While discussions of the EMR market bring several big name vendors to the surface, a new report finds no single company is a dominant competitor in the market.
The EMR market is worth nearly $25 billion, yet no vendor exclusively holds even 20 percent of that market, according to healthcare market research publisher Kalorama Information.
The vendor with the largest market share is Cerner, holding slightly less than 14 percent of the market share in 2014, according to the report. Other big name competitors, including Allscripts, Epic, GE Healthcare, McKesson and Siemens, make up a combined 49 percent of the market, which means more than half — 51 percent — of the market is comprised of medium and small-sized vendors.
Such vendors include NextGen, eClinicalWorks, athenahealth, AmazingCharts, MEDITECH, Greenway Medical and Chart Logic, among others.
Kalorama Information does not project this dynamic to change over the next few years.
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