Electronic Health Records Market by Deployment, Component, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR43293
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The electronic health records (EHR) market has the potential to grow by USD 24.19 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 12.48%.

This electronic health records market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (on-premise and cloud-based), component (services, software, and hardware), and geography (North America, Europe, Asia, and ROW). The electronic health records market report also offers information on several market vendors, including AdvancedMD Inc., Allscripts Healthcare Solutions Inc., athenahealth Inc., Cerner Corp., CureMD.com Inc., Epic Systems Corp., Greenway Health LLC, McKesson Corp., Medical Information Technology Inc., and Siemens Healthineers AG among others.

What will the Electronic Health Records Market Size be in 2021?

Electronic-Health-Records-Market-Market-Size-2020-2025

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Electronic Health Records Market: Key Drivers and Trends

The benefits of EHR are notably driving the EHR market growth, although factors such as rising data security and privacy concerns may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the electronic health records industry get your FREE report sample now.

This electronic health records market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Electronic Health Records Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AdvancedMD Inc.
  • Allscripts Healthcare Solutions Inc.
  • athenahealth Inc.
  • Cerner Corp.
  • CureMD.com Inc.
  • Epic Systems Corp.
  • Greenway Health LLC
  • McKesson Corp.
  • Medical Information Technology Inc.
  • Siemens Healthineers AG

 

The EHR market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the electronic health records market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Electronic Health Records Market?

Electronic-Health-Records-Market-Market-Share-by-Region-2020-2025

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40% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for electronic health records in North America. However, the market growth rate in North America will be slower than the growth of the market in other regions.

To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Deployment Segments in the Electronic Health Records Market?

Electronic-Health-Records-Market-Market-Share-by-Deployment-2020-2025

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The electronic health records market share growth by the on-premise segment will be significant during the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the EHR market size.

 

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What are the Key Factors Covered in this Electronic Health Records Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive electronic health records market growth during the next five years
  • Precise estimation of the electronic health records market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electronic health records industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electronic health records market vendors

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Electronic Health Records Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 12%

Market growth 2021-2025

$ 24.19 billion

Market structure

Fragmented

YoY growth (%)

14.96

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 40%

Key consumer countries

US, Canada, UK, Germany, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AdvancedMD Inc., Allscripts Healthcare Solutions Inc., athenahealth Inc., Cerner Corp., CureMD.com Inc., Epic Systems Corp., Greenway Health LLC, McKesson Corp., Medical Information Technology Inc., and Siemens Healthineers AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Deployment

    • Market segments
    • Comparison by Deployment
    • On-premise - Market size and forecast 2020-2025
    • Cloud-based - Market size and forecast 2020-2025
    • Market opportunity by Deployment

    Market Segmentation by Component

    • Market segments
    • Comparison by Component
    • Services - Market size and forecast 2020-2025
    • Software - Market size and forecast 2020-2025
    • Hardware - Market size and forecast 2020-2025
    • Market opportunity by Component

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • Asia - Market size and forecast 2020-2025
    • ROW - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • AdvancedMD Inc.
    • Allscripts Healthcare Solutions Inc.
    • athenahealth Inc.
    • Cerner Corp.
    • CureMD.com Inc.
    • Epic Systems Corp.
    • Greenway Health LLC
    • McKesson Corp.
    • Medical Information Technology Inc.
    • Siemens Healthineers AG

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The electronic health records market growth will increase by $14.06 billion during 2019-2024.
    The electronic health records market is expected to grow at a CAGR of 8.65% during 2019-2024.
    Technavio has segmented the electronic health records market by deployment (On-premise and Cloud-based) and geographic (North America, Europe, APAC, MEA, and South America).
    AdvancedMD Inc., Allscripts Healthcare Solutions Inc., athenahealth Inc., Cerner Corp., CureMD.com Inc., Epic Systems Corp., Greenway Health LLC, McKesson Corp., Medical Information Technology Inc., Siemens Healthineers AG are a few of the key vendors in the electronic health records market.
    North America will register the highest growth rate of 43.53% among the other regions. Therefore, the electronic health records market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the electronic health records market growth are:
    • Benefits of EHR leading to rise in adoption
    • Rising demand for self-medication and homecare medical devices
    The electronic health records market vendors should focus on grabbing business opportunities from the on-premise segment as it accounted for the largest market share in the base year.
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