The global market for electronic medical records (EMRs) is expected to reach $7.8 billion in the next five years, growing at a compound annual growth rate of 10% between 2010 and 2017, according to a new report by medical intelligence company GBI Research.
Aging populations and struggling national health services will combine to create demand for EMR; the market will be boosted by the large number of government initiatives taking place around the world to translate patient records into electronic form, according to the report.
The U.S. accounts for more than 32% of the global EMR market and is the largest national market, GBI said.
