The U.S. Market for EMR Technologies

Abstract

U.S. hospitals, physicians, health systems and other healthcare companies have earmarked monies in their next few years' budgets for the purchase of technologies that will help them improve efficiencies and reduce costs. Electronic Medical Record (EMR) technology will certainly be among their purchases. EMR has proven it can make healthcare workflow more efficient, reduce costs, while at the same time improving the quality of patient care. Given these undisputable benefits, the 1.2 billion-dollar market for EMR is expected to grow nearly 400% in the next eight years, according to Kalorama' s experts.

An EMR is a computer-based patient medical record. It includes data that is present in a patients medical record, such as demographics, medical history, orders progress notes, test results and other relevant information. It can facilitate efficiencies, cooperation within health systems and provisions of services that are not possible with traditional paper-based medical records. Companies that implement them are bound to have an advantage over their competitors who do not.

Companies who wish to take advantage of the opportunity this market offers will want EMR Technologies, The U.S. Market , Kalorama' s complete roundup of the US market for EMR technologies. In exhaustive detail, Kalorama has analyzed every aspect of this nascent market.

Among the insights in this report, readers will learn:

• The Key Players in EMR Including Their Key Executives and Major Clients
• Major Product Offerings and Pricing Models.
• Current EMR Revenues and Forecasts to 2015.
• The Best Area of Growth For EMR
• Possible Pitfalls EMR Companies Need to Take Note of
• New Features and Applications Users are Demanding
• Why Early Entrants Into This Market Will Be Rewarded
• How HIPPA Will Continue to Drive This Market

EMR technologies can be a difficult marketplace to understand without assistance from qualified analysts. A few market leaders dominate, but there are many small companies and excellent potential for entrants. Product offerings and pricing models vary. Adoption rates vary as health providers implement technology in stages. New applications may change the marketplace. Kalorama' s clear and concise report cuts through these confusing aspects associated with understanding healthcare software systems and provides the important information market-watchers need to know about the US EMR market.

Technologies covered in EMR Technologies, The U.S. Market, include:

• Laboratory Information Systems (LIS)
• Radiology Information Systems (RIS)
• Pharmacy Information Systems (PIS)
• Computerized Physician Order Entry (CPOE)
• Picture Archiving and Communication Systems (PACS)
• Decision Support Systems (DSS)
• other EMR systems and applications.

Kalorama' s unique and thorough research process provides an exhaustive analysis of this evolving market. Information was gathered using both primary and secondary research including comprehensive research of secondary sources such as company literature, databases, investment reports, and medical and business journals. For the purpose of this study, Kalorama Information conducted telephone and email interviews with key industry officials, consultants, health care providers, and government personnel. These sources were the primary basis in gathering information specifically relating to revenue and market share data presented in this report. Specific interviews with EMR representatives included marketing directors, division managers, and product development representatives.