The global ambulatory EHR (electronic health record) market is projected to reach USD 6.66 Billion by 2027, according to a current analysis by Emergen Research. Due to the growing need to minimize operating costs in the healthcare sector, the global ambulatory EHR market is expected to expand significantly during the forecast period.
The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market
Key market participants include Modernizing Medicine, Inc., CureMD Healthcare Corporation, Epic Systems Corporation, McKesson Corporation, Greenway Health, LLC, Cerner Corporation, Allscripts Healthcare Solutions, Inc., Medical Information Technology, Incorporated, MTBC, Inc., Computer Programs, and Systems, Inc.
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Key Highlights of Report
In October 2019, Allscripts Healthcare Solutions, Inc. signed an arrangement with Northwell Health to develop the next-generation EHR systems. In order to effectively implement patient-facing tool, an artificial intelligence-based, voice-enabled, and cloud-based EHR would be built and validated with inputs from Northwell professionals, information technology specialists, and administration.
Increasing government efforts to introduce EHR systems in healthcare organizations are projected to promote growth of the global ambulatory EHR market in the near future. Moreover, rising government initiatives for maintaining and improving platforms for patient health records are anticipated to boost the global ambulatory EHR market further during the forecast period
The cloud-based segment is expected to dominate the market, expanding at a CAGR of 5.5% during the forecast period. The cloud-based ambulatory EHR solution offers advantages such as seamless installation, cost-effective deployment, reduction in IT requirements, comprehensive cooperation between healthcare professionals and patients, and excessive interoperability. This is anticipated to boost the segment in the near future.
Due to the ability of large practices to address quality issues of electronic health records, the large practice segment is projected to lead the market during the forecast period. In addition, increasing capital spending is another driver of the segment.
The practice management segment is expected to retain the largest market share during the forecast period. Application of practice management enables improvement in the management of clinical practices by expanding efficiency of the practice and lowering costs. In addition, advantages such as reduction in transcription costs and improved approaches to documenting are likely to drive the segment during the forecast period.
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the Ambulatory Ehr market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Ambulatory Ehr market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
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Emergen Research has segmented the global ambulatory EHR market on the basis of deployment, practice size, application, end-use, and region.
Deployment Outlook (Revenue, USD Billion; 2017–2027)
- Cloud-based
- On-premises
Practice Size Outlook (Revenue, USD Billion; 2017–2027)
- Solo Practices
- Large Practices
- Small-medium-sized Practices
Application Outlook (Revenue, USD Billion; 2017–2027)
- e-Prescribing
- Health Analytics
- Practice Management
- Referral Management
- Patient Management
- Decision Support
- Population Health Management
End-use Outlook (Revenue, USD Billion; 2017–2027)
- Independent Centers
- Hospital-owned Ambulatory Centers
- Others
Key points discussed in the report for Global Ambulatory Ehr Market:
Chapter 1: Introduction, market driving force product, Objectives of the Study, and Research Scope of the Ambulatory Ehr market
Chapter 2: Exclusive Summary –vital information of the Ambulatory Ehr Market.
Chapter 3: Market Dynamics- Drivers, Trends, and Challenges of the Ambulatory Ehr Market
Chapter 4: Ambulatory Ehr Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Market segmentation by Type, End-User and Region 2016-2018
Chapter 6: Analysis of the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 7 8: Appendix, Methodology and Data Source…Continued
Finally, Ambulatory Ehr Market is a valuable source of guidance for individuals and companies.
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