While some EHR vendors dominate the health IT-related headlines, no one vendor holds 20 percent of the $25 billion market, according to a report from market research firm Kalorama Information.
Cerner has the largest market share at just under 14 percent in 2014. Bigger vendors, including Allscripts, Epic, GE Healthcare, McKesson and Siemens make up a combined 49 percent of the market leaving more than half of the market comprised of small and medium vendors. The biggest names in this category are NextGen, eClinicalWorks, athenahealth, AmazingCharts, MEDITECH, Greenway Medical and Chart Logic.
Kalorama cites the regional nature of the healthcare business, a large hospital and physician potential base, competition from web-based software and continued demand for better usability, as the reasons for the diversity in the market.
Access the complete report.
Editor
Editor Beth earned a bachelor’s degree in journalism and master’s in health communication. She has worked in hospital, academic and publishing settings over the past 20 years. Beth joined TriMed in 2005, as editor of CMIO and Clinical Innovation + Technology. When not covering all things related to health IT, she spends time with her husband and three children.