CMR Adds a latest research “Electronic Health Records Market By Type - Global Industry Analysis And Forecast To 2025” Reports To Its Database.
Market Overview:
The U.S. Centers for Medicare & Medicaid Services has defined Electronic Health Record (EHR) as an electronic version of a patient’s medical history. It is an electronic record of a patient’s health information generated through one or more encounters in any care provider’s setting. These records include information such as patient demographics, problems, progress notes, vital signs, medications, past medical history, laboratory data, immunizations and radiology reports. An EHR system streamlines and automates clinician's workflow. The EHR system can also directly or indirectly support care related activities through different interfaces including quality management, evidence based decision support and outcome reporting.
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According to a survey conducted by the U.S. Department of Health and Human Services, in 2014, 79% healthcare providers reported increase in practice efficiency by using an EHR system whereas 70% healthcare providers reported improvement in data confidentiality. Providers can have quick access to patients’ records from remote locations which can save valuable time while dealing with emergency cases.
Competitive Analysis:
Product development is the key strategy adopted by the major players operating in the EHR market in order to introduce next-generation EHR systems in the market and gain a competitive advantage.
Cerner Corporation
McKesson Corporation
Allscripts Healthcare SolutionsInc.
Epic Systems Corporation
eClinicalWorks LLC
athenahealth Inc.
General Electric Company
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Regional Outlook:
North America dominated the global EHR market in 2016 due to the presence of advanced healthcare IT infrastructure in the region along with increasing adoption of EHR systems by healthcare providers.
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
Key Findings:
Web-based EHR segment dominated the global EHR market in 2016 owing to the large scale adoption of these EHR systems supported by low-cost installations favorable for small scale healthcare institutions.
Acute EHR segment accounted for nearly half of the overall EHR market in 2016 whereas post-acute EHR segment is projected to showcase fastest growth during the forecast period.
Hospitals segment accounted for a major share of the EHR market with respect to end users in 2016 due to the large scale acceptance of EHR systems in hospital settings for effectively recording health related data of the patients.
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