Booming Hospital EMR Systems Market Current Analysis and Estimated F Hospital EMR Systems Market by Component-converted | 页面 2
Data breaches and Security threat related to EMR Market
Data is one of the most valuable resource and is prone to threat if a system fails to protect it. Major
concern related to the EMR market is the data breaches and handling of sensitive patient data.
Companies in the healthcare IT segment are pushing to provide a better security layer to protect its
patient’s medical data. In 2018, more than 140 data breaches were recorded and data records of 3
million patients were affected. With the growing security concerns and data breaches related to
patients medical history the growth of the EMR market is likely to be hampered to certain extent.
Consolidation of Hospitals
Hospitals are under constant pressure to reduce its cost and provide better healthcare and facilities
to its patients. To reduce its operational cost hospital have started to merge with large hospitals, this
has led to a drastic reduction in operational cost, increase in providing better healthcare and
sustainability of the hospital. The trend of merger and acquisition (M&A) in hospitals are increasing
over the years. According to a report published by Kaufman Hall, in 2017, healthcare organization
announced 115 merger and acquisition, which one of the highest in recent times. This rise in
consolidation of hospitals will lead to rise in adoption of EMR systems and services and boost the
market of EMR in hospitals.
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