TechNavio recognizes the following companies as the key players in the Global Hospital-based EMR Market: Cerner Corp., Epic Systems Corp., McKesson Corp., and Siemens Healthcare Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “Enterprises across the globe are witnessing an increased adoption of cloud computing as they have realized the cost benefits associated with cloud-based services. There is also an increased adoption of EMR applications that cater to the requirements of end-users adopting cloud-based services. Cloud service providers are offering software, computing platform, and infrastructure support through the internet at far lower costs than the internal IT hardware infrastructure. Further, cloud-based services have various advantages such as rapid scalability, easy access, uninterrupted service, and high security. Such factors are responsible for the higher adoption of cloud services for hospital-based EMR systems.”
According to the report, one of the major drivers is the increased demand for advanced health monitoring systems. EMR systems provide advanced monitoring that enables doctors and patients to access high-quality healthcare information from anywhere. This results in faster access of health information and is expected to reduce medical errors, therefore reducing costs for hospitals.
Further, the report states that one of the key challenges in this market is the high cost of implementation. The deployment of EMR systems is an expensive process. In addition to capital costs, maintenance costs of such systems are also high.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Abraxas Inc., AllMeds Inc., Allscripts Corp., AmazingCharts Inc., Aprima Medical Software Inc., Athenahealth Inc., ChartLogic Inc., CliniComp Intl., CPSI Inc., CureMD healthcare, eClinicalworks, GE Healthcare Inc., Greenway Medical Technologies Inc., Healthland Inc., Healthcare Management Systems, Medical Information Technology Inc./Meditech, and NextGen Healthcare.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-hospital-based-emr-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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