Prepared for Faraaz A. | Delivered March 24, 2020
Electronic Healthcare Records
Review your project details
To complete the attached
. For each company listed in column A, provide its annual revenue and calculate its
share using the total electronic healthcare records (EHR) market size found in the previous hour of research. Include these data points in columns D and E respectively. In addition, identify each company's target consumers (i.e. hospitals, clinics, etc.) and include this information in column F. Cite all sources in column G.
During this additional hour of research, we were able to find the annual revenue of each company listed in column A of the attached
and calculate its share of the electronic healthcare records (EHR) market. All information is included in columns D and E.
Summary of Findings
We spent this hour finding the annual revenue of each company listed in column A of the attached
, using official annual reports wherever possible.
In addition, we calculated the market share of each company using the total EHR market size found during our last hour of research (
). Based on this information, the
top five players
in the EHR market according to market share are:
Please note that GE Healthcare is not a pure competitor since IT products like EHR systems only make up one segment of its total sales. One industry expert estimates that roughly
of GE Healthcare's
in annual revenue comes from IT sales. As such, we included $1.52 billion as its annual revenue relevant to the EHR market in the attached
We recommend continued research to identify each company's target consumers (i.e. hospitals, clinics, etc.).
It might also be useful to conduct a SWOT (strength, weaknesses, opportunities, threat) analysis of the top players in the EHR market.