The global electronic health records (EHR) market is anticipated to grow at a CAGR of 4.7% during the forecast period (2024-2031). The key companies across the globe are highly inclined towards the adoption of different growth strategies including capacity expansion, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For instance, in April 2021, Cerner Corp. had acquired Kantar Health, for approximately $375 million. This acquisition had combined Cerner’s collection of real-world data & technology and Kantar’s life sciences expertise and driven innovation in life sciences research and improved patient outcomes across the globe. Besides, in March 2021, athenahealth has announced the launch of athenaOne Medical solution, an EHR coding solution that could mitigate clinician coding-related work and ultimately reduce clinician burnout.
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In November 2020, CompuGroup Medical (CGM), a healthcare practice management software solution provider, has signed an agreement to acquire 100% shares of eMDs, an EHR and practice management solutions provider. The acquisition was done for around $240 million. In addition, eMDs, Inc., has acquired Aprima Medical Software, a provider of electronic health record (EHR) and practice management (PM) software. Thus, the technology of eMDs and Aprima Medical solution, both offered a powerful and comprehensive portfolio of solutions to CompuGroup Medical.
Apart from it, in October 2020, Epic Systems has announced the launch of Epic EHR solutions for more than no countries and many states that wanted to implement the EHR systems between the first and second wave of the COVID-19 pandemic. However, the new product launches, innovations in products, mergers and acquisition, partnerships, and collaboration done by the major players is to fuel the growth of the EHR market during the forecast period.
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Market Coverage
- Segment Covered-
o By Installation
o By End-User
o By Business Size
o By Deployment
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Cerner corp., Epic system corp., Allscripts Healthcare LLC, NXGN Management, LLC, GE Healthcare, eClinicalworks, LLC, Athenahealth, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global EHR Market Report Segment
By Installation
- Web-Based
- Client Based
By End-User
- Hospitals
- Physician Offices
- Ambulatory Services
- Laboratory and Diagnosis Centers
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