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Electronic Health Records (EHR) Market Revenue, Worth, Share, Industry Forecast, Analysis, Segmentation, Key Players | Valuates Reports
Electronic Health Records Market StatisticsThe Global Electronic Health Records market size is projected to reach USD 47.25 Billion by 2027, from USD 29.16 Billion in 2020, at a CAGR of 7.14% during 2021-2027.
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Trends Influencing the Growth of Electronic Health Records Market
By automating access to information, the electronic health record (EHR) streamlines the clinician's workflow. Other care-related activities can be supported directly or indirectly by the EHR through various interfaces, such as evidence-based decision assistance, quality monitoring, and outcomes reporting. Such benefits are projected to propel the EHR market forward even more. Furthermore, the requirement for clinicians to have easy access to patient records is projected to drive the EHR market.
More effective data management solutions will be required as the number of people seeking treatment for chronic diseases in specialist clinics expands. This, in turn, is projected to propel the electronic health record market forward. The increased prevalence of chronic and severe illnesses like cancer, diabetes, skin infections, and orthopaedic issues has led in an increase in the number of patients seeking treatment at specialised facilities. Digital technologies are rapidly being used by healthcare practitioners to provide continuing care and improve the treatment process. Because it provides an effective means of handling patient health data, EHR software will continue to gain acceptance in specialty centres in the future.
By promoting preventative medicine and better coordination of health-care services, as well as minimising waste and unnecessary tests, EHR can help increase efficiency and cut health-care costs. Furthermore, they can improve clinical decision-making by combining patient data from several sources. The electronic health record market is predicted to grow as a result of these benefits.
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Electronic Health Records Market Segmentation
EHR Market by Type
• Web Based
• Client Server Based
• Software as Services
EHR Market by End User
• Hospital
• Physician Office
• Ambulatory surgery centers
• Others
Key Manufacturers
• PA SUN
• IBM
• PCCW Solution
• PKU Healthcare IT CO., Ltd
• Kingdee
• Duchang IT
• GoodWill
• Wining
• Neusoft
• Allscripts Healthcare Solutions, Inc.
• Athenahealth, Inc.
• Cerner Corporation
• CPSI
• Epic Systems
• EClinicalWorks
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