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Electronic Health Records (EHR) Market Size, Growth and Forecast 2019-2026

Press release   •   Jan 08, 2020 13:12 EST

The global ​electronic health records (EHR) market size was worth $25.15 billion in 2018, and is expected to generate $37.19 billion by 2026, registering a CAGR of 8.1% from 2019 to 2026.

Increase in acceptance of cloud-based EHR software worldwide, surge in incidence of chronic diseases, and rise in ageing population drive the growth of the global EHR market. However, expensive EHR software and rise in concerns regarding data security & safety hinder the growth of the industry. On the other hand, untapped potential in emerging countries create lucrative opportunities in the future.

The report analyzes and forecasts the electronic health records (EHR) market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global electronic health records (EHR) market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

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The study provides a decisive view of the electronic health records (EHR) market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of electronic health records (EHR) market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

The Electronic Health Records (EHR) market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Electronic Health Records (EHR) market for the base year 2018 and the forecast between 2019 and 2025. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Electronic Health Records (EHR) market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electronic Health Records (EHR) market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Electronic Health Records (EHR) market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Electronic Health Records (EHR) market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Electronic Health Records (EHR) market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Electronic Health Records (EHR) industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

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Key Players

The list of key players profiled in this report include Advanced MD, Inc., Allscripts Healthcare Solutions, Inc., Cerner Corporation, Computer Programs and Systems, Inc., CureMD Corporation, eClinicalWorks, Epic Systems Corporation, General Electric Company, Greenway Health, LLC, and Quality Systems, Inc.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Electronic Health Records (EHR) market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Electronic Health Records (EHR) market. These factors have benefited the growth of the global market for Electronic Health Records (EHR). Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Electronic Health Records (EHR). The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

Segmentation:

By Product

  • Cloud-Based Software
  • Server-Based/ On-Premise Software

By Type

  • Inpatient EHR
  • Ambulatory EHR

By Application

  • Clinical Application
  • Administrative Application
  • Reporting in Healthcare System
  • Healthcare Financing
  • Clinical Research Application

By End User

  • Hospital
  • Clinics
  • Specialty Centers
  • Other End Users

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Saudi Arabia
    • Rest of LAMEA

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

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The study objectives of this report are:

  • To analyze and study the global electronic health records (EHR) capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
  • Focuses on the key electronic health records (EHR) manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Content

CHAPTER 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. Key Findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies, 2016-2018
3.2.3. Market share analysis, 2016

3.3. MARKET DYNAMICS

3.3.1. Drivers

3.3.1.1. Rise in adoption of EHR
3.3.1.2. Increase in use of cloud based EHR software
3.3.1.3. Rapid growth in aging population and subsequent rise in the number of chronic diseases

3.3.2. Restraints

3.3.2.1. Increase in concerns related to patient data safety & security
3.3.2.2. High cost of EHR

3.3.3. Opportunities

3.3.3.1. Huge market potential in the developing regions

3.3.4. Impact Analysis

CHAPTER 4: ELECTRONIC HEALTH RECORD MARKET BY PRODUCT

4.1. Overview

4.1.1. Market size and forecast

4.2. Server-Based/ On-Premise Software

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market size and forecast, by country

4.3. Cloud-Based EHR Software

4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market size and forecast, by country

CHAPTER 5: ELECTRONIC HEALTH RECORDS MARKET, BY TYPE

5.1. Overview

5.1.1. Market size and forecast

5.2. Inpatient EHR

5.2.1. Market size and forecast, by region
5.2.2. Market size and forecast, by country

5.3. Ambulatory EHR

5.3.1. Market size and forecast, by region
5.3.2. Market size and forecast, by country

CHAPTER 6: ELECTRONIC HEALTH RECORDS MARKET BY APPLICATION

6.1. Overview

6.1.1. Market size and forecast

6.2. Clinical Application

6.2.1. Market size and forecast, by region
6.2.2. Market size and forecast, by country

6.3. Administrative Application

6.3.1. Market size and forecast, by region
6.3.2. Market size and forecast, by country

6.4. Reporting in Healthcare System

6.4.1. Market size and forecast, by region
6.4.2. Market size and forecast, by country

6.5. Healthcare Financing

6.5.1. Market size and forecast, by region
6.5.2. Market size and forecast, by country

6.6. Clinical Research Application

6.6.1. Market size and forecast, by region
6.6.2. Market size and forecast, by country

CHAPTER 7: ELECTRONIC HEALTH RECORDS MARKET BY END USER

7.1. Overview

7.1.1. Market size and forecast

7.2. Hospitals

7.2.1. Market size and forecast, by region
7.2.2. Market size and forecast, by country

7.3. Clinics

7.3.1. Market size and forecast, by region
7.3.2. Market size and forecast, by country

7.4. Specialty centers

7.4.1. Market size and forecast, by region
7.4.2. Market size and forecast, by country

7.5. Other end users

7.5.1. Market size and forecast, by region
7.5.2. Market size and forecast, by country

CHAPTER 8: ELECTRONIC HEALTH RECORDS MARKET, BY REGION

8.1. Overview

8.1.1. Market size and forecast

8.2. North America

8.2.1. Key market trends, growth factors, and opportunities
8.2.2. Market size and forecast, by country

8.2.2.1. U.S.

8.2.2.1.1. U.S. EHR market, by product
8.2.2.1.2. U.S. EHR market, by type
8.2.2.1.3. U.S. EHR market, by application
8.2.2.1.4. U.S. EHR market, by end user

8.2.2.2. Canada

8.2.2.2.1. Canada EHR market, by product
8.2.2.2.2. Canada EHR market, by type
8.2.2.2.3. Canada EHR market, by application
8.2.2.2.4. Canada EHR market, by end user

8.2.2.3. Mexico

8.2.2.3.1. Mexico EHR market, by product
8.2.2.3.2. Mexico EHR market, by type
8.2.2.3.3. Mexico EHR market, by application
8.2.2.3.4. Mexico EHR market, by end user

8.2.3. North America EHR market, by product
8.2.4. North America EHR market, by type
8.2.5. North America EHR market, by application
8.2.6. North America EHR market, by end user

8.3. Europe

8.3.1. Key market trends, growth factors, and opportunities
8.3.2. Market size and forecast, by country

8.3.2.1. UK

8.3.2.1.1. UK EHR market, by product
8.3.2.1.2. UK EHR market, by type
8.3.2.1.3. UK EHR market, by application
8.3.2.1.4. UK EHR market, by end user

8.3.2.2. Germany

8.3.2.2.1. Germany EHR market, by product
8.3.2.2.2. Germany EHR market, by type
8.3.2.2.3. Germany EHR market, by application
8.3.2.2.4. Germany EHR market, by end user

8.3.2.3. France

8.3.2.3.1. France EHR market, by product
8.3.2.3.2. France EHR market, by type
8.3.2.3.3. France EHR market, by application
8.3.2.3.4. France EHR market, by end user

8.3.2.4. Spain

8.3.2.4.1. Spain EHR market, by product
8.3.2.4.2. Spain EHR market, by type
8.3.2.4.3. Spain EHR market, by application
8.3.2.4.4. Spain EHR market, by end user

8.3.2.5. Rest of Europe

8.3.2.5.1. Rest of Europe EHR market, by product
8.3.2.5.2. Rest of Europe EHR market, by type
8.3.2.5.3. Rest of Europe EHR market, by application
8.3.2.5.4. Rest of Europe EHR market, by end user

8.3.3. Europe EHR market, by product
8.3.4. Europe EHR market, by type
8.3.5. Europe EHR market, by application
8.3.6. Europe EHR market, by end user

8.4. Asia-Pacific

8.4.1. Key market trends, growth factors, and opportunities
8.4.2. Market size and forecast, by country

8.4.2.1. Japan

8.4.2.1.1. Japan EHR market, by product
8.4.2.1.2. Japan EHR market, by type
8.4.2.1.3. Japan EHR market, by application
8.4.2.1.4. Japan EHR market, by end user

8.4.2.2. China

8.4.2.2.1. China EHR market, by product
8.4.2.2.2. China EHR market, by type
8.4.2.2.3. China EHR market, by application
8.4.2.2.4. China EHR market, by end user

8.4.2.3. India

8.4.2.3.1. India EHR market, by product
8.4.2.3.2. India EHR market, by type
8.4.2.3.3. India EHR market, by application
8.4.2.3.4. India EHR market, by end user

8.4.2.4. Australia

8.4.2.4.1. Australia EHR market, by product
8.4.2.4.2. Australia EHR market, by type
8.4.2.4.3. Australia EHR market, by application
8.4.2.4.4. Australia EHR market, by end user

8.4.2.5. Rest of Asia-Pacific

8.4.2.5.1. Rest of Asia-Pacific EHR market, by product
8.4.2.5.2. Rest of Asia-Pacific EHR market, by type
8.4.2.5.3. Rest of Asia-Pacific EHR market, by application
8.4.2.5.4. Rest of Asia-Pacific EHR market, by end user

8.4.3. Asia-Pacific EHR market, by product
8.4.4. Asia-Pacific EHR market, by type
8.4.5. Asia-Pacific EHR market, by application
8.4.6. Asia-Pacific EHR market, by end user

8.5. LAMEA

8.5.1. Key market trends, growth factors, and opportunities
8.5.2. Market size and forecast, by country

8.5.2.1. Brazil

8.5.2.1.1. Brazil EHR market, by product
8.5.2.1.2. Brazil EHR market, by type
8.5.2.1.3. Brazil EHR market, by application
8.5.2.1.4. Brazil EHR market, by end user

8.5.2.2. South Africa

8.5.2.2.1. South Africa EHR market, by product
8.5.2.2.2. South Africa EHR market, by type
8.5.2.2.3. South Africa EHR market, by application
8.5.2.2.4. South Africa EHR market, by end user

8.5.2.3. Saudi Arabia

8.5.2.3.1. Saudi Arabia EHR market, by product
8.5.2.3.2. Saudi Arabia EHR market, by type
8.5.2.3.3. Saudi Arabia EHR market, by application
8.5.2.3.4. Saudi Arabia EHR market, by end user

8.5.2.4. Rest of LAMEA

8.5.2.4.1. Rest of LAMEA EHR market, by product
8.5.2.4.2. Rest of LAMEA EHR market, by type
8.5.2.4.3. Rest of LAMEA EHR market, by application
8.5.2.4.4. Rest of LAMEA EHR market, by end user

8.5.3. LAMEA EHR market, by product
8.5.4. LAMEA EHR market, by type
8.5.5. LAMEA EHR market, by application
8.5.6. LAMEA EHR market, by end user

CHAPTER 9 COMPANY PROFILES

9.1. AdvancedMD, Inc.

9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Operating business segments
9.1.4. Key strategic moves and developments

9.2. ALLSCRIPTS HEALTHCARE SOLUTIONS, INC.

9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Operating business segments
9.2.4. Business performance
9.2.5. Key strategic moves and developments

9.3. Cerner Corporation

9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Operating business segments
9.3.4. Business performance
9.3.5. Key strategic moves and developments

9.4. COMPUTER PROGRAMS AND SYSTEMS, INC.

9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Operating business segments
9.4.4. Business performance
9.4.5. Key strategic moves and developments

9.5. CureMD Corporation

9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Operating business segments

9.6. eClinicalWorks

9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Operating business segments
9.6.4. Key strategic moves and developments

9.7. EPIC SYSTEMs CORPORATION

9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Operating business segments

9.8. General Electric Company

9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Business performance

9.9. Greenway Health, LLC

9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Operating business segments
9.9.4. Key strategic moves and developments

9.10. QUALITY SYSTEMS, INC.

9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Operating business segments
9.10.4. Business performance

9.10.5. Key strategic moves and developments