Electronic Health Record Market 2025 Report by Key Growth Drivers, Challenges, Leading Key Players Review

Electronic Health Record Market size was valued at USD 20.55 billion in 2016 and is expected to reach USD 33.41 billion by 2025. EHR are the summary of the numerous electronic medical records which are produced throughout any clinical encounter. An Electronic health records supplies a wide variety of data such as, medication, laboratory test results, and medical history, demographics and diagnostic images.

 

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Market Synopsis of Electronic Health Record Market:

 

Important advantages linked with electronic health records systems coupled with financial incentives offered by government of different countries are expected to become the chief factors driving the expansion of EHR (Electronic health records) market globally. Benefits from EHR system comprises updated patient information, accurate patient information, decreased healthcare services cost in extended term, rapid access to customer associated data, decreased medical errors, amplified patient involvement and enhanced competence of healthcare service offerings. These compensations encourage healthcare service providers to provide their services with technically superior (Electronic health records) EHR systems, which is expected to drive the industry growth over the forecast period. Over the anticipated period the financial enticement by governments in developing and developed countries is expected to continue to, propel the growth of Electronic health records market.

 

On the basis of installation type the Electronic health records market can be segregated into three prominent sections that are software as services, client server based and web based. Growing technical advancement in the field of data access through smart phones, increasing demand for improved quality and efficiency in service delivery coupled with increasing disposable income of customer across the world are expected to drive the growth of electronic health record market, by installation type. Web based Electronic health records systems are being admired more and more between medical professionals owing to its reduced operational costs. The client server based Electronic health records systems includes up-front setting up fees, which is expected to be the major challenge among medium size practices and small practices. The software as a service section is expected to grow at a fast pace over the given period owing to fact that Software as a service (SaaS) is attaining better inclination between physicians as it is capable of offering small upfront costs and eliminating technical glitches.

 

Overall, by taking into consideration the installation type of electronic health record systems, the client server supported EHR aid in achieving more power on both the data as well as the software. Likewise, the expenditure also gets decreased notably in web-based electronic health record systems and the data gets stored up involuntarily by the vendor. The stored data can be administered from anywhere on the globe. Software as a service (SaaS) electronic health record systems are characteristically advantageous for older physicians or standalone centres who are into the industry for last few years in direction to evade the penalty charged by the government authorities.

 

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Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Electronic Health Record: Market Variables, Trends & Scope              

Chapter 4 Electronic Health Record: Product Estimates & Trend Analysis

Chapter 5 Electronic Health Record: Application Estimates & Trend Analysis

Chapter 6 Electronic Health Record: End-use Estimates & Trend Analysis

Chapter 7 Electronic Health Record: Industrial End-use Estimates & Trend Analysis

Chapter 8 Electronic Health Record: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Electronic Health Record: Manufacturers Company Profiles

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