Report : Electronic Health Record (EHR) Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Installation Type (Cloud-Based, On-Premise); Type (Acute EHR, Ambulatory EHR, Post-Acute EHR); End User (Hospitals, Pharmacies, Diagnostic and Imaging Centers, Ambulatory Care Centers, Other End Users), and Geography
Acute EHR Segment to Register Highest CAGR During 2021–2028
According to our latest study on “Electronic Health Record (EHR) Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Installation Type, Type, and End User,” the market was valued at US$ 14,054.05 million in 2020 and it is projected to reach US$ 20,318.02 million by 2028; it is expected to grow at a CAGR of 4.9% during 2021–2028. The report highlights trends prevailing in the market and the factors driving and restraining the market growth.
Based on type, the global electronic health record (EHR) market is segmented into acute EHR, ambulatory EHR, and post-acute EHR. The acute EHR segment held the largest share of the market in 2020, and the same segment is anticipated to register the highest CAGR in the market during the forecast period.
The growth of the electronic health record (EHR) market can be attributed to the factors such as the increasing adoption of Electronic Health Records (EHRs), rising incentives by federal government, and growing incidences of medication errors. However, concerns regarding data privacy and physician burnout hinder the market growth. Cerner Corporation, Computer Programs and Systems, Inc., Allscripts Healthcare Solutions, Inc., McKesson Corporation, Epic Systems Corporation, NextGen Healthcare, eClinicalWorks, Greenway Health, AdvancedMD, Inc., and CureMD Healthcare are among the major companies operating in the market.
The report segments global electronic health record (EHR) market as follows:
By Installation Type
By End User