The global market for electronic medical records surpassed $23.2 billion in 2013, according to a report from Kalorama Information.
The growth was fueled by the promise of better, more efficient care delivery and government incentive programs.
The market is expected to continue to expand in the coming years, driven by providers seeking replacements as well as additional EMR-related services provided by vendors. "We think adoption and upgrading activities will still be stimulating growth in 2014-2018," said Mary Ann Crandall, Kalorama analyst and report author, in a news release. "As new systems are sold, companies will still earn revenues from existing clients in servicing and consulting services."
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