North America Electronic Health Record (EHR) Market Segmentation, Analysis by Recent Trends, Development and Growth by 2028
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The Electronic Health Record (EHR) Market in North America is expected to grow from US$ 10,236.8 million in 2021 to US$ 14,064.1 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
Health systems are experiencing growing consumer en... moreNorth America Electronic Health Record (EHR) Market Segmentation, Analysis by Recent Trends, Development and Growth by 2028
Get Full Report: https://www.businessmarketinsights.com/reports/north-america-electronic-health-record-ehr-market
The Electronic Health Record (EHR) Market in North America is expected to grow from US$ 10,236.8 million in 2021 to US$ 14,064.1 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
Health systems are experiencing growing consumer engagement worldwide. In developing countries, health systems are becoming more technologically friendly. These are experiencing an internationalization of care as established brands, as well as start-ups, are expanding their businesses. For instance, the US-based Cleveland Clinic is expanding its markets in the UAE. Also, COVID-19 has accelerated the use of digital health technologies globally. The pandemic has prioritized remote monitoring solutions. Governments in the region are promoting telemedicine, offering lucrative opportunities for the patient portal market in coming years.
North America Electronic Health Record (EHR) Market Segmentation
By Installation Type
Cloud-Based
On-Premise
By Type
Acute EHR
Ambulatory EHR
Post-Acute HER
By End User
Hospitals
Diagnostic and Imaging Centers
Ambulatory Care Centers
Pharmacies
Other
By Country
North America
US
Canada
Mexico
Companies Mentioned
Cerner Corporation
COMPUTER PROGRAMS AND SYSTEMS, INC.
Allscripts Healthcare Solutions, Inc.
McKesson Corporation
Epic Systems Corporation.
NextGen Healthcare
eClinicalWorks
Greenway Health
AdvancedMD, Inc.
CureMD Healthcare
I
ntroduction: The Rise of Digital Healthcare with EHRs
Electronic Health Records (EHRs) are revolutionizing healthcare by providing a comprehensive, digital view of a patient's medical history. These real-time, patient-centric records, accessible to authorized professionals, contain everything from medications and allergies to treatment plans and lab results. The increasing adoption of EHR systems is driving significant market growth, as healthcare providers recognize their efficiency and value in improving patient care.
COVID-19's Impact and EHR Acceleration in North America
The COVID-19 pandemic severely impacted North America's healthcare systems, particularly in the US and Canada. The strain on hospitals and the focus on COVID-19 diagnostics and therapeutics led to a drastic decline in routine healthcare services. Reports from the Epic Health Research Network revealed staggering drops in cancer screenings during the early pandemic months. Similarly, IQVIA data showed a delayed recovery in oncology visits, highlighting the potential for long-term health consequences from delayed diagnoses. This disruption underscored the need for robust digital health infrastructure.
The pandemic accelerated the adoption of EHRs, as healthcare providers sought solutions to manage patient data remotely, facilitate telehealth, and improve care coordination. The shift towards digital records is expected to continue, driving significant growth in the EHR market throughout the forecast period.
North American EHR Market: Strategic Insights for Success
Understanding the nuances of the North American EHR market is crucial for stakeholders seeking to capitalize on its growth potential. Strategic insights, powered by data-driven analysis, provide a roadmap for navigating this dynamic landscape. These insights delve into:
Current Trends: Identifying emerging technologies, regulatory changes, and evolving patient needs.
Key Players: Analyzing the competitive landscape and identifying market leaders.
Regional Nuances: Recognizing variations in adoption rates and healthcare infrastructure across North America.
By leveraging these insights, businesses can:
Identify Untapped Segments: Discover new market opportunities and tailor solutions to specific needs.
Develop Unique Value Propositions: Differentiate themselves from competitors by offering innovative and effective EHR solutions.
Anticipate Market Shifts: Stay ahead of the curve by understanding future trends and adapting strategies accordingly.
Make Informed Decisions: Drive profitability and achieve business objectives through data-backed strategic planning.
Ultimately, strategic insights empower stakeholders—from investors to manufacturers—to navigate the complexities of the North American EHR market and achieve sustainable success.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
