Usage of text fields in EHR to boost the growth of Electronic Health Record (EHR) Systems Market growth

 

Electronic Health Record (EHR) Systems Market

Electronic Health Record (EHR) Systems Market Report By Product (Client-server-based, Web-based), By Type (Acute, Ambulatory, Post-acute), By End-use, By Business Models, and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)- Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030

The global Electronic Health Record (EHR) Systems Market is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

An electronic health record (EHR) is a digital form of recording patient’s medical history. Electronic health record are real-time, patient-centric records which make data accessible immediately and protectively to authorized customers. While an electronic health record comprise the clinical and treatment details of patients, an electronic health record system is made to go beyond standard medical data gathered in a supplier’s office and can be comprehensive of a vast view of a patient’s care.

Competitive Landscape:

Key players involved in the growth of global Electronic health record (EHR) systems market are Allscripts, Quality Systems Inc, Cerner Corporation, McKesson Corporation athenahealth, Inc, Meditech, Epic Systems Corporation, and GE Healthcare.

Market Key Drivers:

Usage of text fields in EHR is expected to propel the growth of global Electronic health record (EHR) systems market. For instance, in January 2019, scientists UTSHC-ORNL, published that text data in EHRs can enhance the capability of structured data tools to analyze serious patient results post operation.

Rising number of collaborations and acquisitions by key players is projected to boost the growth of global Electronic health record (EHR) systems market. For instance, in January 2021, Allscripts Healthcare Solutions declared a deliberate collaboration with the U.S. Orthopedic Alliance.

Covid-19 Impact Analysis:

The COVID-19 outbreak has adversely affected the growth of global Electronic health record (EHR) systems market as there was a decline in novel business bookings as specific client acquiring decisions and developments are postponed to concentrate on curing patients, acquiring required clinical supplies, and regulating their companies from the crisis. 

Key Takeaways:

The global Electronic health record (EHR) systems market is expected to exhibit a CAGR of XX % during the forecast period due to rising product launches and approvals. For instance, In In October 2019, pic electronic health record system was launched by Alameda Health System.

Among region North America, Asia Pacific and Europe are anticipated to witness robust growth in the global Electronic health record (EHR) systems market due to rising collaborations, partnerships and investments and rising adoption of EHRs. In May 2020, the federal government planned the Federal Health IT Strategic Plan 2020 - 2025 that assures the significant use of EHRs by healthcare workers.