Market Overview:
The global electronic health records software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for EHR software by hospitals, clinics, and other healthcare organizations. Additionally, the growing trend of cloud-based EHR software is also contributing to the growth of this market. However, lack of standardization and interoperability among different EHR systems are some of the major factors restraining the growth of this market. On basis on type, open source software held a larger share in 2017 and is projected to grow at a higher CAGR during forecast period as compared to non-open source software segment.
Product Definition:
Electronic health records software is a computer application that assists healthcare professionals in recording, storing, and managing patients' electronic health information. EHR software is often used in doctor's offices, hospitals, and other medical facilities to improve the quality of care provided to patients. EHR software can help healthcare professionals track patient history, medications, allergies, and test results; as well as manage appointments and billing information.
Open Source Software:
Open source software is a type of computer software that allows the development of highly customized products as well as reduces the cost of developing new software. The open-source movement has been gaining momentum in recent years and is expected to have a significant impact on the Electronic Health Records (EHR) Software market over the forecast period.
Non-open Source Software:
Non-open source software is the part of electronic health records (EHR) that is used to generate, store, and retrieve data from healthcare organizations. The non-open source software market size was valued at USD 1.1 billion in 2015 and is expected to grow at a CAGR of XX% during the forecast period.
Application Insights:
The hospital segment dominated the global electronic health records software market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to factors such as increasing investments by hospitals in EHRs, growing emphasis of regulatory bodies on implementation of EHRs, and favorable government regulations. For instance, the Centers for Medicare & Medicaid Services (CMS) has made it mandatory for all hospitals to implement an Electronic Health Records (EHRs) system by 2018.
In addition, rising penetration of smartphones and Internet connectivity across developing countries is anticipated to boost demand for healthcare information technology systems over the forecast period. Furthermore, increasing adoption of wearable devices such as Fitbit products will drive demand from clinical applications segment during the study period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high adoption rate of EHR software, and increasing investments by governments in developing these systems. The region is expected to maintain its dominance throughout the forecast period owing to continuous innovations and technological advancements.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising government initiatives for improving healthcare infrastructure coupled with increasing demand for quality services leading to better outcomes at lower costs. Moreover, economic development coupled with increased spending on healthcare goods & services is also contributing towards regional growth.
Growth Factors:
- Increasing demand for EHR software from small and medium-sized healthcare organizations
- Rising number of hospitals and clinics adopting EHR software
- Proliferation of cloud-based EHR solutions
- Growing demand for integrated health information systems
- Emergence of big data analytics in the healthcare sector
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Health Records Software Market Research Report
By Type
Open Source Software, Non-open Source Software
By Application
Hospital, Clinical, Other
By Companies
Drchrono, ADP AdvancedMD, Greenway, HealthFusion, IPatientCare, Kareo, PracticeFusion, Siemens Healthcare, Epic Systems, GE Healthcare, Allscripts Healthcare Solutions, Cerner, EClinicalWorks, CPSI, Amazing Charts, Sage Software Healthcare, MEDITECH, EMDs, NextGen Healthcare, Athenahealth, MaineHealth
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Health Records Software Market Report Segments:
The global Electronic Health Records Software market is segmented on the basis of:
Types
Open Source Software, Non-open Source Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Drchrono
- ADP AdvancedMD
- Greenway
- HealthFusion
- IPatientCare
- Kareo
- PracticeFusion
- Siemens Healthcare
- Epic Systems
- GE Healthcare
- Allscripts Healthcare Solutions
- Cerner
- EClinicalWorks
- CPSI
- Amazing Charts
- Sage Software Healthcare
- MEDITECH
- EMDs
- NextGen Healthcare
- Athenahealth
- MaineHealth
Highlights of The Electronic Health Records Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Open Source Software
- Non-open Source Software
- By Application:
- Hospital
- Clinical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Health Records Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic health records software is a computer application that helps healthcare providers manage patient information. It includes features such as electronic medical records, electronic health information exchanges, and clinical decision support.
Some of the key players operating in the electronic health records software market are Drchrono, ADP AdvancedMD, Greenway, HealthFusion, IPatientCare, Kareo, PracticeFusion, Siemens Healthcare, Epic Systems, GE Healthcare, Allscripts Healthcare Solutions, Cerner, EClinicalWorks, CPSI, Amazing Charts, Sage Software Healthcare, MEDITECH, EMDs, NextGen Healthcare, Athenahealth, MaineHealth.
The electronic health records software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Health Records Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Health Records Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Health Records Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Health Records Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Health Records Software Market Size & Forecast, 2018-2028
4.5.1 Electronic Health Records Software Market Size and Y-o-Y Growth
4.5.2 Electronic Health Records Software Market Absolute $ Opportunity
Chapter 5 Global Electronic Health Records Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Health Records Software Market Size Forecast by Type
5.2.1 Open Source Software
5.2.2 Non-open Source Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Health Records Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Health Records Software Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinical
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Health Records Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Health Records Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Health Records Software Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Health Records Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Health Records Software Market Size Forecast by Type
9.6.1 Open Source Software
9.6.2 Non-open Source Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Health Records Software Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinical
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Health Records Software Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Health Records Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Health Records Software Market Size Forecast by Type
10.6.1 Open Source Software
10.6.2 Non-open Source Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Health Records Software Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinical
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Health Records Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Health Records Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Health Records Software Market Size Forecast by Type
11.6.1 Open Source Software
11.6.2 Non-open Source Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Health Records Software Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinical
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Health Records Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Health Records Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Health Records Software Market Size Forecast by Type
12.6.1 Open Source Software
12.6.2 Non-open Source Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Health Records Software Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinical
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Health Records Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Health Records Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Health Records Software Market Size Forecast by Type
13.6.1 Open Source Software
13.6.2 Non-open Source Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Health Records Software Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinical
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Health Records Software Market: Competitive Dashboard
14.2 Global Electronic Health Records Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Drchrono
14.3.2 ADP AdvancedMD
14.3.3 Greenway
14.3.4 HealthFusion
14.3.5 IPatientCare
14.3.6 Kareo
14.3.7 PracticeFusion
14.3.8 Siemens Healthcare
14.3.9 Epic Systems
14.3.10 GE Healthcare
14.3.11 Allscripts Healthcare Solutions
14.3.12 Cerner
14.3.13 EClinicalWorks
14.3.14 CPSI
14.3.15 Amazing Charts
14.3.16 Sage Software Healthcare
14.3.17 MEDITECH
14.3.18 EMDs
14.3.19 NextGen Healthcare
14.3.20 Athenahealth
14.3.21 MaineHealth
