EHR Software Size shall reach a value of $xx Million in 2028, growing with a CAGR of 9.1% during the forecast period of 2021 to 2028.
EHR Software Market Growth and Trends
The global electronic health records software market or the EHR software market presently holds a market value of US$ 14.2 billion in 2020 and is estimated to grow at a CAGR of 7.8% to an estimated market value of US$ 20.7 billion by 2025. The growing digitalization is the major driving factor behind the growth of the HER software market.
The increasing globalization has resulted in emerging economies with higher disposable incomes. The rising urbanization has to lead to increasing levels of the population globally. The increasing shift towards destructive lifestyle changes has resulted in an escalated number of diseases and disorders. Hence, the need to cure, treat, and prevent such morbid cases has significantly increased. The demand in the healthcare sector to efficiently provide therapeutic consulting and care has positively impacted the growth of the HER software market.
The increasing demand for streamlining and centralization of hospital administration is boosting the market growth for the EHR software market. The rising expenditure spent in the healthcare sector is stimulating market growth. The technological advantages provided by the EHR software by reducing the costs, patient satisfaction, hassle-free data analysis, and improving the quality of therapeutic care are alluring the end-users. The increasing number of patients, especially in the year 2020, has rendered the use of EHR software more among healthcare units to help healthcare providers.
The web-based EHR segment has dominated the market and even accounted for above 50% of the global revenue share in the year 2019. The web-based EHR segment is forecasted to lead the market share in the next decade as well. The extensive levels of customization and upgrades available in the web-based EHR segment are the driving force for its use among physicians. The client server-based EHR segment is projected to witness the highest growth by 2025 owing to the associated security solutions against data theft and multi-physician features.
The hospital segment held the largest share in 2019 by about 61% of the market share. The ambulatory-use EHR segment is expected to showcase a high CAGR value from 2020 – 2027. The acute EHR segment is dominating the market share and held a market share of 47% in the year 2019. The post-acute EHR segment has been forecasted to exhibit a greater CAGR by 2027. The increasing awareness about the uses of EHR software among end-users coupled with the rising government initiatives and investments in hospitals is propelling the growth of the EHR software market.
EHR Software Industry Regional Analysis
EHR Software Market Research Report Scope/Definition
EHR Software Market Share and Competition Key companies operating in this industry are: Cerner Corporation ; Epic Systems ; Allscripts Healthcare Solutions Inc. ; NextGen Healthcare Inc ; Medical Information Technology, Inc. (Meditech) ; eClinical Works ; AthenaHealth ; MedHost ; Greenway Health and Canon Medical Systems Corporation
EHR Software Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2021 – 2028)
• Data breakdown for every market segment (2021 – 2028)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Product Analysis (Revenue, USD Million, 2021 - 2028)
• Client Server-based EHR
• Web-based EHR
Type Analysis (Revenue, USD Million, 2021 - 2028)
• Acute
• Ambulatory
• Post-acute
End-use Analysis(Revenue, USD Million, 2021 - 2028)
1)Hospital Use
2)Ambulatory Use
• Physician’s Clinic
• Laboratories
• Pharmacy
Region Analasis (Revenue, USD Million, 2021 - 2028)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
EHR Software Industry Companies
• Cerner Corporation
• Epic Systems
• Allscripts Healthcare Solutions Inc.
• NextGen Healthcare Inc
• Medical Information Technology, Inc. (Meditech)
• eClinical Works
• AthenaHealth
• MedHost
• Greenway Health
• Canon Medical Systems Corporation
Available Versions of EHR Software Market: -
United States Industry Research Report
Europe Industry Research Report
Asia Pacific Industry Research Report
India Industry Research Report
