EMR market to surge

AuntMinnie.com staff writers
Jan 24, 2007

The U.S. electronic medical records (EMR) market is expected to reach $4 billion in revenues in 2015, up from $1 billion in 2005, according to a report from market research firm Kalorama Information of Rockville, MD.

With hospitals, physician's offices, and other healthcare entities increasing their IT budgets to include wireless technology applications, and with many focusing on EMR adoption, the stage is set for a market surge, Kalorama said. The physician market for EMR systems is expected to witness maximum growth; the eventual reduction in costs attributable to EMRs is expected to expedite the adoption of new systems in the next several years, according to the firm.

By AuntMinnie.com staff writers
January 25, 2007

Related Reading

MRI market to top $4 billion by 2010, September 5, 2006

Copyright © 2007 AuntMinnie.com

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