San Francisco, 4 February 2019: The Report Electronic Health Records (EHR) Market Analysis By Product (Client Server-based,
Web-based), By Type (Acute, Ambulatory, Post-Acute) By End-use (Hospitals,
Ambulatory Care), And Segment Forecasts, 2018 - 2025
The global Electronic Health Records (EHR) market is expected to reach USD 33.41 billion by 2025, according
to a new report by Grand View Research, Inc. The government initiatives
undertaken in support of EHR adoption are most likely to accentuate the market
growth.
The federal government introduced Health
Information Technology for Economic and Clinical Health (HITECH) Act in 2009
for promoting usage of EHR amongst healthcare providers. The program included
provision of training and assistance for health information technology (IT)
workers in order to set up EHRs in the hospitals.
The National Health Services (NHS), UK is
planning to convert the documentation process into digitized form completely by
the year 2018. In the U.S., federal government has announced financial
incentives for physicians planning to adopt EHR systems. Any average physician
with at least 30% of his/her patients covered with Medicare is eligible for
incentives worth USD 44,000.
Many region-specific initiatives are
promoting eHealth services. For instance, EUR-Lex gave eHealth action plan for
2012 – 2020, which states the strategies for deployment of eHealth services
amongst European nations.
Access Research Report of Electronic Health Records Market @ www.grandviewresearch.com/industry-analysis/electronic-health-records-ehr-market
Further Key Findings From The Report Suggest:
· Web-based EHR was observed to be the
largest product segment owing to the fact that it can be deployed without
in-house installation of complex hardware infrastructure. Moreover, web-based
EHR is expected to be the fastest growing product segment in the coming years
· Acute care EHR held the majority of EHR
type market share at around 48% in the year 2016; whereas post-acute care EHR
is likely to showcase fastest growth rate over the forecast period
· The hospital use EHR segment accounted for
the largest end-use share due to the excessive adoption rate among hospitals,
whereas ambulatory care EHR is expected to be the fastest growing segment
· As a part of the Health HITECH Act of 2009,
the federal government allocated USD 27 billion for an incentive program,
especially arranged for promoting adoption of EHR in hospitals and ambulatory
care centers
· The EHR industry in Asia Pacific is
projected to display substantial growth over the forecast period owing to
various developments across major economies along with increased expenditure on
healthcare IT. This regional market is expected to grow at a CAGR of 7% from
2017 to 2025
· According to Healthcare Information and
Management Systems Society (HIMSS) analysis adoption model for EHR, more than
2.5% of total hospitals in the Asia Pacific region crossed stage 6 of EHR
implementation by the end of 2016, fueling the regional market growth
· Some of the established key players in this
industry include Cerner; Allscripts; McKesson Corporation; MEDITECH; Epic
Systems Corporation; and NextGen Healthcare. Some of the emerging players are
eClinicalWorks; Healthcare Management System; Healthland; and CureMD
Healthcare; etc.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/healthcare-it
Grand View Research has segmented the
global EHR market on the basis of product, type, end-use, and region:
Product Outlook (Revenue, USD Million, 2014
- 2025)
·
Client Server-based EHR
·
Web-based EHR
Type Outlook (Revenue, USD Million, 2014 -
2025)
·
Acute EHR
·
Ambulatory EHR
·
Post-Acute EHR
End-use Outlook (Revenue, USD Million, 2014
- 2025)
·
Hospitals
·
Ambulatory Care
Regional Outlook (Revenue, USD Million,
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Electronic Health Records Market@ www.grandviewresearch.com/press-release/global-electronic-health-records-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.