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Historical Year
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The global hospital EMR systems market was valued at USD 18.00 billion in 2023, driven by growing technological advancements. The market is anticipated to grow at a CAGR of 7.8% to attain a value of USD 35.39 billion by 2032 during the forecast period 2024-2032.
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The increased government support for the deployment of EMR systems in the wake of the COVID-19 pandemic is projected to propel the global hospital EMR systems industry forward. Furthermore, growing patient volume and the rising health consciousness as a result of the pandemic have significantly contributed to the growth of the hospital EMR systems industry. The industry is also projected to witness a significant growth in the forecast period owing to the favourable government initiatives and regulations. This has led to an increased investment in ICT infrastructure, interoperability, and research and development, which is expected to positively affect the hospital EMR systems industry.
Geographically, North America occupies a significant share of the global hospital EMR systems industry. In comparison to other geographical locations, the healthcare IT market in North America is one of the most developed sectors, because of the strict regulatory requirements contributing to significant investment and deployment of EMR systems in majority of hospitals and clinics in the region. Furthermore, the dominance of North American industry players in the market is responsible for the significant market share of the North American region in the hospital EMR systems industry. Meanwhile, extensive R&D activities and the growing technological advancement are projected to boost the hospital EMR systems industry over the forecast period.
Electronic medical record (EMR) system is a computer-based database system specific to one physician or a medical organisation. It is a digital record of patients, detailing personal information, medical history, and list of diagnoses. The information of patients integrates with the organisation's practice management software that handles scheduling and billing. Thus, they serve as an efficient alternative to traditional paper records, enabling better communication and coordination among members of a medical organisation in order to provide the best possible treatment to patients.
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By component, the market is divided into:
Based on delivery mode, the industry can be segmented into:
By type, the market is divided into:
On the basis of hospital size, the industry can be categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The cloud-based segment is a relatively modern segment, largely adopted by medical organisations that lack the necessary internal infrastructure. Furthermore, these systems eliminate the need for in-house maintenance, which is key in increasing the demand for EMR systems. This has significantly contributed to the growth of the global hospital EMR systems industry. Over the forecast period, a myriad of cloud-based benefits like low start-up and licensing costs, lower infrastructure and maintenance requirements, and wider accessibility are expected to significantly contribute to the industry growth.
The report gives a detailed analysis of the following key players in the global hospital EMR systems market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Delivery Mode |
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| Breakup by Type |
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| Breakup by Hospital Size |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Globally, hospital EMR systems market reached a value of USD 18.00 billion in 2023.
Over the forecast period of 2024-2032, the market is expected to grow at a CAGR of 7.8% to reach USD 35.39 billion.
The major drivers of the industry, such as the extensive R&D activities, growing technological advancements, strict regulatory requirements, low start-up and licencing costs, and lower infrastructure and maintenance requirements, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the increase in government support, growth of patient volume, and rising health consciousness amid COVID-19.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different components of the product are services, software, and hardware.
The different delivery modes are on-premise and cloud-based.
The different product types available in the market are general EMR solutions and speciality EMR solutions.
On the basis of hospital size, the industry can be bifurcated into small and medium-sized hospitals and large hospitals.
The major players in the industry are Epic Systems Corporation, Cerner Corporation, Medical Information Technology, Inc, Computer Programs and Systems, Inc, Medhost, and others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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