Electronic Medical Records Market to 2017 - Government Financial Incentives and Benefits in terms of Costs and Quality of Healthcare Drive Adoption among Physicians and Hospitals

Published: March 2012
No. of Pages: 79
  

This research provides key data, information and analysis on the global Electronic Medical Records (EMR) market. The report provides information on the market landscape and market dynamics for the two market categories: Hospital/ Enterprise EMR and Ambulatory EMR. The report provides comprehensive information on the key factors affecting these categories, as well as key analytical content on the market dynamics and strategic competitive analysis. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.

Scope

  • The report analyses the global EMR market along with the major forces driving the current market and the potential challenges that can restrict growth. The scope of the report includes:
  • Key geographies covered include the US, Canada, the UK, France, Germany, Italy, Spain, Japan, China, Australia, India, and Brazil.
  • Market size data for two EMR market categories: Hospital/ Enterprise EMR and Ambulatory EMR.
  • Annualized market revenue data, forecast for seven years to 2017. Company shares data for 2010.
  • Qualitative analysis of key market trends, drivers and restraints for the EMR market.
  • Information on the leading market players and the competitive landscape.

Reasons to Buy

  • The report will enhance your decision making capability. It will allow you to:
  • Develop business strategies by understanding the trends and developments that are driving the global EMR market.
  • Design and develop your product development, marketing and sales strategies. .
  • Develop market-entry and market-expansion strategies.
  • Identify key players best positioned to take advantage of the market opportunities.
  • What’s the next big thing in the EMR market landscape? – Identify, understand and capitalize.
  • Make more informed business decisions from the insightful and in-depth analysis of the EMR market and the factors shaping it.

Electronic Medical Records Market to 2017 - Government Financial Incentives and Benefits in terms of Costs and Quality of Healthcare Drive Adoption among Physicians and Hospitals

Table of Contents

1 Table Of Contents 2
1.1 List of Tables 8
1.2 List of Figures 10

2 Executive Summary 12
2.1 Global Electronic Medical Records Market is Forecast to Exceed $7.8 billion by 2017 12
2.2 The US to Continue to be the Biggest Market for Electronic Medical Records Market 12
2.3 Electronic Medical Records Market is Extremely Fragmented With Top Players Having Less than 10% Market Share 13
2.4 The Rising Demand for Healthcare Cost Containment and Need to Improve Quality of Healthcare Service Are Driving the Growth of the Global EMR Market 14

3 Introduction 16
3.1 GBI Research Guidance 16

4 Electronic Medical Records: Overview 17
4.1 Advantages of Electronic Medical Records 17

5 Electronic Medical Records: Global Market Characterization 20
5.1 Electronic Medical Records Market, Global, Revenue ($m), Historic, 2003–2010 20
5.2 Electronic Medical Records Market, Global, Revenue ($m), Forecast, 2010–2017 21
5.3 Electronic Medical Records, Market Trends 22
5.3.1 EMR Companies Expanding Their Capabilities to Include Mobile Applications and Web Enables Access to Patient Records 22
5.3.2 Vendors are Offering Software as a Service (SaaS) EMR solutions to Facilitate Adoption Among Smaller Hospitals 23
5.3.3 Consolidation Activity in Provider Sector in the US to Lead to Increased Adoption Among Merging Practices 23
5.3.4 Large Scale Consolidation Activity Among Small Vendors to Expand Geographic Presence and Comprehensive Product Offerings 24
5.4 Electronic Medical Records, Market Drivers 26
5.4.1 Government Initiatives in Most Parts of the World to Continue to Sustain High Demand for EMR 26
5.4.1.1 Dismantling of Currently Installed EMRs by Some NHS Trusts in England To Open Up Market to Other EMR Players in England 27
5.4.1.2 Scotland and Wales to Continue Implementation of National Programs and Expand Their Reach to Include More Providers 28
5.4.1.3 Establishment Agence des Systèmes d'Information Partagés de Santé (ASIP Santé) To Guide Implementation Of dossier médical personnel (DMP) and Hôpital Numérique To Drive Market 28
5.4.1.4 Spanish Government’s Sanidad en Línea Program to Continue to Drive Adoption over Next Year 29
5.4.1.5 HITECH Act in the US to inject $19.2 billion over the Next Few Years 30
5.4.1.6 Canada’s Infoway Programs Have Led to Accelerated Adoption of EMR solutions 31
5.4.1.7 Programs by Japanese Government Will Leading to Some Adoption 32
5.4.1.8 Allocation of funding for Healthcare IT to Drive Market in Australia 33
5.4.1.9 China’s Focus on Healthcare IT to Drive Market Over Next Few Years 33
5.4.2 Regional Level Implementations of EHR to Promote Interoperability Will Create More Awareness about Benefits of Healthcare IT 33
5.4.3 The Rising Demand for Healthcare Cost Containment and Need to Improve Quality of Healthcare Service Are Driving the Growth of the Global EMR Market 36
5.4.4 New Products Designed Specifically For Under Penetrated Markets Such As Small Hospitals and Physicians to Be Future Growth Drivers 39
5.5 Electronic Medical Records, Market Restraints 39
5.5.1 Gap in Demand and Supply for Healthcare IT workers to Continue to Plague EMR Adoption 39
5.5.2 Fragmented Market and Large Number of Local Players Create Intense Competition and Pricing Pressures 40

6 Electronic Medical Records Market: Segment Analysis and Forecasts 42
6.1 Hospital/Enterprise Electronic Medical Records Devices Market, Global, Revenue ($m), Historic, 2003–2010 42
6.2 Hospital Electronic Medical Records Devices Market, Global, Revenue ($m), Forecast, 2010–2017 43
6.3 Ambulatory Electronic Medical Records Devices Market, Global, Revenue ($m), Historic, 2003–2010 45
6.4 Ambulatory Electronic Medical Records Devices Market, Global, Revenue ($m), Forecast, 2010–2017 46

7 Electronic Medical Records Market, Revenue ($m), by Geography, Revenue ($m), Historic and Forecast, 2003–2017 48
7.1 Electronic Medical Records Market, The US, Revenue ($m), Historic, 2003–2010 48
7.2 Electronic Medical Records Market, The US, Revenue ($m), Forecast, 2010–2017 49
7.3 Electronic Medical Records Market, Canada, Revenue ($m), Historic, 2003–2010 51
7.4 Electronic Medical Records Market, Canada, Revenue ($m), Forecast, 2010–2017 52
7.5 Electronic Medical Records Market, UK, Revenue ($m), Historic, 2003–2010 53
7.6 Electronic Medical Records Market, UK, Revenue ($m), Forecast, 2010–2017 55
7.7 Electronic Medical Records Market, France, Revenue ($m), Historic, 2003–2010 56
7.8 Electronic Medical Records Market, France, Revenue ($m), Forecast, 2010–2017 58
7.9 Electronic Medical Records Market, Germany, Revenue ($m), Historic, 2003–2010 59
7.10 Electronic Medical Records Market, Germany, Revenue ($m), Forecast, 2010–2017 61
7.11 Electronic Medical Records Market, Italy, Revenue ($m), Historic, 2003–2010 62
7.12 Electronic Medical Records Market, Italy, Revenue ($m), Forecast, 2010–2017 63
7.13 Electronic Medical Records Market, Spain, Revenue ($m), Historic, 2003–2010 64
7.14 Electronic Medical Records Market, Spain, Revenue ($m), Forecast, 2010–2017 66
7.15 Electronic Medical Records Market, Japan, Revenue ($m), Historic, 2003–2010 67
7.16 Electronic Medical Records Market, Japan, Revenue ($m), Forecast, 2010–2017 69
7.17 Electronic Medical Records Market, China, Revenue ($m), Historic, 2003–2010 70
7.18 Electronic Medical Records Market, China, Revenue ($m), Historic, 2003–2010 72
7.19 Electronic Medical Records Market, Australia, Revenue ($m), Historic, 2003–2010 73
7.20 Electronic Medical Records Market, Australia, Revenue ($m), Forecast, 2010–2017 74
7.21 Electronic Medical Records Market, India, Revenue ($m), Historic, 2003–2010 76
7.22 Electronic Medical Records Market, India, Revenue ($m), Forecast, 2010–2017 77
7.23 Electronic Medical Records Market, Brazil, Revenue ($m), Historic, 2003–2010 78
7.24 Electronic Medical Records Market, Brazil, Revenue ($m), Forecast, 2010–2017 79

8 Electronic Medical Records Market: Key Global Market Participants and Marketed Products Analysis 81
8.1 Electronic Medical Records Market, Company Share (%), Global, 2011 81
8.2 Global Electronic Medical Records Market: Key Market Participants 83
8.2.1 Cerner Corporation 83
8.2.1.1 Overview 83
8.2.1.2 Marketed Products 83
8.2.2 Siemens Healthcare 83
8.2.2.1 Overview 84
8.2.2.2 Marketed Products 84
8.2.3 McKesson 85
8.2.3.1 Overview 85
8.2.3.2 Marketed Products 86
8.2.4 Epic Systems Corporation 87
8.2.4.1 Overview 87
8.2.4.2 Marketed Products 88
8.2.5 Fujitsu 89
8.2.5.1 Overview 89
8.2.5.2 Marketed Products 90
8.2.6 Medical Information Technology, Inc. (MEDITECH) 90
8.2.6.1 Overview 90
8.2.6.2 Marketed Products 90
8.2.7 Agfa-Gevaert N.V. 91
8.2.7.1 Overview 91
8.2.7.2 Marketed Products 92
8.2.8 GE Healthcare 93
8.2.8.1 Marketed Products 93
8.2.9 Allscripts Healthcare Solutions, Inc. 94
8.2.9.1 Overview 94
8.2.9.2 Marketed Products 95

9 Electronic Medical Records Market: Global M&A Landscape 96
9.1 Electronic Medical Records, Key Acquisitions, 2010–2011 96
9.1.1 Agfa HealthCare To Acquire Healthcare IT Company, WPD Informatica 96
9.1.1.1 Deal Overview 96
9.1.1.2 Strategic Rationale 96
9.1.2 Cerner to Acquire Clairvia 96
9.1.2.1 Deal Overview 96
9.1.2.2 Strategic Rationale 97
9.1.3 QHR Technologies Completes Acquisition of EMIS 97
9.1.3.1 Deal Overview 97
9.1.3.2 Strategic Rationale 97
9.1.4 Computer Sciences Completes Acquisition Of iSOFT Group 97
9.1.4.1 Deal Overview 97
9.1.4.2 Strategic Rationale 98
9.1.5 CompuGroup Medical Acquires Visionary Healthware Group 98
9.1.5.1 Deal Overview 98
9.1.5.2 Strategic Rationale 98
9.1.6 Cegedim Acquires Pulse Systems 99
9.1.6.1 Deal Overview 99
9.1.6.2 Strategic Rationale 99
9.1.7 GE Healthcare Acquires MedPlexus 99
9.1.7.1 Deal Overview 99
9.1.7.2 Strategic Rationale 99
9.1.8 Quality Systems Acquires Opus Healthcare Solutions 99
9.1.8.1 Deal Overview 100
9.1.8.2 Strategic Rationale 100
9.1.9 AdvancedMD Software Completes Acquisition Of PracticeOne 100
9.1.9.1 Deal Overview 100
9.1.9.2 Strategic Rationale 100
9.1.10 Allscripts to Merge With Eclipsys 100
9.1.10.1 Deal Overview 100
9.1.10.2 Strategic Rationale 101

10 Appendix 102
10.1 Definitions 102
10.1.1 Healthcare IT 102
10.1.2 Hospital Information Systems 102
10.1.2.1 Electronic Medical Records 102
10.2 Acronyms 103
10.3 Sources 104
10.4 Research Methodology 105
10.4.1 Secondary Research 105
10.4.2 Primary Research 105
10.4.3 Models 106
10.4.4 Forecasts 106
10.4.5 Expert Panels 106
10.5 Contact Us 106
10.6 Disclaimer 107

List of Tables

Table 1: Electronic Medical Records Market, Global, Revenue ($m), 2003–2010 20
Table 2: Electronic Medical Records Market, Global, Revenue ($m), 2010–2017 22
Table 3: CompuGroup, List of Acquisitions, EMR Market, 2011 24
Table 4: CompuGroup, Marketed Products, EMR Market 25
Table 5: Noemalife, List of Acquisitions, EMR Market, 2011 26
Table 6: Medicare HIT Incentives Payment Plan Timeline 30
Table 7: Expenditures and Commitments by Canada Health Infoway, 2009 32
Table 8: Healthcare Expenditure as a % of GDP, 2000-2008 38
Table 9: Projected Need for Healthcare IT Workers, The US, 2010 40
Table 10: Hospital/Enterprise Electronic Medical Records Devices Market, Global, Revenue ($m), 2003–2010 43
Table 11: Hospital/Enterprise Electronic Medical Records Devices Market, Global, Revenue ($m), 2010–2017 44
Table 12: Ambulatory Electronic Medical Records Devices Market, Global, Revenue ($m), 2003–2010 45
Table 13: Ambulatory Electronic Medical Records Devices Market, Global, Revenue ($m), 2010–2017 47
Table 14: Electronic Medical Records Market, The US, Revenue ($m), 2003–2010 49
Table 15: Electronic Medical Records Market, The US, Revenue ($m), 2010–2017 50
Table 16: Electronic Medical Records Market, Canada, Revenue ($m), 2003–2010 51
Table 17: Electronic Medical Records Market, Canada, Revenue ($m), 2010–2017 53
Table 18: Electronic Medical Records Market, UK, Revenue ($m), 2003–2010 54
Table 19: Electronic Medical Records Market, UK, Revenue ($m), 2010–2017 56
Table 20: Electronic Medical Records Market, France, Revenue ($m), 2003–2010 57
Table 21: Electronic Medical Records Market, France, Revenue ($m), 2010–2017 59
Table 22: Electronic Medical Records Market, Germany, Revenue ($m), 2003–2010 60
Table 23: Electronic Medical Records Market, Germany, Revenue ($m), 2010–2017 61
Table 24: Electronic Medical Records Market, Italy, Revenue ($m), 2010–2017 64
Table 25: Electronic Medical Records Market, Spain, Revenue ($m), 2003–2010 65
Table 26: Electronic Medical Records Market, Spain, Revenue ($m), 2010–2017 67
Table 27: Electronic Medical Records Market, Japan, Revenue ($m), 2003–2010 68
Table 28: Electronic Medical Records Market, Japan, Revenue ($m), 2010–2017 70
Table 29: Electronic Medical Records Market, China, Revenue ($m), 2003–2010 71
Table 30: Electronic Medical Records Market, China, Revenue ($m), 2003–2010 72
Table 31: Electronic Medical Records Market, Australia, Revenue ($m), 2003–2010 74
Table 32: Electronic Medical Records Market, Australia, Revenue ($m), 2010–2017 75
Table 33: Electronic Medical Records Market, India, Revenue ($m), 2003–2010 77
Table 34: Electronic Medical Records Market, India, Revenue ($m), 2010–2017 78
Table 35: Electronic Medical Records Market, Brazil, Revenue ($m), 2003–2010 79
Table 36: Electronic Medical Records Market, Brazil, Revenue ($m), 2010–2017 80
Table 37: Electronic Medical Records Market, Global, Company Share (%), 2011 82
Table 38: Cerner Corporation, Marketed Products, EMR Market 83
Table 39: Siemens Healthcare, Marketed Products, EMR Market 84
Table 40: McKesson Corporation, Marketed Products, EMR Market 86
Table 41: Epic Systems Corporation, Marketed Products, EMR Market 88
Table 42: Fujitsu, Marketed Products, EMR Market 90
Table 43: MEDITECH, Marketed Products, EMR Market 90
Table 44: Agfa Systems Corporation, Marketed Products, EMR Market 92
Table 45: GE Healthcare, Marketed Products, EMR Market 93
Table 46: Allscripts Healthcare Solutions, Inc., Marketed Products, EMR Market 95

List of Figures

Figure 1: Electronic Medical Records Market, Global, Overall Revenue ($m), 2010–2017 12
Figure 2: Electronic Medical Records Market, The US and Other Countries Contribution (%), 2010 12
Figure 3: Electronic Medical Records Market, Global, Company Share (%), 2011 13
Figure 4: Comparison Between EHR and EMR 19
Figure 5: Electronic Medical Records Market, Global, Revenue ($m), 2003–2010 20
Figure 6: Electronic Medical Records Market, Global, Revenue ($m), 2010–2017 21
Figure 7: Government Initiatives Across the World, 2011 27
Figure 8: Regional Level Implementations Across Europe, 2011 33
Figure 9: Healthcare Expenditure as a % of GDP, 2000-2008 36
Figure 10: Hospital/Enterprise Electronic Medical Records Devices Market, Global, Revenue ($m), 2003–2010 42
Figure 11: Hospital/Enterprise Electronic Medical Records Devices Market, Global, Revenue ($m), 2010–2017 43
Figure 12: Ambulatory Electronic Medical Records Devices Market, Global, Revenue ($m), 2003–2010 45
Figure 13: Ambulatory Electronic Medical Records Devices Market, Global, Revenue ($m), 2010–2017 46
Figure 14: Electronic Medical Records Market, The US, Revenue ($m), 2003–2010 48
Figure 15: Electronic Medical Records Market, The US, Revenue ($m), 2010–2017 49
Figure 16: Electronic Medical Records Market, Canada, Revenue ($m), 2003–2010 51
Figure 17: Electronic Medical Records Market, Canada, Revenue ($m), 2010–2017 52
Figure 18: Electronic Medical Records Market, UK, Revenue ($m), 2003–2010 53
Figure 19: Electronic Medical Records Market, UK, Revenue ($m), 2010–2017 55
Figure 20: Electronic Medical Records Market, France, Revenue ($m), 2003–2010 56
Figure 21: Electronic Medical Records Market, France, Revenue ($m), 2010–2017 58
Figure 22: Electronic Medical Records Market, Germany, Revenue ($m), 2003–2010 59
Figure 23: Electronic Medical Records Market, Germany, Revenue ($m), 2010–2017 61
Figure 24: Electronic Medical Records Market, Italy, Revenue ($m), 2003–2010 62
Figure 25: Electronic Medical Records Market, Italy, Revenue ($m), 2010–2017 63
Figure 26: Electronic Medical Records Market, Spain, Revenue ($m), 2003–2010 64
Figure 27: Electronic Medical Records Market, Spain, Revenue ($m), 2010–2017 66
Figure 28: Electronic Medical Records Market, Japan, Revenue ($m), 2003–2010 67
Figure 29: Electronic Medical Records Market, Japan, Revenue ($m), 2010–2017 69
Figure 30: Electronic Medical Records Market, China, Revenue ($m), 2003–2010 70
Figure 31: Electronic Medical Records Market, China, Revenue ($m), 2003–2010 72
Figure 32: Electronic Medical Records Market, Australia, Revenue ($m), 2003–2010 73
Figure 33: Electronic Medical Records Market, Australia, Revenue ($m), 2010–2017 74
Figure 34: Electronic Medical Records Market, India, Revenue ($m), 2003–2010 76
Figure 35: Electronic Medical Records Market, India, Revenue ($m), 2010–2017 77
Figure 36: Electronic Medical Records Market, Brazil, Revenue ($m), 2003–2010 78
Figure 37: Electronic Medical Records Market, Brazil, Revenue ($m), 2010–2017 79
Figure 38: Electronic Medical Records Market, Global, Company Share (%), 2011 81

Published By: GBI Research
Product Code: GBI Research369


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