Electronic Health Record Market Size and Forecasts (2020 – 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Installation Type (Cloud-Based and On-Premise), Type (Acute Electronic Health Record Market, Ambulatory Electronic Health Record Market, and Post-Acute Electronic Health Record Market), Application (Clinical Records, Administrative Task and Billing, Physician Support, and Patient Portal), End User (Hospitals and Clinics, Ambulatory Surgical Centers, and Physicians Office/Specialty Care Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America) The Electronic Health Record market is expected to grow from US$ 33,144.25 million in 2022 to US$ 74,233.46 million by 2030; it is estimated to record a CAGR of 10.6% from 2022 to 2030.
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Competitive Landscape: Electronic Health Record Market:
The report highlights prevailing trends and factors driving the market growth. The market growth is attributed to the increasing adoption of electronic health records, rising incentives by the federal government, and growing incidences of medication errors, which drive the Electronic Health Record market size and growth. Additionally, combining electronic health records with artificial intelligence and voice recognition is likely to emerge as a significant trend in the market during the forecast period. However, concerns regarding data privacy hinder market growth during the forecast period 2022-2030.Rising Incentives by the Federal Government drive the market in the forecast period.The government has invested billions in training health information technology workers and founding regional extension centers to provide technical advice. In 2009, as part of the Health Information Technology for Economic and Clinical Health (HITECH) Act, the federal government reserved US$ 27 billion for an incentive program that motivates hospitals and providers to implement Electronic Health Records systems that would enable the health data historically confiscated in paper files to be shared among providers and use to improve the healthcare quality.
- Oracle Corp
- AltexSoft Inc
- Veradigm Inc
- Greenway Health LLC
- eClinicalWorks LLC
- Infor-Med Inc
- Microwize Technology Inc
- Athenahealth Inc
- ChipSoft BV
- com Inc
- AdvancedMD Inc
- PracticeSuite Inc.
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