HealthLeaders Media June 12, 2020
The compounded annual growth rate is expected to be at 7.8% for the forecast period.
The hospital electronic medical records (EMR) systems market is expected to hit $20.7 billion by 2025, according to a MarketsandMarkets report released Friday morning.
Currently, the EMR market is $14.2 billion, according to the report, and the projected compounded annual growth rate is expected to be at 7.8% for the forecast period.
The report attributes the market’s projected growth to “the government mandates and support to increase adoption of hospital EMR solutions, the need to curtail escalating healthcare costs, a growing number of hospitals adopting EMR solutions worldwide.”
MarketsandMarkets also cites the growing patient volume associated with the...
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