The electronic health records (EHR) market refers to the sales and distribution of software systems used to electronically store and manage patient health information. EHR systems are designed to improve the efficiency, accuracy, and accessibility of patient health information, and are widely used in hospitals, clinics, and other healthcare facilities.
The global EHR market is driven by the growing need to improve healthcare quality and efficiency, and to reduce healthcare costs. The increasing adoption of digital health technology and the growing use of big data and analytics in healthcare are also driving the growth of the EHR market.
The EHR market can be segmented into different categories, including standalone EHR systems, integrated EHR systems, and cloud-based EHR systems. Standalone EHR systems are used by single clinics or practitioners, while integrated EHR systems are used by larger healthcare organizations and connect multiple facilities and practitioners. Cloud-based EHR systems are accessed via the internet, and are becoming increasingly popular due to their lower costs and ease of implementation.
The North American region is the largest market for EHR systems, due to the widespread adoption of EHRs in the United States and Canada. The European region is also a significant market for EHR systems, with countries such as Germany, France, and the United Kingdom leading the way in EHR adoption.
However, the market is affected by the high costs of implementation, maintenance and training, and also by the lack of standardization in EHR systems and data exchange, which can make it difficult for healthcare providers to share and access patient information across different systems.
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Key Market Segments in Electronic Health Records Industry Research
- By Product
- Client-server-based EHR
- Web-based EHR
- By Type
- Acute Electronic Health Records
- Ambulatory Electronic Health Records
- Post-acute Electronic Health Records
- By End Use
- Electronic Health Records for Hospital Use
- Electronic Health Records for Ambulatory Use
- Physician’s Clinic
- By Business Model
- Licensed Electronic Health Records Software
- Electronic Health Records Technology Resale
- Electronic Health Records Subscriptions
- Electronic Health Records Professional Services
- Other Electronic Health Records Business Models
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Key Companies Profiled
- Cerner Corporation (Oracle)
- GE Healthcare
- Allscripts Healthcare LLC
- McKesson Corporation
- Epic Systems Corporation;
- NextGen Healthcare, Inc.
- Health Information Management Systems
- AdvancedMD, Inc.
Key Takeaways from Market Study
- The Europe electronic health records market is valued at US$ 6.7 billion and is projected to reach US$ 10.5 billion by the end of 2032.
- During the years 2017-2021, the electronic health records market in Europe witnessed 3% CAGR.
- Under the solution segment, EHR software dominates the market by holding 63.6% share.
- Hospitals lead the market with 29.1% share and are projected to rise at 4.9% CAGR over the assessment period.
- Germany holds 19.9% market share and is projected to rise at 4.9% CAGR during the forecast years.
- Together, Germany and France are likely to represent 37.3% of the overall market share in 2022.
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the Europe electronic health records market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights by solution (EHR software (cloud-based EHR, on-premise EHR), services (consulting, implementation, support & maintenance)) and end use (hospitals, specialty clinics, ambulatory surgical centres, diagnostic labs, others), across major countries of Europe (Germany, Italy, France, Spain, U.K., NORDICS, BENELUX, and the Rest of Europe)
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