Global Electronic Health Records Market and Technologies Predicted to Surge at a Significant CAGR of 12.2% during 2017-2022

Published on : Mar 23, 2018

Albany, New York, March 23, 2018: Advances in technology have made it possible for healthcare organizations to collect, retrieve and keep track of patient information in an electronic storage method, which is electronic health records. The role of EHRs is becoming increasingly prominent as more patient information becomes digital and larger numbers of consumers express a desire to have mobile access to their health records. Recently, a new study titled “Global Markets and Technologies for Electronic Health Records” has been broadcasted to the wide database of Market Research Hub (MRH), offering readers a clear perspective of the market and forecasts its size at the global and regional level. The market growth has been forecast based on volume (Tons) and revenue (US$ Mn) from 2017 to 2022.

Moreover, the study presents an examination of global market trends, with data available from 2016 and 2017, and projections of compound annual growth rates through 2022. According to the research key findings, the global market for electronic health records has gained an evaluation of $22.0 billion in 2017 and is estimated to reach $39.1 billion by 2022, growing at CAGR of 12.2% for the period of 2017-2022.

For a clear understanding of the market, the geographical segmentation is also encompassed in the report which analyzes the scope of the market in different regions including North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. While analyzing the aforementioned regions, a detailed qualitative analysis of the factors responsible for driving and restraining the growth of the electronic health records market in above regions has been provided.

The report finds that Electronic health record systems are increasingly gaining popularity as they help improve safety levels and quality of healthcare provided. In the initial section, the research offers analysis of the history of U.S. regulatory measures, meaningful use incentive drives investment, EHR challenges and opportunities, its clinical ontologies, EHR Cloud Trade-Offs, and cloud-enabled electronic health records advantages and disadvantages.

Furthermore, the global EHR market has been categorized into various segments and sub-segments, which are based on end-user, technology and application. On the basis of technology, the market for electronic health records and IT suppliers are segmented by hardware, software and services. By application, it offers Administration, Document and image management (RIS/PACS), computerized health records, Billing automation, Decision support tools and e-Prescriptions.

Another vital section of the report is competitive landscape featuring some of the top companies, their products and business strategies, and their standing in the global market. Major vendors in the market, including Agfa-Gevaert N.V.,, Analogic Corp., athenahealth Inc., Eurotech Inc., Fujifilm, Ge Healthcare and Beckman Coulter Inc.

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