Global Electronic Health Records (EHR) Market US$ 23.5 Billion by 2021

Global Electronic Health Records (EHR) Market US$ 23.5 Billion by 2021

The global electronic health records (EHR) market is estimated to reach USD 23.5 Billion by 2021, expanding at a CAGR of 6.0% from 2017 to 2021, due to physician preference and its adoption worldwide. In the past two decades, the healthcare industry has witnessed a rapid adoption of EHR systems across healthcare facilities from medium to large-sized hospitals to small-sized medical practices. Implementation of electronic health records has also proved to decrease medical costs and improved patient care. Recent technological EHR advancements include cloud-based EHRs, improved patient portals, growth of telehealth industry, and mobile accessible EHRs.

An electronic health record (EHR) is a digital version of a patient’s paper chart. EHRs are real-time, patient-centered records that make information available instantly and securely to authorized users. While an EHR does contain the medical and treatment histories of patients, an EHR system is built to go beyond standard clinical data collected in a provider’s office and can be inclusive of a broader view of a patient’s care.

EHRs can contain a patient’s medical history, diagnoses, medications, treatment plans, allergies, radiology images, and laboratory and test results. An EHR typically contains information such as the patient’s demographics, contact information, vital signs, allergies, medical history, current and past medications, immunizations, radiology reports and laboratory data. It allows access to evidence-based tools that providers can use to make decisions about a patient’s care and also automate and streamline provider workflow.

An EHR can improve patient care by reducing the incidence of medical error by improving the accuracy and clarity of medical records, by making the health information available, reducing duplication of tests, reducing delays in treatment, and patients well informed to take better decisions, and reducing medical error by improving the accuracy and clarity of medical records. One of the key features of an EHR is that health information can be created and managed by authorized providers in a digital format capable of being shared with other providers across more than one health care organization. EHRs are built to share information with other health care providers and organizations – such as laboratories, specialists, medical imaging facilities, pharmacies, emergency facilities, and school and workplace clinics – so they contain information from all clinicians involved in a patient’s care.

The global electronic health records (EHR) market report estimates the market size (Revenue US$ million – 2014 to 2021) and composition of this market in terms of software types (client server based, software-as-a-service, web based) and forecasts growth trends (CAGR% – 2017 to 2021).

The report also tracks the major competitors operating in the market and provides analysis of the end users (hospitals, ambulatory centers, physician offices) in the global market. Major players operating in the global electronic health records market and included in this report are Allscripts Healthcare Solutions, Inc., Cerner Corporation, Epic Systems, Medical Information Technology, Inc. (MEDITECH), McKesson Corporation, NextGen Healthcare (Quality Systems, Inc.), Computer Programs and Systems, Inc. (CPSI), GE Healthcare and eClinicalWorks.

The global electronic health records market is segmented as:

  1. Software Type
    • Client Server Based
    • Software-as-a-Service (SaaS)
    • Web Based
  1. End User
    • Ambulatory Centers
    • Hospital
    • Physician Office
  1. Geography (Region, Country)
    • North America (U.S., Canada)
    • Latin America (Brazil, Mexico, Rest of LA)
    • Europe (U.K., Germany, France, Italy, Spain, Rest of EU)
    • Asia Pacific (Japan, China, India, Rest of APAC)
    • Rest of the World
  1. Company Profiles
    • 4medica
    • Allscripts Healthcare Solutions, Inc.
    • Athenahealth, Inc.
    • Cerner Corporation
    • Computer Programs & Systems (CPSI)
    • eClinicalWorks
    • Epic Systems
    • GE Healthcare
    • Greenway Health, LLC
    • McKesson Corporation
    • Medical Information Technology, Inc.
    • NextGen Healthcare

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2017-11-09T19:27:56+00:00 Categories: Press Releases|