Global Electronic Health Record Industry 2018 Industry Analysis, Top Players, Revenue and Market Share Report
The report on Electronic Health Record Market by Infinium Global Research analyzes the Electronic Health Record market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global electronic health record market. It will help a lot of decision makers to develop strategies and find new opportunities in the global electronic health record market. According to the report, the global electronic health record market is projected to grow at a CAGR of 5.5% over the forecast period of 2018-2024.
EHR Player Next Gen Eyes Mobile Tech with $34 Million Takeover of Entrada
In April 2017- Next Gen markets electronic health record, practice management, analytics, population health and other technologies, and Entrada’s mobile app integrates with multiple clinical platforms and all major EHRs, the company said.
Because of its mobile functionality and integration with clinical systems, Entrada’s system became an important part of the daily clinical workflow for physicians and other users. Mobile health solutions in the palm of the provider quickly became some of the most valuable real estate in healthcare,” said Rusty Frantz, president and CEO of NextGen Healthcare. Entrada is focused on improving clinical workflows and creating opportunities for additional provider and patient engagement.
Increased Use of Cloud-Based EHR Software to Promote Growth in the Electronic Health Records Market
The use of electronic health records offers many clinical advantages such as fewer medical errors, easier access to clinical data, ability to establish and maintain effective clinical workflows and No bulky paper records to store, manage and retrieve, these aforementioned factors drive the growth of the electronic health record market. The rise in the adoption of the electronic health record, increased use of cloud-based EHR software, the rapid surge in aging population, and subsequent rise in the number of chronic diseases to boost the electronic health records market growth. However, the market growth is limited by high cost of Electronic health record and rise in concerns regarding the patient data safety & security due to increase in cyber-crime. This in turn is curtailing the growth of the electronic health record market. Conversely, the huge market potential in the developing regions and introduction of technologically advanced software is expected to offer further opportunities for market growth during the forecast period.
Fastest Growing Region to Contribute to Growth in the Global Electronic Health Records Market
North America held the largest share in the electronic health records market. Europe and the Asia Pacific are also among the leading contributors of revenue to the global EHR market. The e-Health market has evolved as one of the fastest growing U.S. industries and remained almost unaffected even post-recession scenario. The Asia-Pacific is witnessing the increasing adoption of EHR across hospitals, physician offices, and other healthcare centers and is driven by the presence of a large pool of patients. Emerging economies in Asia Pacific region including China and India have been experiencing strong economic growth.
The report provides profiles of the companies in the global electronic health record market such as Epic Systems Corporation, McKesson Corporation, Allscripts, GE Healthcare, Cerner, CPSI, Medical Information Technology, Inc., Computer Sciences Corporation (CSC), Greenway Health, LLC, and eClinicalWorks.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Electronic Health Record.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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