EMR Market Projected to Surpass $8.3B by 2016

The electronic medical record market is projected to grow to more than $8.3 billion by 2016, according to a Millennium Research Group news release.

Advertisement

MRG’s report, “US Markets for Electronic Medical Records 2012,” indicated that meaningful use incentive payments and penalties for not having EMRs will drive demand, leading to an average annual growth rate of 12 percent through 2016.  

Related Articles on Health IT and Market Growth:

Health IT Companies Raise $207M in Venture Capital in 3Q
Wireless Patient Monitoring Devices Are Fastest Growing Medical Devices in Revenue Earned

Report: Electronic Health Record Market Revenues Could Reach $6.5B in 2012

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Health IT

Advertisement

Comments are closed.