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Asia–Pacific Stands as the Fastest Growing Ambulatory EHR Market by 2023

11-09-2017 06:07 PM CET | Health & Medicine

Press release from: P&S Market Research - Healthcare IT

Asia–Pacific Stands as the Fastest Growing Ambulatory EHR

The global ambulatory EHR market is forecasted to attain a value of $6.0 billion by 2023, growing at a CAGR of 5.9% during 2017-2023. The growth in the market will be led by increasing government initiatives for the adoption of EHR systems, rising adoption of healthcare intranet technologies (HCIT), rising usage of EHR solutions, and need to reduce the overall healthcare cost.

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Ambulatory EHR finds application in practice management, patient management, e-prescribing, referral management, population health management, decision support, and health analytics. Among the various applications, e-prescribing is expected to witness the fastest growth in demand during the forecast period in the ambulatory EHR market. The increasing adoption of e-prescriptions because of the various government policies is the key factor driving the growth of e-prescribing.. Hospital owned ambulatory centers were the larger end user in ambulatory EHR market due to increasing patient base and rising healthcare expenditure.

Asia–Pacific is expected to be the fastest growing region in the global ambulatory EHR market due to aggressive investments by the governments, non-profit entities and the private sector in EHR systems, growing aging population, and rising incidence of chronic diseases in various countries, such as India and China.

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Some of the other key players operating in the ambulatory EHR industry include General Electric Company, Cerner Corporation, Epic Systems Corporation, Mckesson Corporation, Quality Systems, Inc., eMDs Inc., Allscripts Healthcare Solutions, Inc., Greenway Health, LLC.

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