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Electronic Health Records (EHR) Market (Size of USD 23.2 Billion in 2017) to Witness 7.2% CAGR during 2018– 2024

The global electronic health records (EHR) market was estimated at USD 23.2 billion in 2017, and is expected to reach USD 37.7 billion by 2024. The primary driving force for the growth of the market includes the rise in adoption rate of EHR, incorporation of Healthcare information technology (HCIT), and the growing geriatric population with the subsequent rise in number of chronic diseases. The government initiatives to go paperless for documentation of healthcare data, and the growing trend of cloud-based EHR software in the industry is expected to grant opportunities to key players of the market.

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Electronic Health Records (EHR) Market (Size of USD 23.2 Billion in 2017) to Witness 7.2% CAGR during 2018– 2024

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  1. Electronic Health Records (EHR) Market enquiry@vynzresearch.com www.vynzresearch.com

  2. Industry Overview • Electronic Health Records, more commonly known as EHR are digitalized collection of patient’s health records. These EHR are used by healthcare providers to analyze the clinical information and facilitate the suitable healthcare options. Global EHR market was projected at USD 23.2 billion in 2017. The EHR market provides healthcare facility by web based/cloud based, and client based server mode of delivery options. Among the available categories, the web based mode of delivery is high in demand, leading to its larger share of 51.1% in the global EHR market in 2017. • Explore Full Report Description at: https://www.vynzresearch.com/healthcare/electronic-health-records-ehr-market

  3. market segmentation • The different EHR products offered in the market include EHR solutions and EHR services. EHR solutions are further sgmented into integrated and standalone solution. EHR Services market is categorized into support and maintenance, implementation, network, and training and education services.

  4. Geographic Overview • North American EHR market held the largest share in 2017, majorly due to factors such as rise in adoption rate of EHR, incorporation of HCIT in healthcare, presence of several major players in the region. The government is also focused on to reduce the rising healthcare cost expense that will further drive the growth of the market in the region.

  5. Competition among keyplayers • In October 2017, GE Healthcare received Carequality certification to enable seamless data sharing by its ambulatory EHR customers with thousands of hospitals, physician practices, payer networks, vendors and consumer services nationally.  • In January 2017, Cerner Corporation announced the University of Missouri Health Care will extend Cerner’s HealtheIntentpopulation health management platform across the Health Network of Missouri (HNM), which is a collaborative effort of six independent health care organizations that uses different EHR systems. • Similarly, other leading players in the global EHR market are providing integrated solutions across organizations for the coordination and care management of patients. • Key players of the global EHR market include McKesson Corporation, Cerner Corporation, Epic Systems Corporation, NextGen Healthcare Information Systems, LLC, GE Healthcare, Greenway Health, LLC, eClinicalWorks, and athenahealth Inc.

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