Electronic Medical Records (EMR) Market Share, Size, Worth USD 47,640.2 Million

A wide-reaching Electronic Medical Records (EMR) Market research report brings into focus the key market dynamics of the sector. This market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors, and Porter’s Five Forces Analysis. The report provides fluctuations in CAGR values during the forecast period of the market. The transformation in the market landscape is mainly observed due to the moves of key players or brands which range from developments, product launches, joint ventures, mergers, and acquisitions that in turn change the view of the global face of the industry.

The surging need for an integrated healthcare system across various hospitals and clinics has increased the requirement for electronic medical records. Moreover, the increasing volume of data and growing demand for cloud storage due to COVID-19 is further propelling the overall need for electronic medical records (EMR) to store important documents related to the patient’s illness. The growth of the market has been rising significantly over the past few years and is projected to skyrocket in the coming years.

The global electronic medical records (EMR) market was valued at USD 29,092.13 million in 2021 and is expected to reach USD 47,640.2 million by 2029, registering a CAGR of 7.30% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Read More >> Electronic Medical Records (EMR) Market Share, Size, Worth USD 47,640.2 Million

Allscripts EMR Software is in business for the last 30 years. It is used in four countries: Australia, the United Kingdom, Canada, and Canada. Over 7000 employees work for the company, connecting and supporting 333,188 doctors and 2,340 hospitals. The company also offers a portal for patient engagement, Allscripts FollowMyHealth. It serves more than 16 million users. This software is ONC certified by the ATCB and compatible with Allscripts Revenue Cycle Management services and solutions.

Allscripts Healthcare Solutions has evolved from being a core electronic prescribing organization to a forward-looking Electronic Health Records, Financial Management, Precision Medicine, and Population Health Management (Allscripts CareInMotion), solutions provider. It is possible for large hospitals and practices to integrate the platform with other top practice management systems due to its open-source nature.

The software has two distinct EHR platforms, one for each practice size and the complexity of practice workflows. Both platforms have customizable templates for many medical specialties, intuitive daily planners, and patient portals. They also include voice recognition, E/M code, charting, mobile apps, voice recognition, voice recognition, voice recognition, voice recognition, and mobile apps. Allscripts acquired the Mckesson Hospital IT system and Practice Fusion over the past few years.


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