Electronic Health Records Market Trends, Share, Leading Players, Segments Analysis and Forecast to-2025

The global electronic health records (EHR) market is estimated to reach up to $33 billion by 2025. The market is primarily driven by factors such as increasing healthcare IT expenditure, favorable government initiatives for adoption and implementations of EHR systems and rapid advancements in information technology around the world. These systems not only help in efficiently maintaining historical data related to patients’ health parameters but also assist physicians in taking informed and timely decisions regarding most suitable treatment for patients in times of medical emergencies. The convenience of sharing medical records among different physicians, hospitals and other healthcare institutions using EHR systems is expected to fuel the market growth during the forecast period. However, factors such as concerns related to data privacy and security along with integration and interoperability issues related to EHR systems can hamper the market growth during the forecast period.

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Electronic Health Records Market Competitive Outlook:
Product development is the key strategy adopted by the major players operating in the EHR market in order to introduce next-generation EHR systems in the market and gain a competitive advantage. For instance, in October 2016, EHR Integration Services LLC, a healthcare data management service company and EagleDream Health, Inc., a New York-based software company focusing on population health management software and healthcare analytics, collaborated together to offer QIS Inform, a specially designed healthcare analytics platform for the integration of point of care patient data and population health directly into an EHR.

Some of the key players operating in the global EHR market are, Cerner Corporation, McKesson Corporation, Allscripts Healthcare Solutions, Inc., Epic Systems Corporation, eClinicalWorks, LLC, athenahealth, Inc., General Electric Company, NextGen Healthcare Information Systems, LLC (a part of Quality Systems, Inc.), Merge Healthcare Incorporated (an IBM company), Greenway Health, LLC and CompuGroup Medical.

Electronic Health Records Market Segmentation: 

By Type: 

  • Acute EHR
  • Ambulatory EHR
  • Post-acute EHR

By Installation: 

  • Client  Server-based HER
  • Web-based HER

By End User: 

  • Hospitals
  • Ambulatory Care Settings

By Region: 

North America

  • U.S
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain

Installation Outlook:
Web-based EHR systems accounted for a major share of EHR market in 2016 as these systems can be accessed without installing in-house or on-premise servers. The care providers or physicians who operate on a smaller scale can benefit from these systems as they eliminate the cost of purchasing and maintaining the required additional infrastructure. Also, web-based EHR systems are expected to exhibit fastest growth during the forecast period due to the associated benefits of these systems to small scale laboratories, pharmacies and clinics in terms of reduced cost of installation and maintenance.

Type Outlook and Trend Analysis:
Acute EHR segment held the largest share of the EHR market in 2016 owing to the large-scale data collection in acute care centers from external medical facilities to cater to the patients suffering from acute medical conditions. Under American Recovery and Reinvestment Act of 2009, meaningful use of EHR systems is incentivized in order to improve the healthcare in the U.S. through health information technology (HIT). Post-acute EHR segment is expected to witness fastest growth over the forecast period owing to the convenience of exchanging health information in long-term care situations among different departments and streamlining information and the workflow.

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Some points from TOC:-
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation

Chapter 4. Electronic Health Records Market, By Type
Chapter 5. Electronic Health Records Market, By Technology
Chapter 6. Electronic Health Records Market, By End User

…CONTINUED FOR TOC

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Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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