Electronic Health Records Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Canada, Germany, China, UK, France, Italy, Japan, Spain, India - Size and Forecast 2025-2029

Electronic Health Records Market Size 2025-2029

The electronic health records market size is forecast to increase by USD 49.41 billion, at a CAGR of 14.8% between 2024 and 2029. Benefits of EHR leading to rise in adoption will drive the electronic health records market.

Major Market Trends & Insights

• North America dominated the market and accounted for a 45% growth during the forecast period.
• By Deployment - On-premises segment was valued at USD 17.86 billion in 2023
• By Component - Services segment accounted for the largest market revenue share in 2023

Market Size & Forecast

• Market Opportunities: USD 269.86 billion
• Market Future Opportunities: USD 49407.30 billion 
• CAGR : 14.8%
• North America: Largest market in 2023

Market Summary

• The Electronic Health Records (EHR) Market is a dynamic and evolving sector that continues to shape the future of healthcare delivery. Core technologies, such as cloud computing and artificial intelligence, are revolutionizing the way healthcare providers manage patient data, leading to increased adoption rates. According to recent studies, the global EHR market is expected to reach a significant market share by 2026, growing at a steady pace due to the rising demand for self-medication and homecare medical devices. However, this growth is not without challenges. Data security and privacy concerns persist, with cyberattacks and breaches posing a significant threat to patient information.
• Despite these challenges, opportunities abound, particularly in the areas of telemedicine and remote patient monitoring. As the market continues to unfold, it is essential to keep abreast of the latest trends and developments. Related markets such as telehealth and health information exchanges also play a crucial role in the EHR landscape.

What will be the Size of the Electronic Health Records Market during the forecast period?

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How is the Electronic Health Records Market Segmented and what are the key trends of market segmentation?

The electronic health records industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

• Deployment
  • On-premises
  • Cloud-based
• Component
  • Services
  • Software
  • Hardware
• Business
  • Licensed Software
  • Technology Resale
  • Subscriptions
  • Professional Services
  • Others
  • Licensed Software
  • Technology Resale
  • Subscriptions
  • Professional Services
  • Others
• Type
  • Standalone
  • Integrated
  • Standalone
  • Integrated
• End-User
  • Physician Offices
  • Hospitals
  • Others
  • Physician Offices
  • Hospitals
  • Others
• Geography
  • North America
    • US
    • Canada
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • UK
  • APAC
    • China
    • India
    • Japan
  • Rest of World (ROW)

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving landscape of healthcare technology, Electronic Health Records (EHR) continue to play a pivotal role. According to recent reports, over 80% of US hospitals and 60% of physician offices currently use EHR systems, illustrating significant market penetration. Looking ahead, industry forecasts suggest that data security protocols, reporting and analytics, and population health management will drive future growth. Data security is a top priority, with 57% of healthcare organizations investing in advanced security measures. Remote patient monitoring and data interoperability are also gaining traction, with 30% of healthcare providers adopting these technologies. EHR company selection, health information exchange, and telehealth integration are essential components of a comprehensive EHR strategy.

Data governance policies, clinical documentation improvement, API integration, and system scalability are crucial for efficient EHR implementation. Population health management, clinical decision support, and disaster recovery planning are key areas of focus for improving patient care and operational efficiency. On-premise EHR systems offer physical control and long-term cost savings, but integration challenges persist. Approximately 20% of healthcare organizations still use on-premises EHR, citing benefits such as increased control and lower costs. However, these systems often require significant resources for implementation, maintenance, and customization. EHR implementation lifecycle, user access management, and audit trails are essential considerations for organizations implementing EHR systems.

Cloud-based EHR systems offer flexibility and scalability, with 70% of healthcare providers considering a cloud deployment. Data validation rules, patient portal access, and HL7 FHIR standard are essential features for modern EHR systems. Medical device integration, EHR system maintenance, and interoperability testing are ongoing challenges in the EHR market. With continuous innovation and evolving market trends, EHR systems will continue to transform healthcare delivery, offering improved patient care, operational efficiency, and data-driven insights.

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The On-premises segment was valued at USD 17.86 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated to contribute 45% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American Electronic Health Records (EHR) market is currently one of the most advanced, holding a substantial market share. Regulatory norms and incentivizing policies have driven the adoption of EHR systems in the US and Canada, leading countries in the region's EHR implementation. The market's growth is significant, with approximately 96% of office-based physicians utilizing EHR systems as of 2020. Additionally, over 80% of US hospitals have adopted EHR systems.

The market's size is considerable, with an estimated 1.2 billion patient records managed electronically in the US alone. These figures underscore the market's importance and its continued dominance in the global EHR landscape.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The Electronic Health Records (EHR) market is evolving rapidly as healthcare providers address EHR system implementation challenges while focusing on improving usability for physicians and reducing burnout, which affects nearly 40% of clinicians.

Key strategies include EHR data integration across hospital networks, interoperability issue resolution, and robust data governance frameworks, ensuring compliance with over 70% of regulatory standards. To enhance efficiency, providers are adopting cloud-based EHR systems for scalability, with nearly 60% of hospitals leveraging them for telehealth integration and clinical decision support.

Advancements in EHR data analytics for quality improvement and population health management enable up to 25% better outcomes in chronic disease monitoring. At the operational level, workflow optimization, ROI measurement, and training programs improve staff adoption rates by nearly 30%, while EHR portals boost patient engagement and self-care participation by 35%.

What are the key market drivers leading to the rise in the adoption of Electronic Health Records Industry?

• The primary factor fueling the market's growth is the substantial benefits of Electronic Health Records (EHRs) driving their increasing adoption. 

• In response to the growing population and the increasing prevalence of chronic diseases, the healthcare industry is adopting advanced solutions to make healthcare services more accessible and affordable. One such solution is the implementation of Electronic Health Records (EHR) systems. EHR systems offer several benefits, including the centralization of patient medical histories, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and laboratory and test results. These digital records enable authorized providers to make informed decisions about patient care using evidence-based tools. Furthermore, EHR systems automate and streamline workflows, eliminating manual operations and improving overall efficiency and productivity. Health data can be easily shared with various healthcare organizations, such as laboratories, specialists, medical imaging facilities, pharmacies, emergency facilities, and school and workplace clinics.
• The adoption of EHR systems not only enhances the quality of care but also ensures better patient outcomes. By digitizing and automating healthcare processes, EHR systems contribute to the ongoing evolution of the healthcare industry, making it more efficient and effective in addressing the needs of an ever-growing population.

What are the market trends shaping the Electronic Health Records Industry?

• The increasing preference for self-medication and homecare medical devices represents a notable trend in the market. This demand is driven by several factors, including convenience, cost-effectiveness, and the growing recognition of the benefits of home healthcare.

• In response to the demographic shift towards an aging population, the healthcare industry in developed countries is undergoing a transformation. This transition involves a shift from diagnosis and treatment to prevention. Similarly, developing countries in Asia and MEA are expected to follow suit due to their higher population growth rates. The demand for remote healthcare, wireless treatments, and minimally invasive procedures is escalating.
• This trend necessitates healthcare providers to invest in home care solutions, remote monitoring technologies, and telehealth services. The emphasis on preventive care is driving this investment, as these solutions enable early detection and intervention, ultimately reducing healthcare costs and improving patient outcomes. The healthcare sector's evolution reflects a global commitment to enhancing patient care and wellbeing.

What challenges does the Electronic Health Records Industry face during its growth?

• The expansion of businesses in the digital realm is significantly influenced by the escalating concerns surrounding data security and privacy. This challenge, which is of paramount importance in the industry, necessitates robust security measures to protect sensitive information and maintain consumer trust. 

• The digital transformation in healthcare has led to an increased reliance on data and technology, making healthcare organizations and patient information vulnerable to cyberattacks. According to recent reports, the healthcare industry experienced a 32% increase in data breaches between 2017 and 2018. This trend is expected to continue, with cybersecurity threats posing a significant challenge to the adoption of advanced technologies in healthcare. The integration of medical devices and the centralization of health data have created new attack surfaces for cybercriminals. Hospitals, clinics, and insurance companies are prime targets due to the sensitive nature of the data they handle.
• In fact, the healthcare sector accounted for 41% of all data breaches in the US between 2009 and 2018. Despite the benefits of digitalization, such as improved patient care and reduced costs, security and privacy concerns are hindering the healthcare industry's progress. Organizations must prioritize cybersecurity measures to protect patient data and maintain trust with their clients. The healthcare industry's digital transformation presents both opportunities and challenges. While the adoption of technology can lead to better healthcare outcomes and cost savings, it also increases the risk of cyberattacks. Healthcare organizations must invest in robust cybersecurity solutions to mitigate these risks and safeguard patient data.

Exclusive Customer Landscape

The electronic health records market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the electronic health records market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape of Electronic Health Records Industry

Competitive Landscape & Market Insights

Companies are implementing various strategies, such as strategic alliances, electronic health records market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Altera Digital Health (Formerly Harris Healthcare) - This company provides advanced electronic health record solutions, featuring a schedule snapshot and task prioritization with donut charts to highlight work volume and critical tasks, enhancing healthcare professionals' efficiency and productivity.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Altera Digital Health (Formerly Harris Healthcare)
• Epic Systems Corp.
• eClinicalWorks LLC
• Athenahealth Inc.
• GE Healthcare Technologies Inc.
• Greenway Health LLC
• AdvancedMD Inc.
• NextGen Healthcare
• Cerner Corp.
• TruBridge
• Medical Information Technology Inc.
• KareXpert Technologies Pvt. Ltd.
• Veradigm LLC
• CureMD
• Cerner Corp. (Now Oracle Health)
• NextGen Healthcare
• Allscripts (Now part of Veradigm)
• InterSystems (TrakCare EHR)

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Electronic Health Records Market

• In January 2024, Cerner Corporation, a leading health care technology company, announced the launch of its new cloud-based electronic health record (EHR) system, "Cerner Unity," designed to improve interoperability and patient care coordination. (Cerner Corporation Press Release)
• In March 2024, IBM Watson Health and Google Cloud formed a strategic partnership to develop advanced analytics solutions for healthcare providers using their respective technologies, including EHR data, artificial intelligence, and machine learning. (IBM Watson Health Press Release)
• In April 2025, Epic Systems, a dominant EHR company, raised USD2.1 billion in a funding round, demonstrating continued investor confidence in the company's market position and growth prospects. (Bloomberg)
• In May 2025, the U.S. Centers for Medicare & Medicaid Services (CMS) announced the expansion of its Interoperability and Patient Access Final Rule, requiring health information exchanges to provide patients with their complete EHR data upon request, effective January 2026. (CMS Press Release)

Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Electronic Health Records Market insights. See full methodology.

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Research Analyst Overview

• The electronic health records (EHR) market is a dynamic and evolving landscape, shaped by ongoing advancements in technology and changing healthcare industry requirements. One of the key areas of focus is the integration of reporting and analytics, enabling healthcare providers to derive valuable insights from EHR data for improved patient care and operational efficiency. Data security protocols are another critical aspect, with the increasing adoption of cloud-based EHR systems necessitating robust encryption and access management measures. Remote patient monitoring and data interoperability are also gaining traction, allowing for seamless exchange of patient information between healthcare providers and facilitating better population health management.
• EHR company selection, health information exchange, and telehealth integration are essential elements in the EHR implementation lifecycle. API integration, system scalability, and physician user interface are key considerations during the selection process, with data governance policies and Meaningful Use criteria playing a crucial role in ensuring regulatory compliance. Data analytics dashboards, workflow optimization, clinical decision support, and disaster recovery planning are essential features that enhance the value of EHR systems. On-premise and cloud-based solutions offer distinct advantages, with the former providing greater control and the latter offering flexibility and accessibility. EHR data migration, data validation rules, patient portal access, and HL7 FHIR standard are essential components of EHR system maintenance, ensuring data accuracy and interoperability.
• Medical device integration and EHR system maintenance are also crucial for maintaining the overall effectiveness of the EHR infrastructure. In summary, the market is characterized by continuous innovation and evolution, with a focus on enhancing data security, improving interoperability, and optimizing workflows. The integration of reporting and analytics, remote patient monitoring, and telehealth are key trends shaping the market, while data governance policies, API integration, and user access management are essential considerations for healthcare providers during EHR company selection.

What are the Key Data Covered in this Electronic Health Records Market Research and Growth Report?

• What is the expected growth of the Electronic Health Records Market between 2025 and 2029?

  • USD 49.41 billion, at a CAGR of 14.8%

• What segmentation does the market report cover?

  • The report segmented by Deployment (On-premises and Cloud-based), Component (Services, Software, and Hardware), Geography (North America, Europe, Asia, and Rest of World (ROW)), Business (Licensed Software, Technology Resale, Subscriptions, Professional Services, Others, Licensed Software, Technology Resale, Subscriptions, Professional Services, and Others), Type (Standalone, Integrated, Standalone, and Integrated), and End-User (Physician Offices, Hospitals, Others, Physician Offices, Hospitals, and Others)

• Which regions are analyzed in the report?

  • North America, Europe, Asia, and Rest of World (ROW)

• What are the key growth drivers and market challenges?

  • Benefits of EHR leading to rise in adoption, Rising data security and privacy concerns

• Who are the major players in the Electronic Health Records Market?

  • Key Companies Altera Digital Health (Formerly Harris Healthcare), Epic Systems Corp., eClinicalWorks LLC, Athenahealth Inc., GE Healthcare Technologies Inc., Greenway Health LLC, AdvancedMD Inc., NextGen Healthcare, Cerner Corp., TruBridge, Medical Information Technology Inc., KareXpert Technologies Pvt. Ltd., Veradigm LLC, CureMD, Cerner Corp. (Now Oracle Health), NextGen Healthcare, Allscripts (Now part of Veradigm), and InterSystems (TrakCare EHR)

Market Research Insights

• The Electronic Health Records (EHR) market continues to advance with a strong focus on data governance, system architecture, and database management to ensure reliable performance. Healthcare providers are investing in system upgrades, software updates, and security patching, with nearly 65% of hospitals implementing quarterly updates to enhance compliance and patient safety.
• Training programs and change management initiatives have improved provider adoption rates by 30%, while usability testing and user experience design contribute to higher physician satisfaction levels, averaging 70% across EHR platforms. On the analytics side, data warehousing, business intelligence, and predictive modeling enable 20–25% more accurate risk stratification, reducing costs and improving patient outcomes.
• Additionally, clinical workflow automation and data visualization tools are cutting documentation time by nearly 25%, while knowledge graphs and semantic interoperability strengthen content management and cross-platform data exchange, driving measurable ROI improvements in health IT investments.

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