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Leading Element Driving Change in the Integrated Patient Care Systems Market in 2025: Impact Of Electronic Health Records (EHR) Adoption On Integrated Patient Care Systems Market Driver
Integrated Patient Care Systems Market
The rise in the use of electronic health records (EHR) is predicted to fuel the advancement of the integrated patient care systems market. EHRs are digital platforms designed to securely maintain and control patients' health information, offering ease of access, dissemination and examination among healthcare practitioners. Numerous factors are spurring the growing demand for EHR systems such as enhanced effectiveness, data consolidation and availability, interchangeability, coupled with patient involvement. EHR systems form a crucial component of integrated healthcare systems as they pave the way for seamless information exchange, elevated care coordination and improved patient results. In such systems, the compatibility of EHR is vital to the secure and efficient movement of patient data across multiple healthcare environments. For instance, The Office of the National Coordinator for Health Information Technology, a US federal agency for health information technology, indicated in October 2023 that the proportion of citizens across the country provided and who accessed their online medical record or patient portal has escalated to 73% in 2022, a significant rise from the 59% previously reported. Therefore, the upsurge in the adoption of electronic health records (EHR) is contributing significantly to the development of the integrated patient care systems market.
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What growth opportunities are expected to drive the integrated patient care systems market's CAGR through 2034?
In recent years, there has been a swift expansion in the market size of integrated patient care systems. The projection for this market indicates an increase from $23.32 billion in 2024 to $26.66 billion in 2025, signifying a compound annual growth rate (CAGR) of 14.4%. The market's historical growth has a relationship with the integration of interoperability standards, escalating figures of chronic diseases and intricate medical conditions, a concerted effort to cut healthcare costs while boosting efficiency, an upswing in the acknowledgement of the significance of healthcare interoperability, and an emphasis on enhancing patient outcomes and experiences.
The market size for integrated patient care systems is anticipated to experience substantial growth in the upcoming years, expanding to $45.4 billion in 2029 with a 14.2% compound annual growth rate (CAGR). The surge projected in this forecast period arises due to factors such as an increment in the use of electronic health records (EHR), the escalating healthcare needs of the aging population, higher consumer insistence for fluid healthcare experiences, and an increasing necessity for interoperability among healthcare systems. Additionally, the growing significance of patient engagement tools also contributes to the growth. Key trends anticipated during this forecast period encompass the incorporation of social determinants of health (SDOH) data, advances in healthcare IT technology, a transition to value-based healthcare and reimbursement models, and the proliferation of telemedicine and virtual care services.
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What are the emerging trends shaping the future of the integrated patient care systems market?
Leading organizations within the integrated patient care systems sphere are concentrating on the development of innovative services, for example, patient support services. These are constructed to augment care coordination and elevate patient engagement. Patient support services provide continual assistance, resources, and information for patients, facilitating better management of their respective health conditions by linking with different facets of healthcare delivery. In July 2023, Inizio Engage, an Austrian pharmaceutical firm, introduced Patient Access Services as a method to enhance patient experiences, especially for patients grappling with specialty, rare, and orphan diseases. This initiative is designed to support patients throughout their complicated diagnostic and treatment journey, simultaneously improving adherence to treatment protocols and overall health outcomes.
Which growth-oriented segments of the integrated patient care systems market are leading the industry's development?
The integrated patient care systems market covered in this report is segmented -
1) By Component: Software, Hardware, Services
2) By Delivery Mode: Web Or Cloud-Based Systems, On-Premise Systems, Hybrid Models
3) By Application: Electronic Health Or Medical Records, Real-Time Healthcare, Patient Engagement, Prescription Management, Other Applications
4) By End User: Hospitals, Clinics, Diagnostic Centers, Pharmacies, Other End Users
Subsegments:
1) By Software: Electronic Health Record (EHR) Systems, Patient Monitoring Software, Clinical Decision Support Systems (CDSS), Hospital Information Systems (HIS)
2) By Hardware: Patient Monitoring Devices, Diagnostic Equipment, Medical Imaging Systems, Infusion Pumps
3) By Services: Installation and Deployment Services, Maintenance and Support Services, Training and Consulting Services, Data Integration Services
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What regions are leading the charge in the integrated patient care systems market?
North America was the largest region in the integrated patient care systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the integrated patient care systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the integrated patient care systems market?
Major companies operating in the integrated patient care systems market are McKesson Corporation, International Business Machines Corporation, Oracle Corporation, GE HealthCare, Koninklijke Philips N.V., Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare LLC, eClinicalWorks, Siemens Healthineers, InterSystems Corporation, Medical Information Technology Inc., Computer Programs and Systems Inc., Optum Inc., Vocera Communications Inc., Advantech Co. Ltd., CareCloud Inc., Greenway Health LLC, NantHealth Inc., CureMD, GetWellNetwork Inc., PatientSafe Solutions Inc., SONIFI, Compulink Advantage
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What Is Covered In The Integrated Patient Care Systems Global Market Report?
•Market Size Forecast: Examine the integrated patient care systems market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the integrated patient care systems market for a structured understanding.
•Key Players Overview: Analyze major players in the integrated patient care systems market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the integrated patient care systems market.
•Segment Contributions: Evaluate how different segments drive overall growth in the integrated patient care systems market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the integrated patient care systems market.
•Industry Challenges: Identify potential risks and obstacles affecting the integrated patient care systems market.
•Competitive Landscape: Review strategic developments in the integrated patient care systems market, including expansions, agreements, and new product launches.
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