Electronic Health Records Market: Leading Regions and Market Trends

Geographical Segmentation and Growth Analysis

The electronic health records (EHR) market is set to grow by $ 24.19 billion, decelerating at a CAGR of almost 12.48% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.


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Electronic Health Records Market: North America to lead market growth during the forecast period

  • Based on our Geographical Segmentation, North America is projected to contribute 40% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the electronic health records market size
  • This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. One of the factors that will drive growth is the benefits of ehr leading to rise in adoption.  Our analysis will thus enable clients to assess their play in the market and design further growth opportunities.
  • The electronic health records market is segmented by Deployment (On-premise and Cloud-based), Component (Services, Software, and Hardware), and Geography (North America, Europe, Asia, and ROW). Each segment and sub-segment is analyzed at depth to derive market insights and forecast growth projections.

Electronic Health Records Market to Post Incremental Growth of $ 24.19 Billion During 2021-2025 | Key Geographies that will Drive Growth

Electronic Health Records Market: Competitive Landscape

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AdvancedMD Inc., Allscripts Healthcare Solutions Inc., athenahealth Inc., Cerner Corp., CureMD.com Inc., Epic Systems Corp., Greenway Health LLC, McKesson Corp., Medical Information Technology Inc., and Siemens Healthineers AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is decelerate at a CAGR of 12.48%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 24.19 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Benefits of EHR leading to rise in adoption will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, Asia, and ROW are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    40% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are AdvancedMD Inc., Allscripts Healthcare Solutions Inc., athenahealth Inc., Cerner Corp., CureMD.com Inc., Epic Systems Corp., Greenway Health LLC, McKesson Corp., Medical Information Technology Inc., and Siemens Healthineers AG
     
  7. What are the market segments covered in this report?
    The market is segmented by Deployment (On-premise and Cloud-based), Component (Services, Software, and Hardware), and Geography (North America, Europe, Asia, and ROW).

Market Segmentation by Deployment

    • Electronic Health Records Market Split by Deployment
      • On-premise
      • Cloud-based
    • Electronic Health Records Market Split by Component
      • Services
      • Software
      • Hardware
    • Electronic Health Records Market Split by Geography
      • North America
      • Europe
      • Asia
      • ROW

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • AdvancedMD Inc.
  • Allscripts Healthcare Solutions Inc.
  • athenahealth Inc.
  • Cerner Corp.
  • CureMD.com Inc.
  • Epic Systems Corp.
  • Greenway Health LLC
  • McKesson Corp.
  • Medical Information Technology Inc.
  • Siemens Healthineers AG

 

Electronic Health Records Market Size to Grow by USD 14.06 bn During 2020-2024

Technavio has been monitoring the electronic health records market and it is expected to grow by USD 14.06 bn, accelerating at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Electronic Health Records Market: North America to lead market growth during the forecast period

  • 44% of the market growth will originate from North America during the forecast period.
  • Rising demand for self-medication and homecare medical devices will be a key trend that will influence market growth significantly.
  • The Benefits of ehr will be a significant factor in driving the growth of the electronic health records market.

Electronic Health Records Market to Post Incremental Growth of $ 24.19 Billion During 2021-2025 | Key Geographies that will Drive Growth

Electronic Health Records Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AdvancedMD Inc., Allscripts Healthcare Solutions Inc., athenahealth Inc., Cerner Corp., CureMD.com Inc., Epic Systems Corp., Greenway Health LLC, McKesson Corp., Medical Information Technology Inc., and and Siemens Healthineers AG. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

Electronic Health Records Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive electronic health records market growth during the next five years
  • Precise estimation of the electronic health records market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electronic health records market industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electronic health records market vendors

Technavio has been monitoring the global electronic health records market and it is expected to grow by USD 14.06 billion progressing at a CAGR of  9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Electronic Health Records Market to Post Incremental Growth of $ 24.19 Billion During 2021-2025 | Key Geographies that will Drive Growth

Electronic Health Records: Rising Demand for Self-medication and Homecare Medical Devices to Drive Market Growth

North America will offer several growth opportunities to market vendors during the forecast period. 44% of the market growth will originate from North America during the forecast period. The US and Canada are the key markets for the electronic health records market in North America.  Factors such as the benefits of electronic health records will offer immense growth opportunities. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the electronic health records market size.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. 

Electronic Health Records Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AdvancedMD Inc., Allscripts Healthcare Solutions Inc., athenahealth Inc., Cerner Corp., CureMD.com Inc., Epic Systems Corp., Greenway Health LLC, McKesson Corp., Medical Information Technology Inc., and Siemens Healthineers AG.are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Electronic Health Records Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive Electronic Health Records Market growth during the next five years
  • Precise estimation of the Electronic Health Records Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electronic health records industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Electronic Health Records Market vendors
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