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2024 Ambulatory Electronic Medical Records Market Report: Market Size, Growth Drivers, And Key Trends | Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare LLC
Ambulatory Electronic Medical Records Global Market Report
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Ambulatory Electronic Medical Records industry. This report on Ambulatory Electronic Medical Records market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The ambulatory electronic medical records market size has grown strongly in recent years. It will grow from $6.96 billion in 2023 to $7.57 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to government initiatives, rise in chronic diseases, improved patient care, rise in population health management, economic growth.
The ambulatory electronic medical records market size is expected to see strong growth in the next few years. It will grow to $10.81 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.
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Key Market Players:
Major companies operating in the ambulatory electronic medical records market include Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare LLC, Medical Information Technology Inc., Computer Programs and Systems Inc., General Electric Company, Athenahealth Inc., MEDHOST Inc., eClinicalWorks LLC, NXGN Management LLC, InterSystems Corporation, CareCloud Inc., Cantata Health Solutions Inc., Advanced Data Systems Corporation, CureMD Healthcare Inc., Practice Fusion Inc., eMDs Inc., Virence Health Inc., McKesson Corporation, CPSI Inc., Veradigm Inc., Greenway Health LLC, DrChrono Inc., Eyefinity Inc., Amazing Charts LLC, Kareo Inc., iPatientCare LLC, Azalea Health Innovations Inc., Harris Healthcare Inc., ICANotes Inc.
Market Drivers:
According to the Ambulatory Electronic Medical Records Market Report 2024 by The Business Research Company, the increasing adoption of electronic health record (EHR) systems is expected to propel the growth of the ambulatory electronic medical records market going forward. EHR refers to the digital version of a patient's paper chart that contains their medical history, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and laboratory test results. EHR systems facilitate seamless sharing of patient data across different healthcare providers and settings. This interoperability encourages the use of EMRs, especially in ambulatory care, where patients often receive services from multiple providers.
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Market segments for Ambulatory Electronic Medical Records include:
1) By Component: Hardware, Software
2) By Practice Type: Large Practices, Small-To-Medium-Sized Practices, Solo Practices Freestanding
3) By Delivery Mode: Cloud-Based, On-Premise
4) By Application: Practice Management, Patient Management, E-Prescribing, Referral Management, Population Health Management, Decision Support, Health Analytics
5) By End Users: Hospital- Owned Ambulatory Centers, Independent Centers
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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