Electronic Health Record (EHR) Market Growing a CAGR of 4.9%: Industry Size, Share, Segmentation, Revenue, Development Trends and Forecast by 2028

The latest published report namely Global Electronic Health Record (EHR) Market Size, Share, Trends, Growth, and Forecast added by The Insight Partners contains point by point data which enlarge understanding, scope, and application of this market. The fundamental objective of this report is to help readers to get market definition, potential, dynamics, and segmentation assessment. The report covers market trends, future advancement extension, and industry growth analysis. The report basic offers a basic understanding of the global Electronic Health Record (EHR) industry competitors, the sales channel, growth potential, potentially disruptive trends, industry product innovations, and the value/volume of size, market segments, and market share of the best actors/products. Analysis of important industry trends, market size, market share estimates is mentioned in the report.

The electronic health record (EHR) market was valued at US$ 14,054.05 million in 2020 and is projected to reach US$ 20,318.02 million by 2028; it is expected to grow at a CAGR of 4.9% during 2021-2028.

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Global "Electronic Health Record (EHR) Market" Report (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Electronic Health Record (EHR) in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Electronic Health Record (EHR) Market report categorizes the market based on manufacturers, regions, type, and application. Electronic Health Record (EHR) Market reports offer a detailed assessment of the Electronic Health Record (EHR) including enabling technologies, current market situation, market assumptions, restraining factors.

Market Insights

Growing Incidences of Medication Errors

A medical error is a nightmare scenario that no physician or medical practice wants to face. While most healthcare professionals and many consumers/clients/patients realize that doctors are human beings and sometimes make mistakes, most take measures to ensure accuracy in all aspects of a patient care scenario. Yet, unfortunately, thousands of people do experience some form of medical errors and even preventable deaths on an annual basis. According to a recent study performed by Johns Hopkins, medical errors are now ranked as the third contributing cause of death in the US. Alarmingly, based on data accumulated during the eight-year study, medical errors contribute to approx. 250,000 deaths annually.

Another study by the CDC emphasized that adverse drug events alone cost over US$ 3 billion a year. As of 2014, adverse drug events were the sixth leading cause of death on a national basis. The focus for today is catching potential errors before they happen, especially medication errors that can prevent through medication reconciliation.

Today's EHR systems support automated artificial intelligence, sometimes sifting through massive patient care files. For example, not long ago, a patient with a chronic condition might have a paper record composed of hundreds of pages. Today, an EHR system can quickly sift through data to analyze current and past prescriptions, laboratory tests, treatment plans, diagnoses, medical procedures, and even foods that a patient should stay away from when taking certain medications before or following medical treatment or procedure.

These statistics emphasize that most such medical errors are not implied to be caused by the lack of concern, inattentiveness, or outright misconduct on the part of physicians, but rather the often-confusing lack of communication and access to complete medical records and histories.

The development of electronic health record/electronic medical record technologies can serve to reduce medical errors through more coordinated care enhanced by data sharing and immediate accessibility by any member of a patient's health care team.

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Top Key Players of Electronic Health Record (EHR) Market Report are

Cerner Corporation
COMPUTER PROGRAMS AND SYSTEMS, INC.
Allscripts Healthcare Solutions, Inc.
McKesson Corporation
Epic Systems Corporation.
NextGen Healthcare
eClinicalWorks
Greenway Health
AdvancedMD, Inc.
…..……
The report also focuses on global major leading industry players of Global Electronic Health Record (EHR) market providing information such as company profiles, product picture and specification, price, capacity, cost, production, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. With tables and figures helping analyze worldwide Global Electronic Health Record (EHR) market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market. The Global Electronic Health Record (EHR) market development trends and marketing channels are analyzed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.

Key Segmentation: 

Electronic Health Record (EHR) Market - by Installation Type

Cloud-Based
On-Premise
Electronic Health Record (EHR) Market - by Type

Acute EHR
Ambulatory EHR
Post-Acute EHR
Electronic Health Record (EHR) Market - by End User

Hospitals
Diagnostic and Imaging Centers
Ambulatory Care Centers
Pharmacies
Electronic Health Record (EHR) Market Segments by Geography

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

This Study Report Offers Following Objectives:

Conjecture and examination of the worldwide Electronic Health Record (EHR) market deals, share, worth, status and figure
Break down the local just as nation level portions, share development for Global Electronic Health Record (EHR)
Investigation of Global Electronic Health Record (EHR) industry-driving makers/players.
Characterize and investigate the market rivalry scene, SWOT examination.
Estimates and investigation of the portions, sub-sections and the provincial business sectors dependent on last of 5 years market history.
Examination of the Electronic Health Record (EHR) market by Type, by Application/end clients and district insightful.
Estimate and investigation of the Global Electronic Health Record (EHR) Market Trends, Drivers, Investment Opportunities, Openings, Risk, Difficulties, and suggestions.
Investigate the critical driving elements, patterns which confine market development.
Portray the partner's chances in the market by recognizing the high development fragments.
Top Points Covered in the Global Electronic Health Record (EHR) Market:

Industry Overview of Global Electronic Health Record (EHR) Market;
Classification, Specifications and Definition of Electronic Health Record (EHR) Market Segment by Regions;
Process and Structure
Research Findings/Conclusion, Electronic Health Record (EHR) deals channel, traders, distributors, dealer's analysis;
Complete Market Research, Capacity, Sales and Sales Price Analysis with Company Segment;
Analysis of Regional Market that contains the United States, Europe, India, China, Japan, Korea & Taiwan;
Electronic Health Record (EHR) Market Analysis by Major Players, The Electronic Health Record (EHR) Segment Market Analysis (by Type) and (by Application);
Regional Market Trend Analysis, Market Trend by Product Type and by Application:
Supply Chain Analysis, Regional Marketing Type Analysis, Global Trade Type Analysis;
The Global Electronic Health Record (EHR) industry consumers Analysis;
Appendix and data source of Electronic Health Record (EHR)
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