Electronic Health Records Market Report, published by Accurize Market Research, forecast that the global market is expected to reach $40 Billion by 2024, growing at a CAGR of 6.8 % from 2019 to 2026. Asia-Pacific accounts for the major share in the global Electronic Health Records Market.
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Market Introduction and Market Dynamics
An Electronic Health Record (EHR) is an electronic version of a patient’s medical history generated by one or more encounters in any care delivery setting. EHRs are the upcoming step in the continued progress of healthcare that can intensify the relationship between patients and clinicians. The need to maximize patient safety, technological advancements in the healthcare IT sector, and government organizations boosting the adoption of HER are the major factors boosting the growth of the market. However, high initial cost and lack of technical knowledge would hamper the market. Furthermore, market expansion and increasing public and private investments could offer several market opportunities in the coming years.
Market Segmentation & Crisp Analysis
The electronic health records market is segmented as delivery mode, end-user, and geography. Delivery mode is categorized into client server-based and web-based/ cloud-based server. Furthermore, end-user is bifurcated as a hospital, and ambulatory. Based on geography, the global electronic health records market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in the U.S., Canada, and Mexico whereas Europe consists of the UK, Germany, France, and others. Asia-Pacific is segmented into China, India, Japan, Australia, and others, while RoW is bifurcated into South America, the Middle East, and Africa.
Manufacturers’ Competitive Analysis
The top players operating in the market are frequently investing on research & development and are planning to increase their presence in the untapped emerging economies. Major companies operating in the Electronic Health Records Market are Medical Information Technology, Inc., Athenahealth, Inc., Allscripts Healthcare Solutions, Inc., NextGen Healthcare, AdvancedMD, Inc., Greenway Health, GE Healthcare, McKesson Corporation, LLC, Epic Systems Corporation, and Cerner Corporation, among others.
Scope of the Report
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segment as well as cross-sectional analysis of the segments including the geographies and its countries. Key companies operating in this market and their company profile along with market share analysis and competitive scenario is also part of the report. Furthermore, the client information from different industries from the point of view of manufactures has been provided in this report. The data of revenue share, shipment, gross profit, net income have also been included to give a better understanding of the competitors in the Electronic Health Records Market.
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