Global IoT Electronic Health Record Management System Market is expected to grow at a higher rate in the forecast period is due to increasing demand in restructured electronic healthcare systems and the increasing level of advancement in the field of healthcare IoT.
Global IoT Electronic Health Record Management System Market
Further, rising demand for technologically advanced data management systems, increasing demand for remote monitoring process, rising aged population and increasing demand for advanced healthcare facilities also drive the market. However, concerns regarding increasing product costs may hamper the market growth in the forecast period.
The cloud-based software products are having the highest market in 2017 and expected to have a higher growth rate in the forecast period. The growth rate of the market is driven by increasing demand for convenience in the clinics, pharmacies, and small-scale laboratories. Cloud-based software needs limited requirement for the hardware infrastructure and which reduces the cost of installation, and thus, drive the market.
Growing demand for the information collected by the healthcare organization, growing various kinds of a patient level and government initiatives to implement the IoT market in IoT market in Electronic Health Record Management Systems also drive the market.
North America had the highest market share in 2017 primarily driven by Health Information Technology for Economic and Clinical Health (HITECH) Act proposed by the Federal Health IT Strategic Plan mandates, which further provided a proper usage of EHR for the healthcare providers. U.S. and Canada are the major countries contribute a major share in North American region as almost all of the healthcare organizations in both the countries have successfully implemented Electronic Health Record for patients to help the patients in remote care facilities.
China and India are the major countries contributing higher market share out of the Asia-Pacific market due to increasing investment from the government towards advancing the healthcare facilities. China has the highest market in the region driven by the presence of home for production of low-cost electronic chips and components used for electronic health records.
Key players operated in market include Cerner, Allscripts, McKesson Corporation, MEDITECH, Epic Systems Corporation, NextGen Healthcare, eClinicalWorks, Healthcare Management Systems, Healthland, CureMD Healthcare, GE Healthcare, Medical Information Technology, Inc, Greenway Health, LLC, 4medica, Athenahealth, Inc., AdvancedMD, Inc., Computer Programs and Systems, Inc., Quality Systems, Inc., AGFA Healthcare, Akelex, Amazing Charts Llc, Amazon, Analogic, Arm Holdings, Arxan.
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Scope of Global IoT Electronic Health Record Management System Market:
Global IoT Electronic Health Record Management System Market, by Type:
• Cloud-Based Software
• On-Premise Software
Global IoT Electronic Health Record Management System Market, by Product:
• Inpatient HER
• Ambulatory EHR
Global IoT Electronic Health Record Management System Market, by Application:
• Clinical Application
• Administrative Application
• Reporting in Healthcare System
• Healthcare Financing
• Clinical Research Application
Global IoT Electronic Health Record Management System Market, by End User:
• Specialty Centres
Global IoT Electronic Health Record Management System Market, by Region:
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
Key players in Global IoT Electronic Health Record Management System Market:
• McKesson Corporation
• Epic Systems Corporation
• NextGen Healthcare
• Healthcare Management Systems
• CureMD Healthcare
• GE Healthcare
• Medical Information Technology, Inc
• Greenway Health
• Athenahealth, Inc.
• AdvancedMD, Inc.
• Computer Programs and Systems, Inc.
• Quality Systems, Inc.
• AGFA Healthcare
• Amazing Charts Llc
• Arm Holdings
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