(PharmaNewsWire.Com, February 17, 2019 ) Global Hospital EMR System Market valued approximately USD xxx million in 2017 is anticipated to grow with a healthy growth rate of more than xxx% over the forecast period 2018-2025. The Hospital EMR System market is developing and expanding at a significant pace. Electronic Medical record refers both to the individual patient record & generally the systems which hold the patient records servers an interface for the data entry & ordering of tests, prescription and other procedures. A medical record provides the precise documentation of the individuals or patients medical history & healthcare service history. Electronic medical record (EMR) is rapidly being implemented in many countries which include both developed and developing nations to enhance the quality of healthcare sector.
However, as with any specific digital technology, the issues of breach of privacy exists in Electronic Medical Record as well. With the utility of these records, it is likely to disclose the perceptible health information of thousands of patients, almost rapidly and instantly. However, owing to data privacy concerns and issues, the patients lost their faith on Electronic Medical Records. Data privacy concerns are the key restraints in the development and growth of the global electronic medical records market considering the global scenario. High initial investment, lack of proper trained staff, inter-operability issues are also acting as restraining factors of the global market. On the basis of Geography, The Hospital EMR systems market is divided into North America, Europe, Asia-Pacific, Latin America and Rest of World. The North America is anticipated to hold the dominant share considering the forecasted period. North America growth can be attributed to the strong healthcare IT infrastructure of countries such as United States and Canada.
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