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					Electronic Medical Records (EMR) - Global Opportunity Assessment, Competitive
Landscape and Market Forecasts to 2016

Global Electronic Medical Records Market is Forecast to Grow at 12% CAGR over the
Next Seven Years

The global electronic medical records (EMR) market is forecast to grow at a 12%
Compounded Annual Growth Rate (CAGR) to reach $9,123m by 2016.
Hospital/Enterprise EMR will continue to be the largest sub-segment, and will grow at a
12% CAGR during 2009–2016. In the same period, the Ambulatory EMR segment is
forecast to grow at 11% CAGR to reach $958m by 2016. The market will be driven by
government financial incentives in countries such as the US, Australia, China and Canada
to create a robust healthcare IT infrastructure.

For Sample Pages, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/RequestSamplePages.aspx?ID=Electronic-
Medical-Records-EMR-Global-Opportunity-Assessment-Competitive-Landscape-and-
Market-Forecasts-to-2016&Title=Medical_Devices&ReportType=Industry_Report

Over the past decade, governments across the world have recognized the importance of
IT in healthcare. There has been growing evidence of the time and cost efficiencies the
healthcare IT systems can bring into an already overstretched healthcare system. Since
creating an IT infrastructure requires a significant amount of funds, governments have
stepped up the funding for various IT programs. In addition, all healthcare IT solutions
require a significant amount of services to get the system in place and to maintain it after
installation. With the growing adoption of healthcare IT, the demand for healthcare IT
services is also likely to go up.

In 2009, the US government dedicated a $19.2 billion stimulus package to healthcare IT
infrastructure and Electronic Health Record (EHR) implementation by both hospitals and
physicians under the Health Information Technology for Economic and Clinical Health
Act (HITECH Act). Besides the HITECH Act, the migration to the International
Classification of Disease -10 (ICD-10) and the Health Insurance Portability and
Accountability Act (HIPAA) 5010 are further expected to boost the healthcare IT
services market in the US.

The Australian government recently announced health reforms to improve and modernize
the country’s healthcare system. The government plans to invest more than AUD7.4
billion in the healthcare system, which includes an allotment of AUD464m towards
healthcare IT.

GlobalData’s new report, “Electronic Medical Records (EMR) - Global Opportunity
Assessment, Competitive Landscape and Market Forecasts to 2016” provides key data,
information and analysis on the global Electronic Medical Records (EMR) market. The
report provides market landscape, competitive landscape and market trends information
on the Electronic Medical Records (EMR) market. The report provides comprehensive
information on the key trends affecting the market, and key analytical content on the
market dynamics. The report also reviews the competitive landscape and technology
offerings.

For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Electronic-Medical-Records-
EMR-Global-Opportunity-Assessment-Competitive-Landscape-and-Market-Forecasts-to-
2016&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Medical_De
vices

Visit our report store: http://www.globaldata.com

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                      +44 1204 543 533
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Description: Global Electronic Medical Records Market is Forecast to Grow at 12% CAGR over the Next Seven Years