PUBLISHER: DataM Intelligence | PRODUCT CODE: 1654653
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1654653
The Global Electronic Health Records (EHR) Market reached US$ 32.97 billion in 2024 and is expected to reach US$ 50.78 billion by 2033, growing at a CAGR of 3.8% during the forecast period 2025-2033.
An electronic health record (EHR) is a digital collection of medical information about a person, including diagnoses, medications, tests, allergies, immunizations, and treatment plans. It is stored on a computer and accessible to all healthcare providers, enabling them to make recommendations about the patient's care. EHRs are also known as electronic medical records.
Market Dynamics: Drivers & Restraints
Rise in Government Initiatives and Regulatory Mandates
Government initiatives and regulatory mandates are driving the global adoption of Electronic Health Records (EHR) to improve efficiency, data accessibility, and patient outcomes. The HITECH Act in the US offers financial incentives for certified EHR systems, while the European Health Data Space (EHDS) focuses on data interoperability and cross-border healthcare services. Developing regions are investing in digital infrastructure to modernize healthcare systems, further expanding the EHR market. Regulatory frameworks mandate data privacy, security, and reporting compliance, ensuring safe and effective implementation of EHR systems. These initiatives foster innovation and improve global healthcare delivery.
For instance, in April 2024, The Union Health Ministry has launched the myCGHS app for iOS devices, aiming to improve access to Electronic Health Records, information, and resources for beneficiaries of the Central Government Health Scheme (CGHS). The app, developed by the National Informatics Centre (NIC) Himachal Pradesh and NIC Health Team, offers a range of health services and demonstrates the government's commitment to technology.
Data Privacy and Security Concerns
The global Electronic Health Records (EHR) market faces challenges due to data privacy and security concerns. EHR systems store sensitive patient information, making them vulnerable to cyberattacks and data breaches. These incidents compromise patient privacy and erode trust in digital healthcare solutions. Healthcare organizations face compliance with regulations like HIPAA and GDPR, and managing cross-border data sharing while maintaining security is complex. Smaller providers may struggle to implement robust cybersecurity measures, deterring them from adopting EHR systems. Investment in advanced security protocols, regular audits, and training could slow the adoption of EHR technology.
The global Electronic Health Records (EHR) market is segmented based on Product Type, Component, Application, End User and Region.
Web/Cloud-based EHR segment is expected to dominate the Electronic Health Records (EHR) market share
The web/cloud-based segment holds a major portion of the electronic health records (EHR) market share and is expected to continue to hold a significant portion of the electronic health records (EHR) market share during the forecast period.
The global electronic health records market is growing due to the scalability, cost-effectiveness, and ease of deployment of web and cloud-based EHR systems. These solutions allow healthcare providers to access patient data in real-time, improving care coordination and decision-making. Cloud-based EHRs reduce upfront investments in hardware and IT infrastructure, making them attractive for small and medium-sized organizations. They facilitate interoperability and data sharing, critical for population health management and value-based care. The integration of advanced technologies like AI and machine learning enhances their functionality.
For instance, in October 2024, Oracle has introduced an AI-driven update to its EHR software, allowing it to operate in a speech-driven manner, allowing healthcare professionals more time to deliver care. The cloud-based EHR, which was acquired by Oracle for $28 billion in 2022, is not based on Cerner's technology, meaning existing Cerner clients will eventually have to switch to the new Oracle EHR. The AI-driven, cloud-based EHR aims to ease administrative burdens and improve patient care.
Application:-
Cardiology segment is the fastest-growing segment in Electronic Health Records (EHR) market share
The cardiology segment is the fastest-growing segment in the electronic health records (EHR) market share and is expected to hold the market share over the forecast period.
Cardiology applications are crucial in the global Electronic Health Records (EHR) market, addressing the complex needs of cardiovascular care. These modules manage cardiac patient data, including diagnostic imaging, test results, and treatment plans, enabling cardiologists to track patient progress and ensure adherence to clinical guidelines. The integration of advanced tools like real-time ECG monitoring, risk stratification analytics, and imaging interoperability enhances the efficiency of cardiovascular care. With the increasing prevalence of cardiovascular diseases, cardiology-focused EHR solutions are vital for improving patient outcomes, streamlining workflows, and supporting value-based care initiatives.
For instance, in July 2024, Intrahealth, a subsidiary of HEALWELL AI, has launched an AI-powered co-pilot for cardiologists exclusively powered by HEALWELL AI. The co-pilot aims to identify patients at high risk of cardiovascular disease, a significant advancement in healthcare technology, as well as a significant step towards enhancing care delivery.
North America is expected to hold a significant position in the Electronic Health Records (EHR) market share
North America holds a substantial position in the electronic health records (EHR) market and is expected to hold most of the market share due to robust healthcare infrastructure and government initiatives. The HITECH Act and financial incentives have boosted adoption rates. The region also benefits from high healthcare IT spending, chronic disease prevalence, and patient-centric care. The integration of AI and cloud-based solutions in EHR systems further propels the market in North America.
For instance, in September 2024, Oracle Health is enhanced its electronic health record (EHR) technology to improve clinician efficiency and patient care. The company has invested in core clinical applications since the Cerner acquisition, enhancing performance, usability, and security. Oracle is committed to making its EHR functional and user-friendly, while also building a next-generation platform leveraging Oracle Cloud Infrastructure's performance, security, and AI capabilities.
Europe is growing at the fastest pace in the Electronic Health Records (EHR) market
Europe holds the fastest pace in the electronic health records (EHR) market and is expected to hold most of the market share due to investments in digital health initiatives and government mandates for interoperable healthcare systems. Programs like EHDS and country-specific digital transformation plans support EHR adoption. The aging population and rising chronic diseases demand efficient healthcare data management. Europe's focus on cross-border healthcare services, data exchange, and advanced technologies like blockchain and AI contributes to market growth.
The German electronic patient record (ePA) was introduced on 15 January 2025 for all statutory insured persons who haven't opted out. However, a Civey survey by eco reveals that 65% of respondents didn't feel well informed about the ePA's introduction. Eco- Association of the Internet Industry believes that while the ePA has potential for improved patient care and more efficient healthware processes, it also emphasizes the need for public authorities and healthcare institutions to strengthen trust in digital health services.
The major global players in the Electronic Health Records (EHR) market include Epic Systems Corporation, Oracle Corporation, Veradigm LLC, MEDITECH, McKesson Corporation, GE Healthcare, NXGN Management, LLC, Athenahealth, eClinicalWorks, Greenway Health and among others.
The global electronic health records (EHR) market report delivers a detailed analysis with 62 key tables, more than 56 visually impactful figures, and 192 pages of expert insights, providing a complete view of the market landscape.
Target Audience 2024
Key Market Players
Emerging Market Players
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