market Research / Analysis Hospital EMR Systems Market evaluation with focus | Page 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. Get Exclusive Discount Only For You@ https://www.marketindustryreports.com/discount/11 About Market Industry Reports- Market Industry Reports is a global leader in market measurement & advisory services, Market Industry Reports is at the forefront of innovation to address the worldwide industry trends and opportunities. We identified the caliber of market dynamics & hence we excel in the areas of innovation and optimization, integrity, curiosity, customer and brand experience, and strategic business intelligence through our research. We continue to pioneer state-of-the-art approach in research & analysis that makes complex world simpler to stay ahead of the curve. By nurturing the perception of genius and optimized market intelligence we bring proficient contingency to our clients in the evolving world of technologies, megatrends and industry convergence. We empower and inspire Vanguards to fuel and shape their business to build and grow world-class consumer products. Contact Us- 502, Sai Radhe, Kennedy Road, Behind Hotel Sheraton Grand, Near Pune Station, Pune 411 001 Email: [email protected] Phone: + 91 967353933 Website: https://www.marketindustryreports.com/ Follow Us- LinkedIn | Twitter | Google+ | Face book