create
a highly conducive environment for growth of the global electronic health record (EHR) systems
market. For instance, the American Recovery and Reinvestment Act of 2009 authorizes the
Centers for Medicare & Medicaid Services (CMS) to provide incentive payments to eligible
professionals (EPs) and hospitals who adopt, implement, upgrade, or demonstrate meaningful
use of certified electronic health record (EHR) technology. The top contributor region in this
market is North America, followed by Europe, as this regions has high adoption rate and
developed healthcare network and facilities. The increasing development and digitalization in
emerging economies are expected to show the high growth rate in electronic health record
(EHR) systems industry in the near future. Also, high growth rate is expected from China as,
this country is known for the production of low cost electronic devices. Based on end user the
hospitals, as the hospitals generate large amount of data on a daily basis and the use of EHR
system reduces their work pressure and save time required to keep health record, therefore the
EHR systems became an integral part of hospitals in recent years. Also, the rising demand for
Web/Cloud-based EHR systems from small healthcare facilities will result in growth of this
segment of electronic health record (EHR) systems market in near the future.
Report includes chapters which deeply display the following deliverable about industry :
• Electronic Health Record (EHR) Systems Market Research Objective and Assumption
• Electronic Health Record (EHR) Systems Market Purview - Report Description, Executive
Summary, and Coherent Opportunity Map (COM)
• Electronic Health Record (EHR) Systems 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 Electronic Health Record (EHR) Systems Market, By Regions
• Electronic Health Record (EHR) Systems Market Competition by Manufacturers including
Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and
Product Type.
• Electronic Health Record (EHR) Systems Market Manufacturers Profiles/Analysis including
Company Basic Information, Manufacturing Base and Its Competitors.
• Electronic Health Record (EHR) Systems 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.
• Electronic Health Record (EHR) Systems Market Forecast including Production, Consumption,
Import and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Low affordability of EHR systems due to their high cost and maintenance and service expenses
are some factors restraining the growth of electronic health record (EHR) systems market. The
manufacturers are continuously working to reduce the cost of these systems to increase the
market penetration in emerging economies.
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Some of the major players in the electronic health record (EHR) systems market are Cerner
Corporation, athenahealth, Inc, Meditech, Allscripts, Epic Systems Corporation, Quality Systems
Inc, McKesson Corporation and GE Healthcare. Other emerging players in this market are
Healthcare Management Systems, eClinicalWorks, Healthland and CureMD Research &
Development. Also, the earliest acquisition in this market is Cerner Corporation acquired
Siemens Health Services in February 2015. This acquisition will drive the innovation and
development in healthcare IT segment.
About Coherent Market Insights
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analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Alex Huge
Alex Huge298   documents Email
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