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Global Electronic Medical Records (EMR - Physician Office & Hospital) Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

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    Report

  • 177 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5669407

There has been a significant increase in the demand for electronic health records due to the growing digitalization which in turn is fueling the market growth

The Global Electronic Medical Records (EMR - Physician Office & Hospital) Market is estimated to be USD 36.81 Bn in 2023 and is expected to reach USD 55.87 Bn by 2028 growing at a CAGR of 8.7%

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Electronic Medical Records (EMR - Physician Office & Hospital) Market is segmented based on Component, Product Type, Deployment, End User, and Geography.
  • By Component, the market is classified into Hardware, Software and Services.
  • By Product Type, the market is classified into Hospital EMR and Ambulatory EMR.
  • By Deployment, the market is classified into Hybrid Server Setup EMR and Cloud Based EMR.
  • By End User, the market is classified into Hospital-based EMR and Physician-based EMR.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Allscripts Healthcare Solutions, Inc., Cerner Corp., CureMD Corp., eClinicalWorks, LLC, Epic Systems Corp., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Electronic Medical Records (EMR - Physician Office & Hospital) Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Electronic Medical Records (EMR - Physician Office & Hospital) Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Electronic Medical Records (EMR - Physician Office & Hospital) Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Initiatives by the Government for Electronic medical records
4.1.2 Low Maintenance and Wider Accessibility
4.2 Restraints
4.2.1 Rising Issues of Data Breaching
4.3 Opportunities
4.3.1 Rapid Technological Advancements
4.3.2 Increasing Government Funding to Make the Treatment Affordable
4.4 Challenges
4.4.1 Shortage of Proper Trained Staff
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
5.5 PESTLE Analysis
6 Global Electronic Medical Records (EMR - Physician Office & Hospital) Market, By Component
6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services
7 Global Electronic Medical Records (EMR - Physician Office & Hospital) Market, By Product Type
7.1 Introduction
7.2 Hospital EMR
7.3 Ambulatory EMR
8 Global Electronic Medical Records (EMR - Physician Office & Hospital) Market, By Deployment
8.1 Introduction
8.2 Hybrid Server Setup EMR
8.3 Cloud Based EMR
9 Global Electronic Medical Records (EMR - Physician Office & Hospital) Market, By End User
9.1 Introduction
9.2 Hospital-based EMR
9.3 Physician-based EMR
10 Global Electronic Medical Records (EMR - Physician Office & Hospital) Market, By
10.1 Introduction
11 Global Electronic Medical Records (EMR - Physician Office & Hospital) Market, By
11.1 Introduction
12 Global Electronic Medical Records (EMR - Physician Office & Hospital) Market, By
12.1 Introduction
12.2
13 Americas’ Electronic Medical Records (EMR - Physician Office & Hospital) Market
13.1 Introduction
13.2 Argentina
13.3 Brazil
13.4 Canada
13.5 Chile
13.6 Colombia
13.7 Mexico
13.8 Peru
13.9 United States
13.10 Rest of Americas
14 Europe’s Electronic Medical Records (EMR - Physician Office & Hospital) Market
14.1 Introduction
14.2 Austria
14.3 Belgium
14.4 Denmark
14.5 Finland
14.6 France
14.7 Germany
14.8 Italy
14.9 Netherlands
14.10 Norway
14.11 Poland
14.12 Russia
14.13 Spain
14.14 Sweden
14.15 Switzerland
14.16 United Kingdom
14.17 Rest of Europe
15 Middle East and Africa’s Electronic Medical Records (EMR - Physician Office & Hospital) Market
15.1 Introduction
15.2 Egypt
15.3 Israel
15.4 Qatar
15.5 Saudi Arabia
15.6 South Africa
15.7 United Arab Emirates
15.8 Rest of MEA
16 APAC’s Electronic Medical Records (EMR - Physician Office & Hospital) Market
16.1 Introduction
16.2 Australia
16.3 Bangladesh
16.4 China
16.5 India
16.6 Indonesia
16.7 Japan
16.8 Malaysia
16.9 Philippines
16.10 Singapore
16.11 South Korea
16.12 Sri Lanka
16.13 Thailand
16.14 Taiwan
16.15 Rest of Asia-Pacific
17 Competitive Landscape
17.1 Competitive Quadrant
17.2 Market Share Analysis
17.3 Strategic Initiatives
17.3.1 M&A and Investments
17.3.2 Partnerships and Collaborations
17.3.3 Product Developments and Improvements
18 Company Profiles
18.1 Allscripts Healthcare Solutions, Inc.
18.2 Cerner Corp.
18.3 CureMD Corp.
18.4 eClinicalWorks, LLC
18.5 Epic Systems Corp.
18.6 GE HealthCare
18.7 Greenway Health, LLC
18.8 Henry Schein Medical Systems, Inc.
18.9 Kareo, Inc.
18.10 Medical Information Technology Inc.
18.11 Modernizing Medicine Inc.
18.12 Nextgen Healthcare Information Systems, Inc.
18.13 RevenueXL, Inc.
18.14 SelectHub
18.15 TherapyNotes, LLC
19 Appendix
19.1 Questionnaire

Companies Mentioned

  • Allscripts Healthcare Solutions, Inc.
  • Cerner Corp.
  • CureMD Corp.
  • eClinicalWorks, LLC
  • Epic Systems Corp.
  • GE HealthCare
  • Greenway Health, LLC
  • Henry Schein Medical Systems, Inc.
  • Kareo, Inc.
  • Medical Information Technology Inc.
  • Modernizing Medicine Inc.
  • Nextgen Healthcare Information Systems, Inc.
  • RevenueXL, Inc.
  • SelectHub
  • TherapyNotes, LLC

Table Information