1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY 15
1.5 LIMITATIONS 15
1.6 STAKEHOLDERS 15

2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DESIGN 16
2.2 RESEARCH APPROACH 17
2.2.1 SECONDARY RESEARCH 18
2.2.1.1 Secondary sources 18
2.2.2 PRIMARY RESEARCH 19
2.2.2.1 Primary sources 21
2.2.2.2 Key industry insights 22
2.2.3 MARKET SIZE ESTIMATION METHODOLOGY 23
2.2.4 MARKET DATA VALIDATION AND TRIANGULATION 25
2.2.5 ASSUMPTIONS FOR THE STUDY 26

3 EXECUTIVE SUMMARY 27

4 PREMIUM INSIGHTS 30
4.1 HOSPITAL EMR: MARKET OVERVIEW 30
4.2 NORTH AMERICA: HOSPITAL EMR MARKET, BY COMPONENT (2018) 31
4.3 HOSPITAL EMR MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES 32

5 INDUSTRY INSIGHTS 33

6 MARKET OVERVIEW 38
6.1 INTRODUCTION 38
6.2 MARKET DYNAMICS 38
6.2.1 DRIVERS 39
6.2.1.1 Government support for the adoption of EMR solutions 39
6.2.1.2 Rising need to curtail healthcare costs 40
6.2.2 RESTRAINTS 40
6.2.2.1 Need for significant investments in infrastructure development and high cost of deployment 40
6.2.3 OPPORTUNITIES 41
6.2.3.1 Cloud-based EHR solutions 41
6.2.4 CHALLENGES 41
6.2.4.1 Interoperability issues 41

7 HOSPITAL EMR MARKET, BY COMPONENT 42
7.1 INTRODUCTION 43
7.2 SERVICES 43
7.2.1 SERVICES SEGMENT TO DOMINATE THE HOSPITAL EMR MARKET DURING THE FORECAST PERIOD 43
7.3 SOFTWARE 45
7.3.1 FREQUENT NEED FOR UPGRADES AND IMPROVEMENTS ARE DRIVING THE GROWTH OF THE SOFTWARE MARKET 45
7.4 HARDWARE 45
7.4.1 INCREASING ADOPTION OF CLOUD-BASED EMR TO RESTRAIN THE MARKET FOR HARDWARE 45

8 HOSPITAL EMR MARKET, BY MODE OF DELIVERY 47
8.1 INTRODUCTION 48
8.2 ON-PREMISE 49
8.2.1 ON-PREMISE SOLUTIONS OFFER ENHANCED CONTROL, SAFETY OF INVENTORY DATA, AND COST BENEFITS IN THE LONG TERM 49
8.3 CLOUD-BASED 50
8.3.1 CLOUD-BASED HOSPITAL EMR SOLUTIONS TO WITNESS HIGH ADOPTION IN THE COMING YEARS 50

9 HOSPITAL EMR MARKET, BY TYPE 52
9.1 INTRODUCTION 53
9.2 GENERAL EMR 53
9.2.1 GENERAL EMR TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD 53
9.3 SPECIALTY EMR 54
9.3.1 HIGH COST OF SPECIALTY EMR IS THE MAJOR FACTOR RESPONSIBLE FOR THEIR LOWER ADOPTION IN THE MARKET 54

10 HOSPITAL EMR MARKET, BY REGION 56
10.1 INTRODUCTION 57
10.2 NORTH AMERICA 58
10.2.1 US 60
10.2.1.1 US to dominate the North American hospital EMR market in 2018; this trend will continue during the forecast period 60
10.2.2 CANADA 63
10.2.2.1 Canada to witness the highest growth rate in the North American hospital EMR market during the forecast period 63
10.3 EUROPE 66
10.3.1 HEALTHCARE DIGITIZATION INITIATIVES AND PROGRAMS TO MODERNIZE HEALTHCARE TO DRIVE THE ADOPTION OF EMRS IN EUROPE 67
10.4 ASIA PACIFIC 70
10.4.1 CHINA AND INDIA TO PROVIDE HIGH-GROWTH OPPORTUNITIES FOR EMR VENDORS 71
10.5 REST OF THE WORLD (ROW) 75
10.5.1 MIDDLE EAST AND LATIN AMERICA–LUCRATIVE MARKETS FOR EMR VENDORS 76

11 COMPETITIVE LANDSCAPE 79
11.1 INTRODUCTION 79
11.2 COMPETITIVE SCENARIO 80
11.2.1 PRODUCT DEPLOYMENTS 80
11.2.2 PRODUCT LAUNCHES 81
11.2.3 EXPANSIONS 81
11.2.4 AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS 82
11.2.5 ACQUISITIONS 83

12 COMPANY PROFILE 84
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
12.1 CERNER CORPORATION 84
12.2 EPIC SYSTEMS CORPORATION 88
12.3 ATHENAHEALTH 92
12.4 ECLINICALWORKS 95
12.5 ALLSCRIPTS HEALTHCARE SOLUTIONS, INC. 98
12.6 MEDICAL INFORMATION TECHNOLOGY, INC. (MEDITECH) 102
12.7 MEDHOST 105
12.8 COMPUTER PROGRAMS AND SYSTEMS, INC. (CPSI) 107
12.9 INTERSYSTEMS CORPORATION 110
12.10 CANTATA HEALTH LLC 112

*Details on MarketsandMarkets view, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments might not be captured in case of unlisted companies.

13 APPENDIX 113
13.1 DISCUSSION GUIDE 113
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 116
13.3 AVAILABLE CUSTOMIZATIONS 118
13.4 RELATED REPORTS 118
13.5 AUTHOR DETAILS 119

LIST OF TABLES
TABLE 1 TOP 10 PREDICTED FIRST-TIME SOLUTION INVESTMENTS BY US HOSPITALS IN 2018 35
TABLE 2 HOSPITAL EMR MARKET, BY COMPONENT, 2016–2023 (USD MILLION) 43
TABLE 3 HOSPITAL EMR SERVICES MARKET, BY REGION, 2016–2023 (USD MILLION) 44
TABLE 4 HOSPITAL EMR SOFTWARE MARKET, BY REGION, 2016–2023 (USD MILLION) 45
TABLE 5 HOSPITAL EMR HARDWARE MARKET, BY REGION, 2016–2023 (USD MILLION) 46
TABLE 6 ON-PREMISE MODE OF DELIVERY: PROS AND CONS 48
TABLE 7 CLOUD-BASED MODE OF DELIVERY: PROS AND CONS 48
TABLE 8 HOSPITAL EMR MARKET, BY MODE OF DELIVERY, 2016–2023 (USD MILLION) 49
TABLE 9 ON-PREMISE HOSPITAL EMR SOLUTIONS MARKET, BY REGION, 2016–2023 (USD MILLION) 50
TABLE 10 CLOUD-BASED HOSPITAL EMR SOLUTIONS MARKET, BY REGION, 2016–2023 (USD MILLION) 51
TABLE 11 HOSPITAL EMR MARKET, BY TYPE, 2016–2023 (USD MILLION) 53
TABLE 12 GENERAL EMR MARKET, BY REGION, 2016–2023 (USD MILLION) 54
TABLE 13 SPECIALTY EMR MARKET, BY REGION, 2016–2023 (USD MILLION) 55
TABLE 14 HOSPITAL EMR MARKET, BY REGION, 2016–2023 (USD MILLION) 57
TABLE 15 NORTH AMERICA: HOSPITAL EMR MARKET, BY COUNTRY, 2016–2023 (USD MILLION) 59
TABLE 16 NORTH AMERICA: HOSPITAL EMR MARKET, BY MODE OF DELIVERY, 2016–2023 (USD MILLION) 59
TABLE 17 NORTH AMERICA: HOSPITAL EMR MARKET, BY TYPE, 2016–2023 (USD MILLION) 59
TABLE 18 NORTH AMERICA: HOSPITAL EMR MARKET, BY COMPONENT, 2016–2023 (USD MILLION) 60
TABLE 19 US: HOSPITAL EMR MARKET, BY MODE OF DELIVERY, 2016–2023 (USD MILLION) 62
TABLE 20 US: HOSPITAL EMR MARKET, BY TYPE, 2016–2023 (USD MILLION) 62
TABLE 21 US: HOSPITAL EMR MARKET, BY COMPONENT, 2016–2023 (USD MILLION) 62
TABLE 22 PROJECTS SPONSORED BY THE CANADIAN GOVERNMENT 64
TABLE 23 CANADA: HOSPITAL EMR MARKET, BY MODE OF DELIVERY, 2016–2023 (USD MILLION) 64
TABLE 24 CANADA: HOSPITAL EMR MARKET, BY TYPE, 2016–2023 (USD MILLION) 65
TABLE 25 CANADA: HOSPITAL EMR MARKET, BY COMPONENT, 2016–2023 (USD MILLION) 65
TABLE 26 EUROPE: EHEALTH PROGRAMS, INITIATIVES, AND STRATEGIES 67
TABLE 27 EHEALTH PRIORITIES FOR HEALTHCARE PROVIDERS IN EUROPE, BY COUNTRY 68
TABLE 28 EUROPE: HOSPITAL EMR MARKET, BY MODE OF DELIVERY, 2016–2023 (USD MILLION) 69
TABLE 29 EUROPE: HOSPITAL EMR MARKET, BY TYPE, 2016–2023 (USD MILLION) 69
TABLE 30 EUROPE: HOSPITAL EMR MARKET, BY COMPONENT, 2016–2023 (USD MILLION) 69
TABLE 31 JAPAN: EMR SYSTEM OPERATION STATUS, BY BED NUMBER GROUPS 71
TABLE 32 AUSTRALIA: PERCENTAGE OF CONSUMERS REGISTERED ON MY HEALTH RECORD OF THE TOTAL POPULATION OF EACH STATE 73
TABLE 33 APAC: HOSPITAL EMR MARKET, BY MODE OF DELIVERY, 2016–2023 (USD MILLION) 74
TABLE 34 APAC: HOSPITAL EMR MARKET, BY TYPE, 2016–2023 (USD MILLION) 74
TABLE 35 APAC: HOSPITAL EMR MARKET, BY COMPONENT, 2016–2023 (USD MILLION) 74
TABLE 36 ROW: HOSPITAL EMR MARKET, BY MODE OF DELIVERY, 2016–2023 (USD MILLION) 77
TABLE 37 ROW: HOSPITAL EMR MARKET, BY TYPE, 2016–2023 (USD MILLION) 77
TABLE 38 ROW: HOSPITAL EMR MARKET, BY COMPONENT, 2016–2023 (USD MILLION) 78
TABLE 39 PRODUCT LAUNCHES 81
TABLE 40 EXPANSIONS 81
TABLE 41 AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS 82
TABLE 42 ACQUISITIONS 83

LIST OF FIGURES
FIGURE 1 RESEARCH DESIGN: GLOBAL HOSPITAL EMR MARKET 16
FIGURE 2 HOSPITAL EMR MARKET: RESEARCH METHODOLOGY STEPS 17
FIGURE 3 SAMPLING FRAME: PRIMARY RESEARCH 20
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 20
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 23
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 24
FIGURE 7 DATA TRIANGULATION METHODOLOGY 25
FIGURE 8 HOSPITAL EMR MARKET, BY COMPONENT, 2018 VS. 2023 (USD MILLION) 27
FIGURE 9 HOSPITAL EMR MARKET, BY MODE OF DELIVERY, 2018 VS. 2023 (USD MILLION) 28
FIGURE 10 HOSPITAL EMR MARKET, BY TYPE, 2018 VS. 2023 (USD MILLION) 28
FIGURE 11 NORTH AMERICA TO DOMINATE THE HOSPITAL EMR MARKET DURING THE FORECAST PERIOD 29
FIGURE 12 RISING NEED TO CURTAIL HEALTHCARE COSTS—MAJOR FACTOR DRIVING THE ADOPTION OF EMRS 30
FIGURE 13 SERVICES SEGMENT TO ACCOUNT FOR THE LARGEST SHARE OF THE NORTH AMERICAN HOSPITAL EMR MARKET IN 2018 31
FIGURE 14 ASIA PACIFIC TO REGISTER THE HIGHEST GROWTH DURING THE FORECAST PERIOD (2018–2023) 32
FIGURE 15 PERCENTAGE OF NON-FEDERAL ACUTE CARE HOSPITALS ADOPTING EHR SYSTEMS, BY LEVEL OF FUNCTIONALITY, 2008–2015 34
FIGURE 16 INCREASING USE OF EHR IN MOBILE TECHNOLOGY 34
FIGURE 17 HOSPITAL EHR MARKET SHARE ANALYSIS, BY NUMBER OF CLIENTS, 2016 37
FIGURE 18 HOSPITAL EMR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 38
FIGURE 19 HOSPITAL EMR MARKET, BY REGION, 2018 57
FIGURE 20 NORTH AMERICA: HOSPITAL EMR MARKET SNAPSHOT 58
FIGURE 21 EUROPE: HOSPITAL EMR MARKET SNAPSHOT 66
FIGURE 22 ASIA PACIFIC: HOSPITAL EMR MARKET SNAPSHOT 70
FIGURE 23 ROW: HOSPITAL EMR MARKET SNAPSHOT 75
FIGURE 24 STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE HOSPITAL EMR MARKET BETWEEN 2015 AND 2018 79
FIGURE 25 STRATEGIES ADOPTED BY MARKET PLAYERS (2015–2018) 80
FIGURE 26 COMPANY SNAPSHOT: CERNER CORPORATION (2017) 85
FIGURE 27 COMPANY SNAPSHOT: ATHENAHEALTH (2017) 92
FIGURE 28 COMPANY SNAPSHOT: ALLSCRIPTS (2017) 98
FIGURE 29 COMPANY SNAPSHOT: MEDICAL INFORMATION TECHNOLOGY, INC. (2017) 102
FIGURE 30 COMPANY SNAPSHOT: COMPUTER PROGRAMS AND SYSTEMS, INC. (2017) 107