EMR Market Continues Growth, Still Fragmented

The market for electronic medical records (EMRs) is set to continue its rapid growth over the next five years, according to a new report by New York City-based research firm, Kalorama Information.

The market for electronic medical records (EMRs) is set to continue its rapid growth over the next five years, according to a new report by New York City-based research firm, Kalorama Information.

The research indicates that the market for EMRs was $23.2 billion in 2013, and by 2018, it says that the market will blossom to $36.4 billion. Already, the market has been in growth mode, says Kalorama, which notes the affect the Health Information Technology for Economical and Clinical Health (HITECH) Act has had on vendor revenue.

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