Key Factor Supporting Integrated Patient Care Systems Market Development in 2025: Impact Of Electronic Health Records (EHR) Adoption On Integrated Patient Care Systems Market

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How Large Will the Integrated Patient Care Systems Market Size By 2025?
Recently, the integrated patient care systems market has seen swift expansion. The market, which was worth $23.32 billion in 2024, is projected to increase to $26.66 billion in 2025, with a formidable compound annual growth rate (CAGR) of 14.4%. Various factors have contributed to this significant growth during the historic period, including the adoption of interoperability standards, a rise in chronic diseases and complex medical conditions, an emphasis on cutting healthcare expenses and increasing efficiency, the growing awareness of the critical nature of healthcare interoperability, as well as a focus on enhancing patient outcomes and experiences.

How Big Is the Integrated Patient Care Systems Market Size Expected to Grow by 2029?
Expectations point to a swift expansion of the integrated patient care systems market over the forthcoming years. The market's valuation is projected to hit $45.4 billion by 2029, reflecting a compound annual growth rate (CAGR) of 14.2%. This robust growth anticipated in the forecast period can be linked to the growing acceptance of electronic health records (EHR), the escalation of healthcare requirements due to an aging demographic, and ascending consumer demand for flawless healthcare services. Other contributing factors include the escalating need for interoperability between healthcare systems and the increasing role of patient engagement tools. Some of the major forthcoming trends consist of integration of social determinants of health (SDOH) data, advancements in healthcare IT technology, a move towards value-based care and payment models, and the expansion of telemedicine and virtual care services.

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Which Key Market Drivers Powering Integrated Patient Care Systems Market Expansion and Growth?
The rise in the usage of electronic health records (EHR) is seen as a major harbinger for the expansion of the integrated patient care systems market in the future. EHRs are digital platforms that safely store and organize health-related information of patients, providing swift and efficient access, exchange, and examination of data between healthcare professionals. Several parameters, such as heightened efficiency, centralization and accessibility of data, interoperability, and patient engagement, have been fueling the demand for EHR systems. EHR systems represent crucial elements of integrated healthcare systems as they facilitate seamless data exchange, enhance care coordination, and bolster patient outcomes. Interoperability of EHRs within integrated healthcare systems is paramount in securely and swiftly transferring patient data across numerous healthcare institutions. As an instance, The Office of the National Coordinator for Health Information Technology, a US-based federal agency dedicated to health information technology, reported in October 2023 that the proportion of patients countrywide, who were offered and who accessed their online medical record or patient portal, had climbed to 73% in 2022, a significant jump from the previous 59%. Hence, the surging adoption of electronic health records (EHR) is propelling the growth of the integrated patient care systems market.

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Which Fast-Growing Trends Are Poised to Disrupt the Integrated Patient Care Systems Market?
Key businesses in the integrated patient care systems industry are concentrating on the creation of novel services such as patient support services, to amplify care coordination and foster increased patient involvement. These patient support services constitute a variety of healthcare offerings intended to continually provide support, resources, and information to patients, thereby enabling them to better handle their health issues. It integrates with multiple facets of healthcare provision. To illustrate, Inizio Engage, a pharmaceutical company based in Austria, in July 2023, introduced Patient Access Services. This is an all-inclusive suite created to improve the patient experience, specifically for those contending with specialty, rare, and orphan diseases. The objective of this venture is to enhance adherence to treatment and overall health outcomes, by offering personalized support throughout the often intricate path towards diagnosis and treatment.

What Are the Emerging Segments in the Integrated Patient Care Systems Market?
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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Who Are the Global Leaders 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

Which are the Top Profitable Regional Markets for the Integrated Patient Care Systems Industry?
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.

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