Global Electronic Health Record (EHR) Market: By Delivery mode (Cloud Based EHR Software, On-premise EHR Software), Application, End-use and Region - Industry Analysis and Forecast to 2025
An Electronic Health Record (EHR) is a digital version of reports maintained by healthcare professionals. Data related to administration, problems related to medications, patient records are stored digitally and efficiently. An electronic health record is aimed at improving better management care of the patients by catering to accurate and appropriate information during the point of care. It helps in diagnosing patients with minimal errors, reliable prescriptions, and the cost is reduced due to decreased paperwork.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global electronic health record market. The historic years considered for the study are 2016-2018, the base year is 2019, the estimated year is 2020, and the forecast period is 2021-2025.
The global electronic health record market is expected to grow from USD 26.82 billion in 2020 to USD 39.74 billion by 2025 at a CAGR of 5.9%.
Global Electronic Health Record (EHR) Market: Market Dynamics
An electronic health record is a digital version of prescription and diagnosis reports. It contains all data regarding the patients like treatment plans and allergies and also helps in automating and streamlining the workflow in the healthcare setting. Increasing expenditure in the healthcare sector and a rise in the number of chronic diseases are driving the electronic health records market growth. However, higher implementation costs and increased concern regarding patient data safety and security is hampering the growth of the EHR Market. Furthermore, the huge market potential in developing countries is anticipated to offer exciting opportunities in the forecast period.
Global Electronic Health Record (EHR) Market: Segmental Analysis
The global electronic health record market is classified by delivery mode, application, end-use, and region.
Based on the delivery mode, the global electronic health record market is segmented as cloud-based EHR Software and on-premise EHR Software. On-premise EHR software is considered favorable among the patients and physicians due to in-house data storage. It accounted for a huge share in the market in the past. On the other hand, cloud-based EHR Software requires a proper internet network and can be operated without spending on hardware.
Based on the application the global electronic health record market is segmented as E-prescription, Practice Management, Referral Management, Patient Management, and Population Health Management. Practice management and Population management accounted for the highest share over the past years. Eventually, the Referral management component is expected to share a higher CAGR in the forecast period.
Based on end-use, the global electronic health record market is segmented as hospitals, specialty centers, clinics, and ambulatory surgical centers. the clinical electronic health record market is projected to grow at pace during the forecast period, while the hospital electronic health record market dominated in the past.
Global Electronic Health Record (EHR) Market: Regional Analysis
Geographically the pressure-sensitive tapes market is divided into North America, Europe, Latin America, and the Middle East and Africa.
North America’s Electronic Health Record (EHR) Market accounted for the majority of share in 2019. High share was attributed to the accelerating adoption of IT in healthcare. Similarly, various government efforts in guiding and assisting state-level healthcare information technology in the fuelling the market in the region.
The presence of a national technological framework that facilitates EHR solutions will boost the European market in the forecast period. Elevating the use of smart devices and electronic solutions deployment in the region will serve as the impacting factor for market growth.
Global Electronic Health Record (EHR) Market: Competition Scenario
Key players of the Global Electronic Health Record (EHR) Market are 3M Company, Toshiba Medical Systems Corp., Hyland Software, Siemens Medical Solutions, McKesson Corporation, Henry Schein, Inc., Allscripts Healthcare Solutions, Inc., WRS Health, Medical Information Technology, Inc. (Meditech), Cerner Corporation, Quest Diagnostics, GE Healthcare, Epic Systems, SequelMed, Kofax Limited
Critical Questions Answered in the Report
What are the key trends in the global Global Electronic Health Record (EHR) market?
How the market (and its various sub segments) has grown in the last four years and what would be the growth rate in the next five years?
What are the key strategies adopted by the major vendors to lead in the global Global Electronic Health Record (EHR) market?
What is the market share of the top vendors?
The study extensively uses both secondary and primary research methodologies. More than 100 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increasing number of chronic diseases
4.3 Restraints
4.3.1 Concerns regarding data breach
4.4 Porter's Five Forces Model Analysis
4.5 Value Chain Analysis
4.6 Regulatory Landscape
5 Global Electronic Health Record (EHR) Market, By Delivery mode
5.1 Introduction
5.2 Web/Cloud-Based EHR Software
5.3 On-premise EHR Software
6 Global Electronic Health Record (EHR) Market, By Application
6.1 Introduction
6.2 E-prescription
6.3 Practice Management
6.4 Referral Management
6.5 Patient Management
6.6 Population Health Management
7 Global Electronic Health Record (EHR) Market, By End-Use
7.1 Introduction
7.2 Hospitals
7.3 Specialty Centers
7.4 Clinics
7.5 Ambulatory Surgical Centers
8 Global Electronic Health Record (EHR) Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Italy
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 South Korea
8.4.5 Rest of Asia-Pacific
8.5 Middle East and Africa
8.6 South America
9 Competitive Landscape
9.1 Introduction
9.2 Vendor Evaluation Criteria
9.3 Market Share Analysis, 2019 (%)
9.4 Recent Developments, 2016-2019
9.4.1 New Delivery mode Launches
9.4.2 Partnerships
9.4.3 Mergers or Acquisitions
9.4.4 Business Expansions
10 Company Profiles
(This section covers the Business Overview, Financial Overview, Delivery mode, and Type Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
10.1 3M Company
10.2 Toshiba Medical Systems Corp.
10.3 Hyland Software
10.4 Siemens Medical Solutions
10.5 McKesson Corporation
10.6 Henry Schein, Inc.
10.7 Allscripts Healthcare Solutions, Inc.
10.8 WRS Health
10.9 Medical Information Technology, Inc. (Meditech)
10.10 Cerner Corporation
10.11 Quest Diagnostics
10.12 GE Healthcare
10.13 Epic Systems
10.14 SequelMed
10.15 Kofax Limited
11 Appendix
11.1 Discussion Guide
11.2 Customization Options
11.3 Related Reports
List of Tables
Table 1 Global Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 2 Global Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 3 Global Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 4 Global Electronic Health Record (EHR) Market, By Region, 2015-2024 (USD Million)
Table 5 North America Electronic Health Record (EHR) Market, By Country, 2015-2024 (USD Million)
Table 6 North America Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 7 North America Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 8 North America Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 9 US Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 10 US Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 11 US Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 12 Canada Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 13 Canada Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 14 Canada Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 15 Mexico Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 16 Mexico Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 17 Mexico Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 18 Europe Electronic Health Record (EHR) Market, By Country, 2015-2024 (USD Million)
Table 19 Europe Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 20 Europe Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 21 Europe Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 22 Germany Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 23 Germany Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 24 Germany Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 25 UK Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 26 UK Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 27 UK Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 28 France Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 29 France Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 30 France Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 31 Italy Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 32
Table 33 Italy Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 34 Italy Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 35 Spain Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 36 Spain Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 37 Spain Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 38 Rest of Europe Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 39 Rest of Europe Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 40 Rest of Europe Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 41 Asia-Pacific Electronic Health Record (EHR) Market, By Country, 2015-2024 (USD Million)
Table 42 Asia-Pacific Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 43 Asia-Pacific Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 44 Asia-Pacific Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 45 China Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 46 China Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 47 China Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 48 India Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 49 India Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 50 India Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 51 Japan Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 52 Japan Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 53 Japan Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 54 South Korea Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 55 South Korea Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 56 South Korea Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 57 Rest of Asia-Pacific Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 58
Table 59 Rest of Asia-Pacific Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 60 Rest of Asia-Pacific Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 61 Middle East and Africa Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 62 Middle East and Africa Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 63 Middle East and Africa Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
Table 64 South America Electronic Health Record (EHR) Market, By Delivery mode, 2015-2024 (USD Million)
Table 65 South America Electronic Health Record (EHR) Market, By Application, 2015-2024 (USD Million)
Table 66 South America Electronic Health Record (EHR) Market, By End-Use, 2015-2024 (USD Million)
List of Figures
Figure 1 Global Electronic Health Record (EHR) Market: Market Segmentation
Figure 2 Global Electronic Health Record (EHR) Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Data Triangulation
Figure 7 Global Electronic Health Record (EHR) Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Electronic Health Record (EHR) Market: Porter's Five Forces Model Analysis
Figure 9 Global Electronic Health Record (EHR) Market: Value Chain Analysis
Figure 10 Global Electronic Health Record (EHR) Market Share Analysis, By Delivery mode, 2019 and 2024
Figure 11 Global Electronic Health Record (EHR) Market Share Analysis, By Application, 2019 and 2024
Figure 12 Global Electronic Health Record (EHR) Market Share Analysis, By End-Use, 2019 and 2024
Figure 13 Global Electronic Health Record (EHR) Market Share Analysis, By Region, 2019 and 2024
Figure 14 North America Electronic Health Record (EHR) Market Share Analysis, By Country, 2019 and 2024
Figure 15 North America Electronic Health Record (EHR) Market Share Analysis, By Delivery mode, 2019 and 2024
Figure 16 North America Electronic Health Record (EHR) Market Share Analysis, By Application, 2019 and 2024
Figure 17 North America Electronic Health Record (EHR) Market Share Analysis, By End-Use, 2019 and 2024
Figure 18 Europe Electronic Health Record (EHR) Market Share Analysis, By Country, 2019 and 2024
Figure 19 Europe Electronic Health Record (EHR) Market Share Analysis, By Delivery mode, 2019 and 2024
Figure 20
Figure 21 Europe Electronic Health Record (EHR) Market Share Analysis, By Application, 2019 and 2024
Figure 22 Europe Electronic Health Record (EHR) Market Share Analysis, By End-Use, 2019 and 2024
Figure 23 Asia-Pacific Electronic Health Record (EHR) Market Share Analysis, By Country, 2019 and 2024
Figure 24 Asia-Pacific Electronic Health Record (EHR) Market Share Analysis, By Delivery mode, 2019 and 2024
Figure 25 Asia-Pacific Electronic Health Record (EHR) Market Share Analysis, By Application, 2019 and 2024
Figure 26 Asia-Pacific Electronic Health Record (EHR) Market Share Analysis, By End-Use, 2019 and 2024
Figure 27 Middle East and Africa Electronic Health Record (EHR) Market Share Analysis, By Delivery mode, 2019 and 2024
Figure 28 Middle East and Africa Electronic Health Record (EHR) Market Share Analysis, By Application, 2019 and 2024
Figure 29 Middle East and Africa Electronic Health Record (EHR) Market Share Analysis, By End-Use, 2019 and 2024
Figure 30 South America Electronic Health Record (EHR) Market Share Analysis, By Delivery mode, 2019 and 2024
Figure 31 South America Electronic Health Record (EHR) Market Share Analysis, By Application, 2019 and 2024
Figure 32 South America Electronic Health Record (EHR) Market Share Analysis, By End-Use, 2019 and 2024
Figure 33 Global Electronic Health Record (EHR) Market: Competitive Benchmarking
Figure 34 Global Electronic Health Record (EHR) Market: Vendor Share Analysis, 2019 (%)