Electronic Health Records (EHR) Market (Size of USD 23.2 Billion in 2017) to Witness 7.2% CAGR during 2018– 2024 - PowerPoint PPT Presentation

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Electronic Health Records (EHR) Market (Size of USD 23.2 Billion in 2017) to Witness 7.2% CAGR during 2018– 2024

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The global electronic health records (EHR) market was estimated at USD 23.2 billion in 2017, and is expected to reach USD 37.7 billion by 2024. The primary driving force for the growth of the market includes the rise in adoption rate of EHR, incorporation of Healthcare information technology (HCIT), and the growing geriatric population with the subsequent rise in number of chronic diseases. The government initiatives to go paperless for documentation of healthcare data, and the growing trend of cloud-based EHR software in the industry is expected to grant opportunities to key players of the market. – PowerPoint PPT presentation

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Title: Electronic Health Records (EHR) Market (Size of USD 23.2 Billion in 2017) to Witness 7.2% CAGR during 2018– 2024


1
Electronic Health Records (EHR) Market
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2
Industry Overview
  • Electronic Health Records, more commonly known as
    EHR are digitalized collection of patients
    health records. These EHR are used by healthcare
    providers to analyze the clinical information and
    facilitate the suitable healthcare options.
    Global EHR market was projected at USD 23.2
    billion in 2017. The EHR market provides
    healthcare facility by web based/cloud based, and
    client based server mode of delivery options.
    Among the available categories, the web based
    mode of delivery is high in demand, leading to
    its larger share of 51.1 in the global EHR
    market in 2017.
  • Explore Full Report Description at
    https//www.vynzresearch.com/healthcare/electronic
    -health-records-ehr-market

3
market segmentation
  • The different EHR products offered in the market
    include EHR solutions and EHR services. EHR
    solutions are further sgmented into integrated
    and standalone solution. EHR Services market is
    categorized into support and maintenance,
    implementation, network, and training and
    education services.

4
Geographic Overview
  • North American EHR market held the largest share
    in 2017, majorly due to factors such as rise in
    adoption rate of EHR, incorporation of HCIT in
    healthcare, presence of several major players in
    the region. The government is also focused on to
    reduce the rising healthcare cost expense that
    will further drive the growth of the market in
    the region.

5
Competition among key players
  • In October 2017, GE Healthcare received
    Carequality certification to enable seamless data
    sharing by its ambulatory EHR customers with
    thousands of hospitals, physician practices,
    payer networks, vendors and consumer services
    nationally. 
  • In January 2017, Cerner Corporation announced the
    University of Missouri Health Care will extend
    Cerners HealtheIntent population health
    management platform across the Health Network of
    Missouri (HNM), which is a collaborative effort
    of six independent health care organizations that
    uses different EHR systems.
  • Similarly, other leading players in the global
    EHR market are providing integrated solutions
    across organizations for the coordination and
    care management of patients.
  • Key players of the global EHR market include
    McKesson Corporation, Cerner Corporation, Epic
    Systems Corporation, NextGen Healthcare
    Information Systems, LLC, GE Healthcare, Greenway
    Health, LLC, eClinicalWorks, and athenahealth
    Inc.
  •  

6

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