Electronic Medical Record Market is estimated to be US$ 45.2 billion by 2034; Growing Acceptance and Preference for an All-Digital Patient Health Report as well as Digital Record of Patient Medical Histories to Propel the Market Growth

The Electronic Medical Record Market focuses on delivering the patient’s records digitally and providing patient-centered records safely and instantly to the authorized users. It also keeps an account of the medical and treatment histories of the patients.

The increase in the adoption rate of EHR (Electronic Health Record) and the combination of healthcare information technology (HCIT) is the major key factor responsible for the growth of the target market. The constant increase in the number of chronic disease as well as the growth of the geriatric population is another factor which is expected to propel the growth of the Electronic Medical Record Market.

The report “Electronic Medical Record Market, By Mode of Delivery (Web/Cloud based System and On Premise System), By Component (Services, Software and Hardware), By End user (Hospitals, Ambulatory Care Centers, Clinics and Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034”

Key Highlights:

• In February 2019, Athenahealth incorporated HIPAA risk analysis tool to the EHR app store. It helps in a streamline security risk analysis.
• In August 2016, Allscripts and Hospital IQ, Inc. joined hands into a strategic collaboration to make Hospital IQ’s analytics platform available to the clients of Allscripts SunriseTM and Allscripts EPSiTM. This helps the Allscripts customers in saving money as well as improving the quality of care.

Analyst View:

The key factor driving the growth of the Electronic Medical Record Market is the growing acceptance and preference for an all-digital patient health report as well as digital record of the medical and treatment histories. The constant increase in the number of chronic diseases and geriatric diseases is another factor leading to the growth of the target market. Moreover, the increasing trend of cloud-based EHR software as well as numerous government initiatives to prepare all-digital health records of patients are contributing a lot towards the growth of the Electronic Medical Record Market.  

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Electronic Medical Record Market, By Mode of Delivery (Web/Cloud based System and On Premise System), By Component (Services, Software and Hardware), By End user (Hospitals, Ambulatory Care Centers, Clinics and Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Electronic Medical Record Market accounted for US$ 3026 billion in 2024 and is estimated to be US$ 45.2 billion by 2034 and is anticipated to register a CAGR of 4.10%. The Electronic Medical Record Market is segmented based on Mode of Delivery, By Component, End User and by Region.

• Based on Mode of Delivery, the Electronic Medical Record Market is segmented into Web/Cloud based System and On Premise System.
• By Component, the Electronic Medical Record Market is segmented into Services, Software and Hardware.
• By End User, the Electronic Medical Record Market is segmented into Hospitals, Ambulatory Care Centers, Clinics and Others.
• By Region, the Electronic Medical Record Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of the Electronic Medical Record System Market:

The prominent players operating in the Electronic Medical Record Market include, Athenahealth, Inc., Greenway Health, Medical Information Technology, LLC, Allscripts Healthcare Solutions, Inc., 4medica, McKesson Corporation, Cerner corporation, GE Healthcare and NextGen Healthcare Information Systems.

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