Product Code: CMI196
The Electronic Medical Records Market is estimated to be valued at USD 31.58 Bn in 2024 and is expected to reach USD 46.37 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2023/2024: |
US$ 31.58 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2023/2024 to 2030/2031 CAGR: |
5.60% |
2030/2031 Value Projection: |
US$ 46.37 Bn |
Electronic Medical Records Market Share (%), By Region, 2024
The electronic medical records market has witnessed significant growth in the past decade due to the rising demand for digitization of patient health records. electronic medical records refers to the digital collection of patient health information in a structured format that can be shared across different health care settings. It offers various advantages over traditional paper-based records such as ease of storage and access to records, reduction in medical errors, integrated tools for improved clinical workflow and decision making. The electronic medical records market is driven by the need to maintain privacy and security of sensitive patient data, government support through incentive programs for healthcare organizations adopting electronic medical records systems and increasing investments from healthcare IT companies. Adoption of electronic medical records is expected to help lower administration costs, enhance efficiency and improve patient safety and care quality over the long term.
Market Dynamics:
The electronic medical records market is expected to grow at a significant rate owing to various drivers, opportunities and challenges. The key drivers include government initiatives and regulatory mandates promoting adoption of electronic medical records across major countries, rising focus on population health management, need for effective management of large volumes of healthcare data, growing incidence of chronic diseases necessitating integrated healthcare services. However, high deployment costs, requirement of technical expertise, perceived risks of security breaches and interoperability issues pose challenges to the market growth. Opportunities for market expansion can arise from increasing adoption of cloud-based electronic medical records solutions, rising demand for electronic medical records from ambulatory care centers and small practices, growing healthcare expenditure in emerging economies.
Key Features of the Study:
- This report provides in-depth analysis of the global electronic medical records market, and provides market size (USD BN) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global electronic medical records market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study includes athenahealth, EverHealth Solutions Inc., Epic Solutions, Oracle, eClinicalWorks, GE Healthcare, Epic Systems Corporation, McKesson Corporation, Cerner Corporation, Allscripts Healthcare Solutions Inc., Computer Programs and System Inc., Medical Information Technology Inc., NXGN Management, LLC, Greenway Health LLC., Health Information Management Systems, AdvancedMD, Inc., and CureMD Healthcare.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global electronic medical records market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electronic medical records market.
Market Segmentation
- Deployment:
- Application:
- Medical History
- Laboratory Test Results
- Radiology Images
- Surgical Records
- Others
- Interoperability:
- Foundational
- Structural
- Semantic
- Organizational
- End User:
- Hospitals
- Physicians Clinics
- Ambulatory Care Centers
- Others
- Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- athenahealth
- EverHealth Solutions Inc.
- Epic Solutions
- Oracle
- eClinicalWorks
- GE Healthcare
- Epic Systems Corporation
- McKesson Corporation
- Cerner Corporation
- Allscripts Healthcare Solutions Inc.
- Computer Programs and System Inc.
- Medical Information Technology Inc.
- NXGN Management, LLC
- Greenway Health LLC.
- Health Information Management Systems
- AdvancedMD, Inc.
- CureMD Healthcare
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Deployment
- Market Snapshot, By Application
- Market Snapshot, By Interoperability
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Recent Developments
- Acquisitions and Partnerships Scenario
- Technology Overview
- Regulatory Scenario
- Pricing Analysis
- PEST Analysis
4. Global Electronic Medical Records Market- Impact of Coronavirus (COVID-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 Impact on the market
5. Global Electronic Medical Records Market, By Deployment, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Cloud Based
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- On Premise
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
6. Global Electronic Medical Records Market, By Application, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Medical History
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Laboratory Test Results
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Radiology Images
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Surgical Records
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
7. Global Electronic Medical Records Market, By Interoperability, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Foundational
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Structural
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Semantic
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Organizational
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
8. Global Electronic Medical Records Market, By End User, 2019 - 2031, (USD BN)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Physicians Clinics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Ambulatory Care Centers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD BN)
9. Global Electronic Medical Records Market, By Region, 2019 - 2031, (USD BN)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Regions, 2019-2031
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Interoperability, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Interoperability, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Interoperability, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Interoperability, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Interoperability, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD BN)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Interoperability, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD BN)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (USD BN)
- North Africa
- Central Africa
- South Africa
10. Competitive Landscape
- Company Profiles
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- EverHealth Solutions Inc.
- Company Overview
- Product Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Epic Solutions
- Oracle
- eClinicalWorks
- GE Healthcare
- Epic Systems Corporation
- McKesson Corporation
- Cerner Corporation
- Allscripts Healthcare Solutions Inc.
- Computer Programs and System Inc.
- Medical Information Technology Inc.
- NXGN Management, LLC
- Greenway Health LLC.
- Health Information Management Systems
- AdvancedMD, Inc.
- CureMD Healthcare
11. Analyst View
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
12. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact