Hospital EMR Systems Market is projected to reach USD 20.7 billion by 2025 from USD 14.2 billion in 2020, at a CAGR of 7.8% during the forecast period. Market growth can be attributed to the growing number of hospitals adopting EMR solutions worldwide, the need to curtail escalating healthcare costs, government mandates and support to increase adoption of hospital EMR solutions, and growing patient volume due to the global COVID-19 pandemic. However, the high deployment cost of EMR solutions and data security concerns are major factors limiting market growth to a certain extent during the forecast period.

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Key Player

Cerner Corporation (US), Epic Systems Corporation (US), Allscripts Healthcare Solutions, Inc. (US), MEDITECH (US), CPSI (US), GE Healthcare (US), athenahealth, Inc. (US), MEDHOST (US), eClinicalWorks (US), NextGen Healthcare (US), Intersystems Corporation (US), MTBC (US), Cantata Health (US), Advanced Data Systems Corporation (US), and CureMD (US) are the leading players in the global hospital EMR systems market.

Radiation detection monitoring products segment accounted for the largest share of the global radiation detection, monitoring, and safety market in 2020.

Based on products, the radiation detection, monitoring, and safety market is segmented into radiation detection monitoring products and radiation safety products. In 2020, the radiation detection monitoring products segment accounted for the largest share of the global market. The larger share of this segment can be attributed to the extensive usage of radiation detection monitoring products for various applications.

By Composition, the gas-filled detectors segment accounted for the largest market share in 2020.

Based on composition, the global radiation detection monitoring products market is segmented into gas-filled detectors, scintillators, and solid-state detectors. The gas-filled detectors segment accounted for the largest share of the global market in 2020. Growth in this market segment is attributed to their wide applications in the medical imaging field.

By Application, healthcare accounted for the largest market share in 2020

Based on application, the radiation detection, monitoring, and safety market is segmented into healthcare, homeland security defense, nuclear power plants, industrial applications, and other applications (academic research environmental monitoring). Healthcare accounted for the largest share of the global market, by application, in 2020. This can be attributed to the large patient pool for target diseases and increasing radiation safety awareness.

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North America dominates the radiation detection, monitoring, and safety market

The global radiation detection, monitoring, and safety market has been analyzed for four major regions-North America, Europe, the Asia Pacific, and the Rest of the World (RoW). In 2020, North America accounted for the largest market share, followed by Europe, Asia Pacific, and the RoW. Growth in the North American market is majorly driven by favorable government initiatives, increasing number of nuclear power plants, rising prevalence of cancer, and increasing awareness of radiation safety.

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