Chicago – Like a glacier moving downhill, the move toward electronic health records (EHRs), while seemingly slow, is ultimately inexorable. That’s the upshot of a new study by London-based market analyst Datamonitor, which posits that EHRs will be the cornerstone of healthcare technology, critical to the modernization of today’s healthcare systems.

The report, “Opportunities in the Electronic Health Record Market,” predicts North American and European spending on EHRs in 2007 totaled over $4.4 billion, and expects the overall global EHR market to grow to almost $13 billion by 2012–a compound annual growth rate (CAGR) of 23.8%.

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