Electronic Health Record Market Report, Analysis 2021 with Top-Countries Data, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast 2027
As per UnivDatos Market Insights, Electronic Health Record Market was valued at US$ 27.2 billion in 2020 and is expected to reach US$ 37.3 billion by 2027, registering a CAGR of 4.64% during the forecast period (2021-2027).
The surge in the Electronic
Health Record Market due
to the increase in incidences of chronic diseases, introduction
of artificial intelligence (AI) in the healthcare industry, rise in the use of
healthcare information technology (HCIT). Moreover, the government initiatives
to increase the use of EHR are also propelling market growth. For
instance, the Australian Government has taken the initiative to promote
healthcare IT in Australia through a lifetime policy PCEHR (Personally
Controlled Electronic Health Record) for each of its citizens.
The report “Global Electronic
Health Record Market: Current Analysis and Forecast (2020-2027)” by UnivDatos
Market Insights deliver a comprehensive analysis of the product, type,
applications, end-user, and region.
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report browse through - https://univdatos.com/request_form/form/385
Global Electronic Health Record
Market Segmentation
By Product:
·
Web-based
·
On-premise
based
By Type:
- Acute
- Ambulatory
- Post-acute
By Applications:
- Clinical
- Administrative
- Reporting
in Healthcare Systems
- Healthcare
Financing
- Clinical
Research
By Region:
- North America
Ø United States
Ø Canada
Ø Rest of North America
- Europe
Ø France
Ø Germany
Ø Italy
Ø Spain
Ø United Kingdom
Ø Rest of Europe
- Asia-Pacific
Ø China
Ø Japan
Ø India
Ø Rest of Asia-Pacific
- Rest of World
Based on Types, the global electronic
health record market is fragmented into
Acute, Ambulatory, and Post-acute. The acute subsegment accounted for the major
market share in 2020 owing to the rise in the government initiatives for the
adoption of EHRs in the small-scale industries. The ambulatory EHRs are
expected to show significant growth in the forecast period. The ambulatory EHR
is mainly used in medical practices and outpatient settings. The outpatient
care facilities and small healthcare practices are the main areas in which
ambulatory EHRs work. For instance, NextGen Enterprise software helps to
accommodate the requirements of ambulatory practices of all kinds. This
software provides the proper healthcare to ambulatory patients, population
health needs, and value-based care initiatives.
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Based on Applications, the global
electronic health record market is divided into Clinical, Administrative,
Reporting in Healthcare Systems, Healthcare Financing, and Clinical Research.
The clinical sub-segment is expected to dominate the market in the forecast
period owing to the rise in the number of chronic diseases and surgeries. For
instance, as per WHO, Cardiovascular diseases (CVDs) are the number one cause
of death globally, taking an estimated 17.9 million lives each year. Four out
of 5CVD deaths are due to heart attacks and strokes, and one-third of these
deaths occur prematurely in people under 70 years of age.
Based on Types, the global electronic
health record market is fragmented into Acute, Ambulatory, and Post-acute. The
ambulatory EHRs are expected to show significant growth in the forecast period.
The ambulatory EHR is mainly used in medical practices and outpatient settings.
Based on End-user, the global electronic health record market is bifurcated
into hospitals, Ambulatory care, Pharmacies, and others. In 2020, Hospital was
the largest market for electronic health record technology, owing to the rise
in adoption of EHR in hospitals for the maintenance of large clinical data
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Additionally, this report also
provides insights into the global electronic health record market according to
the regions such as North America, Europe, Asia-pacific, and the rest of the world.
North America dominated the market and is expected to witness the rise in the
number of new and advanced technology product launches. Moreover, the rising
incidents of chronic diseases in the US region also propels the market growth. For
instance, out of 2 billion people affected by kidney failure per year, 750,000
belong to the United States.
Key players
The
market is highly fragmented due to the presence of different large, small, and
medium-scale players. The market for
Electronic Health Record is highly competitive. Some of the key players that
hold major market share include companies are:
• GE Healthcare
• Allscripts
Healthcare Solutions
• Cerner Corporation
• Advanced Data
Systems Corporation
• Athenahealth, Inc.
• Advanced MD
• eClinicalWorks
• Epic Systems
Corporation
• McKesson
Corporation
• CPSI
About Us:
UnivDatos Market Insights (UMI), is a passionate market
research firm and a subsidiary of Universal Data Solutions. Rigorous secondary and
primary research on the market is our USP, hence information presented in our
reports is based on facts and realistic assumptions. We have worked with 200+
global clients, including some of the fortune 500 companies. Our clientele
praises us for quality of insights, In-depth analysis, custom research
abilities and detailed market segmentation.
Contact us:
UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
Ph: +91 7838604911
Labels: Electronic Health Record Market
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