DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/8q82fh/electronic_health) has announced the addition of the "Electronic Health Records Systems Market in North America 2011-2015" report to their offering.
TechNavio's analysts forecast the EHR Systems market in North America to grow at a CAGR of 7.85 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increase in government support. The EHR Systems market in North America has also been witnessing privacy and security concerns. However, the increasing adoption of SaaS-based EHR could pose a challenge to the growth of this market.
Key vendors dominating this market space include Cerner Corp., Epic Systems Corp., McKesson Corp., and Siemens Healthcare Ltd.
Other vendors mentioned in the report: Allscripts Healthcare Solutions Inc., Meditech Information Technology Inc., GE Healthcare Ltd., eClinicalWorks LLC, NextGen Healthcare Information Systems, Healthland Inc., Computer Programs and Systems Inc. (CPSI), InterSystems Corp., and Sage Software Healthcare Inc.
Commenting on the report, an analyst from TechNavio's Enterprise Computing team said: ''The emergence of software-as-a-service (SaaS)-based electronic health records (EHR) solutions has enabled healthcare organizations to increase their efficiency and reduce the cost of deploying IT infrastructure. However, many such organizations are still analyzing the feasibility and relevance of SaaS-based EHR solutions in their IT operations. Although healthcare providers in North America have an increased understanding of the benefits of SaaS-based EHR solutions, a number of concerns and risks, particularly around data sharing and security, are affecting the steady adoption of such solutions. However, overall, SaaS is expected to have a significant positive impact on the EHR Systems market in North America.''
According to the report, the deployment of new certified EHR systems or upgradation of the existing systems to avoid financial penalties and to qualify for subsidies scheduled to be offered in 2015 is one of the major factors driving the growth of the EHR Systems market in North America.
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Source: Research and Markets