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Global Electronic Health Record Software Market Size, Share & COVID-19 Impact Analysis, By Type (Ambulatory, Acute and Post-Acute), By Product (Web Based and Client-Server Based), By End-User (Hospital, Ambulatory, Physicians Clinic, Pharmacy and Laboratories) and Regional Forecasts, 2022-2028

The global electronic health record software market size was valued at USD 30.6 billion in 2021. The market is projected to grow from USD 30.9 billion in 2021 to USD 47.2 billion by 2028, exhibiting a CAGR of 7.50% during the forecast period.
 
The global demand for EMR among hospitals and clinics is increasing, boosting the market's overall growth. The market is expanding as a result of the increasing technological developments in EMR software and services. Additionally, the adoption of artificial intelligence (AI) in the creation of EHR software and improvements in software and the healthcare industry are also anticipated to hasten the market's expansion. The leading market participants are putting a lot of effort into several new releases. EMRs' low maintenance requirements and increased accessibility are key factors in the market's increasing demand. Moreover, as people's disposable income has increased in many countries, healthcare costs have increased everywhere. Additionally, government agencies and healthcare organizations are taking the lead in meeting population needs by increasing healthcare spending, which is anticipated to support the expansion of the global electronic medical records (EMR) market.
 
COVID-19 IMPACT

COVID-19 has a marginally positive effect on the adoption of EHR by healthcare systems. By enabling researchers to communicate and have access to precise clinical data that has benefited them in COVID-19 trend analysis and drug development, the electronic health record software is also used to support clinical research activities. In hospitals with integrated EHR software, this has also helped with the management of enormous patient databases. Industry insiders are also helping the government prepare for a pandemic.
 
DRIVING FACTORS

More Government Initiatives and Partnerships are Opening up New Prospects for Market Growth

Growing government initiatives to implement plans for lowering administrative burdens on healthcare providers related to the use of EHR are a major factor creating new opportunities for players, as are company acquisitions, collaborations, and implementation of electronic health record software globally. For instance, My Health Record is Australia's regional national digital health record platform. Every Australian citizen has access to the "My Health Record" program. By the end of 2022, according to the Australian Digital Health Agency (ADHA), all Australian healthcare providers will be able to contribute to and access the platform's database of medical data. Such government actions promote market expansion.
 
RESTRAINING FACTORS

High Prices for Electronic Health Record Software are Impeding Market Expansion

The high cost of electronic health record software is hampering the market's expansion. Implementing, creating, and upkeep software for electronic health records are expensive. The expensive cost of EHR prevents widespread adoption in many emerging economies. Additionally, the cost of developing AI algorithms and programs is high for developing countries, which has slightly hampered the market. The market for electronic health record software is anticipated to be hampered by a lack of IT infrastructure in low-income nations and a shortage of individuals with the necessary skills and knowledge to apply complicated AI and machine learning algorithms. Therefore, the high price of EHR software is limiting market expansion.
 
SEGMENTATION

By Type


Based on type, the electronic health record software market is segmented into ambulatory, acute and post-acute. The acute category dominated the market in 2021. Due to the adoption of electronic health records in small-scale services, this market is expanding. For instance, Medicare incentive payment systems are available to acute care clinics in the United States that are covered by the Prospective Inpatient Billing System (IPPS). The electronic health record for acute care generates patient data that can include all the clinical specifics. These specifics may also be utilized in the operating room, acute care unit, and emergency services.
 
By Product

By product, the market is segmented into web-based and client-server-based. The web-based category dominated the market in 2021. This industry is expanding because it is well-liked by doctors and healthcare professionals who practice on a small basis. Web-based EHRs can be set up without internal servers, providing extensive customization and improvements.
 
By End-User

By end-user, the market is segmented into hospital, ambulatory, physicians' clinic, pharmacy and laboratories. The hospital category dominated the market in 2021. The massive amount of medical data amassed in hospitals is credited with this segment's expansion. Additionally, EHR software installation is less expensive than ambulatory care centers, further stimulating the market.
 
REGIONAL INSIGHTS

 
North America is projected to hold the largest electronic health record software market share over the forecast period. EHR software and the availability of a robust healthcare infrastructure with high levels of digital literacy are credited with driving the increase. Akira by TELUS Health, a virtual care service geared for employers, will now be digitally integrated with TELUS HealthCare's electronic medical records, the company said in March 2021.
 
On the other hand, the Asia Pacific electronic health record software market is anticipated to grow significantly over the forecast period due to the increased need for high-quality services and standards, which supports the region's move toward digitalizing healthcare. The market for EHR software is also expanding due to the expanding use of AI-derived solutions and supportive government initiatives for its implementation in many pharmaceutical industries.
 
LIST OF KEY COMPANIES PROFILED:
  • Allscripts Healthcare, LLC
  • GE Healthcare
  • Cerner Corporation
  • Epic Systems Corporation
  • McKesson Corporation
  • NextGen Healthcare, Inc.
  • CureMD Healthcare
  • Medical Information Technology, Inc.
  • AdvancedMD, Inc.
  • Greenway Health, LLC
 
KEY INDUSTRY DEVELOPMENTS:
  • October 2021: Allscripts introduces guided scheduling, utilizing artificial intelligence (AI) to boost healthcare operational effectiveness and patient care.
  • March 2021: Launched by Simbo.ai, SimboAlpha is the company's principal cloud-based API platform. It enables the delivery of smart voice-based electronic medical records (EMR) to surgeons by electronic medical record (EMR) providers, health app developers, and hospital chains.
REPORT SCOPE AND SEGMENTATION
 
Attributes Details
Study Period 2016-2028
Base Year 2021
Estimated Year 2022
Forecast Period 2022-2028
Historical Period 2016-2020
Unit Revenue (USD Million) and Volume (Kilo Tons)
Segmentation By Type, By Product, By End-User and  By Geography
By Type
  • Ambulatory
  • Acute
  • Post-Acute
By Product
  • Web Based
  • Client-Server Based
By End User
  • Hospital
  • Ambulatory
  • Physicians Clinic
  • Pharmacy
  • Laboratories
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa
Chapter 1    Preface

    1.1    Report Scope and Description
        1.1.1    Study Purpose
        1.1.2    Target Audience
        1.1.3    USP and Key Offerings
    1.2    Key Benefits for Stakeholders
    1.3    Report Scope

Chapter 2    Report Summary

    2.1    Key Findings
        2.1.1    Top Investment Pockets
    2.2    Market Snapshot: Global Electronic Health Record Software Market
    2.3    Global Electronic Health Record Software Market, 2018 – 2028 (US$ Mn)

Chapter 3    COVID 19 Impact Analysis

    3.1    Impact Assessment of COVID-19 Pandemic, By Region
        3.1.1    North America: Impact of COVID-19 Pandemic
        3.1.2    Europe: Impact of COVID-19 Pandemic
        3.1.3    Asia pacific: Impact of COVID-19 Pandemic
        3.1.4    Latin America: Impact of COVID-19 Pandemic
        3.1.5    Middle-East and Africa: Impact of COVID-19 Pandemic
    3.2    Key Strategies Undertaken by Companies to Tackle COVID-19
    3.3    Quarterly Market Revenue by Region 2021 & 2022
    3.4    Pre COVID-19 Market Revenue, By Region, 2016-2019        (USD Million)
    3.5    Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    3.6    Short Term Dynamics
    3.7    Long Term Dynamics

Chapter 4    Global Electronic Health Record Software Market, By Type Segment Analysis

    4.1    Electronic Health Record Software Market Overview, By Type Segment
        4.1.1    Global Electronic Health Record Software Market Revenue Share, By Type, 2022 & 2028 (Value, %)
    4.2    Ambulatory
        4.2.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        4.2.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.2.3    Key Market Trends, Growth Factors, & Opportunities
    4.3    Acute
        4.3.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        4.3.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.3.3    Key Market Trends, Growth Factors, & Opportunities
    4.4    Post-Acute
        4.4.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        4.4.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.4.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 5    Global Electronic Health Record Software Market, By Product Segment Analysis

    5.1    Electronic Health Record Software Market Overview, By Product Segment
        5.1.1    Global Electronic Health Record Software Market Revenue Share, By Product, 2022 & 2028 (Value, %)
    5.2    Web Based
        5.2.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        5.2.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.2.3    Key Market Trends, Growth Factors, & Opportunities
    5.3    Client-Server Based
        5.3.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        5.3.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.3.3    Key Market Trends, Growth Factors, & Opportunities
            
Chapter 6    Global Electronic Health Record Software Market, By End User Segment Analysis

    6.1    Electronic Health Record Software Market Overview, By End User Segment
        6.1.1    Global Electronic Health Record Software Market Value Share, By End User, 2021 & 2028 (Value, %)
    6.2    Hospital
        6.2.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        6.2.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        6.2.3    Key Market Trends, Growth Factors, & Opportunities
    6.3    Ambulatory
        6.3.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        6.3.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        6.3.3    Key Market Trends, Growth Factors, & Opportunities
    6.3    Physicians Clinic
        6.3.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        6.3.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        6.3.3    Key Market Trends, Growth Factors, & Opportunities
    6.3    Pharmacy
        6.3.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        6.3.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        6.3.3    Key Market Trends, Growth Factors, & Opportunities
    6.3    Laboratories
        6.3.1    Electronic Health Record Software Share Forecast, By Region (USD Million)
        6.3.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        6.3.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 7    Electronic Health Record Software Market – Regional Analysis, 2022 – 2028

    7.1    Electronic Health Record Software market Overview, by Region Segment
        7.1.1    Global Electronic Health Record Software market Revenue Share, By Region, 2022 & 2028
        7.1.2    Global Electronic Health Record Software Market Revenue, By Region, 2017 – 2028 (US$ Mn)
        7.1.3    Global Electronic Health Record Software market Revenue, By Type, 2017 – 2028 (US$ Mn)
        7.1.4    Global Electronic Health Record Software market Revenue, By Product, 2017 – 2028 (US$ Mn)
        7.1.5    Global Electronic Health Record Software Market Revenue, By End User, 2017 – 2028 (US$ Mn)
    7.2    North America
        7.2.1    North America Electronic Health Record Software Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        7.2.2    North America Electronic Health Record Software Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.2.3    North America Electronic Health Record Software Market Revenue, By Product, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.2.4    North America Electronic Health Record Software Market Revenue, By End User, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.2.5    U.S. Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.2.6    Canada Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.2.7    Mexico Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    7.3    Europe
        7.3.1    Europe Electronic Health Record Software Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        7.3.2    Europe Electronic Health Record Software Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.3.3    Europe Electronic Health Record Software Market Revenue, By Product, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.3.4    Europe Electronic Health Record Software Market Revenue, By End User, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.3.5    Germany Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.3.6    France Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.3.7    U.K. Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.3.8    Italy Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.3.9    Spain Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.3.10    Rest of Europe Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    7.4    Asia Pacific
        7.4.1    Asia Pacific Electronic Health Record Software Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        7.4.2    Asia Pacific Electronic Health Record Software Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.4.3    Asia Pacific Electronic Health Record Software Market Revenue, By Product, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.4.4    Asia Pacific Electronic Health Record Software Market Revenue, By End User, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.4.5    China Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.4.6    Japan Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.4.7    India Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.4.8    South Korea Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.4.9    South-East Asia Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.4.10    Rest of Asia Pacific Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    7.5    Latin America
        7.5.1    Latin America Electronic Health Record Software Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        7.5.2    Latin America Electronic Health Record Software Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.5.3    Latin America Electronic Health Record Software Market Revenue, By Product, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.5.4    Latin America Electronic Health Record Software Market Revenue, By End User, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.5.5    Brazil Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.5.6    Argentina Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.5.7    Rest of Latin America Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    7.6    The Middle-East and Africa
        7.6.1    The Middle-East and Africa Electronic Health Record Software Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        7.6.2    The Middle-East and Africa Electronic Health Record Software Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.6.3    The Middle-East and Africa Electronic Health Record Software Market Revenue, By Product, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.6.4    The Middle-East and Africa Electronic Health Record Software Market Revenue, By End User, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        7.6.5    GCC Countries Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.6.6    South Africa Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        7.6.7    Rest of Middle-East Africa Electronic Health Record Software Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)

Chapter 8    Electronic Health Record Software Market – Industry Analysis

    8.1    Introduction
    8.2    Market Drivers
        8.2.1    Driving Factor 1 Analysis
        8.2.2    Driving Factor 2 Analysis
    8.3    Market Restraints
        8.3.1    Restraining Factor Analysis
    8.4    Market Opportunities
        8.4.1    Market Opportunity Analysis
    8.5    Porter’s Five Forces Analysis
    8.6    PEST Analysis
    8.7    Regulatory Landscape
    8.8    Technology Landscape
    8.9    Value Chain Analysis

Chapter 9    Competitive Landscape

    9.1    Company Market Share Analysis – 2022
        9.1.1    Global Electronic Health Record Software market: Company Market Share, 2022
        9.1.2    Global Electronic Health Record Software Market: Company Market Share, 2022
    9.2    Strategic Developments
        9.2.1    Acquisitions & Mergers
        9.2.2    New Product Launch
        9.2.3    Regional Expansion
    9.3    Company Strategic Developments – Heat Map Analysis

Chapter 10    Company Profiles

    10.1    Allscripts Healthcare, LLC
        10.1.1    Company Overview
        10.1.2    Key Executives
        10.1.3    Product Portfolio
        10.1.4    Financial Overview
        10.1.5    Operating Business Segments
        10.1.6    Business Segment Performance
        10.1.7    Recent Developments
    10.2    GE Healthcare
    10.3    Cerner Corporation
    10.4    Epic Systems Corporation
    10.5    McKesson Corporation
    10.6    NextGen Healthcare, Inc.
    10.7    CureMD Healthcare
    10.8    Medical Information Technology, Inc.
    10.9    AdvancedMD, Inc.
    10.10    Greenway Health, LLC

Chapter 11    Research Methodology

    11.1    Research Methodology
    11.2    Phase I – Secondary Research
    11.3    Phase II - Data Modeling
        11.3.1    Company Share Analysis Model
        11.3.2    Revenue Based Modeling
    11.4    Phase III – Primary Research
    11.5    Research Limitations
        11.5.1    Assumptions
No Methodology
No Available