What is Ophthalmology EMR Software Market Scope?
The increasing impact on the ophthalmic practices, the increasing digitalization in healthcare, the growing awareness of ophthalmic EMR software among various healthcare providers are some of the factors that are thereby expected to drive the growth of ophthalmic EMR software. The global Ophthalmology EMR Software Market is expected to grow over the forecast period. The global increase in the number of visual impairments, the number of ophthalmic medical records, and the need to manage these records are primarily driving the market growth. In addition, increasing digitalization in healthcare and government organizations taking initiatives to promote the electronic health record (EMR) for ophthalmology is driving the market growth. In addition, the significant growth in information technology (IT) in healthcare and its increasing impact on ophthalmology is expected to drive the market. However, the high cost of the software products as well as the shortage of skilled healthcare IT professionals, particularly ophthalmologists and optometrists in the emerging markets, are thereby expected to slow the market growth.
The Ophthalmology EMR Software market study is being classified by Type (Cloud-Based and On-Premise), by Application (Large Enterprises and Small and Medium-sized Enterprises (SMEs)) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Ophthalmology EMR Software market throughout the predicted period.
Kareo (United States), AdvancedMD (United States), Athenahealth (United States), DrChrono (United States), Modernizing Medicine (United States), Revolution EHR (United States), Advanced Data Systems (United States), Topcon Healthcare Solutions (United States), Medsphere Systems Corporation (United States), CompuGroup Med (Germany), Waystar Health (United States), WRS Health (United States), Nextech Systems, LLC (United States), Eye Care Leaders, LLC (United States) and Allscripts (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are MedNetworx (United States), EyeMD EMR Healthcare Systems, Inc. (United States), CureMD Healthcare (United States) and Rev360, LLC (United States).
Analyst at AMA have segmented the market study of Global Ophthalmology EMR Software market by Type, Application and Region.
On the basis of geography, the market of Ophthalmology EMR Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In April 2018, Topcon Healthcare Solutions had acquired KIDE Systems. Through this acquisition, Topcon had thereby tallied a cloud-based ophthalmic solution expanding its product portfolio.
In 2017 Eli health EMR Company had introduced Netram Ophthalmology EMR and it is thereby being extensively used by clients in India. This is an HL7, HIPAA, and ICD-10 code-compliant and also NABH-compliant software for ophthalmology in India.
Influencing Market Trend
- Rising Focus on Providing Quality of Patient Care
- Growth in Healthcare Information Technology (IT) and Its Rising Impact on Ophthalmology Practices
- Increasing the Incidence of Visual Impairment Globally
- Increasing Ophthalmology Disorders in the Geriatric Population
- Rising Disposable Income
- Number of Ophthalmology Medical Records and the Need to Manage Those Records
- Growing Digitization in Healthcare
- Government Organizations Taking Initiatives to Encourage the Adoption of Ophthalmology Electronic Medical Record (EMR)
- The High Cost of These Software Products
- Lack Of Skilled Healthcare IT Professionals
Key Target AudienceOphthalmology EMR Software Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Ophthalmology EMR Software market expands?
The Global Ophthalmology EMR Software market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Ophthalmology EMR Software market?
The prominent players of Global Ophthalmology EMR Software market are Kareo (United States), AdvancedMD (United States), Athenahealth (United States), DrChrono (United States), Modernizing Medicine (United States), Revolution EHR (United States), Advanced Data Systems (United States), Topcon Healthcare Solutions (United States), Medsphere Systems Corporation (United States), CompuGroup Med (Germany), Waystar Health (United States), WRS Health (United States), Nextech Systems, LLC (United States), Eye Care Leaders, LLC (United States) and Allscripts (United States), to name a few.
3. What are the top priorities to focus for Ophthalmology EMR Software marketís growth?
In this highly competitive & fast evolving Ophthalmology EMR Software industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.