During the HIMSS14 conference, Accenture released its forecast for the global EHR market which is projected to reach $22.3 billion by the end of 2015, with the North American market accounting for $10.1 billion or 47 percent. In particular, the U.S. market is predicted to reach $9.3 billion with a 7.1 percent annual growth rate and is expected to remain the largest EHR market globally.

Consolidation and EHR meaningful use in the U.S. are the big growth drivers, according to the consulting firm. Except for the U.S., the EHR market in Brazil valued at $400 million represents the next greatest relative growth opportunity as that country's Unified Health System initiative is expected to drive 9.7 percent annual growth over the next few years.

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