The latest market report published by Credence Research, Inc. “Electronic Health Records (EHR) Market - Growth, Future Prospects, Competitive Analysis, 2018 - 2026,” the global electronic health records (EHR) market was valued at US$ 24,222.5 Mn in 2017 expanding at a CAGR of 5.9% from 2018 to 2026.
Credence Research, the leading business intelligence provider, has published its latest research, "Electronic Health Records (EHR) Market 2026", which gives insights into Electronic Health Records (EHR) in the Global market. The report determines the market size for 2018, along with forecasts until 2026. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.[Continue reading..]
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Electronic health records (EHR) has evolved in last decade from simply being digital form of patient’ paper charts to become healthcare tool to capture, store and share holistic patient’s medical history. EHRs are becoming an essential part of integrated and value based healthcare network and repository for clinical evidences that play a crucial role decision making in healthcare setting. An EHR can store patient’s medical history, medications, diagnoses, treatment regimes, allergies, radiology images and laboratory test results.
EHR also help to streamline administrative workflows in any healthcare setting starting from fixing an appointment to payment and follow-up assistance. Growing inclination towards automation and acceptance of software solutions for clinical decision management systems, radiology information systems, and healthcare IT solutions is the major factor driving the electronic health records market. Number of healthcare institutions in the developed countries are adopting technological advanced healthcare solutions for patient management to eliminate human error, and to save time and cost in long run. Technological development in surgical techniques, operating rooms, growing consumer demand for minimally invasive surgeries, radiology imaging systems and other health services has increased the demand of EHR.
The prominent players operating the global electronic health records (EHR) market are Cerner Corporation, McKesson Corporation, GE Healthcare, Allscripts Healthcare Solutions, Epic Systems Corporation, Greenway Health, LLC and eClinicalWorks among others. With growing pressure of innovation and better usability of EHR, the market players are constantly trying to optimize and innovate existing user interface. Strategic mergers and acquisitions with start-up players has emerged as an essential measure in maintaining competitive edge in the market.
For instance, in January 2018, Allscripts Health Solutions acquired Practice Fusion for US$ 100 million. The company’s free EHR system compliments Allscripts existing service portfolio for ambulatory and small physician offices and diagnostics centers.
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- The report presents the brief overview of Electronic Health Records (EHR) Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
- Latest company statement
- Latest news and deals relating to the Electronic Health Records (EHR) products
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
Reasons to Buy
- The report provides information about technology solutions needed for the implementation of Electronic Health Records (EHR) projects, and allows readers to make effective business decisions
- The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Electronic Health Records (EHR) solutions
- The report highlights projected investment on Electronic Health Records (EHR) over the next two years. This will help organizations to allocate budget towards Electronic Health Records (EHR) implementation and business expansion
- The report helps executives plan their adoption of Electronic Health Records (EHR) by providing expected timeframes for implementation
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