Technological advances in electronic health records market to increase patient’s access to medical data for healthcare professionals, boosting their ability to offer better outcomes
Healthcare providers in developed regions receive huge incentives for transition to electronic health record systems, software as services segment proving to be cost-effective
ALBANY, N.Y. » Aug. 12, 2020 » electronic health records
, /PRNewswire/ — Electronic health records (EHRs) comprise digital forms of patient records that include wide range of information related to patient’s medical history, test results, and treatment plans. Clinicians in private clinics, hospitals, and ambulatory surgery centers are leveraging to drive better patient engagement and outcomes, manage chronic diseases, and potential health threats to various populations. These gains are based on high productivity and efficiency of EHRs, high accuracy, less chances of error, and automated access to patients’ data for managing population health issues.
Analysts at TMR largely concur that growing awareness of the aforementioned benefits, coupled with substantial governments’ incentives in the developing world, will help the electronic health records market to garner CAGR of 4.8% from 2019 to 2027. The projected valuation will be by the end of 2027.
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Key Findings of Electronic Health Records Market Report
Explore 109 pages of top-notch research, incisive insights, and detailed country-level projections on Electronic Health Records Market (Installation Type – Web-based, Client Server-based, and Software as Services; End Users – Hospitals, Physicians Office, Ambulatory Surgery Centers) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027 at
Electronic Health Records » Market: Key Driving Factors and Promising Avenues
Healthcare facilities in developed as well as developing nations have been increasingly transitioning to electronic health records system. Big ones have been early adopters, and the benefits and incentives to deploy such systems have hastened the adoption in small-sized healthcare providers. The following shape the key growth dynamics of the electronic health records market.
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Electronic Health Records Market: Competitive Assessment
The electronic health records market features a high degree of consolidation of market shares among few players. Most companies are either looking to expand their EHR portfolio, or consolidating their presence in various geographies. Some industry players are keen on getting into collaborations with academia to improve the performance of these systems, and further unveiling innovative products.
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Several players in the electronic health records market are striving to increase the interoperability of these with the existing digital health systems.
Some of the well-entrenched players in the electronic health records market are Advanced MD, Greenway Health, LLC, eClinical Works, DXC Technology Company, Cerner Corporation, and All Scripts Healthcare, LLC.
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The » Electronic Health Records Market » can be segmented as follows:
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