Electronic Health Record (EHR) Market Forecasts to 2028 – Global Analysis By Portal (Integrated, Stand Alone), Business Size (Small, Medium), Order (Family HR, Community HR), End User (Hospitals, Ambulatory) and By Geography
According to Stratistics MRC, the Global Electronic Health Record (EHR) Market is accounted for $26.80 billion in 2020 and is expected to reach $41.76 billion by 2028 growing at a CAGR of 5.7% during the forecast period. Rising demand for centralization and streamlining of healthcare administration, technological advancements in healthcare services and government initiatives to encourage healthcare IT usage are driving the market growth. However, high initial cost and data security concerns are hampering the growth of the market.
An electronic health records (EHR) is a digitalized version of storing patient’s health records, plainly is a computerized version of paper records and is basically designed to store accurate data on patient health status across time. EHR provides integrating patient information from different sources which enable to make a better clinical decision.
Based on the installation, the client server based segment is going to have lucrative growth during the forecast period as it provides a safer alternative for users and offers an in-house data storage to prevent data theft. Moreover, they do not require a stable internet connection unlike the web-based systems, which further drives the segment growth. By geography, North America is going to have high growth during the forecast period due to the policies in the region that support HER adoption and the availability of well-established infrastructure with high digital literacy.
Some of the key players profiled in the Electronic Health Record (EHR) Market include Cerner corp, Epic system corp., Athenahealth, GE Healthcare, Meditab Software, Inc, Aprima Medical Software, Platinum System Specialistis, Inc, Vitera Healthcare Solutions, McKesson Corp., eClinicalWorks, Greenway Health, LLC, Medical Information Technology, Inc., Allscripts Healthcare Solutions, Inc and NextGen Healthcare Inc.
Estimated Market Size in 2020:
USD 26.80 billion
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 41.76 billion
Tables, Graphs& Figures
Type, Installation, Portal, Deployment, Business Size, Application, Business Model, Order Type, End User and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Inpatient Electronic Health Record (EHR)
• Client Server Based
• Software as Services
• Web Based
• Stand Alone
• Cloud Based
Business Sizes Covered:
• Population Health Management
• Practice Management
• Clinical Research Application
• Patient Management
• Administrative Application
• Referral Management
• Reporting in Healthcare System
• Healthcare Financing
Business Models Covered:
• Professional Services
• Technology Resale
• Licensed Software
Order Types Covered:
• Family Health Records
• Community Health Records
• Individual Health Records
End Users Covered:
• Ambulatory Services
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Electronic Health Record (EHR) Market is majorly driven by rising demand for centralization and streamlining of healthcare administration, technological advancements in healthcare services and government initiatives to encourage healthcare IT usage.
The client server based segment is growing at a highest CAGR as it provides a safer alternative for users and offers an in-house data storage to prevent data theft.
Asia Pacific dominated with a significant market share due to the factors such as increasing demand for quality standards & services and large focus on the adoption of electronic record systems to allow data sharing across the national healthcare system.
North America market is growing at a highest CAGR due to the policies in the region that support EHR adoption and the availability of well-established infrastructure with high digital literacy.
Key players in Electronic Health Record (EHR) Market include Cerner corp, Epic system corp., Athenahealth, GE Healthcare, Meditab Software, Inc, Aprima Medical Software, Platinum System Specialistis, Inc, Vitera Healthcare Solutions, McKesson Corp., eClinicalWorks, Greenway Health, LLC, Medical Information Technology, Inc., Allscripts Healthcare Solutions, Inc and NextGen Healthcare Inc.
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