Nephrology EMR Software Market Share, Value and Profit Analysis of Major Players

10 min read

Updated on 12/04/2024

The top 3 companies in the nephrology EMR software market in terms of revenue share are Oracle Cerner, Epic, and athenahealth.

Oracle Cerner’s share of the global nephrology electronic medical record (EMR) software market exhibits some volatility between 2019 and 2024. In 2019, Oracle Cerner’s market share was 19.64%, which increased slightly to 19.77% in 2020, but declined slightly to 19.51% in 2021. This downward trend continues till 2023 with market share falling to 19.20% It is expected that by the end of 2024, Oracle Cerner’s market share will grow slightly to 19.30%. Overall, Oracle Cerner has maintained a relatively stable share of the global nephrology EMR software market, although it has declined in some years, it still remains at around 19% overall, showing its competitiveness and influence in this market.

Epic’s share of the global nephrology electronic medical record (EMR) software market fluctuated between 2019 and 2024. In 2019, Epic’s market share was 16.18%, which declined slightly to 15.82% in 2020. Subsequently, in 2021, the market share picked up, reaching 15.98%. This growth trend continued into 2022, when market share increased to 16.06%. However, in 2023, Epic’s market share declined slightly to 16.00% and is expected to grow slightly to 16.42% by the end of 2024. Overall, Epic’s share of the global nephrology EMR software market fluctuates around 16%, and despite declining in some years, it maintains a relatively stable market share overall.

athenahealth’s market share of the global nephrology electronic medical record (EMR) software market has maintained a relatively stable trend between 2019 and 2024. athenahealth’s market share was 5.64% in 2019, and declined slightly to 5.61% in 2020. Subsequently, in 2021, the market share picked up, reaching 5.64%. This growth trend continues through 2022, when market share increases to 5.72%. However, in 2023, athenahealth’s market share declined slightly to 5.62% and is expected to grow slightly to 5.74% by the end of 2024. Overall, athenahealth’s share of the global nephrology EMR software market fluctuates between 5.6% and 5.7%, and despite declining in some years, it maintains a relatively stable market share overall. This indicates that athenahealth has strong market stability in this market and is able to adapt to market changes and maintain its market position.

 

2019

2020

2021

2022

2023

2024

Oracle Cerner

19.64%

19.77%

19.51%

19.23%

19.20%

19.30%

Epic

16.18%

15.82%

15.98%

16.06%

16.00%

16.42%

athenahealth

5.64%

5.61%

5.64%

5.72%

5.62%

5.74%

Oracle Cerner is a globally recognized provider of electronic health record (EHR) solutions with more than 27,000 employees serving more than 250 healthcare facilities worldwide. The company’s product line encompasses the full spectrum of needs from clinical services to financial management, with a special focus on nephrology, where Oracle Cerner offers customized service processes to optimize the patient access experience across the care continuum. Its products include the Cerner Millennium® Electronic Health Record (EHR) and the Cerner HealtheIntent® platform, which integrates the entire health system to enable next-generation population health management. Oracle Cerner’s nephrology product line focuses on providing patients with kidney disease from diagnosis to treatment options to survivorship support. Comprehensive Care. By utilizing Oracle Cerner’s solutions, healthcare teams are able to access the necessary tools for protocol and complex medication management to provide better patient care. In addition, Oracle Cerner’s products support multiple aspects of medical device connectivity, care documentation, patient engagement and physician solutions to improve the efficiency and quality of healthcare delivery. Oracle Cerner’s solid market performance in terms of value and gross margins demonstrates the company’s financial strength and market competitiveness. Through continuous technological innovation and a deep understanding of customer needs, Oracle Cerner has gained a significant foothold in the global nephrology EMR software market and is expected to continue to expand its reach in the future.

Item

Profile

Company Name

Oracle Cerner

Website


www.cerner.com

Established Time

1979

Sales Region

Worldwide

Business Overview

Cerner is a global company with local knowledge and expertise. Cerner has 27,000+ employees worldwide, with over 300 expert associates based in the Middle East and Africa. Many of Cerner’s associates are from healthcare backgrounds, including doctors, nurses, allied health professionals, engineers, pharmacists, technicians and more.

Cerner connects people and systems at more than 250 facilities in the region, supporting the clinical, financial and operational needs of organizations of every size. Cerner enables safe, digitalized patient care across healthcare facilities with Cerner Millennium® electronic health record (EHR), while the Cerner HealtheIntent® platform is integrating whole health systems to enable next generation population health management.

On June 8, 2022, Oracle completed the acquisition of Cerner.

Contact Information

Tel: (816) 221-1024

Add: 2800 Rock Creek Pkwy, Kansas City, MO 64117, USA

Clinical service lines

These service lines offer a tailored approach to optimize patient visits across the continuum of care. They are designed to meet the unique needs of each specialty and all departments and roles that surround it.

Nephrology

Offerings

Behavioral health

Our specialist behavioral health EHR include multiple solutions and content packages designed to support health organizations that specialize in the delivery of community mental health, inpatient mental health, outpatient mental health, substance used disorder and developmental disabilities care.

Clinical service lines

These service lines offer a tailored approach to optimize patient visits across the continuum of care. to drive revenue, improve quality and reduce costs.

Continuum of care

Cerner is focused on automating the process of managing the health and care of populations across the care continuum.

Critical care

Our suite of critical care solutions is designed to enhance workflows, create a central location for documentation and allow clinicians to easily view results. From ICU to NICU/PICU to specialty venues, Cerner connects even the most complex care settings.

Emergency medicine

From door to discharge, Cerner empowers emergency medicine providers and clinicians with a comprehensive patient record across the continuum of care.

Imaging

Cerner Imaging brings together image-enabled workflows and near-real-time data to provide clinicians with a holistic patient view directly within the EHR for cardiovascular, radiology, clinical and enterprise imaging. This single source of truth ensures both advanced capabilities, such as decision support, within daily imaging workflows while also helping meet current and future regulatory requirements.

Infection control

Our infection control solution collects and analyzes data from the EHR to help practitioners easily view data relevant to monitoring and preventing infection.

Laboratory

Cerner was founded in 1979 as a company focused on laboratory professionals and the solutions that help them succeed. Cerner offers a complete suite of solutions targeted toward the four key segments of the complex laboratory – clinical, anatomic pathology, molecular diagnostics and laboratory outreach – that can also fully-function via seamless interface with your non-Cerner EHR.

Medical device connectivity

CareAware® is Cerner’s comprehensive enterprise-wide offering for device connectivity. CareAware provides a suite of solutions that enable any area of a hospital to create an environment where all devices are integrated and contextually aware to ensure the right data is presented in the right format at the right time.

Nursing

We support nurses and the entire care team by connecting workflows across the care continuum. We’re uniquely positioned to develop the solutions and services that enhance efficiency and simplify communications among care team members.

Oncology

Oncology is comprehensive care from the cancer diagnosis to treatment options to survivorship support. Utilizing the Cerner Oncology solution, the entire care team has access to the necessary tools for protocol and complex medication management for better patient care.

Patients

To aid organizations in empowering people, families and care teams to be active participants in their health and care, Cerner offers a robust member engagement solution that enables you and your care team to be aligned, informed and educated on an ongoing basis.

Perioperative

Cerner perioperative solutions are fully integrated with the EHR and create a perioperative safety zone that facilitate informed decision making by clinicians.

Pharmacy

Cerner pharmacy solutions are designed to help your health system’s patient population get and stay healthy – with extensive clinical checks, integrated data flow across processes, patient follow-up and therapy monitoring after discharge – all within a unified, seamlessly integrated medication process.

Physician

Cerner physician solutions include more than 40 specialties – created by physicians for physicians – to drive efficiency and productivity. We know that not every physician works the same way – Cerner solutions allow for screen customization, allowing you to provide the best care with the fewest distractions.

Rehabilitation

Cerner’s integrated rehabilitation EHR solution supports the clinical, regulatory and financial needs of your organization. Our rehab solutions support documentation needs for physical therapy, occupational therapy and speech therapy in inpatient rehabilitation facilities and outpatient therapy services.

Women’s health and pediatrics

Cerner women’s health solutions collect pertinent information and integrate directly into the EHR. Our goal at Cerner is to bring together all of the information across multiple venues, clinicians and patients, to allow you to focus on what matters most – caring for mothers and babies.

Oracle Cerner’s performance in the global nephrology electronic medical record (EMR) software market demonstrates a consistent upward trajectory. The company’s market value has increased year-on-year from 2019 to 2024. Oracle Cerner’s market value was valued at USD 189.58 Million in 2019, growing to USD 196.93 Million in 2020. Subsequently, the company’s value grew to USD 217.05 Million in 2021 and further increased to USD 233.56 Million in 2022. By 2023, the market value of Oracle Cerner is projected to reach USD 251.28 Million, with an anticipated growth to USD 273.32 Million by 2024. These figures demonstrate that Oracle Cerner is experiencing continued growth in the nephrology EMR software market, with its products and services gaining significant recognition in the industry. The company’s growth can be attributed to its continued investment in technology innovation, customer service, and market expansion. Oracle Cerner’s solid growth also reflects its leadership position in the global healthcare information technology space and the effectiveness of the customized solutions it offers in the nephrology specialty space. The company anticipates continued growth in the future as the healthcare industry’s demand for efficient electronic medical record systems increases.

Oracle Cerner’s gross margins show some volatility in the global nephrology electronic medical record (EMR) software market. In 2019, the company’s gross margins are 75.79%, indicating high profitability. Going into 2020, the gross margin declines slightly to 75.69%, but remains at a high level. In 2021, the gross margin falls to 75.20%, suggesting that costs may have risen or revenue growth may have slowed. By 2022, the gross margin declined further to 74.88%, while in 2023 it edged down to 73.90%, showing a downward trend for several consecutive years. The gross margin is expected to recover slightly to 74.17% by the end of 2024. These fluctuations may reflect factors such as intense competition in the market, changes in costs, or adjustments in the company’s strategy. Despite the decline in gross margins, Oracle Cerner has maintained a gross margin level of over 70%, a relatively strong performance in the software industry, indicating that the company has been able to continue to invest in research and development and market expansion while maintaining high profit margins.

Oracle Cerner

2019

2020

2021

2022

2023

2024

Value (M USD)

189.58

196.93

217.05

233.56

251.28

273.32

Gross (M USD)

143.68

149.06

163.23

174.90

185.69

202.72

Gross Margin

75.79%

75.69%

75.20%

74.88%

73.90%

74.17%

Epic is a software company founded in 1979 that specializes in developing software that helps people get healthy, stay healthy, and make future generations healthier. Epic is a leader in healthcare IT with its end-to-end software suite, which has been recognized by KLAS as the #1 Overall Software Suite for 13 consecutive years. Epic’s products primarily serve the North America, Europe, Asia Pacific and the Middle East, with more than 300 million current electronic health records.

Item

Profile

Company Name

Epic

Website


www.epic.com

Established Time

1979

Sales Region

Mainly in North America, Europe, Asia Pacific and Middle East

Business Overview

Founded in a basement in 1979 with three half-time employees, Epic develops software to help people get well, help people stay well, and help future generations be healthier. More than 305 million patients have a current electronic record in Epic.

Epic is a software factory (no acquisitions); 38% of operating expenses are invested in R&D; Employee-owned and developer‑led; #1 Overall Software Suite in KLAS for 13 years running.

Contact Information

Tel: +1 608-271-9000

Add: 1979 Milky Way, Verona, Wisconsin 53593, USA

Nephrology (Beans)

Clinical documentation tools, reports, and department dashboards help you care for your entire chronic dialysis population and track their progress via quality metrics.

CKD EHR by Epic

CKD EHR has combined the Epic platform with CKD-specific workflows designed by practicing nephrologists.

Interoperability

CareEverywhere makes it easier than ever to exchange data with other care teams and providers using Epic and other EHRs.

Patient Engagement

MyChart, Epic’s powerful patient portal, provides visibility to clinical data and appointment schedules.

Mobile Applications

Haiku, Epic’s mobile application, puts the power of Epic in your pocket.

Epic’s value in the global nephrology electronic medical record (EMR) software market is showing a year-on-year growth from 2019 to 2024. In 2019, Epic’s market is valued at USD 156.14 Million, which rises marginally to USD157.53 Million by 2020. In the subsequent years, the market value of Epic begins to rise steadily, increasing to USD 177.86 Million in 2021 and further to USD 195.00 Million in 2022. By 2023, the market value of Epic reached USD 209.36 Million and is expected to grow to USD 232.60 Million by the end of 2024.

Epic’s gross margins show a slight downward trend in the global nephrology electronic medical record (EMR) software market. In 2019, Epic’s gross margins were 73.56%, showing high profitability. However, going into 2020, the gross margin declined slightly to 72.91%, which could be attributed to rising costs or slower revenue growth. In 2021, the gross margin declined further to 72.25% and continued to decline to 71.44% in 2022. By 2023, Epic’s gross margin was 70.89% and is expected to decline slightly to 70.46% by the end of 2024.

Epic

2019

2020

2021

2022

2023

2024F

Value (M USD)

156.14

157.53

177.86

195.00

209.36

232.60

Gross (M USD)

114.86

114.85

128.50

139.30

148.41

163.89

Gross Margin

73.56%

72.91%

72.25%

71.44%

70.89%

70.46%

Updated on 12/04/2024
Reports
en_USEnglish