US Markets for Electronic Medical Records 2012

The US market for electronic medical records (EMRs), which serves medical providers in the acute and ambulatory care segments, will experience high growth through 2016. Over the forecast period, the market will expand significantly due to incentive funding for EMR implementation as part of the American Recovery and Reinvestment Act.

Furthermore, revenue increases will be driven by the improved quality of care provided through the use of EMR systems, increased long-term clinical efficiency, and peer influence from early adopters. The factors most significantly limiting the market are the costs associated with purchasing an EMR system, both from the capital expenditure and the initial loss of productivity, as well as lack of personnel resources to dedicate toward the purchasing and maintenance of the system...