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EHR Market Size, Overview, Growth Drivers, Segment Analysis and Forecast to 2023

EHR Market Size, Overview, Growth Drivers, Segment Analysis

Global electronic health record market is projected to attain a size of $30.4 billion by 2023. The market is mainly driven by the increasing need for advanced healthcare information system, growing investments by healthcare IT players, rising demand for better healthcare facilities, and increasing government initiatives.

Explore report sample at: https://www.psmarketresearch.com/market-analysis/electronic-medical-records-market/report-sample

On the basis of delivery mode, the electronic health record market has been categorized into web/cloud-based, and on-premise. The market for web/cloud-based electronic health records is expected to witness faster growth, with a CAGR of 6.6% during the forecast period, attributed to increasing adoption of these solutions by healthcare providers and insurance companies for easy accessibility of patients’ health records. Also, cloud-based solutions are much cheaper as compared to the on-premise solutions.

Based on component, the electronic health record market has been segmented into practice management, patient management, e-prescription, referral management, population health management, and others. The practice management category held the largest share in this market, with 31.5% contribution in 2017, due to various advantages of electronics health record implementation such as increased efficiency of day-to-day operations of healthcare practices.

Browse report at: https://www.psmarketresearch.com/market-analysis/electronic-medical-records-market

Some of the key players in the electronic health record industry are Cerner Corporation, General Electric Company, McKesson Corporation, Allscripts Healthcare Solutions Inc., athenahealth Inc., Epic Systems Corporation, Medical Information Technology Inc., Computer Programs & Systems Inc., and Quality Systems Inc.

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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