Electronic Health Records Market Size by Segments, Share, Regulatory, Reimbursement, Installed Base and Forecast to 2033
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Electronic Health Records Market Report Overview
The electronic health records market was valued at $2.49 billion in 2023 and is expected to grow at a CAGR of more than 3% during 2023-2033. Moreover, the incentives offered by governments of different nations to entice healthcare providers to use EHR systems will drive the market growth in the coming years.
Electronic Health Records (EHR) Market Outlook 2023-2033 ($ Billion)
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The EHR market research report has been created to help understand the market behavior, which will aid in identifying quantitative market trends within the digital health therapeutic area. The model discusses in detail the impact of COVID-19 on the EHR market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $2.49 billion |
CAGR (2023-2033) | >3% |
Historic Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Segments |
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Key Regions |
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Key Companies |
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Electronic Health Records Market Dynamics
The EHR market is highly regional and is expected to grow during the forecast years due to rising government incentives to entice healthcare providers to use EHR systems. The electronic health records market did not decline even during the pandemic as EHR was considered a significant tool for recording population health and management of data. However, the market may expect slow growth due to concerns regarding data privacy. Meanwhile, with the increasing advancement of IT and healthcare technologies across the world, it is highly expected that digital health systems will also adopt a few new features and updates. This, in turn, will lower the data security risks and propel the market growth during the forecast period.
Electronic Health Records Market Segments
The key segments in the EHR market are cloud-based systems and remote systems. In 2023, the cloud-based systems segment dominated the market. A cloud or internet-based computer system consists of infrastructure, platforms, or software systems that are hosted by external providers.
Electronic Health Records Market Analysis by Segments, 2023 (%)
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Electronic Health Records Market Segmentation by Regions
The key regions in the EHR market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, Europe accounted for the largest share of the electronic health records market.
The EHR market in Europe is one of the most dynamic and competitive in the world, with active tenders in almost every area. The increasing use of electronic health record (EHR) systems to support health record interoperability within the European Union, in accordance with recommendations made by the European Commission, is driving the market growth. However, manufacturers will face more difficulties as different European countries have different EHR requirements, which may negatively impact the market growth during the forecast period.
Electronic Health Records Market Analysis by Regions, 2023 (%)
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Electronic Health Records Market – Competitive Landscape
The key subsidiaries in the electronic health records market are Oracle Corp, Concentrix Corp, Veradigm LLC, Constellation Software Inc, CompuGroup Medical SE & Co KGaA among others. In 2023, Oracle Corp accounted for the highest electronic health records market share and value.
Electronic Health Records Market Analysis by Subsidiaries, 2023 (%)
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Segments Covered in this Report.
Electronic Health Records Segment Outlook ($ Million, 2015-2033)
- Cloud-Based Systems
- Remote Systems
Electronic Health Records Regional Outlook ($ Million, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are –
Currently marketed electronic health records market and evolving competitive landscape –
- Insightful review of the key industry trends.
- Annualized total electronic health records market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights –
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the electronic health records market.
- Competitive dynamics insights and trends provided for the electronic health records market.
Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered – Oracle Corp, Concentrix Corp, Veradigm LLC, Constellation Software Inc, CompuGroup Medical SE & Co. KGaA, Leidos Inc and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total electronic health records market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the electronic health records market.
- Competitive dynamics insights and trends provided for the electronic health records market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
- Understand the impact of COVID-19 on electronic health records.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving electronic health records.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the electronic health records market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific electronic health records market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
ConCentrix Corp
Veradigm LLC
Constellation Software Inc
CompuGroup Medical SE & Co. KGaA
Leidos Inc
Others
Frequently asked questions
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What was the electronic health records (EHR) market size in 2023?
The electronic health records (EHR) market was valued at $2.49 billion in 2023.
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What will be the electronic health records market growth rate in the forecast period?
The electronic health records market is expected to grow at a CAGR of more than 3% during 2023-2033.
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Which was the leading segment in the EHR market in 2023?
The cloud-based systems segment was leading the EHR market in 2023.
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Which region dominated the electronic health records market in 2023?
Europe was the largest regional segment of the electronic health records market in 2023.
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Which are the key subsidiaries operating in the electronic health records market?
The key subsidiaries in the Electronic Health Records market are Oracle Corp, Concentrix Corp, Veradigm LLC, Constellation Software Inc, CompuGroup Medical SE & Co. KGaA, and Leidos.
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