EMR Market $8.3 Billion by 2016

I saw this tweet a little while ago that caught my eye.

According to the linked article, the Millenium Research Group is predicting strong revenue growth for the next half-decade. It also says that the medicare reimbursement penalties will continue to drive EHR demand.

Probably even more amazing than the market number is they say that 750 companies offering some kind of EMR solution entered the space in the span of two years.

None of this is really news for us participating in the space. Although, I imagine the $8.3 billion EMR market number will make its way into a number of investor presentations.

About the author

John Lynn

John Lynn

John Lynn is the Founder of the HealthcareScene.com, a network of leading Healthcare IT resources. The flagship blog, Healthcare IT Today, contains over 13,000 articles with over half of the articles written by John. These EMR and Healthcare IT related articles have been viewed over 20 million times.

John manages Healthcare IT Central, the leading career Health IT job board. He also organizes the first of its kind conference and community focused on healthcare marketing, Healthcare and IT Marketing Conference, and a healthcare IT conference, EXPO.health, focused on practical healthcare IT innovation. John is an advisor to multiple healthcare IT companies. John is highly involved in social media, and in addition to his blogs can be found on Twitter: @techguy.