US Electronic Medical Records market to reach $6 billion by 2015

The ‘U.S. Electronic Medical Records (EMR) Market, 2010-2015 (Market Share, Winning Strategies and Adoption Trends)’ analyzes the EMR market by end users, components and applications, and studies the major market drivers, restraints, and opportunities for the electronic medical records market in this region. A substantial growth rate (more than 16 percent) of the U.S. healthcare IT spending and the initiatives taken by government towards development of a nationwide healthcare information network are expected to push EMR implementation across the healthcare sector in the U.S. The rising demand for the healthcare cost containment and need to improve the quality of healthcare service are driving the growth of the EMR market in the U.S. The U.S. EMR market is expected to grow from $2,177 million in 2009 to $6,054 million in 2015 at an estimated CAGR of 18.1 percent during the forecast period 2010-2015.

Though large-sized healthcare practices prefer on-site/client-server based EMR systems, web-based EMR solutions or ASP models are gaining higher popularity within the small-sized healthcare practices and private physician offices. The U.S. EMR market space is highly fragmented with more than 1000 players in 2010, Allscripts emerged as a market leader with 15.7 percent market share in the physician office EMR market; whereas Meditech led the hospital EMR segment with an overall market share of 24.9 percent. The report uates the U.S. EMR market with respect to its sub-segments on the basis of end users, components, and applications.


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