Electronic Health Records Market Trends – Increased Government Funding for Healthcare Infrastructure Development

Some other major factors contributing to the global market revenue growth are technological advances in EHRs, growing demand for cloud-based EMR solutions, increasing rate of hospital admissions, and rising prevalence of chronic and acute diseases worldwide.

Emergen Research has published its latest report titled “Electronic Health Records Market, By Product Type (Web/Cloud-based EHR software, On-premise EHR software), By Application (E-prescription, Practice management, Referral management, Patient management, Population health management, others), By End-use (Hospitals, Specialty clinics, Ambulatory care centers, Medical laboratories, Retail pharmacies, others), and By Region Forecast to 2028”

Market Dynamics:

Key factors driving the global electronic health records market revenue growth are rapid digitalization in the healthcare sector, increasing adoption of advanced healthcare IT solutions, growing need to streamline healthcare operations and improve patient experiences, and rapid adoption of electronic health record (EHR) systems in healthcare facilities including hospitals, clinics, and ambulatory care centers. Some other major factors contributing to the global market revenue growth are technological advances in EHRs, growing demand for cloud-based EMR solutions, increasing rate of hospital admissions, and rising prevalence of chronic and acute diseases worldwide. Electronic health records are a systematic collection of patient health data & information presented in a digital format.

EHR software and solutions make it easier for healthcare professionals to access, retrieve, or transfer medical data, and these solutions are extensively being used in healthcare facilities to enhance patient care, reduce the chances of medical errors, improve the accessibility of medical records, and, therefore, save time and resources. EHRs comprise patient information such as medical history, immunization status, allergies, medications, radiology images, vital signs, and personal statistics.

Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.emergenresearch.com/request-sample-form/254

Rapid development of healthcare infrastructure, rising adoption of advanced population health management programs & software, increasing patient pool during the COVID-19 pandemic and subsequent rise in demand for EHRs, and growing need for centralization of healthcare systems are the factors expected to further boost the global electronic health records market revenue growth.

COVID-19 Impact Analysis:

  • Social distancing and restrictions severely disrupted businesses and operations
  • Lockdowns caused disruptions in transportation and logistics
  • Impacted manufacturing activities and mining operations globally
  • Took a toll on economy of various countries
  • Caused sudden and drastic downturn in economic activity
  • Disrupted agriculture, fisheries, dairy, and other sectors
  • Caused loss of employment and financial crisis
  • Supply impacts were further compounded owing to reduced disposable income
  • Emergence of variants continue to cause concerns and impact normal routines

Web/cloud based EHR Segment Accounted for Largest Revenue Share in 2020:

Based on product type, the global electronic health records market is segmented into web/Cloud-based EHR software and on-premise EHR software. The web/cloud based EHR segment dominated other segments in terms of largest revenue share in the global market in 2020. Rapid adoption of web/cloud-based EHR software due to several advantages is one of the key factors driving this segment’s revenue growth. Use of web/cloud-based EHR software helps healthcare practitioners avoid additional hardware installation and maintenance costs and prevent cash flow interruptions. Moreover, these systems are highly cost-effective and suitable for small-sized healthcare organizations.

Practice Management Segment to Register Fastest Revenue CAGR:

Based on application, the global electronic health records market is segmented into e-prescription, practice management, referral management, patient management, population health management, and others. The practice management segment is projected to register the fastest revenue CAGR in the global market over the forecast period. Increasing deployment of EHRs in practice management to streamline the workflow of healthcare facilities and enhance patient care is a key factor driving revenue growth of this segment.

North America Accounted for Largest Revenue Share in 2020:

Among regional markets, the North America electronic health records market accounted for the largest revenue share in the global market in 2020. Major factors supporting the North America market revenue growth are rapid adoption of EHRs in healthcare settings including hospitals, clinics, and diagnostic laboratories, emergence of next-generation healthcare IT solutions, and presence of state-of-the-art healthcare infrastructure and leading market players in the region, including Cerner Corporation, McKesson Corporation GE Healthcare, and Allscripts Healthcare, LLC.

Buy Your Copy Now (Customized Report Delivered as per Your Specific Requirement)@ https://www.emergenresearch.com/select-license/254

Major Companies in the Global Electronic Health Records Market Include:

  • Cerner Corporation
  • GE Healthcare
  • Allscripts Healthcare, LLC
  • McKesson Corporation
  • Epic Systems Corporation
  • NextGen Healthcare, Inc.
  • eClinicalWorks
  • Medical Information Technology, Inc.
  • AdvancedMD, Inc.
  • DXC Technology Company
  • CureMD Healthcare
  • Greenway Health, LLC
  • Athenahealth, Inc.
  • CPSI
  • Epic Systems

For the purpose of this report, Emergen Research has segmented the global electronic health records market on the basis of product type, application, end-use, and region:

Product Type Outlook (Revenue, USD Billion; 2018-2028)

  • Web/Cloud-based EHR software
  • On-premise EHR software

Application Outlook (Revenue, USD Billion; 2018-2028)

  • E-prescription
  • Practice management
  • Referral management
  • Patient management
  • Population health management
  • Others

End-use Outlook (Revenue, USD Billion; 2018-2028)

  • Hospitals
  • Specialty clinics
  • Ambulatory care centers
  • Medical laboratories
  • Retail pharmacies
  • Others

Click on the link to read key highlights of the report and look at projected trends for years to come: https://www.emergenresearch.com/industry-report/electronic-health-records-market

Region Outlook (Revenue, USD Billion; 2018-2028)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • South Africa
    • Turkey
    • Rest of Middle East & Africa

Reasons to buy the report:

  1. This study segments the Electronic Health Records market and derives the precise valuation of the overall, as well as segment-based, market across different industry verticals, geographies, and products.
  2. The report will help participants understand the trajectory of the progress of the market and provide information on key drivers, restraints, challenges, threats, and opportunities for the growth of the Electronic Health Records sectors.
  3. This Electronic Health Records report would allow readers to be well-versed with the existing competition and gain more insights to improve their standing in the worldwide business. The competitive landscape considers the dominant competitors, along with product launches and technological advancements, strategic expansions, mergers and acquisitions, and procurement strategies implemented by key players in the Electronic Health Records market.

Key features of the report:

  • To study the key aspects impacting the Electronic Health Records market size.
  • To identify growth prospects in the Electronic Health Records market.
  • To analyze the Electronic Health Records market segments and deduce the dominant trends observed in the industry.
  • To examine the Electronic Health Records market by investigating the available products, market share, and value proposition of the products.
  • To analyze the industry by assessing the scope and application of the Electronic Health Records market and highlight the growth of each application.

Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2030

Chapter 3. Key Insights

Chapter 4. Electronic Health Records Market Segmentation & Impact Analysis

4.1. Electronic Health Records Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers’ analysis

4.2.3. Market restraints analysis

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Continued…

Explore Complete Table of Content@ https://www.emergenresearch.com/industry-report/electronic-health-records-market

Insights into our Other Published Healthcare Reports:

Industrial Automation Software Market, By Type (Supervisory Control and Data Acquisition, Distributed Control System, Manufacturing Execution Systems, and Others), By Deployment, By End Use, and By Region Forecast to 2028.

Digital Water Market, By Solution Type (Hardware, Software, and Services), By Technology (Metering & Customer Management, Network Management, and Others), By Utility Tier (Tier 1, Tier 2, and Tier 3), and By Region Forecast to 2028.

Metaverse in Gaming Market By Component (Hardware, Software), By Device (Mobile, VR Headsets, PCs, Gaming Consoles), By Technology (NFT, Blockchain, Virtual Reality, Augmented Reality, Mixed Reality, Extended Reality), and By Region Forecast to 2028

Metaverse in Automotive Market By Component (Hardware, Software), By Technology (NFT, Blockchain, Virtual Reality, Augmented Reality, Mixed Reality, Extended Reality), By Application (Advertising, Online Car Purchasing, Designing, In-car Entertainment, Others), and By Region Forecast to 2028.

Metaverse in Healthcare Market By Component (Software, Hardware), By Technology (AR, VR, AI, MR), By Device (VR Headsets, AR Devices, Mixed Reality Platforms), By End Use (Medical Training & Education Modules, Diagnosis, Treatment, Designing ORs, Surgical Training, Remote Monitoring, Others), By Region Forecast to 2028.

Non fungible Token Market By Type (Physical Asset, Digital Asset), By Application (Collectibles, Art, Gaming, Utilities, Metaverse, Sport, Others), By End-Use, and By Region Forecast to 2030

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services