Electronic Health Records Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2016 – 2025

Global Electronic Health Records Market is projected to be valued $40 Billion by 2024; with a CAGR of 6.8% from 2017 to 2025. 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. It can include all of the key administrative clinical data relevant to that persons care under a particular provider, including demographics, progress notes, problems, and medications, vital signs, past medical history, immunizations, laboratory data and radiology reports. The EHR automates access to information and has the potential to streamlines the clinician's workflow. EHRs are the upcoming step in the continued progress of healthcare that can intensify the relationship between patients and clinicians. 

Governments and insurance companies boosting the adoption of EHR, need to maximize patient safety, and technological advancements in healthcare IT are the factors surging the growth of the global electronic health records market. Increasing demand for digitalization and centralization in healthcare sector, and adoption of big data also support the growth of the market. However, high initial cost, interoperability concerns, and lack of technical knowledge would hamper the adoption among end users. Furthermore, market expansion, and increasing public and private investments could offer several market opportunities in the coming years.

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 hospital, and ambulatory.

Based on geography, 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 U.S., Canada and Mexico whereas Europe consists of UK, Germany, France, and others. Asia-Pacific is segmented into China, India, Japan, Australia, and others, while RoW is bifurcated into South America, Middle East and Africa.

Major companies operating in the global 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.

The key takeaways from the report

  • The detailed analysis of Global Electronic Health Records Marketwith respect to key segments such as delivery mode, end user and geography has been included in the report
  • The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
  • Comprehensive analysis of market dynamics including Growth factors, restraining factors and opportunities will be provided in the report
  • An exhaustive regional and country wise analysis of Global Electronic Health Records Market has been covered in the report
  • Profile of the major key players operating in the Global Electronic Health Records Market will be provided, with detailed study on their key financials, product & services, new developments and business strategies.

Scope of Electronic Health Records Market

Delivery Mode Segments

  • Client Server Based
  • Web Based/ Cloud Based Server

End User Segments

  • Hospital
  • Ambulatory

Geographical Segments

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Others
  • RoW
    • South America
    • Middle East
    • Africa

 

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