Product Overview

Hospital EMR systems are also known as Electronic Health Records (EHR) systems. These systems may be implemented as cloud-based and on-premise models in the form of hardware, software, and services. They provide a number of functions such as providing entry of computerized physician order, support for the clinical decision, registry of clinical data, and regulated medical vocabulary.

Market Highlights

Hospital EMR Systems Market is expected to project a notable CAGR of 7.5% in 2030.

Hospital EMR Systems Market to surpass USD 25.4 Billion by 2030 from USD 13 Billion in terms of value growing at a CAGR of 7.5% throughout the forecast period, i.e., 2020-30. The increase in the number of illnesses and the rising demand for quality patient care paves the way for the overall growth of global electronic medical record technology. The introduction of an integrated delivery network for healthcare services using EMR technology has contributed to the widespread popularity of EMR software among hospitals and clinics. It is also anticipated that the rise in the number of hospitals and clinics would increase the overall demand for global electronic medical record technology.

Hospital EMR Systems Market: Segments

Services Segment to grow with the highest CAGR of 13.2% during 2020-30

Hospital EMR Systems Market is segmented by components as services and software. The services segment is estimated to lead the market with a market share of over XX.X% in 2019. The rise in this segment is mainly due to the recurring existence of services, such as training and education services, installation services, consultancy services, and maintenance services, as well as the increase in the number of patients admitted to hospitals. Also, the services segment is projected to rise at the highest CAGR over the forecast period. The recurrent existence of facilities, such as training and education, implementation, consultancy, and maintenance services, can be due to this. For consulting, storage, implementation, training, maintenance, and frequent technological updates, the healthcare IT industry relies heavily on service providers. Owing to the implementation of complex technologies and the integration and interoperability of software, which needs comprehensive training and updates, the demand for services is expected to rise quickly in the coming years.

Hospital-based EMR Segment to grow with the highest CAGR during 2020-30

Hospital EMR Systems Market is segmented by End-user into hospital-based EMR and physician-based EMR. The Hospital-based EMR segment accounted for the largest revenue share of XX.X% in 2019 growth in this end-user segment is attributed to the increasing number of hospitals, globally, and several advantages associated with using EHR and easy availability of patient-centric data. Additionally, due to strict regulatory requirements, most hospitals and clinics have widely adopted EHR solutions. Over the forecast period, increasing healthcare spending is expected to fuel the growth of the global electronic medical records industry. In addition, it is also predicted that the growing adoption of EMR technology would propel market growth.

Hospital EMR Systems Market: Market Dynamics

Drivers

Technological Advancements

Factors like the growing need for an integrated healthcare system, big data developments in the healthcare industry, and technological advances in the field of data storage are driving the growth of the EMR market. On the other hand, the key constraints on the growth of the electronic medical records industry are factors such as data privacy concerns, high initial investment, lack of adequately qualified personnel, and interoperability problems. Demand for EMR systems is motivated by the rapid speed of digitization of health services, including those provided by hospitals.

Initiatives by the Governments

Since the healthcare industry is moving towards digitization, electronic medical record (EMR) systems are becoming increasingly popular. The growth of the EMR market is motivated by many government initiatives, such as encouraging doctors to follow electronic health records, investing in training healthcare information technology staff, and setting up regional extension centers to provide technical and other advice. Over the forecast period, increasing healthcare spending is expected to fuel the growth of the global electronic medical records market. It is also predicted that the growing prevalence of chronic diseases and the evolving healthcare sector in emerging economies will give market players lucrative growth opportunities over the forecast period.

Restrain

Data Breaching

Cost is high for EMR implementation and maintenance. The costs include hardware and software sales, costs for selecting and contracting, and installation costs. It is expected that such a situation would hamper the development of the global demand for electronic medical records. Besides, the use of EMR gives rise to privacy issues as EMR data can be intentionally or inadvertently misused or may be obtained inappropriately or by unauthorized persons in hospitals, clinics, or health facilities. Therefore, concerns about privacy and protection are also expected to impede market development.

Hospital EMR Systems Market: Key Players

Allscripts Healthcare Solutions Inc.

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.

Epic Systems

eClinicalWorks

McKesson

Cerner

Athenahealth

NextGen Healthcare

Meditech

Medhost

Computer Programs and Systems, Inc (CPSI)

InterSystems

Cantata Health

Hospital EMR Systems Market: Regions

Hospital EMR Systems Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

Hospital EMR Systems Market in North America led the market with a lion share of more than XX.X% in 2019 and is projected to maintain its lead over the forecast period. Because of supportive government policies implemented in compliance with the American Reinvestment & Recovery Act, the U.S. is expected to dominate the North American electronic medical records market over the forecast era (ARRA). The EMR market share in North America is followed by the market in Western Europe as more players are projected to enter the market in North America over the forecast period. The next lucrative market for EMR companies is anticipated to be Asia Pacific, as the market in this area is estimated to have an above-average CAGR of 5.3% in terms of value during the forecast period.

Competitive Landscape:

Hospital EMR Systems market, which is highly competitive, consists of several major players such as Cerner Corporation (US), Epic Systems Corporation (US), Allscripts Healthcare Solutions, Inc. (US), MEDITECH (US), CPSI (US), GE Healthcare (US) hold a substantial market share in the Hospital EMR Systems market. Other players analyzed in this report are athenahealth, Inc. (US), MEDHOST (US), eClinicalWorks (US), NextGen Healthcare (US), Intersystems Corporation (US), MTBC (US), Cantata Health (US), Advanced Data Systems Corporation (US), CureMD (US) among others.

Key players are adopting inorganic growth strategies such as product launches in the global nutritional supplement market. For instance, In 2020, MTBC acquired CareCloud Corporation that will help the company yield greater operating efficiencies, accelerate growth, and provide more flexibility for future expansion.

Hospital EMR Systems Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Hospital EMR Systems Market report also contains analysis on:

Hospital EMR Systems Market Segments:

By Product Type:

Inpatient EMR

Outpatient EMR

By Component:

Software

Services

By Application:

Cardiology

Neurology

Radiology

Oncology

Others

By End-user:

Hospital-based EMR

Physician-based EMR

Hospital EMR Systems Market Dynamics

Hospital EMR Systems Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

FAQs on Hospital EMR Systems Market

Which segment is anticipated to hold the largest market share

At what CAGR is the market anticipated to grow between 2020 and 2030

Who are the key players in the Hospital EMR Systems Market

What could be the challenging factors in the growth of the Hospital EMR Systems Market

What are the growth drivers for the Hospital EMR Systems Market

Contents

1. Executive Summary

2. Hospital EMR Systems Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Hospital EMR Systems Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Hospital EMR Systems Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Hospital EMR Systems: Market Segmentation

12.1. By Regions

12.1.1. North America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Europe:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Asia-Pacific:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. MEA:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Latin America:

• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Product Type: Market Share (2020-2030F)

12.2.1. Inpatient EMR, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Outpatient EMR, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3 By Application: Market Share (2020-2030F)

12.3.1. Cardiology, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Neurology, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Radiology, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Oncology, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.5. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4. By End-User: Market Share (2020-2030F)

12.4.1. Hospital-based EMR, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.4.2. Physician-based EMR, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13. Company Profile

13.1.1. Allscripts Healthcare Solutions Inc.

13.1.2. Company Overview

13.1.3. Company Total Revenue (Financials)

13.1.4. Market Potential

13.1.5. Global Presence

13.1.6. Key Performance Indicators

13.1.7. SWOT Analysis

13.1.8. Product Launch

13.2. Epic Systems

13.3. eClinicalWorks

13.4. McKesson

13.5. Cerner

13.6. Athenahealth

13.7. NextGen Healthcare

13.8. Meditech

13.9. Medhost

13.10. Computer Programs and Systems, Inc (CPSI)

13.11. InterSystems

13.12. Cantata Health

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)