Top Electronic Health Records Companies

Electronic Health Records Market size was valued at USD 29.06 Billion in 2023 and is poised to grow from USD 30.37 Billion in 2024 to USD 43.19 Billion by 2032, growing at a CAGR of 4.5% during the forecast period (2025-2032).

The Electronic Health Records market players in the global Electronic Health Records market are witnessing immense competition due to substantial investment for increasing performance of the Electronic Health Records. Improving regulations when it comes to integration of the healthcare sector with IT services is attracting more IT based companies to invest in EHR. Many prominent players have already collaborated with Governments and hospital chains across geographies.  'Cerner Corporation (Oracle) (US) ', 'GE Healthcare (US) ', 'Allscripts Healthcare, LLC (US) ', 'McKesson Corporation (US) ', 'Epic Systems Corporation (US) ', 'NextGen Healthcare, Inc. (US) ', 'eClinicalWorks (US) ', 'Medical Information Technology, Inc. (US) ', 'Health Information Management Systems (US) ', 'CPSI (US) ', 'AdvancedMD, Inc. (US) ', 'CureMD Healthcare (US) ', 'Greenway Health, LLC (US) ', 'ClareCloud Inc. (US) ', 'Teladoc Health, Inc. (US) ', 'Athenahealth Inc. (US) ', 'MEDHOST (US) ', 'Cantata Health, LLC (US) ', 'Intersystems Corporation (US) ', 'Healthcare (US) ', 'Docpulse (India) '

In the past couple of decades, medical insurance has been a luxury in the developing and underdeveloped economies with more than 50% of the mass population in these regions lacking insurance coverage. With the emergence of private insurance companies’ insurance penetration rates are on the rise especially in the developing countries in Asia Pacific, Latin America and Eastern Europe. Higher insurance coverage requires more health record integration among hospitals, insurance companies and insured, this is expected to drive the demand for EHR market. 

Digitalization is happening across industries and the healthcare sector is no exception. During the pandemic digitalization was the need of the hour and post pandemic digitalization has become the norm. With growing digitalization in the healthcare sector, it becomes important to store the patient records in a secure environment with ease of access. This is expected to drive the demand for the EHR market during the forecast period. 

North America is dominating due to rising demand for electronic health record market due to the presence of a developed healthcare industry. In 2022, US spent an upwards of almost 17% of their GDP on healthcare sector while Canada spent more than 12% of their GDP. Hence large of government, private hospitals and clinics provide wide range of medical services which fuels the demand for EHR to better accountability and monitoring. Moreover, medical facilities in the US provide high end services hence medical tourism in US is significantly high. As a greater number of patients are travelling to North America from across the globe as part of medical tourism, medical institutes have invested in EHR software to maintain records.