New York, United States, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Electronic Health Records (EHRs) are digital records of a patient’s medical history that are stored for medical purposes and can be queried at any time by authorized medical personnel. As defined by the U.S Department of Health and Human Services, EMR is an electronic record of medical information on an individual that can be created, gathered, managed, and consulted by authorized clinicians and staff within one health care organization. Thus, these records make the treatment process more accurate in cases of emergency such as stroke or anaphylaxis attack.
The market is primarily driven by the growing number of patients suffering from chronic and lifestyle disorders, rising geriatric population base, and the surging need for remote monitoring and chronic disease management. Further, government initiatives, such as Europe's eHealth policies, digital agenda, and regional healthcare authorities for paperless documentation, are driving the global market. For instance, in December 2017, AdvancedMD launched a smart dashboard for Advanced EHR, which adds up to the company’s medical office technology platform.
Recent application-based innovations have played a prime role in accelerating market growth. Artificial intelligence (AI), Machine Learning, the Internet of Things (IoT), Internet of Medical Things (IoMT), and Big Data analytics have helped in shaping the digital healthcare market. The advanced algorithm based on AI and machine learning has shown immense potential to analyze complex medical data and predict treatment and care plans for patients.
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Impact of COVID-19
The recent global healthcare crisis triggered by the Coronavirus [andemic has put the EMRs through the extremes. With a huge surge in patient volume, the market leaders are pressurized in innovating and developing a more accurate and faster-paced EMR system that provides a quick narrative about the patient’s medical history and stimulates a faster treatment process.
Report Scope
| Report Metric | Details |
| Market Size | USD 47.6 Million by 2030 |
| CAGR | 5.5% (2022-2030) |
| Historical Data | 2019-2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, Application, Mode of Delivery, End-User, Regions |
| Geographies Covered | North America, Europe, Asia-Pacific, LAME, and the Rest of the World |
| Key Companies Profiled/Vendors | Cerner Corporation (THE U.S.), Google Health (GOOGLE), Epic Systems Corporation (THE U.S.), Allscripts Healthcare Solutions, Inc. (THE U.S.), MEDITECH (THE U.S.), GE Healthcare (THE U.S.), Intersystems Corporation (THE U.S.), Cantata Health (THE U.S.), Advanced-Data Systems Corporation (THE U.S.), CureMD (THE U.S.) |
| Key Market Drivers | A growing number of patients diagnosed with chronic and lifestyle disorders Increasing patient awareness, and favorable government policies |
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Key Highlights
- The global EHR EMR market size was valued at USD 29,395 million in 2021. It is estimated to reach an expected value of USD 47,600 million by 2030, growing at a CAGR of 5.5% during the forecast period (2022–2030).
- The software Segment is expected to be the leading segment in EHR EMR Market during the forecast period.
- North America is expected to hold the highest market share in EHR EMR Market.
Key Players
- Cerner Corporation (THE U.S.)
- Google Health (GOOGLE)
- Epic Systems Corporation (THE U.S.)
- Allscripts Healthcare Solutions, Inc. (THE U.S.)
- MEDITECH (THE U.S.)
- GE Healthcare (THE U.S.)
- NextGen Healthcare (THE U.S.)
- Intersystems Corporation (THE U.S.)
- Cantata Health (THE U.S.)
- Advanced Data Systems Corporation (THE U.S.)
- CureMD (THE U.S.)
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EHR EMR Market: Segmentation
By Product
- Software
- Hardware
- Services
By Application
- Specialty-Based
- Cardiology
- Neurology
- Radiology
- Oncology
- General Applications
By Mode of Delivery
- On-Premise Model
- Cloud-Based
By End-User
- Hospital and Clinics
- Ambulatory Care
- Diagnostic Centers
By Region
- Americas
- Europe
- Asia-Pacific
- The Middle East and Africa
TABLE OF CONTENT
1 Introduction
1.1 Market Definition
1.2 Market Scope
2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources
3 Market Overview
3.1 Report Segmentation & Scope
3.2 Value Chain Analysis: EHR EMR Market
3.3 Key Market Trends
3.3.1 Drivers
3.3.2 Restraints
3.3.3 Opportunities
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of Substitution
3.4.4 Threat of New Entrants
3.4.5 Competitive Rivalry
3.5 Market Share Analysis
3.6 Technological Overview
3.7 Top investment pockets
3.7 Impact of COVID-19 on EHR EMR Market
4 Product Overview
4.1 Introduction
4.1.1 Market Size & Forecast (Value)
4.2 Software
4.2.1 Market Size & Forecast (Value)
4.3 Hardware
4.3.1 Market Size & Forecast (Value)
4.4 Services
4.4.1 Market Size & Forecast (Value)
5 Mode of Delivery Overview
5.1 Introduction
5.1.1 Market Size & Forecast (Value)
5.2 Cloud-Based
5.2.1 Market Size & Forecast (Value)
5.3 On-premises
5.3.1 Market Size & Forecast (Value)
6 Application Overview
6.1 Introduction
6.1.1 Market Size & Forecast (Value)
6.2 Specialty-Based
6.2.1 Market Size & Forecast (Value)
6.2.2 Cardiology
6.2.3 Neurology
6.2.4 Radiology
6.2.5 Oncology
6.2.6 Others
6.3 General Applications
6.3.1 Market Size & Forecast (Value)
7 End-User Overview
7.1 Introduction
7.1.1 Market Size & Forecast (Value)
7.2 Hospital & Clinics
7.2.1 Market Size & Forecast (Value)
7.3 Ambulatory Care
7.3.1 Market Size & Forecast (Value)
7.4 Diagnostic Centers
7.4.1 Market Size & Forecast (Value)
8 Regional Overview
8.1 Introduction
8.1.1 Market Size & Forecast (Value)
8.2 Americas
8.2.1 North America
8.2.1.1 The U.S.
8.2.1.1.1 By Product
8.2.1.1.2 By Mode of Delivery
8.2.1.2 Canada
8.2.1.2.1 By Product
8.2.1.2.2 By Mode of Delivery
8.2.1.3 Mexico
8.2.1.3.1 By Product
8.2.1.3.2 By Mode of Delivery
8.2.2 Central and South America and the Caribbean
8.2.2.1 By Product
8.2.2.2 By Mode of Delivery
8.2.2.2.1 Brazil
8.2.2.2.1.1 By Product
8.2.2.2.1.2 By Mode of Delivery
8.2.2.2.2 Argentina
8.2.2.2.2.1 By Product
8.2.2.2.2.2 By Mode of Delivery
8.2.2.2.3 The Rest of Central and South America and the Caribbean
8.2.2.2.3.1 By Product
8.2.2.2.3.2 By Mode of Delivery
8.3 Europe
8.3.1 Market Size & Forecast (Value)
8.3.2 Western Europe
8.3.2.1 The U.K.
8.3.2.1.1 By Product
8.3.2.1.2 By Mode of Delivery
8.3.2.2 Germany
8.3.2.2.1 By Product
8.3.2.2.2 By Mode of Delivery
8.3.2.3 France
8.3.2.3.1 By Product
8.3.2.3.2 By Mode of Delivery
8.3.2.4 Spain
8.3.2.4.1 By Product
8.3.2.4.2 By Mode of Delivery
8.3.2.5 Italy
8.3.2.5.1 By Product
8.3.2.5.2 By Mode of Delivery
8.3.2.8 The Rest of Western Europe
8.3.2.8.1 By Product
8.3.2.8.2 By Mode of Delivery
8.3.3 Eastern Europe
8.3.3.1 By Product
8.3.3.2 By Mode of Delivery
8.3.4 The Rest of Europe
8.3.4.1 By Product
8.3.4.2 By Mode of Delivery
8.4 Asia-Pacific
8.4.1 Market Size & Forecast (Value)
8.4.2 Japan
8.4.2.1 By Product
8.4.2.2 By Mode of Delivery
8.4.3 China
8.4.3.1 By Product
8.4.3.1 By Mode of Delivery
8.4.4 Australia
8.4.4.1 By Product
8.4.4.2 By Mode of Delivery
8.4.5 India
8.4.5.1 By Product
8.4.5.2 By Mode of Delivery
8.4.6 South Korea
8.4.6.1 By Product
8.4.6.2 By Mode of Delivery
8.4.7 The Rest of Asia-Pacific
8.4.7.1 By Product
8.4.7.2 By Mode of Delivery
8.5 The Middle East & Africa
8.5.1 The Middle East
8.5.1.1 Market Size & Forecast (Value)
8.5.1.2 Saudi Arabia
8.5.1.2.1 By Product
8.5.1.2.2 By Mode of Delivery
8.5.1.3 The UAE
8.5.1.3.1 By Product
8.5.1.3.2 By Mode of Delivery
8.8.1.4 Qatar
8.8.1.4.1 By Product
8.8.1.4.2 By Mode of Delivery
8.8.2 The Africa
8.8.2.1 Market Size & Forecast (Value)
9 Company Profile
9.1 Cerner Corporation
9.1.1 Company Overview
9.1.2 Financial Performance
9.1.3 Recent Developments
9.1.4 Product Portfolio
9.2 Epic Systems Corporation
9.2.1 Company Overview
9.2.2 Financial Performance
9.2.3 Recent Developments
9.2.4 Product Portfolio
9.3 Allscripts Healthcare Solutions, Inc.
9.3.1 Company Overview
9.3.2 Financial Performance
9.3.3 Recent Developments
9.3.4 Product Portfolio
9.4 MEDITECH
9.4.1 Company Overview
9.4.2 Financial Performance
9.4.3 Recent Developments
9.4.4 Product Portfolio
9.5 GE Healthcare
9.5.1 Company Overview
9.5.2 Financial Performance
9.5.3 Recent Developments
9.5.4 Product Portfolio
9.6 NextGen Healthcare
9.6.1 Company Overview
9.6.2 Financial Performance
9.6.3 Recent Developments
9.6.4 Product Portfolio
9.7 Intersystems Corporation
9.7.1 Company Overview
9.7.2 Financial Performance
9.7.3 Recent Developments
9.7.4 Product Portfolio
9.8 Cantata Health
9.8.1 Company Overview
9.8.2 Financial Performance
9.8.3 Recent Developments
9.8.4 Product Portfolio
9.9 Advanced Data Systems Corporation
9.9.1 Company Overview
9.9.2 Financial Performance
9.9.3 Recent Developments
9.9.4 Product Portfolio
9.10 CureMD
9.10.1 Company Overview
9.10.2 Financial Performance
9.10.3 Recent Developments
9.10.4 Product Portfolio
9.11 Google Health (GOOGLE)
9.11.1 Company Overview
9.11.2 Financial Performance
9.11.3 Recent Developments
9.11.4 Product Portfolio
9.12 Others
9.12.1 Company Overview
9.12.2 Financial Performance
9.12.3 Recent Developments
9.12.4 Product Portfolio
8 Conclusion & Recommendations
9 Acronyms & Abbreviations
Table of Content and Figure @ https://straitsresearch.com/report/ehr-emr-market/toc
Market News
- In August 2020, the Indian government under the National Digital Health Blueprint aimed at using technology to improve healthcare delivery across the country and launched an initiative to introduce health ID cards for citizens all across the nation.
- Science 37 launched an Integrated Electronic Health Records that patients using Science 37's technology platform can connect their health record directly. Thus, eliminating paper documentation and streamlining information sharing across platforms.
News Media
Healthcare Sector – An Opportunistic Market for Cyber Insurance
India to Hold the Lion’s Share in the Electronic Medical Records Market
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