Electronic Health Records Market Share, Size, Growth and Forecast to 2028
Electronic Health Records Market Comprehensive Growth, Industry Size, Future Demand, Emerging Trends and Latest Technology, Forecast Research Report 2027
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The global electronic health records (EHR) market is set to gain momentum from the introduction to artificial intelligence (AI) in the healthcare industry. AI not only helps clinicians in diagnosing a patient’s condition, but also recognizes historical trends of the patient. This information is given by Fortune Business Insights™ in a recently published report, titled, “Electronic Health Records (EHR) Market Size, Share & Industry Analysis, By Product (Web-based, On-premise), By Type (Stand Alone, Integrated) By End User (Physician’s Office, Hospitals, Others) and Regional Forecast, 2019-2026.” The report further states that the EHR market size stood at USD 26,200.48 Million in 2018 and is projected to reach USD 39,913.16 Million by 2026, exhibiting a CAGR of 5.4% during the forecast period.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/electronic-health-records-ehr-market-102660
Rising Usage in Administrative & Clinical Applications to Boost Growth
Since the past few years, in many countries, the adoption of electronic medical record is upsurging at a fast pace. It is occurring because of the realization of the masses that to gain top-quality care at lower costs, implementation of a robust health information technology (HIT) is extremely vital. EHR is used extensively in clinical applications, such as decision supports, results management, order entry and support, and health information and data. It is also used in healthcare financing, as well as administrative applications. However, deployment of EHR involves a lot of money spending. It may hinder the electronic health records market growth during the forthcoming period
Medical Information Technology, Inc. (MEDITECH)
Epic Systems Corporation
Allscripts Healthcare, LLC
Other prominent market players
key industry developments:
October 2019: Northwell Health and Allscripts announced signed an agreement to develop the next-generation EHR that would be AI-based, voice-enabled, and cloud-based.