Electronic Medical Records Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

An electronic medical record is a computerised representation of a patient's paper-based medical information. The goal of these electronic medical records is to improve the overall quality of care. Clinical, financial, demographic, and coded healthcare data are all part of an electronic medical record. Many government agencies have emphasised the importance of electronic medical records. According to the World Health Organization, the efficacy of healthcare systems in recognising health problems, defining priorities, developing creative solutions, and allocating resources to enhance health outcomes is determined by the proper collection, management, and use of information. Electronic medical records are currently being used by a number of hospitals and clinics to maintain crucial documentation linked to the patient's disease. Individual patient information repositories would result in improved security.

The electronic medical records market can be divided into three categories based on software delivery mode:

Cloud computing software enables for centralised data storage and online access to services across numerous sites and geographic regions, but it does not allow for remote access to an existing network. The programme is adaptable enough to allow data records to be accessed from anywhere and at any time.

On-premises software, often known as shrink wrap, is installed and operated on a person's or organization's own premises. It makes use of the organization's local computing resources and necessitates the purchase of a licenced software copy from a third-party vendor.

North America, Europe, Asia Pacific, and the Rest of the World are the four key regions in which electronic medical records are sold (RoW). North America, followed by Europe, has the lead in the market among these four regions. Increased portability and accessibility of medical document management systems, as well as growing need for a paperless environment to reduce human error, are the primary factors driving the growth of the electronic medical records market in these areas.