Electronic Health Records (EHR) Market Share: Market Share and Growth Analysis
The electronic health records market share has been steadily growing over the past few years, and its share in the healthcare industry is expected to continue expanding. With the increasing adoption of digital technologies in healthcare, EHR systems have become an essential tool for healthcare providers to streamline their operations, improve patient care, and enhance overall efficiency.
One of the key factors driving the growth of the EHR market share is the need for interoperability and data exchange among different healthcare entities. As healthcare organizations strive to create a connected ecosystem where patient information can be seamlessly shared between hospitals, clinics, laboratories, and other stakeholders, EHR systems play a crucial role in facilitating this data exchange. This demand for interoperability has led to increased investments in EHR solutions that can integrate with various systems and enable efficient communication between different healthcare providers.
Furthermore, government initiatives and regulations have also played a significant role in shaping the EHR market share. Many countries have implemented policies that encourage or even mandate the adoption of electronic health records These policies have not only accelerated the adoption of EHR systems but have also driven innovation in the development of advanced features and functionalities to meet the evolving needs of healthcare organizations.
The Electronic Health Records [EHR] Market size was esteemed at US$ 27.88 billion in 2022 and is projected to reach US$ 45.80 billion by 2030, enlisting a CAGR of 6.4% from 2023 to 2030.
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KEY MARKET SEGMENTATION:
By Installation type:
- Cloud-based
- On-Premise
By Type:
- Acute EHR
- Ambulatory EHR
- Post-Acute EHR
By Application:
- Clinical Application
- Administrative Application
- Reporting in Healthcare System
- Healthcare Financing
- Clinical Research Application
By End-User:
- Hospitals
- Diagnostics and Imaging centers
- Ambulatory care centers
- Pharmacies
Some of the major key players are as follows: Cerner Corporation (Oracle), GE Healthcare, Allscripts Healthcare, LLC, McKesson Corporation, Epic Systems Corporation, NextGen Healthcare, Inc., eClinicalWorks, Medical Information Technology, Inc., Health Information Management Systems, CPSI, AdvancedMD Inc., CureMD Healthcare, Greenway Health LLC, and other players.
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