According to the latest report published by Variant Market Research, the global electronic
health records market size is projected to reach
$40 Billion by 2024 from $23.5 Billion in 2016. In this report,
electronic health records market forecast says that
the global market is growing at 6.9%
CAGR from
2017 to 2025.
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Rising
need to maximize patient’s security to drive
the global market
The global electronic health records market trend includes
rising need to maximize patient’s security, government & insurance
companies inspiring the adoption of EHR, requirement for digitalization &
centralization in healthcare sector, and mounting adoption of big data. Though,
high initial cost may hinder the electronic health records
market growth. Moreover, growing public as well as private
investments, and market expansion would
provide an opportunity for players of electronic
health record market industry.
Market Segmentations
The global electronic health
records market is classified into
delivery mode, end user, and geography.
Delivery mode segment includes
client server based, & web based/ cloud based server. Further, the market
is classified on basis of end user into hospital, & ambulatory. North America (U.S.,
Mexico, and Canada), Europe (France, Germany, UK, and Rest of Europe),
Asia-Pacific (Japan, China,
Australia, India, and Rest of Asia-Pacific) and RoW (Middle East, South America,
and Africa) are the key geographical regions included in this market.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/medical-devices/electronic-health-records-market/toc
Web
based/cloud based server, by
delivery mode dominated the global market
in 2017
Web based/cloud based server held for the highest market
share in 2017, and expected to continue its dominance over the forecast period,
2017– 2025. It can be installed short of in-house installation of
complex hardware infrastructure, which is expected to boost the growth of this
segment.
Hospital, by end user
dominated the global market in 2017
Hospital held for the highest market
share in 2017, and expected to continue its dominance over the forecast period,
2017– 2025. The high adoption rate of electronic health record systems among hospitals is the driving factor for the growth of segment.
Asia-Pacific is estimated to witness fastest
CAGR from 2017 to 2025
Asia-Pacific is predicted to grow at a fastest CAGR
of over the forecast period 2017 to 2025. The growth is attributed to high acceptance of advanced electronic
health record technology, improving healthcare infrastructure, &
governments initiatives to boost adoption of HER in the region (including Hong
Kong, among others).
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Competitive Landscape
Key players are offering innovative products and
services to increase their electronic health
records market share. Major players
of the market are
Athenahealth, Inc., GE Healthcare, Epic Systems Corporation, Allscripts
Healthcare Solutions, Inc., NextGen Healthcare, Cerner Corporation, AdvancedMD,
Inc., Greenway Health, LLC, McKesson Corporation, and Medical Information
Technology, Inc., among others.
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benchmarking, parent market benchmarking, estimating market size and forecast of
the market from 2016 to 2024.
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