Electronic Health Records (EHR) Market 2022- By Demand, Leading Companies, Industry Insights, Future Opportunities and Forecast to 2031

The Latest Released Electronic Health Records (EHR) Market study has evaluated the future growth potential of Electronic Health Records (EHR) market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Electronic Health Records (EHR) market.

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Key Players and Manufacturers:
Archetype Innovations, LLC,Allscripts Healthcare Solutions, Inc.,Cerner Ambulatory (Oracle),CPSI,CureMD Healthcare,eClinicalWorks,Epic Systems Corporation,GE Healthcare,Greenway Health, LLC,Medical Information Technology, Inc.,Praxis EMR (Infor-Med, Inc.),NXGN Management, LLC,AdvancedMD, Inc.,athenahealth, Inc.

Electronic Health Records (EHR) Market Outlook 2031
• The global electronic health records market was valued at US$ 30.7 Bn in 2021
• The global market is projected to grow at a CAGR of 5.0% from 2022 to 2031
• The global electronic health record (EHR) market is anticipated to reach more than US$ 50.3 Bn by the end of 2031

An electronic health record (EHR) is a digital version of a patient's medical history, which is maintained by a healthcare provider. It could include a patient's clinical data relevant to the individual care under a particular provider, including demographics, problems, progress notes, vital signs, medications, past medical history, immunizations, radiology reports, and laboratory data. In the last two decades, information technology has revolutionized every facet of mankind. Awareness about diseases and treatments is helping save lives, while a lack of effectively managed data could place this information at risk. Several pilot and cohort studies have been undertaken by government organizations and institutions pertaining to the effectiveness of a computerized patient healthcare information system.

Streamlining of Routine Work to Drive Global EHR Market

EHRs reduce paperwork while boosting efficiency and productivity. There are fewer forms for patients and employees to fill, giving professionals more time to attend to patients. Fast referral and medication delivery help reduce appointment and pickup wait times. Patients can be reminded automatically when it is time for yearly exams or when important milestones that call for routine testing are approaching. Billing and insurance claims can be submitted on time with integrated patient tracking. Telehealth updates help healthcare professionals
provide improved health care to patients. Key advantages of EHR systems are:

Accurate and up-to-date information about a patient at the point of care
Healthcare cost reduction
Quick access to patient-related data
Securely sharing patient data with healthcare professionals from different departments

These advantages have induced healthcare providers to adopt EHR systems to equip themselves with technically-advanced IT systems such as electronic health record software. This is propelling the global electronic health record (EHR) market.

Regional Outlook of Electronic Health Records (EHR) Market

North America accounted for a dominant share of the global EHR market in 2021. Government funding encouraging meaningful use of certified electronic health and medical record (EHR) technology across health care facilities, increase in pressure to contain health care costs, and rise in demand for improved quality of health care services are augmenting the EHR market in the region. According to sources from the U.S. Department of Health and Human Services, more than 50% of all eligible healthcare providers in the country have received incentive payments from the Federal Government for meaningful usage of EHR systems.

The U.K. and Germany are important markets for electronic health records (EHR) in Europe. A rapid increase in the geriatric population, rise in the need for remote monitoring, increase in pressure to contain health care costs, and surge in demand for improved patient care are propelling the market in these countries.

Key Developments in Global Electronic Health Record (EHR) Market

• In March 2022, CareCloud, Inc. released CareCloud Remote, a new digital health solution for home healthcare practice groups that streamlines referral management, improves staff assignment for home case management, and gives
administrators and clinicians visibility and control over operational metrics

• In December 2021, Oracle acquired Cerner Corporation for US$ 28.3 Bn. The acquisition strengthened Oracle's position in the EHR market, as Cerner was a leading player in the space.

• In December 2021, CareCloud, Inc. released CareCloud Connector, a next-generation interface and data management engine and the first product within its CareCloud Conductor suite. CareCloud Connector enables healthcare organizations with ready-to-use integrations that improve data management and deployment speed while offering better interface visibility and control.

• In October 2019, MEDITECH collaborated with Google Cloud to offer EHRs through the Google Cloud Platform, which allowed it to deliver greater access to patient data, facilitate interoperability, and enhance scalability

• In April 2017, GE Healthcare announced its partnership with eMed apps to offer comprehensive business continuity solutions for its Centricity Electronic Medical Record system customers. The deal is expected to help its customers access patient information from all types of devices even in the absence of their EMR.

Electronic Health Records (EHR) Market: Regional Analysis Includes:
Asia-Pacific Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (United States, Mexico and Canada.)
South America (Brazil, etc.)
The Middle East and Africa (GCC countries and Egypt.)

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