United States Electronic Health Record (EHR) Market Report 2023-2028: Cloud-Based EHR Systems Gain Momentum with User-Friendly Features and Rapid Growth Projections

News provided by

Oct 25, 2023, 19:00 ET

DUBLIN, Oct. 25, 2023 /PRNewswire/ -- The "US Electronic Health Record (EHR) Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.

US Electronic Health Record (EHR) Market is projected to reach a value of $12.88 billion from $9.12 billion, growing at a CAGR of 5.9% during 2022-2028

The utilization of Electronic Health Records (EHR) in the United States has seen remarkable growth, with adoption rates soaring post-COVID-19. As of 2021, an impressive four out of five physicians, and over 90% of non-federal acute care facilities, have embraced EHR systems. This trend continues to escalate, driven by ongoing healthcare reforms.

EHR systems are revolutionizing healthcare by significantly reducing errors, automating workflows, enhancing patient management, and providing easy access to accurate information. Physicians are benefiting from streamlined workflows, allowing them to dedicate more time to patient care and expedite reimbursement filing processes.

The success of value-based healthcare relies on the seamless integration of doctors, patients, caregivers, IT professionals, and EHR vendors. Value-based healthcare emphasizes cost-effective, high-quality treatments. As reimbursement models for various treatments under value-based solutions undergo constant change, EHR systems play a pivotal role in ensuring efficient healthcare delivery.

Cloud-based EHR systems are the preferred choice in the market due to their user-friendliness and minimal maintenance requirements. This segment is poised for rapid growth, with an anticipated absolute growth rate exceeding 45%. EHR systems provide crucial clinical functions such as health information management, results tracking, order processing, and decision support. Their primary objective is to efficiently manage the information needed by healthcare professionals to deliver effective care.

The clinical research sector is experiencing substantial growth, with the introduction of remote clinical trials and increased adoption of digital tools. EHR systems play a vital role in handling large volumes of data and enabling real-time research tracking. Healthcare administrative databases serve as valuable resources for research purposes, though they come with limitations such as data duplication. EHR software effectively addresses duplication issues, further enhancing their utility in research.

The healthcare landscape is witnessing an upsurge in healthcare facilities, a continuous rise in the patient population, and rapid digitalization, propelling the market toward innovative advancements.

MARKET STRUCTURE

Market Dynamics
Competitive Landscape
Key Vendors
Other Prominent Vendors
Strategic Recommendations
Quantitative Summary
Abbreviations

VENDORS LIST

Key Vendors

Epic
Oracle
Meditech

Other Prominent Vendors

Eclinicalworks
Amkai Solutions
Amrita Medical Solutions
Angel's Avenue
Askesis Development Group
Cantata
Cgi
Credible
Dss
Empowersystems
Evident
Feisystems
Harris Healthcare
Healthcare Software
Icanotes
Indian Health Services
Infomedika
Intersystems
Marshfield Clinic's
Medconnect
Medez
Medspehre Systems Corporation
Meta Healthcare It Solutions
Mindlinc
Morris Systems
Netsmart Technologies
Nextgen
Ntt Data
Optimus Emr
Prognosis Innovation Healthcare
Psytech Solutions
Qualifacts Systems
Sigma Care
Sigmund Software
Source Medical Solutions
Technomad
Tenzing Medical
World Vista
Athenahealth
Allscripts
Medhost

SEGMENTATION & FORECAST

Deployment

Cloud-Based
On-Premise

End-User

Hospitals
Diagnostic Imaging Centers
Standalone Urgent/Emergency Centres
Others

Application

Clinical
Administrative
Reporting Healthcare System
Healthcare Financing
Clinical Research

For more information about this report visit https://www.researchandmarkets.com/r/shq95a

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets