Electronic Health Record Market

Electronic Health Record Market Size, Share, Growth Analysis, By Product(Web/ Cloud based EHR software, On-premise EHR software), By Application(E-prescription, Practice management, Referral management, Patient management), By End-use(Hospitals, Specialty centers, Clinics, Ambulatory surgical centers), By Region(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG35G2054 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Electronic Health Record Market Insights

Market Overview:

The Electronic Health Record Market was valued at more than USD 29.5 billion in 2020 and is projected to grow at a CAGR of over 6.4% between 2021 and 2027. The main use of an electronic health record or EHR system is to electronically aggregate structured patient medical data and store it in digital format. This system helps increase accessibility to patient data, thus enhancing overall productivity and efficiency of patient care. With multiple features, applications, and interoperability of electronic health records across various healthcare settings, their adoption is expected to increase in the future.

Electronic Health Record Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Technology by segment aggregation, the contribution of the Health Care Technology in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Electronic Health Record was estimated to be valued at US$ XX Mn in 2021.

The Electronic Health Record Market is estimated to grow at a CAGR of XX% by 2028.

The Electronic Health Record Market is segmented on the basis of Product, Application, End-use, Region.

Based on region, the Electronic Health Record Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Electronic Health Record Market are Cerner Corporation, Allscripts, Epic, Meditech.

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Electronic Health Record Market

Report ID: UCMIG35G2054

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