Electronic Health Records Software Market will reach at $ 232.3 billion by 2032. ,key developmental strategies implemented by the key players:Drchrono, ADP AdvancedMD, Greenway, HealthFusion, IPatientCare, Kareo, PracticeFusion, Siemens Healthcare, Epic S

The global electronic health records market size was estimated at USD 31.3 billion in 2021 and it is anticipated to expand at a CAGR of 5.2% from 2022 to 2032. The global electronic health records market will reach at $ 232.3 billion by 2032. Government initiatives to encourage healthcare IT usage is the key driver to this market. For instance, My Health Record is a national digital health record platform in Australia. Every Australian citizen has a "My Health Record" unless they have chosen that they don't want it. The agency claims that by the end of 2022, all healthcare providers in the country will be able to contribute to and use healthcare information available on the platform. Moreover, the introduction to technologically advanced healthcare services is also expected to drive electronic health record (EHR) market growth

Some of the Major Key players profiled in the study are Drchrono, ADP AdvancedMD, Greenway, HealthFusion, IPatientCare, Kareo, PracticeFusion, Siemens Healthcare, Epic Systems, GE Healthcare, Allscripts Healthcare Solutions, Cerner, EClinicalWorks, CPSI, Amazing Charts, Sage Software Healthcare, MEDITECH, EMDs, NextGen Healthcare, Athenahealth, MaineHealth

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Product Insights
The web-based EHR segment led the market for electronic health records and accounted for the largest revenue share of more than 50.0% in 2021. This large market share is attributed to their popularity amongst the physicians and healthcare providers, which operate on a smaller scale. This is because web-based EHRs can be installed without the requirement of in-house servers and can also offer extensive customizations and improvements, as per need.

The client server-based EHR segment is anticipated to show significant growth during the forecast period. Client-server-based EHRs provides a safer alternative for users as it offers in-house data storage, hence preventing data theft. These can also be customized as per customer requirements and also are a favorable option in the case of multi-physician facilities. Furthermore, they do not require a stable internet connection as compared to web-based EHRs, which further drives segment growth.

Global Electronic Health Records Software Market Segmentation:

Electronic Health Records Software Segmentation by Type:

Open Source Software, Non-open Source Software.

Electronic Health Records Software Segmentation by Application:

Hospital, Clinical

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Type Insights
The acute EHR segment dominated the market for electronic health records and accounted for the largest revenue share of about 46.8% in 2021. The growth can be attributed to the government initiatives for the adoption of electronic health records in small-scale facilities. For instance, acute care hospitals in the U.S. which are covered under the Inpatient Prospective Payment System (IPPS) are eligible for the Medicare incentive payment system. Acute care electronic health records generate patient information that can provide all clinical details. These details can also be used for ICU, emergency department, inpatient unit, and operating room purposes.

Business Model Insights
The professional services segment dominated the market for electronic health records and accounted for the largest revenue share of more than 31.0% in 2021. Professional services help healthcare systems in the implementation of information systems in their organizations. They are usually in the form of project management, technical and application expertise, clinical process optimization, regulatory consulting, and training of end-users for designing and implementing electronic health record systems. It is also expected to garner the largest market share owing to its wide range of applications for the implementation of information systems in organizations. Electronic health records are also provided on a time-based subscription model, which has a periodic usage charge. This is one of the primary ways in which medical knowledge is packaged and delivered.

Within the technology resale segment, licensed software is bundled with IPs of other companies in the form of sublicenses for creating complete technology solutions for healthcare systems. Licensed software includes application software, architectures, executable and referential knowledge, and data and algorithms. Professional services help healthcare systems in the implementation of information systems in their organizations. They are usually in the form of project management, technical and application expertise, clinical process optimization, regulatory consulting, and training of end-users for designing and implementing electronic health records systems. Other business models include managed services, support and maintenance, and other such services.

Regional Insights
North America dominated the market for electronic health records and accounted for the largest revenue share of about 45.4% in 2021. The major factor contributing to the growth of this region is the policies that support the adoption of electronic health records and the availability of infrastructure with high digital literacy. In May 2020, the federal government proposed the Federal Health IT Strategic Plan 2020 - 2025 that mandates the meaningful usage of electronic health records by healthcare providers. The Digital Single Market Strategy by the European Commission furnishes consumers and businesses with access to online services and goods across Europe, thus providing necessary conditions for the growth of the digital network and allied services, which is expected to maximize the growth potential of the European economy.

The cost analysis of the Global Electronic Health Records Software Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.

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Improved workflow contributing to better operational productivity will increase usage of practice management
Practice management application in the EHR market accounted for more than USD 7.5 billion in 2020. Electronic health record offers simplified solution for practice management to sustain continuity in operations and facility workflow.


EHR has ability to store and process extensive patient health data that helps clinicians in automation of financial as well as operational processes with quick and easy accessibility. Therefore, integrated EHR and practice management software navigate all activities easing the work of frontline healthcare providers and will thereby spur the segment revenue during the forecast timeframe.


Presence of several players in outpatient EHR and associated benefits will increase adoption rate in ambulatory surgical centres
Ambulatory surgical centres segment is projected to expand at 7.1% growth rate by 2027. Increasing preference for digital technologies by ambulatory surgical centers to effectively manage workflow will fuel the acceptance of EHR in these facilities. These are outpatient centers providing same day surgical care with scheduled operations.


Electronic health record effectively manages patient data to help practitioners in planning and management of these procedures. Accessibility to all patient health data on single platform has improved decision-making capabilities of professionals and enhanced their quality of care delivery. Also, there are numerous established players offering ambulatory EHR including Cerner Corporation, Epic Systems and Meditech among others. Moreover, better advantage in terms of lesser complexity of ambulatory EHR will foster the segment expansion.


Favourable policies and robust spending on digital health technologies in the U.S. will drive North America market revenue
North America electronic health record market captured over 48% of the market share in 2020 due to favourable government initiatives and deployment of supportive plans. Establishment of 'Promoting Interoperability Programs' by the Centers for Medicare & Medicaid Services in the U.S. is focused to encourage hospitals and professionals to adopt certified electronic health record technology.


Launch of advanced software integrated with latest technologies by industry players boosts product usage in the region. Strong focus of government, as well as non-government organizations on development of highly sustainable healthcare ecosystem in the region, will further stimulate the market demand.

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