Ambulatory EHR Market Report
The report on the Global Ambulatory EHR Market is segmented By Delivery Mode (Cloud-based Solutions, On-premises Solutions), Practice Size (Large Practices, Medium-Sized Practices, Small Practices), Application (Practice Management, Patient Management, E-prescribing, Population Health Management, Other), End-User (Hospital-owned Ambulatory Centers, Independent Ambulatory Centers) and Region. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Ambulatory EHR market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
The report on the Global Ambulatory EHR Market is segmented By Delivery Mode (Cloud-based Solutions, On-premises Solutions), Practice Size (Large Practices, Medium-Sized Practices, Small Practices), Application (Practice Management, Patient Management, E-prescribing, Population Health Management, Other), End-User (...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
The Global Ambulatory EHR Market is expected to grow from USD 5.1 billion in 2020 to USD 7.0 billion by 2026 at a CAGR of over 5.5% during the forecast period.
Figure: Global Ambulatory EHR Market Size, 2020-2026 (USD Billion)
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Electronic health record (EHR) is a record of patients’ paper chart in digital form. Ambulatory EHR is used in the outpatient settings and medical practices. It allows the users to access all the information about the patients including medical history, personal statistics, test results, allergies, medication and demographics among others. It allows the physician to monitor the patients’ health more effectively and take decision accordingly.
Key players operating in the global Ambulatory EHR Market are-
The growth of the global ambulatory EHR market is primarily driven by the increasing adoption of EHR to exchange information more effectively coupled with increasing government support & incentives aimed at promoting the adoption of EHR.
It helps the physician to treat patients with chronic diseases more effectively. Growing emphasis by the players operating in the healthcare industry to develop more technologically advanced solutions to healthcare issues is likely to add to the market growth significantly.
However, the high cost associated with the deployment of EHR technology is likely to pose a hindrance in the market growth.
Based on delivery mode, the market has been segmented into cloud-based solutions and on-premise solutions.
Geographically, the market in North America accounted for the largest market share in 2020 and is expected to continue its dominance over the forecast period owing to the presence of key market players and the presence of established healthcare industry. The market in the Asia-Pacific region is projected to register the fastest growth during the review period on account of growing digitalization, government support, and high investment in healthcare infrastructure development.
The covid-19 outbreak is projected to have a positive impact on the growth of the ambulatory EHR as with the surge in covid-19 cases, the number of patients visiting hospitals increased. This has resulted in a shortage of healthcare providers to consult every patient. Thus, the number of teleconsultations increased significantly. This is likely to lead to the integration of EHR in healthcare solutions and thus, promotes market growth.
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The following is a list of the customers that the Global Ambulatory market aims to convert the most:
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The ambulatory EHR market size is expected to reach USD 7.0 billion in the coming years.
Epic Systems Corporation (The U.S), Athenahealth (The U.S), eClinicalWorks (The U.S), E-Mds, Inc. (The U.S), Amazing Charts, LLC (The U.S), Greenway Health, LLC (The U.S), CureMD Healthcare (The U.S), CareCloud, Inc. (The U.S), Netsmart Technologies (The U.S), Modernizing Medicine, Inc. (The U.S), Kareo (The U.S), DrChrono (The U.S) and Advanced Data Systems Corporation (The U.S) are among the key players in the ambulatory EHR market.
The ambulatory EHR market is expected to witness an impressive growth of 5.5% CAGR in the foreseeable future.
North America is expected to remain dominant in the ambulatory EHR market during the forecast period.
Asia-pacific is expected to register the fastest growth in the ambulatory EHR market in the coming years.
The cloud-based solutions segment accounted for the largest share in the ambulatory EHR market in 2020.
Ambulatory EHR manufacturers, Ambulatory EHR suppliers, Ambulatory EHR distributors, Organizations, Government bodies are the target audience in the ambulatory EHR market.