Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Electronic Health Records Market Surges to USD 38.8 Billion by 2030, Propelled by 4.6% CAGR - Verified Market Reports®


News provided by

Verified Market Reports

29 Nov, 2024, 16:00 GMT

Share this article

Share toX

Share this article

Share toX

The Electronic Health Records (EHR) market is driven by the growing demand for efficient healthcare management systems, increased government initiatives for digitalization in healthcare, and the need for improved patient outcomes through integrated data. Advancements in technology, such as AI and cloud-based EHR solutions, are enhancing usability and accessibility. Additionally, the rising prevalence of chronic diseases and the aging population are fueling adoption.

LEWES, Del., Nov. 29, 2024 /PRNewswire/ -- The Global Electronic Health Records Market is projected to grow at a CAGR of 4.6% from 2024 to 2030, according to a new report published by  Verified Market Reports®. The report reveals that the market was valued at USD 29.09 Billion in 2023 and is expected to reach USD 38.8 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketreports.com/download-sample/?rid=535802

Continue Reading
This image opens in the lightbox
VM_Reports

Browse in-depth TOC on Electronic Health Records Market

202 - Pages
126 – Tables
37 – Figures

Scope of The Report

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2021-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2021-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

PA SUN, IBM, PCCW Solution, PKU Healthcare IT Co. Ltd, Kingdee, Duchang IT, GoodWill, Wining, Neusoft, Allscripts Healthcare Solutions, Athenahealth, Cerner Corporation

SEGMENTS COVERED

By Type, By Application, By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Global Electronic Health Records Market Overview

Market Drivers Fueling Growth in the Electronic Health Records Market

1. Government Initiatives and Regulatory Mandates

The growing adoption of electronic health records (EHR) is driven by government incentives and compliance requirements. Many nations have implemented policies to promote digital healthcare systems, such as the HITECH Act in the U.S. This act provides financial incentives to healthcare providers for adopting certified EHR technology. Regulatory mandates also ensure standardization and data security, enhancing trust in EHR systems. These factors collectively fuel market growth by encouraging widespread adoption.

2. Increasing Demand for Patient-Centric Care

The shift towards patient-centric healthcare models has significantly boosted the demand for EHR systems. Patients expect seamless access to their medical records, personalized treatment plans, and efficient communication with providers. EHR platforms enable these capabilities, improving patient satisfaction and outcomes. Additionally, they facilitate better coordination among healthcare professionals, reducing errors and redundancies. This alignment with evolving patient needs positions EHR systems as indispensable tools.

3. Technological Advancements in EHR Systems

Rapid advancements in technology have transformed EHR systems into powerful, user-friendly platforms. Integration of artificial intelligence, telehealth capabilities, and data analytics enhances decision-making and operational efficiency. Cloud-based solutions offer scalability and cost-effectiveness, making EHRs accessible to smaller healthcare facilities. Innovations in interoperability allow seamless data exchange across systems, improving collaboration among providers. These advancements ensure the continuous evolution and expansion of the EHR market.

To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketreports.com/download-sample/?rid=535802

Market Restraints Limiting Expansion in the Electronic Health Records Market

1. High Implementation Costs

The adoption of Electronic Health Records often requires significant financial investment in infrastructure, software, and training. For smaller healthcare providers, these costs can be prohibitive, creating a barrier to entry. Furthermore, ongoing maintenance and upgrade expenses add to the burden, discouraging adoption. Many organizations struggle to justify the initial outlay without immediate or visible returns. This cost-related restraint limits the market's growth, particularly in developing economies.

2. Interoperability Challenges

Interoperability between different EHR systems remains a persistent issue. Lack of standardization hinders the seamless exchange of patient data across platforms and institutions. This affects the efficiency of healthcare delivery and patient outcomes, reducing user satisfaction. Vendors often prioritize proprietary features, further complicating compatibility. These interoperability gaps act as a deterrent to widespread adoption and scaling of EHR solutions.

3. Data Security and Privacy Concerns

EHR systems store sensitive patient information, making them a prime target for cyberattacks. Breaches can result in severe consequences, including legal liabilities, financial losses, and reputational damage. Many healthcare providers hesitate to adopt these systems due to inadequate data protection measures and compliance risks. Addressing privacy concerns and aligning with stringent regulations like GDPR and HIPAA adds complexity. These concerns pose a significant restraint on the EHR market's growth.

Geographic Dominance

The Electronic Health Records (EHR) market demonstrates notable geographic variations in adoption and growth. North America, particularly the United States, leads the market due to strong government incentives like the HITECH Act and widespread healthcare digitization initiatives. Europe follows closely, with many countries implementing national EHR systems and regulatory frameworks to promote digital healthcare. The European market also benefits from advanced infrastructure and high healthcare standards. In Africa, EHR adoption is slower, driven by resource constraints and infrastructure challenges, though some countries are making strides in integrating digital health solutions. Asia presents a mixed landscape; nations like Japan and South Korea are leaders in EHR adoption, while countries in Southeast Asia and India are gradually transitioning to digital records. The diversity in healthcare systems, economic conditions, and government policies in these regions influences the pace of EHR implementation.

Electronic Health Records Market Key Players Shaping the Future 

Major players, including PA SUN, IBM, PCCW Solution, PKU Healthcare IT Co. Ltd, Kingdee, Duchang IT, GoodWill, Wining, Neusoft, Allscripts Healthcare Solutions and more, play a pivotal role in shaping the future of the Electronic Health Records Market. Financial statements, product benchmarking, and SWOT analysis provide valuable insights into the industry's key players.

Electronic Health Records Market Segment Analysis

Based on the research, Verified Market Reports® has segmented the global Electronic Health Records Market into Type, Application and Geography.

  • Electronic Health Records Market, By Type
    • Web Based
    • Client Server Based
    • Software as Services
  • Electronic Health Records Market, By Application
    • Hospital
    • Physician Office
    • Ambulatory surgery Centers
  • Electronic Health Records Market, By Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Global Electronic Health Scale Market By Type (Battery Type, Plug-in Type), By Application (Household, Commercial), By Geographic Scope And Forecast

Global Electronic Health Records Software Market By Type (Open Source Software, Non-open Source Software), By Application (Hospital, Clinical), By Geographic Scope And Forecast

Global Electronic Health Record (EHR) Software Solutions Market By Type (Cloud-based, On-premise), By Application (Hospitals, Clinics), By Geographic Scope And Forecast

Global Electronic Medical Record EMR Systems Market By Type (Hardware, Software), By Application (Physician Office, Hospital), By Geographic Scope And Forecast

Global Behavioral Health EHR Market By Type (Cloud Based, On-Premise), By Application (Private, State-owned), By Geographic Scope And Forecast

About Us

Verified Market Reports® ­stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, Verified Market Reports has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, Verified Market Reports leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

Verified Market Reports' domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Reports® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights Verified Market Reports' dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

Contact Us
Mr. Edwyne Fernandes
Verified Market Reports®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketreports.com 
Web: https://www.verifiedmarketreports.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/2486715/VM_Reports.jpg

Modal title

Also from this source

Generator Market Surges to USD 32.1 Billion by 2033, Propelled by 5.3% CAGR - Verified Market Reports®

Generator Market Surges to USD 32.1 Billion by 2033, Propelled by 5.3% CAGR - Verified Market Reports®

The Global Generator Market is projected to grow at a CAGR of 5.3% from 2026 to 2033, according to a new report published by Verified Market Reports®....

Car Rental Market Surges to USD 92.69 Billion by 2033, Propelled by 7.5% CAGR - Verified Market Reports®

Car Rental Market Surges to USD 92.69 Billion by 2033, Propelled by 7.5% CAGR - Verified Market Reports®

The Global Car Rental Market is projected to grow at a CAGR of 7.5% from 2026 to 2033, according to a new report published by Verified Market...

More Releases From This Source

Explore

Computer & Electronics

Computer & Electronics

Health Care & Hospitals

Health Care & Hospitals

Computer Software

Computer Software

Computer Software

Computer Software

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.