The European Electronic Medical Record market is estimated to grow to $4,153.9 million by 2018, - New Report by MicroMarket Monitor

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The European Electronic Medical Record market is driven by the increasing healthcare costs in this region

MicroMarket Monitor

MicroMarket Monitor

Key Players in the European Electronic Medical Record market are Athenahealth, Inc. (U.S.), Cerner Corporation (U.S.), Epic Systems (U.S.), Emdeon Inc (U.S.), Greenway Medical Technologies (U.S.), McKesson Corporation

The European Electronic Medical Record market report defines and segments the concerned market in Europe with analysis and forecast of revenue. The electronic medical record market in Europe is estimated to grow to $4,153.9 million by 2018, at a CAGR of 8.4% from 2013 to 2018.

Browse through the TOC of the European Electronic Medical Record market, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the electronic medical record market in the same region, and is supported by various tables and figures.

Electronic medical record (EMR)/Electronic health record (EHR) is a system that gathers manages, retrieves, and updates patient records in an electronic form. Practitioners use it to document, monitor, and manage healthcare across several providers. The data stored in the EMR/EHR is a legal record of a patient’s medical history and treatment provided at any healthcare delivery centers.

The European market is driven by the demand to reduce growing healthcare costs and the need to integrate healthcare IT solutions. Europe is the second-largest electronic medical record (EMR) market globally. EMR systems have been implemented in several European countries, such as the U.K. and France for over a decade now, and most of these systems had been designed locally. Presently, the demand for new and updated versions of EMR is driving the European electronic medical record market. For instance, the European Commission’s Innovative Medicines Initiative (IMI) launched its second wave (Wave II) of projects in March 2011. The Wave II comprises eight new projects, one of which is Electronic Health Record/Electronic Medical Record (EMR) Systems for Clinical Research (EHR4CR) project, which aims at shifting the healthcare industry data to digital systems and integrated solutions of EMR.

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This European electronic medical record market is segmented and forecast based on components and deployments of electronic medical record market in European region. The components segment comprises of hardware, software, and services, while the deployments segment consists of on-premise, cloud-based, and web-based. On the basis of products, the market is segmented into integrated EMR, and standalone EMR. The market is further segmented and forecast based on major countries, such as Germany, France, Italy, Spain, the U.K. and other European geographies. The market is also segmented and analyzed based on the end users.

Early buyers will receive 10% customization on this report.

This report also includes the market share and value chain analyses, along with market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market including major companies operational in this market.

Related Reports :

North American Electronic Medical Record (EMR) Market

The North American electronic medical record (EMR) market was valued at $7004.76 million in 2013, and is poised to grow at a CAGR of 9.4%, during 2013 to 2018. It is expected to reach $10958.34 million by 2018. Clinical reminder is the fastest-growing application segment of this market, and is projected to reach $1194.5 million by 2018.

The market for EMR/EHR in North America can be segmented by components, deployments, companies, macro-indicators, end-users, and applications. Components of this market are hardware (Healthcare IT), software (Healthcare IT) and services (Healthcare IT). The deployments segment of the market includes are on-premise, web-based, and cloud-based.

Asian Electronic Medical Record (EMR) Market

Asian Electronic Medical Record (EMR) market was estimated to be at $300.28 million in 2013.
A number of factors such as, government initiatives towards patient security, improved information technology to reduce healthcare cost, and improved quality of care and clinical outcomes are driving the growth of Asian Electronic Medical Record (EMR) market. However, factor such as limited investments in healthcare IT, interoperability issues, and high cost of healthcare IT solutions are restraining the growth of this market. Furthermore, shifting focus towards patient centric system, and introduction of ICD-10 conversion system presents new opportunities for this market in Asia in coming years.    

Based on the type of applications, the market is divided into five segments: clinical guidelines, clinical reminders, drug allergy alerts, drug dosing support, and drug-drug interaction.

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