Rising demand for cost containment and improved service in the health care field is fueling the growth of the EMR market, according to a new study—but given how fragmented the market is, health care practitioners who want to jump on board would be wise to have a trusted technology advisor guide them through the process.

The U.S. electronic medical records (EMR) market will reach the $6 billion mark by 2015—a significant growth rate of 18.1 percent from 2010 to 2015.

This information comes from a new study from MarketsandMarkets, a global research and consulting firm that studies the major market drivers, restraints, and opportunities of the EMR market by looking at components and end users.

According to the study, a rising demand for cost containment and improved service in the health care field is driving the growth of the EMR market, which should grow from $2,177 million in 2009 to $6,054 million in 2015. That’s an estimated compound annual growth rate (CAGR) of 18.1 percent from 2010 to 2015.

Is it time for you to get on board with an EMR? Although large health care practices prefer on-site, client-server-based EMR systems, small health care practices are jumping on the EMR bandwagon too, with web-based EMR solutions or ASP models.

Still, the study notes that the U.S. EMR market is fragmented, with more than 1,000 players. With this many options available, it helps to have a trusted technology advisor guide you through the EMR selection and implementation process. Contact us if you require assistance.

Related materials: U.S. Electronic Medical Records (EMR) Market, 2010-2015 (Market Share, Winning Strategies and Adoption Trends)