#neurology ehr/emr software

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Neurology EMR Software programs to find the right system for your ... Practice EHR. A comprehensive overview of your chronic patients. See their past visits, lab & vital trends and medical records in a single view.

[mrfr-blogs]

Industry Report on Global and US EHR-EMR Market Trends and Outlook

Market Overview –

The Global and US Electronic Health Records (EHR) and Electronic Medical Records (EMR) Market are experiencing significant growth driven by the widespread adoption of digital healthcare solutions. EHR and EMR systems digitize patient health information, facilitating efficient storage, retrieval, and sharing of medical records across healthcare settings.

It is projected that the US EHR-EMR market would expand significantly over the course of the forecast period, with a 3.2% CAGR. By 2032, the market value of EMR and EHR systems might reach USD 7.98 billion, predicts the MRFR Analysis.

The Medical EMR Systems market is experiencing significant growth as healthcare providers transition to electronic health records for improved efficiency and patient care. These systems streamline record-keeping processes, enhance data accessibility, and facilitate better communication among healthcare professionals. With ongoing digitization efforts in the healthcare sector, the market for medical EMR systems is expected to continue expanding.

Key drivers of market growth include government initiatives promoting the adoption of EHR/EMR systems to enhance healthcare quality, patient safety, and care coordination. In the US, regulations such as the Health Information Technology for Economic and Clinical Health (HITECH) Act provide incentives for healthcare providers to implement certified EHR/EMR systems.

Furthermore, the need for interoperability and data exchange among healthcare stakeholders, coupled with advancements in health information technology, accelerates market expansion. The market offers a wide range of EHR/EMR solutions tailored to various healthcare settings, including hospitals, clinics, and ambulatory care facilities.

Additionally, the COVID-19 pandemic has underscored the importance of digital health solutions, driving increased adoption of telehealth and remote patient monitoring platforms integrated with EHR/EMR systems.

Despite the market's positive outlook, challenges such as data security concerns, interoperability issues, and workflow disruptions during implementation may hinder market growth. Nonetheless, ongoing efforts to address these challenges, coupled with increasing investments in healthcare IT infrastructure, are expected to sustain market expansion in the coming years, both globally and in the US.

Segmentation –

Components of EHR & EMR have been segmented into software, services & consulting, and hardware. The software segment has captured a 59.1% share of the market and is also projected to expand at the highest growth rate during the assessment period.

Applications of EHR & EMR are largely divided between the specialty based segment and general based segment. The specialty based segment is further sub-segmented to include neurology, oncology, radiology, cardiology, and others. The specialty based segment has not only captured the largest share of the global & US EHR-EMR market but is also anticipated to expand at the fastest pace at a CAGR of 6.02% during the review period. The rapid growth of the specialty-based segment is due to the increasing incidences of cardiovascular diseases as well as a high prevalence of chronic diseases.

Mode of delivery of EHR and EMR has been segmented into cloud-based, and on-premise model. The on-premise segment is the most significant segment in the global market. However, the rapid growth of the cloud-based segment is expected to bring both segments nearly at par by the end of 2030.

End-users of EHRs and EMRs have been segmented into ambulatory care, diagnostic centers, hospitals & clinics, and others. Hospitals & clinics are the dominant segments in the global & US EHR-EMR market due to the increasing adoption of healthcare IT in this segment. However, the ambulatory segment is growing at the most rapid pace due to the demand for instant data retrieval in emergency healthcare situations.

Regional Analysis –

The Global and US EHR-EMR Market display varying regional dynamics shaped by factors like healthcare infrastructure, regulatory frameworks, and technological advancements. In the United States, the EHR-EMR market is highly mature and leads globally due to extensive government initiatives like the HITECH Act, incentivizing the adoption of electronic health records (EHR) and electronic medical records (EMR) systems. The country benefits from a well-established healthcare system, robust IT infrastructure, and widespread adoption of digital healthcare solutions across various healthcare settings. Additionally, the US market is characterized by intense competition among key players, driving innovation and technological advancements in EHR-EMR systems.

Globally, the EHR-EMR market reflects a diverse landscape influenced by regional healthcare disparities and regulatory variations. Developed regions like Europe and Asia Pacific are witnessing rapid adoption of EHR-EMR systems driven by government mandates, increasing healthcare digitization efforts, and growing demand for streamlined healthcare operations. Emerging economies in Asia Pacific, Latin America, and the Middle East & Africa regions are also experiencing significant market growth due to expanding healthcare infrastructure, rising investments in healthcare IT, and increasing awareness about the benefits of digital health records.

Overall, the Global and US EHR-EMR Market demonstrate promising growth prospects, with the US leading in terms of market maturity and innovation, while the global market reflects a dynamic landscape shaped by regional healthcare needs and regulatory environments.

Key Players –

Market Research Future has examined the global and US EHR-EMR competitive landscape, analyzing the diverse growth strategies implemented by prominent market players. Notable companies highlighted in the report include Allscripts Healthcare Solutions, Athenahealth Inc., Agastha Inc, Cerner Corporation, Epic Systems, eClinicalWorks, Advanced MD Inc, Advanced Data Systems Corporation, GE Healthcare, Medical Information Technology Inc., Koninklijke Philips N.V., and Meddbase (Medical Management Systems Ltd).

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[wemarketresearchreport]

Digital Health Market 2022 by Manufacturers, Regions, Type and Application, Forecast to 2030

Digital Health Market was worth USD 145,884.3 million in 2020, and is anticipated to record a CAGR of 17.9% over the forecast duration 2022-2030, thereby accumulating USD 767,718.9 million by the end of the analysis timeline.

In the United States, physicians are increasingly using cellphones, leading to an increase in the usage of digital health. Smartphones, tablets, and other mobile platforms are used by one-third of all persons in the United States, with physicians using them twice as much as the general public. For example, it is estimated that over 5 billion individuals worldwide own a mobile device, with smartphones accounting for more than half of these. This has resulted in a massive increase in mobile applications for healthcare needs, propelling the industry forward. Furthermore, the business will benefit from quickly developing IT infrastructure, favourable government efforts, rising demand for remote patient monitoring services, and growing venture capitalist investments.

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Digital health refers to the integration of information technology and electronic communications with various healthcare processes. It includes telehealth, medical wearables, digital healthcare systems like EMR and EHR medical apps, healthcare analytics, etc. Digital health aims to improve patient care, disease management and the overall healthcare experience for the user. It also enables the healthcare providers to access health records, prepare a diagnosis history, reduce the need for duplicate tests and make efficient decisions. Digital health also facilitates the identification of new illnesses or the worsening of existing ailments while lowering the total costs of healthcare. Owing to these benefits, it finds both clinical and non-clinical applications across the medical industry.

 Global Digital Health Market- Segment Analysis

By Technology

Telehealthcare

• Telecare

• Activity monitoring

• Remote medication management

• Telehealth

• LTC monitoring

• Video consultation

mHealth

• Wearables

• BP Monitor

• Glucose meter

• Pulse oximeter

• Sleep apnea monitors

• Neurological monitors

• Others

Apps

• Medical apps

• Fitness apps

• Health analytics

• Digital health systems

• Electronic health records

• E-prescribing systems

By Component

• Hardware

• Software

• Service

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Report scope

Digital Health Market- Historical Years- 2018-2021

Digital Health Market- Forecast years- 2022-2030

Digital Health Market 2020- USD 145,884.3 million

Digital Health Projected Market 2030- USD 767,718.9 million

Digital Health Market CAGR- 17.9%

FAQs

1)What is the Digital Health market growth?

2) Which product segment accounts for the highest market share in the Digital Health market?

3) Does the Digital Health market company is profiled in the report?

4) Which are the top companies hold the market share in Digital Health market?

5) How can I get sample reports/company profiles for the Digital Health market?

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[mrfrblogresearch02]

Digital Healthcare Market Size Latest Innovations, Growth Outlook and Trends to Boost Growth during 2027

Market Highlights:

Digital Healthcare Market is expected to register a CAGR of 26.30% during the forecast period with a market value of USD 3,28,887.8 Million till 2027.

Digital Healthcare operates based on healthcare big data, electronic health record (EHR) and electronic medical record (EMR), and others. Digital healthcare facilitates the smooth functioning of healthcare-related processes. It helps in the easy management of clinical data, payment procedures, claims, and various other healthcare activities. The factors leading to the growth of the global Digital Healthcare Market Size are rising use of big data in healthcare, increasing adoption of EHR and EMR systems, government mandates, and support for the maintenance of patient’s electronic health records and others.

Segment Analysis:

The Global Digital Healthcare Market size has been segmented by Technology, Application, Delivery Mode, Components, and End User.

The market, based on technology, has been bifurcated into digital health systems, telehealthcare, mhealth, and healthcare analytics. The digital health systems are further sub-segmented into EHR/EMR and e-prescribing systems. Telehealthcare is further segmented into activity monitoring, remote medication management, LTC monitoring, video consultation. mHealth is further segmented into wearables and mHealth apps. Wearables are furthermore segmented into glucose meters, neurological monitors, sleep apnea monitors, pulse oximeters, BP monitors, and others. mHealth apps is more segmented into fitness apps and medical apps.

Based on application, the digital healthcare market size has been segregated into cardiology, diabetes, neurology, sleep apnea, oncology, and others.

Based on delivery mode, the digital healthcare market has been segregated into on-premises and cloud based.

Based on components, the digital healthcare market has been segregated into software, services, and

hardware.

The global digital healthcare market, based on end user, has been segmented into healthcare providers, healthcare payers, pharmaceutical companies, and others.

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Regional Analysis:

The Global Digital Healthcare Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is likely to hold the largest share of the global digital healthcare market during the assessment period. The high adoption rate of electronic health records (EHRs) and electronic medical records (EMRs), supportive government initiatives and rise in healthcare funding, and rising pressure to improve the quality of care and reduced healthcare costs likely drive the market growth in the American region.

The Europe market established substantial growth in the market due to the presence of major players such as Allscripts Healthcare, LLC (US), BioTelemetry, Inc. (US), Cerner Corporation (US), Cisco Systems, Inc (US), Koninklijke Philips NV (The Netherlands) and others.

Asia-Pacific is estimated to be the fastest-growing region in the global market due to the presence of rapidly developing economies such as China, India, and South Korea and a rise in research & development centers.

The digital healthcare market in the Middle East & Africa is expected to witness gradual growth owing to increasing government support toward the healthcare IT industry in the Middle East, and rapid technological advancements.

Key Players:

MRFR recognizes the following companies as the Key Players in the Global Digital Healthcare Market— Allscripts Healthcare, LLC (US), BioTelemetry, Inc. (US), Cerner Corporation (US), Cisco Systems, Inc (US), Koninklijke Philips NV (The Netherlands), McKesson Corporation (US), General Electric Company (US), AT&T Inc.(US), Athenahealth Inc. (US), EClinicalWorks (US), iHealth Lab Inc. (US), Qualcomm Technologies, Inc.(US).

Key Findings of the Study

The Global Digital Healthcare Market is estimated to grow at USD 3,28,887.8 Million by 2025 at a CAGR of 26.30% during the assessment period

The Americas accounted for the largest share of the global digital healthcare market due to the high adoption rate of EHRs and EMRs

Based on technology, the digital health systems segment accounted for the largest market share of 44.4% in 2018

Based on application, the cardiology segment accounted for the largest market share of 22.3% in 2018

On the basis of delivery mode, the software segment accounted for the largest market share of 58.9% in 2018

On the basis of end user, the healthcare providers segment accounted for the largest market share of 40.2% in 2018

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[wiseguyreport1222]

The growth of healthcare IT and its immense potential in consolidating data as well its ability to drastically increase efficiency has impacted the global US EHR-EMR market to a great extent. Market Research Future has released its report on the global US EHR-EMR market which includes various intelligent insights as well a collection of highly relevant facts and figures with regards to the future of the market for the review period from 2018 to 2027.

According to findings of the analysis carried out by MRFR, the global  US EHR-EMR market is expected to register a CAGR of 5.82% during the review period which is likely to result in a market value of USD 42,427.27 Mn by the end of 2027.

EHRs EMRs help avoid medical errors which are often encountered during the diagnosis and treatment process due to the lack of awareness on the part of medical professionals regarding medical history and therapeutic guidelines specific to the patient. Moreover, reportedly, clinical decisions made using the assistance of EHRs have increased the efficiency of care. These clinical benefits are significant in their positive impact on the global US EHR-EMR market.

Increasing government support of EHRs have also been a strong driving factor for the adoption of EHRs EMRs as well as the subsequent growth of the global market. Prime examples include the NHS which has implemented the Integrated Digital Care Fund to support the shift from paper-based health records to integrated digital care records. These types of supportive, and encouraging government initiatives are expected to compel market growth over the review period.

Market Segmentation

Components of EHR EMR have been segmented into software, services consulting, and hardware. The software segment has captured a 59.1% share of the market and is also projected to expand at the highest growth rate during the assessment period.

Applications of EHR EMR are largely divided between the specialty based segment and general based segment. The specialty based segment is further sub-segmented to include neurology, oncology, radiology, cardiology, and others. The specialty based segment has not only captured the largest share of the global US EHR-EMR market but is also anticipated to expand at the fastest pace at a CAGR of 6.02% during the review period. The rapid growth of the specialty-based segment is due to the increasing incidences of cardiovascular diseases as well as a high prevalence of chronic diseases.

Mode of delivery of EHR and EMR has been segmented into cloud-based, and on-premise model. The on-premise segment is the most significant segment in the global market. However, the rapid growth of the cloud-based segment is expected to bring both segments nearly at par by the end of 2027.

End-users of EHRs and EMRs have been segmented into ambulatory care, diagnostic centers, hospitals clinics, and others. Hospitals clinics are the dominant segments in the global US EHR-EMR market due to the increasing adoption of healthcare IT in this segment. However, the ambulatory segment is growing at the most rapid pace due to the demand for instant data retrieval in emergency healthcare situations.

Regional Analysis

MRFR's coverage of the global market scenario covers key regions such as the Americas, Europe, Asia Pacific, and the Middle East Africa. The Americas have the dominant share of the global US EHR-EMR market. The North American segment of the market which includes the US has a strong presence of several market leaders as well as a thriving healthcare sector. The well-developed healthcare sector in the region has an affinity toward the adoption of advanced IT technology. Growing investments in healthcare and increasing demand for advanced healthcare. IT is likely to lead the market to grow over the review period.

Meanwhile, the Asia Pacific market is on track to grow at the most significant CAGR of 6.77%. Japan is the largest country-level market. Other important country level markets include India, China, and Austrailia. The rapid digitization of the regions healthcare segment, combined with the healthcare reforms taking place are expected to drive the APAC's growth over the review period. Increasing awareness regarding electronic health records, a rising geriatric population as well as the presence of a significant and growing patient pool is expected to influence the EHR-EMR market positively.

Key Players

Market Research Future has tracked the competition in the global US EHR-EMR market and analyzed the various growth strategies used by leading market players. Market players of prominence included in the report are Allscripts Healthcare Solutions, Athenahealth Inc., Agastha Inc, Cerner Corporation, Epic Systems, eClinicalWorks, Advanced MD Inc, Advanced Data Systems Corporation, GE Healthcare, Medical Information Technology Inc., Koninklijke Philips N.V., and Meddbase (Medical Management Systems Ltd).

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Global and US EHR-EMR Market Size, Share, Trends, Top Players, Demands, Overview

Market Research Future has declared the expansion of the "Global and US EHR-EMR Market Research Report which gives Market Size, Shares and Forecasts till 2027.

Global and US EHR-EMR Market Outlook

Electronic health record (EHR)/electronic medical record (EMR) is defined as an electronic record of patient medical history that contains all relevant administrative, clinical and other miscellaneous data of a patient under a healthcare provider. Market Research Future (MRFR) has published a research report about the global and US EHR-EMR market that observes prosperity for this market at 5.82% CAGR during the forecast period between 2018 and 2027. By value, the market has been figured to be worth USD 42,427.27 MN by the end of the forecast period.

Read more news on: https://www.medgadget.com/2019/05/global-and-us-ehr-emr-market-size-2019-global-industry-analysis-technology-developments-swot-analysis-research-insights-forecast-to-2023.html

The critical factor for the global and US EHR-EMR market growth is increasing adoption of EHRs/EMRs for increased efficiency of patient data retrieval and storage. Other important factors enabling the market growth include rising government initiatives for the maintenance of EHRs, fewer medical errors during diagnosis or treatment process, and clinical benefits associated with applications of EHR/EMRs in medical settings. However, the market growth can get hampered due to data security concerns, need for training, and the implementation process that is complex as well as expensive.

Global and US EHR-EMR Market Segmentation Analysis

The global and US EHR-EMR market segmentation has segmented the market into application, component, end-user, mode of delivery, and region. The application-based segmentation segments this market into cardiology, neurology, oncology, radiology, specialty based, and others. In the context of component, the market has been segmented into hardware, software, and services & consulting.  

Regarding end-user, the market has been segmented into ambulatory care, diagnostic centers, hospitals, and others. Based on the mode of delivery, the market has been segmented into the cloud-based model and the on-premise model.

Global and US EHR-EMR Market Regional Analysis

The regional segmentation of the global and US EHR-EMR market share segments the market into the regional markets, namely Asia Pacific, Europe, The Americas (North America & South America), and Rest-of-the-World (RoW). The Americas region holds the majority share in the global market. North America is a bigger market than South America due to the availability of advanced medical facilities and huge investment in medical research. The USA has a strong presence of many market leaders as well as a thriving healthcare sector. Due to technological advancement, the healthcare sector is adopting the advanced information technology (IT) technology. Increasing demand for advanced healthcare is also contributing to the market growth. Canada and Mexico also have the scope of becoming important country-specific markets. In South America, the same can be said for Argentina and Brazil.    

During the forecast period, the Asia Pacific region can emerge as the most significant regional market, growing at 6.77% CAGR. Japan is the largest country-specific market in this region. Developing countries in the Asia Pacific region are untapped markets that can be lucrative due to the high density of population in China and India. Therefore, the market in this region is growing slowly but steadily due to the rapid digitization of healthcare and growing healthcare reforms. Other factors contributing to the market growth include rising geriatric population, subsequent presence of a significant as well as growing patient pool, and increasing awareness regarding EHR as well as EMR. Other important country-specific markets in the Asia Pacific region are Australia and South Korea, followed by the remaining countries of this region.

Europe can rise as an important regional market due to the same reasons as in North America. Due to technological advancement, Western Europe is a bigger and more lucrative market compared to Eastern Europe. The strongest economies in this region that can suitable markets are France, Germany, and the UK.

In the MEA region, the market is small due to the lack of skilled professionals and limited availability of technology. However, the countries of the Middle East have better healthcare facilities compared to Africa.

Global and US EHR-EMR Market Key Players

The key players in the global and US EHR-EMR market include Advanced Data Systems Corporation (USA), Allscripts Healthcare Solutions (USA), Agastha Inc (USA), Advanced MD Inc. (USA), Athenahealth Inc. (USA), Cerner Corporation (USA), eClinicalWorks (USA), Epic Systems (USA), GE Healthcare (USA), Koninklijke Philips N.V. (Netherlands), Meddbase (Medical Management Systems Ltd) (UK), and Medical Information Technology Inc. (USA).

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Global and US EHR-EMR Industry News

NextGen Healthcare has launched its Behavioral Health Suite, a comprehensive, EHR solution. Behavioral Health Suit gives healthcare providers access to a single, integrated physical, and behavioral health record to treat patients. 6 JUNE 2019

Cerner set to provide additional interface support to the Department of Veterans Affairs' Office of Electronic Health Record Modernization under a four-year, $139.9 MN task order. 5 JUNE 2019

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Hospital or clinics are now adopting health care software to digitize their entire workflow. There is an option to reduce workload and boost up hospital service’s efficiency in a very short time. It is not difficult to use the software because features and functionality are so easy & simple to run a software system or streamline the workflow.

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[healthcare00897]

Electronic Medical Records Tubes Market Target Client, Brand Strategy, Distributors, Marketing Channel Development and Trend to 2024

The question for sustainability of this system arises on account of the existence of electronic health records (EHR), which allows easy access to patient health records irrespective of the time and physical location of the user. The EHR system, however, finds major applicability in large hospitals, and diagnostic centers thus paving the opportunity for EMR in smaller and medium-sized private clinics and health centers, which account for a major share of the healthcare practices.

The global electronic medical records market was valued at US$ 21,444.4 million in 2015 and is expected to witness a CAGR of 6.9% during the forecast period (2016 – 2024).

Inconsistent return on EMR systems is expected to hinder the market growth

The risk associated with chronic diseases such as obesity, cardiovascular attack, neurological conditions, and cancer increases with age. This further leads to patient visits to specialty centers or hospitals for the treatment and monitoring of such diseases and data being stored in the electronic medical record system increases with multiple doctor visits. Therefore, quantifying monetary return on EMR systems is one of the major challenges faced by the healthcare facilities. Moreover, competing priorities of healthcare facilities compromises on the use EMR system. Another major restraint affecting the market growth is the affordability of EMR system in emerging economies.

Market Taxonomy

This report segments the global electronic medical records market on the basis of component, product type, deployment, end user, and geography. On the basis of component, the market is categorized into software and service. On the basis of product type, the market is categorized into inpatient and outpatient EMR. The electronic medical record is also segmented based on deployment as on premise, cloud-base and hybrid systems. On the basis of end-user, the market is categorized into ambulatory surgical centers, specialized clinics, hospitals and general physician specialized clinics. For comprehensive understanding of market dynamics, the global electronic medical records market is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Detailed Segmentation:

   • Global Electronic Medical Records Market, By Product Type:

       ◦ Inpatient EMR

       ◦ Outpatient EMR

   • Global Electronic Medical Records Market, By Component:

       ◦ Software

       ◦ Services

   • Global Electronic Medical Records Market, By Deployment:

       ◦ On-premise

       ◦ Cloud-based

       ◦ Hybrid

   • Global Electronic Medical Records Market, By End User:

       ◦ Ambulatory Surgical Centers

       ◦ Specialized Clinics

       ◦ Hospitals

       ◦ General Physician Specialized Clinics

   • Global Electronic Medical Records Market, By Geography:

       ◦ North America

       ◦ Europe

       ◦ Asia-Pacific

       ◦ Latin America

       ◦ Middle East

       ◦ Africa

Key Players:

Cerner Corporation, Allscripts-Misys Healthcare Solutions Inc., McKesson Corporation, Quadramed Corporation, Medical Information Technology Inc., Sage Software Healthcare Inc., Greenway Health, LLC, NextGen Healthcare Information Systems, LLC, Epic Systems Corporation, and GE Healthcare

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[martynnx-blog]

Global Electronic Medical Records Market 2024: Dynamics, Forecasts, Threat from Substitute, Revenue and Development Rate

Digitization is the new buzzword across industries from apparels, cosmetics, food, electronics, to even pharmaceutical products. Consumers are increasingly inclined towards having all information available at the click of a button. This has urged product and service providers to install digital platforms in their business operations to improve customer satisfaction. With a number of patients visiting clinics, diagnostic laboratories, and hospitals, maintaining patient records is very imperative for these service providers. Electronic medical record (EMR) is a good solution for the healthcare providers to maintain patient records. EMRs ease the practice of healthcare providers and allow for better decision making by analyzing the patient’s medical history. An EMR, however, restricts the usage to healthcare providers, disallowing the access to patients outside the practice location. EMR differs from electronic health records (EHR), as EHR allow access of medical records to patients on the move and is inclusive of all the medical records (treatment, and diagnosis) of the patient. This factor limits the medical decision using EMR.

Market Dynamics

Patients want secure access of their health information. This would urge healthcare providers to share the electronic health information on different digital platforms. Cloud-based solutions represent growing opportunity for EMR solution. Number of factors are acting against the growth of electronic medical records market –

Economic challenges in few regions

Competing priorities for healthcare providers

Inconsistent return on investment for EMR

Moreover, with time, demand for mobile-based solutions will increase. Therefore, EMR solution developers and providers need to innovate their solutions to sustain in a constantly changing market in terms of technology and demand. Vendors will have to integrate more functionalities in the system aiding to improve medical decision while ensuring integrity and security of data. Thus compliance to Health Insurance Portability and Accountability Act of 1996 (HIPAA) is essential.

Inconsistent return on EMR systems is expected to hinder the market growth

The risk associated with chronic diseases such as obesity, cardiovascular attack, neurological conditions, and cancer increases with age. This further leads to patient visits to specialty centers or hospitals for the treatment and monitoring of such diseases and data being stored in the electronic medical record system increases with multiple doctor visits. Therefore, quantifying monetary return on EMR systems is one of the major challenges faced by the healthcare facilities. Moreover, competing priorities of healthcare facilities compromises on the use EMR system. Another major restraint affecting the market growth is the affordability of EMR system in emerging economies.

Key companies covered as a part of this study include Cerner Corporation, Allscripts-Misys Healthcare Solutions Inc., McKesson Corporation, Quadramed Corporation, Medical Information Technology Inc., Sage Software Healthcare Inc., Greenway Health, LLC, NextGen Healthcare Information Systems, LLC, Epic Systems Corporation, and GE Healthcare

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Digital Healthcare Market to Deliver Greater Revenues during the Forecast Period till 2027

Market Highlights:

Digital Healthcare Market is expected to register a CAGR of 26.30% during the forecast period with a market value of USD 3,28,887.8 Million till 2025.

Digital Healthcare operates based on healthcare big data, electronic health record (EHR) and electronic medical record (EMR), and others. Digital healthcare facilitates the smooth functioning of healthcare-related processes. It helps in the easy management of clinical data, payment procedures, claims, and various other healthcare activities. The factors leading to the growth of the global Digital Healthcare Market are rising use of big data in healthcare, increasing adoption of EHR and EMR systems, government mandates, and support for the maintenance of patient’s electronic health records and others.

Segment Analysis:

The Global Digital Healthcare Market has been segmented by Technology, Application, Delivery Mode, Components, and End User.

The market, based on technology, has been bifurcated into digital health systems, telehealthcare, mhealth, and healthcare analytics. The digital health systems are further sub-segmented into EHR/EMR and e-prescribing systems. Telehealthcare is further segmented into activity monitoring, remote medication management, LTC monitoring, video consultation. mHealth is further segmented into wearables and mHealth apps. Wearables are furthermore segmented into glucose meters, neurological monitors, sleep apnea monitors, pulse oximeters, BP monitors, and others. mHealth apps is more segmented into fitness apps and medical apps.

Based on application, the digital healthcare market has been segregated into cardiology, diabetes, neurology, sleep apnea, oncology, and others.

Based on delivery mode, the digital healthcare market has been segregated into on-premise and cloud based.

Based on components, the digital healthcare market has been segregated into software, services, and

hardware.

The global digital healthcare market, based on end user, has been segmented into healthcare providers, healthcare payers, pharmaceutical companies, and others.

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Regional Analysis:

The Global Digital Healthcare Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is likely to hold the largest share of the global digital healthcare market during the assessment period. The high adoption rate of electronic health records (EHRs) and electronic medical records (EMRs), supportive government initiatives and rise in healthcare funding, and rising pressure to improve the quality of care and reduced healthcare costs likely drive the market growth in the American region.

The Europe market established substantial growth in the market due to the presence of major players such as Allscripts Healthcare, LLC (US), BioTelemetry, Inc. (US), Cerner Corporation (US), Cisco Systems, Inc (US), Koninklijke Philips NV (The Netherlands) and others.

Asia-Pacific is estimated to be the fastest-growing region in the global market due to the presence of rapidly developing economies such as China, India, and South Korea and a rise in research & development centers.

The digital healthcare market in the Middle East & Africa is expected to witness gradual growth owing to increasing government support toward the healthcare IT industry in the Middle East, and rapid technological advancements.

Key Players:

MRFR recognizes the following companies as the Key Players in the Global Digital Healthcare Market— Allscripts Healthcare, LLC (US), BioTelemetry, Inc. (US), Cerner Corporation (US), Cisco Systems, Inc (US), Koninklijke Philips NV (The Netherlands), McKesson Corporation (US), General Electric Company (US), AT&T Inc.(US), Athenahealth Inc. (US), EClinicalWorks (US), iHealth Lab Inc. (US), Qualcomm Technologies, Inc.(US).

Key Findings of the Study

The Global Digital Healthcare Market is estimated to grow at USD 3,28,887.8 Million by 2025 at a CAGR of 26.30% during the assessment period

The Americas accounted for the largest share of the global digital healthcare market due to the high adoption rate of EHRs and EMRs

Based on technology, the digital health systems segment accounted for the largest market share of 44.4% in 2018

Based on application, the cardiology segment accounted for the largest market share of 22.3% in 2018

On the basis of delivery mode, the software segment accounted for the largest market share of 58.9% in 2018

On the basis of end user, the healthcare providers segment accounted for the largest market share of 40.2% in 2018

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