Electronic Medical Records market to reach $6 billion by 2015

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Originally published in eHealth, June 2011

U.S. The U.S. EMR market is expected to grow from $2,177 million in 2009 to $6,054 million in 2015 at an estimated CAGR of 18.1 percent during the forecast period 2010-2015. Though large-sized healthcare practices prefer on-site/client-server based EMR systems, web-based EMR solutions or ASP models are gaining higher popularity within the small-sized healthcare practices and private physician offices. The U.S. EMR market space is highly fragmented with more than 1000 players in 2010, Allscripts emerged as a market leader with 15.7 percent market share in the physician office EMR market; whereas Meditech led the hospital EMR segment with an overall market share of 24.9 percent. The report evaluates the U.S. EMR market with respect to its sub-segments on the basis of end users, components, and applications.