Market Snapshot:
The Canadian gastroenterology EMR software market is expected to grow at a healthy pace during the forecast period, according to the AMA study. The increasing progress in the adoption of electronic medical records and the rising number of medical practitioners across Canada are expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the COVID-19 pandemic is over.
Highlights from Gastroenterology EMR Software Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.4% |
The key Players profiled in the report are AdvancedMD (United States), Flatworld Solutions (India), gMed Canada, Inc. (Canada), DrChrono (United States), athenaOne (United States), Compulink Healthcare Solutions (United States), AllegianceMD Software, Inc. (United States) and mdconnection (United States). Additionally, other players that are part of this comprehensive study are Aprima Medical Software, Inc. (United States), ChARM HER (United States), CareCloud Corporation (United States), eClinicalWorks (United States) and NueMD (United States).
Geographic Breakdown and Segment Analysis
The Global Gastroenterology EMR Software market presents a comprehensive analysis of the Gastroenterology EMR Software market by end-user/application (Hospitals & Clinics, Physician Practices and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Gastroenterology EMR Software industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Gastroenterology EMR Software market
Analyst at AMA have segmented the market study of Global Gastroenterology EMR Software market by Type, Application and Region.
Influencing Trend:
Rising Adoption of Cloud-Based Solutions
Market Growth Drivers:
Growth in Electronic Medical Records Adoption Across Canada and The Rising Number of Practitioners Across the States Such as New Brunswick and Quebec
Challenges:
High Cost of Solutions
Restraints:
Availability of Open Source Platforms
Opportunities:
Increasing Automation Across Medical & Healthcare Industry Across Canada Propelled by Increasing Number of Practitioners
Market Developments Activities:
In 2020, Epic Systems partnered with GI Alliance, a gastroenterology practice management company, to offer a more integrated EHR solution for gastroenterologists.
In 2023, Kareo launched a new Gastroenterology EHR solution specifically designed for the needs of gastroenterologists.
Regulatory Insights:
Stringent Government Regulations Regarding Shutting Down of Operations Across Different Industries Worldwide Due to the COVID-19 Pandemic is Impacting the Demand for Gastroenterology EMR Software
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time.
Analyst Comment
"Since the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries across the world along with the World Health Organization declaring it a public health emergency. The impact of the COVID-19 has already hit many industries and will affect the United Kingdom transcription solutions & services market in FY 2020. The outbreak of COVID-19 has brought effects on many aspects, like scheduled public transportation cancellations; downfall in the real estate sector; travel bans and quarantines; closed operations across hotels & restaurants; banning of public gatherings & events; large slow-down in the supply chain of different markets; stock market unpredictability; declining business assurance, and uncertainty in the future market dynamics."
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Commercial Research & Development Institutions, Research Organizations, and Consulting Firms, Government Bodies, End-Users and Others