The Global Electronic Health Records Market is emerging its market demand due to rising medical error and digital health solutions
Electronic Health Records
The global electronic health records market size expected to increase market value by USD 35.82 billion with exponential CAGR in the forecast period from 2020-2027. The emerging demand for the global electronic health records market is rising due to the growing medical health infrastructure, emerging technology, and increasing digital health solutions propelling the market share.
The medical institutions using information-based means to record the conditions, clinical diagnosis, and treatment of outpatients, inpatients, and helps in guiding the intervention process following unified specifications and codes. The content includes the records of various examinations received by the patient in the hospital, the treatment records made by the physician for the patient, and the care records for the patient.
Moreover, electronic health records contain rich clinical data and experience used for accelerating the research. It helps in improving the mutual sharing of electronic medical records in the medical system to alleviate the current problem of insufficient medical resources and uneven distribution.
Product overview in the Global Electronic Health Records Market
Based on the product, the global electronic health records market bifurcated into Cloud-Based Software and Server-Based/On-Premise Software. The on-premise/server-based segment estimated to dominates the maximum share of the global electronic health records market. It is mainly due to the various benefits associated with the use of an automated health record system as it does not require the internet to record data. It can easily customize according to the need for the multi-physician facilities.
Type overview in the Global Electronic Health Records Market
Based on type, the global electronic health records market classified into Inpatient EHR and Ambulatory EHR. The Inpatient EHR segment dominated the largest market share in the worldwide electronic health records market. It is due to the primary purpose of the electronic health record that is to reduce medical errors and provide efficient facilities and the right treatment to a patient and discharge them from the hospital as soon as their condition gets stable.
Application overview in the Global Electronic Health Records Market
Based on application, the global electronic health records market segmented into Clinical Application, Administrative Application, Reporting in Healthcare System, Healthcare Financing, and Clinical Research Application. The clinical application segment holds the largest share in the global electronic health records market. The function of clinical application is recording the patient's medical information and providing effective communication to the medical professional about the records. Besides, it is coupled with the secure transferring of medical information to the doctors to provide better functional aid in the hospital.
End-User overview in the Global Electronic Health Records Market
Based on end-use, the global electronic health records market categorized into Hospitals, Clinics, Specialty Centers, and Others. Hospitals dominate the largest end-use segment in the global electronic health records market in the forecast period from 2020-2027. It is mainly due to rising patient admission in hospitals that generate lots of data every day. Therefore, the need for the adoption of electronic health care is propelling its market demand.
Region overview in the Global Electronic Health Records Market
Based on geography, the global electronic health records market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific is the world's fastest-growing global electronic health records market, accounting for the largest share. The changing healthcare function, deployment of digital medical solutions, and rising geriatric population are increasing the market share of the Asia Pacific region.
Global Electronic Health Records Market:Competitive Landscape
visit latest market research reports
U.S +1 217 953 4020
U.S +1(281)603-8808
Shingetsu Research 3309 Robbins Rd #524Springfield, IL 62704-6587.