Electronic Health Record Market Report, Size Segments and Growth 2021: Research Strategies with Share Analysis, Top Key Players with Opportunities Forecast (2021-2027)

 A comprehensive overview of the Electronic Health Record market is recently added by UnivDatos Market Insights to its humongous database. The Electronic Health Record market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Electronic Health Record market. The Electronic Health Record market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the Electronic Health Record market at the global and regional levels. Global Electronic Health Record Market was valued at 27.2 billion in 2020 and is expected to grow at a CAGR of 4.6% by 2027.

Market Overview

Global Electronic Health Record Market is booming due to the government initiatives to promote technological advancement in healthcare, the high adoption rate of Electronic Health Record (EHR), and the introduction of artificial intelligence (AI) in the healthcare industry. Furthermore, the rising incidence of chronic diseases also propels market growth. As per the National Diabetes Statistics Report 2020, amongst the overall US population, 34.2 million people of all ages, or 10.5% of the US population had diabetes in 2018.

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COVID-19 Impact

Due to COVID-19, each industry around the globe is affected and its long-term effects are going to influence the growth of the industry in the upcoming period. Despite the several benefits associated with the use of EHRs, such as easy access to patient information and improved patient coordination, the EHR puts significant barriers to infection preventionists (IP) work efficiency. Due to COVID-19, the importance of IPs to the healthcare system has been underscored. With the increase in Covid-19 testing, the EHR barriers to the prevention of infection practices have been highlighted.

Global Electronic Health Record Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

By Product, the market is primarily bifurcated into

·         Web-based

·         On-premise based

The Web-based sub-segment dominated the global Electronic Health Record market and is expected to grow at a noteworthy CAGR of X% by the year 2027.

By Type, the market is primarily segmented into

·         Acute

·         Ambulatory

·         Post-acute

Amongst Type, Ambulatory accounted for the largest share of X% in 2020 and is expected to grow at a significant CAGR of X% to reach US$ X Billion by the year 2027.

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By Applications, the market is primarily segmented into

•       Clinical

•       Administrative

•       Reporting in Healthcare Systems

•       Healthcare Financing

•       Clinical Research

•       Healthcare Providers

Amongst Applications, Clinical accounted for the largest share of X% in 2020 and is expected to grow at a significant CAGR of X% during the forecast period 2021-2027.

By End-user, the market is primarily segmented into

•       Hospital

•       Ambulatory care

•       Pharmacies

•       others

Amongst End-users, Hospital accounted for the largest share in 2020 and is expected to grow at a considerable CAGR of X% during the analyzed period.

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Electronic Health Record Market Geographical Segmentation Includes:

·         North America (United States, Canada, Rest of North America)

·         Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)

·         Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)

·         Rest of the World

North America is dominating the Electronic Health Record market in 2020 with a market valuation of US$ X Billion and is anticipated to maintain its dominance during the forecast period owing to advanced healthcare infrastructure in the region.

The major players targeting the market includes

•     GE Healthcare

•     Allscripts Healthcare Solutions

•     Cerner Corporation

•     Advanced Data Systems Corporation

•     Athenahealth, Inc.

•     Advanced MD

•     eClinicalWorks

•     Epic Systems Corporation

•     McKesson Corporation

•     CPSI

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Electronic Health Record market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

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Key questions resolved through this analytical market research report include:

·         What are the latest trends, new patterns, and technological advancements in the Electronic Health Record market?

·         Which factors are influencing the Electronic Health Record market over the forecast period?

·         What are the global challenges, threats, and risks in the Electronic Health Record market?

·         Which factors are propelling and restraining the Electronic Health Record market?

·         What are the demanding global regions of the Electronic Health Record market?

·         What will be the global market size in the upcoming years?

·         What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.

Final Report will add the analysis of the impact of COVID-19 on this industry.”

In the highly import dependent Indian medical devices market, a large number of indigenous manufacturers of syringes & needles have managed to come up. However, it does not mean that imports are low for this market. Imports, as in the case with other medical devices, are quite high but the domestic manufacturers have been able to tap foreign markets through increasing exports. The target base of consumers is growing steadily which is expected to significantly boost sales in the market.

The report provides a snapshot of the syringes & needles market. It begins with the introduction section which mentions the features and uses of syringes & needles along with a brief description of the various phases in their development. The market overview section provides an insight into the market and highlights the market size. Import and export figures for syringes & needles, both in terms of volume and value have been provided in the next section. It also includes the regional break-up of the imports and exports.

An analysis of the drivers explains the factors leading to the growth of the market which include increasing need of insulin doses, increasing demand for vaccines, improving health infrastructure, growing incidence of diseases, changing demographics and health check-up packages. Some of the major challenges to the market are illegal recycling of syringes & needles and problems associated with usage. Government legislation in the market has been discussed in the next section.

The competition section highlights the features of the major players operating in the market. A brief profile of the major domestic and foreign players in the market along with their financials has been included in this section.

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A section providing strategic recommendations has been given at the end of the report which gives effective solutions to existing and potential players for improving market share and increasing profitability. The Market report answers the following questions:

What is the aim of the report?

·         The market report presents the estimated market size of Electronic Health Record market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.

·         Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.

·         An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.

·         The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.

·         The various parameters accelerating the growth of Market are incorporated in the research report.

·         The report analyzes growth rate, market size and valuation of the Market during the forecast period.

What aspects regarding the regional analysis Market are included in this report?

·         Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

·         The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.

·         The growth rate of the market in every region, including their countries over the forecast period is included in the market report.

·         Based on what factors are the key market players assessed in this report?

·         The report offers detailed analysis of leading companies in the market across the globe.

·         It provides details of the major vendors involved in the Market including Key Playes

·         A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and

·         the manufactured products is incorporated in the report.

·         The facts and figures about market competitors along with standpoints of leading market players are presented in the report.

·         The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?

·         Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.

·         The report offers the present scenario and future growth prospects Market in various geographical regions.

·         The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.

·         The SWOT analysis is conducted along with Porter's Five Force analysis.

·         The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.