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Electronic Health Records (EHR) Market: North America and Europe’s Firm Foothold Will Continue to 2020 Thanks to Governm

Paper-based records are being phased out at a rapid pace in the healthcare industry, and paperless healthcare systems are filling this void. Digitization and virtualization are the two biggest trends and they have created a whole new electronic health records (EHR) market within the global healthcare industry. The ball has been set rolling with over 54% physicians in the United States adopting electronic health record systems, as of 2011. These estimates were reported by the U.S. Centers for Disease Control (CDC). In the same year, 50% of physicians who were not already using an EHR system said that they planned to invest in one within the next twelve months.

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Electronic Health Records (EHR) Market: North America and Europe’s Firm Foothold Will Continue to 2020 Thanks to Governm

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  1. Transparency Market Research Electronic Health Records (EHR) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020 Published Date 2015-02-27 73 Page Report Request Sample Buy Now Press Release Electronic Health Records (EHR) Market: North America and Europe’s Firm Foothold Will Continue to 2020 Thanks to Government Backing Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

  2. Electronic Health Records Market REPORT DESCRIPTION Paper-based records are being phased out at a rapid pace in the healthcare industry, and paperless healthcare systems are filling this void. Digitization and virtualization are the two biggest trends and they have created a whole new electronic health records (EHR) market within the global healthcare industry. The ball has been set rolling with over 54% physicians in the United States adopting electronic health record systems, as of 2011. These estimates were reported by the U.S. Centers for Disease Control (CDC). In the same year, 50% of physicians who were not already using an EHR system said that they planned to invest in one within the next twelve months. Browse Full Global Electronic Health Records Market Report With Complete TOC @ http://www.transparencymarketresearch.com/electronic-health-records-market.html A similar change is taking place in the United Kingdom, as by 2018, the National Health Service (NHS) is slated to go entirely paperless. Thus, the market for electronic health records in the United Kingdom looks promising. Market Forecasts in Numbers: The Electronic Health Records Market will Show a 6.4% CAGR According to the findings of Transparency Market Research (TMR), a U.S.-based market intelligence firm, the global electronic health records (EHR) market is projected to show a CAGR of 6.4% between 2014 and 2020. This marks an imminent phase of moderate growth that will largely be seen in traditional markets. The global EHR market can be segmented based on the way the EHR systems are installed as web-based or client server-based. The latter accounted for the better part of the market share in 2013, when considered from the revenue perspective. But, the CAGR of web-based EHR systems is expected to be higher through 2020 largely because such systems have only a nominal upfront cost, and do not call for the installation of hardware systems and components. 2 Transparency Market Research

  3. Electronic Health Records Market The market for electronic health records (EHR) can also be classified based on the end-users that purchase such systems; the market is thus composed of hospitals and ambulatory centers. The former was the dominant segment by revenue in 2013, as 90% of all hospitals in the United States were found to have a certified EHR system in 2013. This estimate was provided by the Annual IT Health Survey conducted by the American Hospital Association (AHA). Most of these hospitals, however, opt for a client server-based electronic health record system simply because it facilitates faster data transmission between multiple facilities when compared with cloud- based electronic health record systems. However, the future growth prospects of the ambulatory centers end-user type are expected to be most promising. The key reason behind this is the higher penetration of cloud-based EHR solutions providers in the market. With minimal or no upfront costs to ambulatory centers, cloud-based EHR systems offer a great solution. Many government health agencies and not-for-profit health organizations have been putting pressure on hospitals and physicians to switch over to electronic health records. Europe and North America Will Continue Dominance in the Electronic Health Records (EHR) Market to 2020 About 42% of the total global EHR market was held by North America in 2013. The second largest market was that of Europe, which was followed by Asia Pacific. Till 2020, these rankings are unlikely to change, as North America will continue to hold a lead over other regional markets supported by solid government funding. However, the EHR market is gathering steam in Australia and New Zealand as well as Asian countries such as China, Japan and India. The three Asian economies will exhibit the fastest growth, and will grow consistently to contribute to a major chunk of the market revenues by 2020. The leaders in the electronic health records market have a grip on over 50% of all revenues. These leading players include: Cerner Corporation, Allscripts Healthcare Solutions, Inc., McKesson Corporation, GE Healthcare and Epic Systems. 3 Transparency Market Research

  4. Electronic Health Records Market Browse Full Press Release Report: http://www.transparencymarketresearch.com/pressrelease/electronic-health-records-market.htm Geographically, the global EHR market has been classified into four major regions, namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecast for each of these regions along with the CAGR has been provided in the report. The study on the global EHR market also suggests a list of recommendations for new companies willing to enter the market and for existing companies to accentuate revenue shares. The report concludes with the profiles of major players in the global EHR market such as Allscripts Healthcare Solutions, Inc., Cerner Corporation, Epic Systems, Medical Information Technology, Inc. (MEDITECH), McKesson Corporation, NextGen Healthcare (Quality Systems, Inc.), Computer Programs and Systems, Inc. (CPSI), GE Healthcare and eClinicalWorks. Each company profile in the report provides information under the heads: company overview, financial overview, product portfolio, business strategies and recent developments. The company overview section comprises basic information about the company such as major business areas, company’s brief history and its establishment year, number of employees and geographical presence. In the financial overview section, annual revenue for the last three consecutive years (2011, 2012 and 2013) has been provided. The business strategies section mentions key strategies adopted by the company in the past to strengthen its position in the EHR market. The recent development section gives information about the recent happenings in the companies operating in the EHR market. The global EHR market is segmented as follows: Global EHR Market, by Installation Type Web-based EHR System Client Server-based EHR System Global EHR Market, by End-user Hospitals 4 Transparency Market Research

  5. Electronic Health Records Market Ambulatory Centers Global EHR Market, by Geography North America Europe Asia-Pacific Rest of the World (RoW) Request a Brochure of this Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=4153 About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector — such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Mr. Nachiket Ghumare 5 Transparency Market Research

  6. Electronic Health Records Market 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ 6 Transparency Market Research

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