Electronic Health Records (EHR) Market Insights
The global electronic health records (EHR) market is estimated to witness a significant growth during the forecast period (2020-2026). This market is expected to grow at a CAGR of 5.4% during the forecast period, to reach USD 44.5 billion by 2026 from USD 32.4 billion in 2020. The factors that are positively affecting the market to grow are increasing number of hospitals/clinics in developing nations along with rising adoption of EHR by these end users, increasing government support for adoption of integrated healthcare IT services for smooth patient/doctor data management, and lastly due to the advent of COVID-19 pandemic there is a huge demand for EHR software at various healthcare facilities to track patient entry data and their respective healthcare services.
Electronic Health Records (EHR) Market: By Logical Mode of Storage
This segment is divided into cloud based and client server based market. The cloud based segment will be the fastest growing segment. This is mainly due to its feature of sharing and integration of information from contrasting (more than one) locations or systems and offering cheap, real time patient data and generate a database registry on demand. A cloud solution doesn’t require the need of hardware and software installation, but needs the connections of only a computer good internet connection.
Electronic Health Records (EHR) Market: By Physical Mode of Storage
This segment is divided into integrated and standalone market. The integrated segment will be the largest market. Integrated patient portals operate as an added module to an existing EHR or any other healthcare IT system/software. This large share can be attributed to increased efficiency in data sharing and data maintenance amongst various departments and specialties of a single hospital. Moreover, these solutions allow a user to complete multiple business functions from within the same interface and also allow the sharing of the data as and when required. As they are pocket friendly solutions, there is a high demand.
Electronic Health Records (EHR) Market: By Type
This segment is divided into general and advanced EHR market. The general EHR segment will be the largest market mainly due to its features of being multifunction capabilities for more than one specialty, enabling their use through flexible functioning across various departments and cost friendly software cost especially for smaller clinics and hospitals in the developing nation.
Electronic Health Records (EHR) Market: By Component
Based on the component, the market is segmented into software and services. The services segment is further sub segmented into implementation, troubleshooting & maintenance, network services, and training and education. Services is the leading market segment by component. Because of the repeated demand of services, such as training and education, installation, consulting, and maintenance services, this market segment is likely to hold the larger position in the market than the software segment. Moreover, the increase in the number of patients being admitted to hospitals (due to COVID-19), will ultimately pose a demand in repeated services for the EHR purchased.
Electronic Health Records (EHR) Market: By Application
Based on application of EHR, the market is segmented into doctor practice management, patient management, patient prescription management, patient/doctor referral management, population health management, and revenue cycle management. The practice management segment is expected to lead the market mainly due to the advantages of EHR implementation in the healthcare sector over manual way of data entry of patient, doctor and treatment procedures, The another reason for this segment to be the largest share is the high efficiency in the day-to-day operations of medical and clinical set ups.
Electronic Health Records (EHR) Market: By End User
Based on the end user, the market is segmented into hospitals, clinics, ambulatory surgical/care centres, specialty centres, diagnostics laboratories and other end users. The hospitals end user segment will be hold the highest share in the market. This highest share of this segment is due to rapid adoption of EMR due to low cost software installation in hospitals belonging to developing nations. Also owing to factors such as ease of transfer of patient data among various departments, doctors, various type of patients, and ease of deployment of the service, the market is likely to favour for large healthcare settings like hospitals.
Electronic Health Records (EHR) Market: By Region
Based on the region, the market is segmented into North America, Asia-Pacific, Europe, Middle East and Africa and Central & South America. North America is expected to dominate the market during the forecast period due to government mandates and support for implementing EHR solutions in all the healthcare facilities; the presence of major EHR vendors such as Epic Systems Corporation (US), Cerner Corporation (US), MEDITECH (US), CPSI (US), and Allscripts Healthcare Solutions, Inc. (US) in the region; and the technological advancements in the field of next-generation EHR solutions. Also, unlike other developing regions, North American telemedicine players receive immense monitory support from the government. Furthermore, Asia-Pacific region is expected to grow at a high CAGR during the forecast period. Factors such need for the streamlined healthcare system and the increasing geriatric population with the subsequent rise in prevalence of chronic diseases are expected to drive the growth of this market in Asia-Pacific. The government initiative to develop and maintain healthcare infrastructure, increasing healthcare expenditure are few other key driving forces for the growth of the EHR market in Asia-Pacific.
Electronic Health Records (EHR) Market Share and Competitor Analysis
The key players operating in the electronic health record (EHR) market include: 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, CareCloud, and GE Centricity among others. (Other companies include Elation Health, AugMedix, 3M Company, Toshiba Medical Systems Corp., Hyland Software, Siemens Medical Solutions, McKesson Corporation, Henry Schein, Inc., WRS Health, Kofax Limited, Quest Diagnostics, Kareo Clinical EHR, and SequelMed)
Please note: This is not an exhaustive list of companies profiled in the report.
In May 2020, MEDITECH (US), market share increased with the launch of its EHR system namely, the Expanse platform. Because of the new features of the product the customer base of MEDITECH increased to 600-700 hospitals globally.
In May 2019, NextGen Healthcare (US), launched its updated version of NextGen Mobile app to its enterprise based clients. This update is accessible for any iOS or Android device and allows physicians to offer care from a phone or tablet.
Check the Press Release on Global Electronic Health Records (EHR) Market Report
Electronic Health Records (EHR) Market: By Logical Mode of Storage
- Introduction
- Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- Cloud Based
- Cloud Based: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Client-Server Based
- Client-Server Based: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
Electronic Health Records (EHR) Market: By Physical Mode of Storage
- Introduction
- Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- Integrated
- Integrated: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Standalone
- Standalone: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
Electronic Health Records (EHR) Market: By Component
- Introduction
- Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- Software
- Software: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Services
- Services: Electronic Health Records (EHR) Market, 2020-2026 (USD Million
- Implementation: Electronic Health Records (EHR) Market, 2020-2026 (USD Million), Training and Education
- Troubleshooting & Maintenance: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Network Services: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Training and Education,: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
Electronic Health Records (EHR) Market: By Type
- Introduction
- Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- General
- General: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Advanced
- Advanced: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
Electronic Health Records (EHR) Market: By Application
- Introduction
- Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- Doctor Practice Management
- Doctor Practice Management: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Patient Management
- Patient Management: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Patient Prescription Management
- Patient Prescription Management: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Patient/Doctor Referral Management
- Patient/Doctor Referral Management: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Population Health Management
- Population Health Management: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Revenue Cycle Management
- Revenue Cycle Management: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
Electronic Health Records (EHR) Market: By End-User
- Introduction
- Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Ambulatory Surgical/Care Centres
- Ambulatory Surgical/Care Centres: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Diagnostics laboratories
- Diagnostics laboratories: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Specialty Centres
- Specialty Centres: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Clinics
- Clinics: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Hospitals
- Hospitals: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
- Others
- Others: Electronic Health Records (EHR) Market, 2020-2026 (USD Million)
Electronic Health Records (EHR) Market: By Region
- Introduction
- Global Electronic Health Records (EHR) Market, Regional Analysis, 2020-2026 (USD Million)
- North America
- North America Electronic Health Records (EHR) Market, Regional Analysis, 2020-2026 (USD Million)
- By Logical Mode of Storage
- North America Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- North America Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- North America Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- North America Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- North America Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- North America Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- By Country
- U.S
- By Logical Mode of Storage
- U.S Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- U.S Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- U.S Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- U.S Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- U.S Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- U.S Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Canada.
- By Logical Mode of Storage
- Canada Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Canada Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Canada Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Canada Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Canada Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Canada Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Mexico
- By Logical Mode of Storage
- Mexico Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Mexico Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Mexico Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Mexico Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Mexico Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Mexico Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Europe
- Europe Electronic Health Records (EHR) Market, Regional Analysis, 2020-2026 (USD Million)
- By Logical Mode of Storage
- Europe Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Europe Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Europe Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Europe Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Europe Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Europe Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- By Country
- Germany
- By Logical Mode of Storage
- Germany Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Germany Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Germany Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Germany Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Germany Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Germany Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- UK
- By Logical Mode of Storage
- UK Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- UK Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- UK Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- UK Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- UK Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- UK Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- France
- By Logical Mode of Storage
- France Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- France Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- France Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- France Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- France Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- France Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Italy
- By Logical Mode of Storage
- Italy Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Italy Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Italy Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Italy Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Italy Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Italy Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Rest Of Europe
- By Logical Mode of Storage
- Rest Of Europe Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Rest Of Europe Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Rest Of Europe Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Rest Of Europe Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Rest Of Europe Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Rest Of Europe Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Asia Pacific
- Asia Pacific Electronic Health Records (EHR) Market, Regional Analysis, 2020-2026 (USD Million)
- By Logical Mode of Storage
- Asia Pacific Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Asia Pacific Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Asia Pacific Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Europe Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Asia Pacific Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Asia Pacific Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- By Country
- China
- By Logical Mode of Storage
- China Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- China Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- China Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- China Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- China Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- China Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Japan
- By Logical Mode of Storage
- Japan Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Japan Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Japan Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Japan Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Japan Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Japan Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- India
- By Logical Mode of Storage
- India Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- India Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- India Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- India Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- India Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- India Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Central & South America
- Central & South America Electronic Health Records (EHR) Market, Regional Analysis, 2020-2026 (USD Million)
- By Logical Mode of Storage
- Central & South America Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Central & South America Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Central & South America Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Central & South America Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Central & South America Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Central & South America Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- By Country
- Brazil
- By Logical Mode of Storage
- Brazil Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Brazil Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Brazil Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Brazil Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Brazil Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Brazil Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- Middle East & Africa
- Middle East & Africa Electronic Health Records (EHR) Market, Regional Analysis, 2020-2026 (USD Million)
- By Logical Mode of Storage
- Middle East & Africa Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Middle East & Africa Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Middle East & Africa Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Middle East & Africa Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Middle East & Africa Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Middle East & Africa Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- By Country
- Saudi Arabia
- By Logical Mode of Storage
- Saudi Arabia Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- Saudi Arabia Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- Saudi Arabia Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- Saudi Arabia Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- Saudi Arabia Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- Saudi Arabia Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
- UAE
- By Logical Mode of Storage
- UAE Electronic Health Records (EHR) Market, By Logical Mode of Storage, 2020-2026 (USD Million)
- By Physical Mode of Storage
- UAE Electronic Health Records (EHR) Market, By Physical Mode of Storage, 2020-2026 (USD Million)
- By Component
- UAE Electronic Health Records (EHR) Market, By Component, 2020-2026 (USD Million)
- By Type
- UAE Electronic Health Records (EHR) Market, By Type, 2020-2026 (USD Million)
- By Application
- UAE Electronic Health Records (EHR) Market, By Application, 2020-2026 (USD Million)
- By End-User
- UAE Electronic Health Records (EHR) Market, By End-User, 2020-2026 (USD Million)
The global Electronic Health Records (EHR) Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Electronic Health Records (EHR) Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.