CSOC News Caduceus Software Systems Corp. Market Opportunity - Part One; Global Electronic Health Records Market Slated to Be Worth $19.7 Billion by 2013

2012-04-24 08:00 ET - News Release

BIRMINGHAM, England -- (Business Wire)

Caduceus Software Systems Corp. (OTCBB: CSOC) - (The Company) is reaffirming its optimistic views on the opportunity it hopes to pursue in the burgeoning Electronic Health Records EHR market. Today it starts with part one of three press releases commenting on the market opportunities present to the Company. Part one discusses the global market with a focus on the US and North America.

The market size and its continued growth are key driving factors for the future of new companies like Caduceus. Again, the market growth is outlined in the following report: Accenture Overview of International EMR/EHR Markets.

(http://www.accenture.com/SiteCollectionDocuments/PDF/Accenture_EMR_Markets_Whitepaper_vfinal.pdf)

1. Around the world, electronic medical records (EMRs) and electronic health records (EHRs) are being implemented to improve patient care, reduce health care expenses and fundamentally change the way in which medicine is practiced. The benefits realized by EMRs in international markets are largely consistent despite vast variations in health care systems, market structures, competitive landscapes and regulatory requirements.

2. Market forces will drive growth of global EMR markets at rates ranging from 6.6 to 9.7 percent across North America, Europe, Latin America and Asia Pacific. The global market is slated to be worth $19.7 billion in 2013: