Report: EMR Market Expected to Top $6B by 2015

The electronic medical record market is expected to increase to $6 billion by 2015, up from $2.1 billion in 2009, according to a report by marketing research firm Markets and Markets.

Web-based EMR systems are gaining traction with smaller healthcare practices and private physician practices due to lower implementation costs, the report stated, while hospitals and other large healthcare practices typically use client-server based EMR systems, which comprise roughly 76 percent of the EMR software market. The development of interoperable EMR solutions is also the biggest focus among companies in the market.

There are more than 1,000 EMR providers in the market, and Meditech holds the largest hospital EMR segment with an overall market share of 24.9 percent, according to the report.

Read the Markets and Markets report on the EMR market.

Related Articles on EMRs:

Study: Widespread EMR Adoption Depends on Usability
Dr. David Bates: Framework for Using EMRs in Research May Take Several Years
Health IT Spending Expected to Soar Up to $40B

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