Electronic Health Records Market | New Innovation, Updates, Research 2021-2030 By Healthcare Experts
According to a new report published by Allied Market Research, titled, "Electronic Health Records Market by Product, Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030", The global electronic health records market size was valued at $30,550.3 million in 2020, and is projected to reach $63,848.6 million by 2030, registering a CAGR of 7.7% from 2021 to 2030.Factors driving the growth of the electronic health record market include the increasing number of hospitalizations, the increase in chronic and infectious diseases, and the geriatric population. For example, in 2019, according to the "Age UK" report, about 12 million people aged 65 and over in the UK. Additionally, increasing adoption of EHRs for data storage and patient management is contributing to the growth of the EHR market.
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Major Key Market Players -
Allscripts Healthcare Solutions Inc.
Cerner Corporation
Computer Programs and Systems Inc.
CureMD Corporation
eClinicalWorks
Epic Systems Corporation
General Electric Company
Greenway Health, LLC
Meditech
Praxis EMR
The electronic health record market is segmented based on product, type, application, end user and region. By product, the market is segmented into desktop software and cloud-based software. The home software segment dominates the market in 2020, and this trend is expected to continue during the forecast period, due to the development of home software and technological advancements in the healthcare sector.
The COVID-19 outbreak is anticipated to have a positive impact on the growth of the electronic health records market. Most of the hospitals are shut down due to COVID-19 and the ongoing lockdowns. The COVID-19 virus has serious and life-threatening impact on critically ill patients. However, EHRs are employed in data storage and management for COVID-19 vaccination, which contributes in the market growth.
โฆ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
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Regionally, North America accounted for the majority of EHR's global market share in 2020 and is expected to remain dominant over the forecast period due to the presence of established healthcare infrastructure and a key provider of EHR services. Asia-Pacific is expected to see profitable growth, due to the demand for advanced healthcare facilities and rising healthcare costs for patients.
By Type, the market is segmented into Inpatient EHR and EHR. The EHR segment in hospitals dominates the market in 2020, and this trend is expected to continue during the forecast period, due to the increase in chronic diseases and awareness among health professionals about the benefits of EHRs.
Based on application, the EHR market is segmented into clinical applications, administrative applications, reporting and health systems, healthcare finance and clinical research applications. The medical equipment segment dominates the market in 2020, and this trend is expected to continue during the forecast period, due to the increase in the geriatric population, the increase in the number of hospitals and the population increasing number of clinical trials. R&D progress. programs in the health sector.
โฆ ๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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