The global hospital EMR systems market is projected to reach USD 20.7 billion by 2025 from USD 14.2 billion in 2020, at a CAGR of 7.8% during the forecast period. There is a growing inclination across the globe towards the adoption of EMR systems due to government support for the adoption of EMRs, an increase in the COVID-19 patient volume, and the rising need to curtail healthcare costs.
Based on components, the hospital EMR systems market is segmented into services, software, and hardware. The services segment accounted for the largest market share in 2019. The introduction of complex software and the need for software integration and interoperability, which require extensive training and regular upgrades, are the major factors responsible for the large share of the services segment.
By delivery mode, the on-premise segment accounted for the largest share of the hospital EMR systems market in 2019. Based on the delivery mode, the hospital EMR systems market is segmented into on-premise and cloud-based solutions. The cloud-based segment is expected to be the fastest-growing segment during the forecast period. An increasing number of hospitals have shifted their preference from on-premise models to cloud-based models, which has contributed towards its market growth.
By type, the general EMR solutions segment accounted for the largest share of the hospital EMR systems market in 2019.
Based on type, the market is segmented into general EMR and specialty EMR solutions. In 2019, the general EMR solutions segment accounted for the largest share of the hospital EMR systems market. The large share of this market segment can be attributed to the multifunction, multi-specialty capabilities of general EMRs, enabling their use in various specialties through flexible functioning and incorporated plugins.
By hospital size, the small and medium-sized hospitals segment accounted for the largest share of the hospital EMR systems market in 2019.
Based on hospital size, the hospital EMR systems market is segmented into small and medium-sized hospitals and large hospitals. In 2019, the small and medium-sized hospitals segment accounted for the largest share of the market. The large share of this segment can be attributed to the faster adoption of EMRs in small and medium-sized hospitals owing to factors such as ease of transfer of patient data among healthcare providers, lower upfront costs, and ease of deployment.
The breakdown of primary participants is mentioned below:
- By Company Type: Tier 1 (35%), Tier 2 (45%), and Tier 3 (20%)
- By Designation: C-level (40%), Director-level (35%), and Others (25%)
- By Region: North America (40%), Europe (20%), APAC (30%), Latin America (8%), and the Middle East & Africa (2%)
The prominent players in the hospital EMR systems market are Cerner Corporation (US), Epic Systems Corporation (US), Allscripts Healthcare Solutions, Inc. (US), MEDITECH (US), CPSI (US), GE Healthcare (US), athenahealth, Inc. (US), MEDHOST (US), eClinicalWorks (US), NextGen Healthcare (US), Intersystems Corporation (US), MTBC (US), Cantata Health (US), Advanced Data Systems Corporation (US), and CureMD (US).
Research Coverage:
The report analyzes the hospital EMR systems market and aims at estimating the market size and future growth potential of this market based on various segments, such as components, delivery mode, type, hospital size, and region. It also covers the competitive leadership mapping, which helps in analyzing the position of key market players as stars, emerging leaders, pervasive players, and emerging companies. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, recent developments, and key market strategies.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a greater market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their position in the market.
This report provides insights into the following pointers:
- Market Penetration: Comprehensive information on the product portfolios offered by the top players in the hospital EMR systems market. The report analyzes this market by component, delivery mode, type, hospital size, and region
- Product Enhancement/Innovation: Detailed insights on the upcoming trends and service launches in the hospital EMR systems market
- Market Development: Comprehensive information on the lucrative emerging markets by component, delivery mode, hospital size, type, and region
- Market Diversification: Exhaustive information about new testing services, recent developments, and investments in the hospital EMR systems market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, service offerings, and capabilities of leading players in the hospital EMR systems market
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders
1.6 Summary of Changes
2 Research Methodology
2.1 Research Approach
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Market Share Analysis
2.5 Assumptions for the Study
3 Executive Summary
4 Premium Insights
4.1 Hospital EMR Systems Market Overview
4.2 Hospital EMR Systems Market, by Delivery Mode and Component (2019)
4.3 Hospital EMR Systems Market, by Region (2018–2025)
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Government Support for the Adoption of EMR Solutions
5.2.1.2 Growing Patient Volume Due to the Global Outbreak of Covid-19
5.2.1.3 Need to Curtail Escalating Healthcare Costs
5.2.2 Restraints
5.2.2.1 Need for Significant Investments in Infrastructure Development and High Cost of Deployment
5.2.2.2 Reluctance to Adopt EMR Solutions in Developing Countries
5.2.3 Opportunities
5.2.3.1 Increasing Demand for Cloud-Based EHR Solutions
5.2.3.2 Shift Towards Patient-Centric Healthcare Delivery
5.2.4 Challenges
5.2.4.1 Interoperability Issues
5.2.4.2 Data Security Concerns
6 Industry Insights
6.1 Introduction
6.2 Impact of Covid-19 on the Hospital EMR Systems Market
6.2.1 Limitations of EMR During Covid-19
6.2.2 Strategies Adopted by EMR Vendors During Covid-19
6.3 Increased Adoption of EMR
6.4 Technology Giants Entering the Healthcare It Market
6.5 Increased Preference for Cloud-Based EMR in Hospitals
6.6 Technological Advancements in EMR Solutions
7 Hospital EMR Systems Market, by Component
7.1 Introduction
7.2 Services
7.2.1 Introduction of Complex Software and Need for Software Integration & Interoperability Are Supporting Market Growth
7.3 Software
7.3.1 Frequent Need for Upgrades and Improvements in Software Applications Are Major Factors Driving Growth
7.4 Hardware
7.4.1 Need for Faster Data Exchange & Better Interoperability Are Increasing the Adoption of Hardware in Hospitals
8 Hospital EMR Systems Market, by Delivery Mode
8.1 Introduction
8.2 On-Premise
8.2.1 Enhanced Control and Cost Benefits Offered by On-Premise Solutions Are Major Factors Supporting Market Growth
8.3 Cloud-Based
8.3.1 Increasing Number of Healthcare Organizations Shifting from On-Premise to Cloud-Based Models to Drive Growth
9 Hospital EMR Systems Market, by Type
9.1 Introduction
9.2 General EMR Solutions
9.2.1 Multi-Functional and Multi-Specialty Capabilities of General EMR Solutions Are Major Factors Supporting Market Growth
9.3 Specialty EMR Solutions
9.3.1 Increasing Number of Specialty Hospitals Globally to Drive Growth
10 Hospital EMR Systems Market, by Hospital Size
10.1 Introduction
10.2 Small and Medium-Sized Hospitals
10.2.1 Small and Medium-Sized Hospitals Provide High Growth Opportunities for Cloud-Based EMRs
10.3 Large Hospitals
10.3.1 Admission of a Large Number of Covid-19 Patients to Boost the Adoption of EMR in Large Hospitals
11 Hospital EMR Systems Market, by Region
11.1 Introduction
11.2 North America
11.2.1 Us
11.2.1.1 Large Number of Covid-19 Patients and Growing Need to Curtail Soaring Healthcare Costs to Drive Market Growth in the Us
11.2.2 Canada
11.2.2.1 Deployment of Digital Health Initiatives to Propel Market Growth
11.3 Europe
11.3.1 Germany
11.3.1.1 Government Initiatives to Boost the Adoption of EMRs in the Country to Drive Market Growth
11.3.2 UK
11.3.2.1 Government Initiatives to Improve the Adoption of EMR and Ehealth Solutions Are a Major Driving Factor
11.3.3 France
11.3.3.1 Upcoming Retirement of a Large Number of French Doctors Will Draw Attention to the Need for Effective Patient Management Solutions
11.3.4 Rest of Europe (Roe)
11.4 Asia-Pacific
11.4.1 Japan
11.4.1.1 Japan is the Largest Hospital EMR Systems Market in the APAC
11.4.2 China
11.4.2.1 China is a Lucrative Market for EMR Solutions Due to Strong Government Support for Healthcare Reforms
11.4.3 India
11.4.3.1 Presence of a Large Number of Hospitals and Increasing Incidence of Chronic Diseases to Boost the Demand for EMR Solutions in Hospitals
11.4.4 Rest of Asia-Pacific (Roapac)
11.5 Latin America
11.5.1 Developments in Healthcare Infrastructure to Support Market Growth
11.6 Middle East & Africa
11.6.1 Growing Medical Tourism to Support Market Growth in the Middle East & Africa
12 Competitive Landscape
12.1 Overview
12.2 Competitive Leadership Mapping
12.2.1 Stars
12.2.2 Emerging Leaders
12.2.3 Pervasive Players
12.2.4 Emerging Companies
12.3 Product and Regional Matrix: by Company
12.4 Market Share Analysis
12.4.1 Market Ranking Analysis Methodology
12.4.2 Market Ranking Analysis for the Asia-Pacific Region
12.4.2.1 Key Player Analysis of the Hospital EMR Systems Market in Japan
12.4.2.2 Key Player Analysis of the Hospital EMR Systems Market in China
12.4.2.3 Key Player Analysis of the Hospital EMR Systems Market in India
12.4.2.4 Key Player Analysis of the Hospital EMR Systems Market in Australia and New Zealand
12.5 Competitive Situation & Trends
12.5.1 New Product Launches
12.5.2 Partnerships, Collaborations, and Agreements
12.5.3 Acquisitions
13 Company Profiles
(Business Overview, Products Offered, Recent Developments, Analyst's View)*
13.1 Epic Systems Corporation
13.2 Cerner Corporation
13.3 Medical Information Technology, Inc.
13.4 Computer Programs and Systems, Inc. (CPSI)
13.5 Medhost
13.6 Allscripts Healthcare Solutions, Inc.
13.7 Athenahealth, Inc.
13.8 Eclinicalworks
13.9 GE Healthcare
13.10 Nextgen Healthcare
13.11 Intersystems Corporation
13.12 Cantata Health
13.13 Mtbc
13.14 Advanced Data Systems Corporation
13.15 Curemd
13.16 Other Companies
13.16.1 Drchrono
13.16.2 Kareo
13.16.3 Greenway Health
13.16.4 Modernizing Medicine
13.16.5 Advancedmd
*Business Overview, Products Offered, Recent Developments, Mnm View Might Not Be Captured in Case of Unlisted Companies.
14 Appendix
14.1 Discussion Guide
List of Tables
Table 1 Drivers: Impact Analysis
Table 2 Restraints: Impact Analysis
Table 3 Opportunities: Impact Analysis
Table 4 Challenges: Impact Analysis
Table 5 Stages of EMR Adoption
Table 6 Comparison of Various Types of EMR Software Provided by Some Key Players
Table 7 Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 8 Hospital EMR Services Provided by Key Players
Table 9 Hospital EMR Services Market, by Country, 2018–2025 (USD Million)
Table 10 Hospital EMR Software Market, by Country, 2018–2025 (USD Million)
Table 11 Hospital EMR Hardware Market, by Country, 2018–2025 (USD Million)
Table 12 Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 13 On-Premise Delivery Mode: Pros and Cons
Table 14 On-Premise Hospital EMR Systems Market, by Country, 2018–2025 (USD Million)
Table 15 Cloud-Based Delivery Mode: Pros and Cons
Table 16 Cloud-Based Hospital EMR Systems Market, by Country, 2018–2025 (USD Million)
Table 17 Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 18 Key Vendors Offering General EMR Solutions
Table 19 General Hospital EMR Solutions Market, by Country, 2018–2025 (USD Million)
Table 20 Key Vendors Offering Specialty EMR Solutions
Table 21 Specialty Hospital EMR Solutions Market, by Country, 2018–2025 (USD Million)
Table 22 Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 23 Hospital EMR Systems Market for Small and Medium-Sized Hospitals, by Country, 2018–2025 (USD Million)
Table 24 Hospital EMR Systems Market for Large Hospitals, by Country, 2018–2025 (USD Million)
Table 25 Hospital EMR Systems Market, by Region, 2018–2025 (USD Million)
Table 26 North America: Hospital EMR Systems Market, by Country, 2018–2025 (USD Million)
Table 27 North America: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 28 North America: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 29 North America: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 30 North America: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 31 US: Key Macroindicators
Table 32 US: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 33 US: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 34 US: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 35 US: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 36 Canada: Key Macroindicators
Table 37 Canada: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 38 Canada: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 39 Canada: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 40 Canada: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 41 Ehealth Priorities for Healthcare Providers in Europe, by Country
Table 42 Europe: Hospital EMR Systems Market, by Country, 2018–2025 (USD Million)
Table 43 Europe: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 44 Europe: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 45 Europe: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 46 Europe: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 47 Germany: Key Macroindicators
Table 48 Germany: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 49 Germany: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 50 Germany: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 51 Germany: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 52 UK: Key Macroindicators
Table 53 UK: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 54 UK: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 55 UK: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 56 UK: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 57 France: Key Macroindicators
Table 58 France: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 59 France: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 60 France: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 61 France: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 62 Rest of Europe: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 63 Rest of Europe: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 64 Rest of Europe: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 65 Rest of Europe: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 66 Asia-Pacific: Hospital EMR Systems Market, by Country, 2018–2025 (USD Million)
Table 67 Asia-Pacific: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 68 Asia-Pacific: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 69 Asia-Pacific: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 70 Asia-Pacific: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 71 Japan: Key Macroindicators
Table 72 Japan: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 73 Japan: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 74 Japan: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 75 Japan: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 76 China: Key Macroindicators
Table 77 China: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 78 China: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 79 China: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 80 China: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 81 India: Key Macroindicators
Table 82 India: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 83 India: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 84 India: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 85 India: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 86 Rest of Asia-Pacific: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 87 Rest of Asia-Pacific: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 88 Rest of Asia-Pacific: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 89 Rest of Asia-Pacific: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 90 Latin America: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 91 Latin America: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 92 Latin America: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 93 Latin America: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 94 Middle East & Africa: Hospital EMR Systems Market, by Component, 2018–2025 (USD Million)
Table 95 Middle East & Africa: Hospital EMR Systems Market, by Delivery Mode, 2018–2025 (USD Million)
Table 96 Middle East & Africa: Hospital EMR Systems Market, by Type, 2018–2025 (USD Million)
Table 97 Middle East & Africa: Hospital EMR Systems Market, by Hospital Size, 2018–2025 (USD Million)
Table 98 Market Evaluation Framework: 2018 and 2019 Saw Partnerships and Collaborations
Table 99 Asia-Pacific: Hospital EMR Systems Market Ranking Analysis, By Player, 2019
Table 100 Japan: Hospital EMR Systems Market Ranking Analysis, by Player, 2019
Table 101 China: Hospital EMR Systems Market Ranking Analysis, by Player, 2019
Table 102 India: Hospital EMR Systems Market Ranking Analysis, by Player, 2019
Table 103 Australia and New Zealand: Hospital EMR Systems Market Ranking Analysis, by Player, 2019
Table 104 New Product Launches
Table 105 Partnerships, Collaborations, and Agreements
Table 106 Acquisitions
List of Figures
Figure 1 Hospital EMR Systems Market Segmentation
Figure 2 Research Design
Figure 3 Primary Sources
Figure 4 Breakdown of Primary Interviews: by Company Type, Designation, and Region
Figure 5 Market Size Estimation: Revenue Share Analysis
Figure 6 Revenue Share Analysis Illustration
Figure 7 Bottom-Up Approach
Figure 8 Hospital EMR Systems Market: CAGR Projections from the Supply Side
Figure 9 Top-Down Approach
Figure 10 Market Data Triangulation Methodology
Figure 11 Hospital EMR Systems Market, by Component, 2020 Vs. 2025 (USD Billion)
Figure 12 Hospital EMR Systems Market, by Delivery Mode, 2020 Vs. 2025 (USD Billion)
Figure 13 Hospital EMR Systems Market, by Type, 2020 Vs. 2025 (USD Billion)
Figure 14 Hospital EMR Systems Market, by Hospital Size, 2020 Vs. 2025 (USD Billion)
Figure 15 Geographical Snapshot of the Hospital EMR Systems Market
Figure 16 Government Support for the Adoption of EMR Solutions to Drive Market Growth
Figure 17 Services Accounted for the Largest Share of the Hospital EMR Systems Market in 2019
Figure 18 North America Will Continue to Dominate the Hospital EMR Systems Market in 2025
Figure 19 Hospital Electronic Medical Records Market: Drivers, Restraints, Opportunities, and Challenges
Figure 20 Percentage of Non-Federal Acute Care Hospitals Adopting EMR Systems, by Level of Functionality, 2008–2015
Figure 21 Us: Increasing Use of EMR in Mobile Technology (2017)
Figure 22 Percentage of Healthcare Professionals in Hospitals That Use Public Cloud to Store Healthcare Data, 2018
Figure 23 North America: Hospital EMR Systems Market Snapshot
Figure 24 Us: Covid-19 Cases, by Age Group
Figure 25 Us: Hospital Ehr Adoption (2007–2018)
Figure 26 Canada: EMR Adoption by Primary Care Physicians (In Terms of Percentage of Total Number of Physicians), 2012–2017
Figure 27 Europe: Ehealth Priorities in Health Facilities, 2019
Figure 28 Europe: Ehealth Challenges Faced by Healthcare Providers, 2019
Figure 29 Europe: Hospital EMR Systems Market Snapshot
Figure 30 Apac: Hospital EMR Systems Market Snapshot
Figure 31 Hospital EMR Systems Market (Global) Competitive Leadership Mapping (2019)
Figure 32 Hospital EMR Systems Market Share Analysis, by Key Player, 2019
Figure 33 US: Hospital EMR Systems Market Share Analysis, by Key Player, 2019
Figure 34 Cerner Corporation: Company Snapshot (2019)
Figure 35 Meditech: Company Snapshot (2019)
Figure 36 CPSI: Company Snapshot (2019)
Figure 37 Allscripts Healthcare Solutions, Inc.: Company Snapshot (2019)
Figure 38 GE Healthcare: Company Snapshot (2019)
Figure 39 Nextgen Healthcare: Company Snapshot (2019)
Figure 40 MTBC: Company Snapshot (2019)
Companies Mentioned
- Advanced Data Systems Corporation
- Advancedmd
- Allscripts Healthcare Solutions, Inc.
- Athenahealth, Inc.
- Cantata Health
- Cerner Corporation
- Computer Programs and Systems, Inc. (CPSI)
- Curemd
- Drchrono
- Eclinicalworks
- Epic Systems Corporation
- GE Healthcare
- Greenway Health
- Intersystems Corporation
- Kareo
- Medhost
- Medical Information Technology, Inc.
- Modernizing Medicine
- MTBC
- Nextgen Healthcare
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 176 |
| Published | June 2020 |
| Forecast Period | 2020 - 2025 |
| Estimated Market Value ( USD | $ 14.2 billion |
| Forecasted Market Value ( USD | $ 20.7 billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
