Global Electronic Health Records Software Market Size, Share, and Trends Analysis Report, By Type (Cloud-Based and On-Premise), By Application (Scientific Research, Financial, and Other), Forecast (2022-2028)

The global electronic health records software market is anticipated to grow at a significant CAGR of 5.2% during the forecast period (2022-2028). The global electronic health records software market is growing due to the increasing hospitalization cases and medical awareness globally. The improvement in the healthcare sector, increasing adoption of electronic health records, and increased government funding for technological advancement are driving the growth of the market. The adoption of active & assisted living solutions and services, such as telehealth, telecare, telemedicine, telecoaching, and mHealth is also boosting the growth of the market. The acceptance of digital healthcare tools by medical professionals owing to improved efficiency and safety is also considered a growth factor for the market. According to a survey conducted by the American Medical Association in 2019, tele-visits or virtual visit adoption increased to 28%, remote monitoring and management adoption grew to 22%, and remote monitoring efficiency adoption grew to 37%. Additionally, the trust in hospitals and doctors by the patients to keep digital healthcare information secure is also increasing, which is further boosting the growth of the global medical document management system market during the forecast period. According to a survey conducted by Accenture in 2019, 89% of healthcare consumers trusted their doctor or other providers “very much” or “some” to keep their digital healthcare information.

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new launches, to stay competitive in the market. For instance-

• In March 2022, Epic Systems Corp. announced the launch of an environment software service that will give small and independent physician groups access to Epic electronic health records.
• In October 2021, Microsoft announced the launch of new virtual care capabilities which is greater electronic health record integration via both Epic’s and Cerner’s electronic health record systems and allow clinicians to easily navigate telehealth visits.
• In May 2021, Automation Anywhere, Inc. announced the availability of its new cloud-based Epic Fast Healthcare Interoperability Resources (FHIR) API Bot to automate access to electronic health records for Epic Systems.
• In April 2021, the Northern Maine Medical Center announced the launch of electronic health records software to improve service for patients in Northern Aroostook county.
• In September 2019, LunaPBC announced its partnership with Medfusion Inc. to launch electronic health record integration, supporting community-driven research.

Market Coverage

• The market number available for – 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape– 3M, McKesson Corp., Toshiba International Corp., Cerner Corp., and Siemens Healthcare GmbH, among others

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Electronic Health Records Software Market Report by Segment

By Type

• Cloud-Based
• On-Premisese

By Application

• Scientific Research
• Financial
• Other

Global Electronic Health Records Software Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa