- December 28, 2019
- Category: Healthcare and LifeSciences, Healthcare IT
Global Electronic Health Record Market Size study, by Product (Cloud-Based Software, Server-Based/On-Premises Software), by Type (Inpatient Electronic Health Record, Ambulatory Electronic Health Record), by Application (Clinical Application, Administrative Application, Reporting in Healthcare System, Healthcare Financing, Clinical Research Application), by End-User (Hospitals, Clinics & Specialty Centers, Other) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Electronic Health Record Market, by Region, 2018-2027 (USD Billion) 1.2.2. Electronic Health Record Market, by Product, 2018-2027 (USD Billion) 1.2.3. Electronic Health Record Market, by Type, 2018-2027 (USD Billion) 1.2.4. Electronic Health Record Market, by Application, 2018-2027 (USD Billion) 1.2.5. Electronic Health Record Market, by End-User, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Electronic Health Record Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Electronic Health Record Market Dynamics 3.1. Electronic Health Record Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Electronic Health Record Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Electronic Health Record Market, by Product 5.1. Market Snapshot 5.2. Global Electronic Health Record Market by Product, Performance - Potential Analysis 5.3. Global Electronic Health Record Market Estimates & Forecasts by Product 2017-2027 (USD Billion) 5.4. Electronic Health Record Market, Sub Segment Analysis 5.4.1. Cloud-Based Software 5.4.2. Server-Based/On-Premises Software Chapter 6. Global Electronic Health Record Market, by Type 6.1. Market Snapshot 6.2. Global Electronic Health Record Market by Type, Performance - Potential Analysis 6.3. Global Electronic Health Record Market Estimates & Forecasts by Type 2017-2027 (USD Billion) 6.4. Electronic Health Record Market, Sub Segment Analysis 6.4.1. Inpatient Electronic Health Record 6.4.2. Ambulatory Electronic Health Record Chapter 7. Global Electronic Health Record Market, by Application 7.1. Market Snapshot 7.2. Global Electronic Health Record Market by Application, Performance - Potential Analysis 7.3. Global Electronic Health Record Market Estimates & Forecasts by Application 2017-2027 (USD Billion) 7.4. Electronic Health Record Market, Sub Segment Analysis 7.4.1. Clinical Application 7.4.2. Administrative Application 7.4.3. Reporting in Healthcare System 7.4.4. Healthcare Financing 7.4.5. Clinical Research Application Chapter 8. Global Electronic Health Record Market, by End-User 8.1. Market Snapshot 8.2. Global Electronic Health Record Market by End-User - Potential Analysis 8.3. Global Electronic Health Record Market Estimates & Forecasts by End-User 2017-2027 (USD Billion) 8.4. Electronic Health Record Market, Sub Segment Analysis 8.4.1. Hospitals 8.4.2. Clinics & Specialty Centers 8.4.3. Other Chapter 9. Global Electronic Health Record Market, Regional Analysis 9.1. Electronic Health Record Market, Regional Market Snapshot 9.2. North America Electronic Health Record Market 9.2.1. U.S. Electronic Health Record Market 18.104.22.168. Product breakdown estimates & forecasts, 2017-2027 22.214.171.124. Type breakdown estimates & forecasts, 2017-2027 126.96.36.199. Application breakdown estimates & forecasts, 2017-2027 188.8.131.52. End-User breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Electronic Health Record Market 9.3. Europe Electronic Health Record Market Snapshot 9.3.1. U.K. Electronic Health Record Market 9.3.2. Germany Electronic Health Record Market 9.3.3. France Electronic Health Record Market 9.3.4. Spain Electronic Health Record Market 9.3.5. Italy Electronic Health Record Market 9.3.6. Rest of Europe Electronic Health Record Market 9.4. Asia-Pacific Electronic Health Record Market Snapshot 9.4.1. China Electronic Health Record Market 9.4.2. India Electronic Health Record Market 9.4.3. Japan Electronic Health Record Market 9.4.4. Australia Electronic Health Record Market 9.4.5. South Korea Electronic Health Record Market 9.4.6. Rest of Asia Pacific Electronic Health Record Market 9.5. Latin America Electronic Health Record Market Snapshot 9.5.1. Brazil Electronic Health Record Market 9.5.2. Mexico Electronic Health Record Market 9.6. Rest of The World Electronic Health Record Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. AdvancedMD, Inc. 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. Allscripts Healthcare Solutions, Inc. 10.2.3. Cerner Corporation 10.2.4. Computer Programs and Systems, Inc. 10.2.5. CureMD Corporation 10.2.6. eClinicalWorks 10.2.7. Epic Systems Corporation 10.2.8. Greenway Health, LLC 10.2.9. Quality Systems, Inc. 10.2.10. GE Healthcare Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global Electronic Health Record Market is valued at approximately USD 27.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.0% over the forecast period 2020-2027. An electronic health record (EHR) is a system that records or store the patient’s health information in a digital format. EHR is becoming increasingly popular in the healthcare sector since this sector is moving on the way to the digitalization. EHR contains all the data associated with the patient’s medical history, such as diagnoses, medication, immunization dates, radiology images, allergies, treatment plans, and test results from laboratories. This system also enables access to evidence-based tools that are increasingly used by healthcare professionals to make quick and effective decisions about a patient’s treatment. EHRs have also assisted to simplify and automate the workflow in a healthcare establishment. This is likely to impel the demand for electronic health records all over the world. Increasing adoption of EHR among the hospitals, ambulatory care centers, and physicians along with the favorable government initiatives to adopt EHR are some are the few factors responsible for the CAGR of the market during the forecast period. For instance: the Health Information Technology for Economic and Clinical Health (HITECH) Act established in 2009, to motivate the execution of EHR. This act was intended at rising overall EHR utilization by providing government support to bridge the gap amongst the end-user and technology. Also, this act granted USD 27 billion to generate an incentive program aimed at endorsing the adoption of EHR among the hospitals and ambulatory care centers. This, in turn, is likely to leverage the market growth across the globe. Although, the recent outbreak of the COVID-19 pandemic has led to a rise in demand for EHR in identifying or monitoring the patient’s medical records, wherein hospitals have been used inpatient EHR to capture and manage the patient’s document. Therefore, this factor is positively influencing the demand for Electronic Health Record in the forthcoming year. However, the high implementation & maintenance cost of EHR is one of the major factors restraining the market growth over the forecast period of 2020-2027.
The regional analysis of the global Electronic Health Record market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the expansion of healthcare IT infrastructure for better quality of care, and the favorable government initiative to promote the adoption of EHR in the region. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the increasing prevalence of chronic diseases such as diabetes & cardiovascular, coupled with improving healthcare infrastructure would create lucrative growth prospects for the Electronic Health Record market across the Asia-Pacific region.
Major market player included in this report are:
Allscripts Healthcare Solutions, Inc.
Computer Programs and Systems, Inc.
Epic Systems Corporation
Greenway Health, LLC
Quality Systems, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Inpatient Electronic Health Record
Ambulatory Electronic Health Record
Reporting in Healthcare System
Clinical Research Application
Clinics & Specialty Centers
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Electronic Health Record Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers