North America Electronic Health Records Market Size, Share & Trends Analysis Report By Type (Acute, Post Acute), By Application (Radiology, Oncology), By Product, By Business Models, By End-use, By Country, And Segment Forecasts, 2024 - 2030

North America Electronic Health Records Market Size, Share & Trends Analysis Report By Type (Acute, Post Acute), By Application (Radiology, Oncology), By Product, By Business Models, By End-use, By Country, And Segment Forecasts, 2024 - 2030

North America Electronic Health Records Market Growth & Trends

The North America electronic health records market size is anticipated to reach USD 15.39 billion by 2030 and is anticipated to expand at a CAGR of 2.46% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market's growth can be attributed to the increase in proactive government initiatives to enhance healthcare information technology (HCIT) usage, growing trend of preventive healthcare & rising funding for digital health solutions startups, and rise in demand for centralized & streamlined healthcare administration across North America.

Moreover, the growing partnerships & collaborations of local service providers with major electronic health record (EHR) providers to offer EHR products and services in North America are expected to propel the market's growth over the forecast period. The rising partnership by industry providers to increase their capabilities, improve their competencies, and expand their product & service portfolios. For instance, in April 2024, Auxilio Mutuo Hospital, a private nonprofit hospital, partnered with Oracle to provide staff and clinicians with a comprehensive, simplified view of patient's health data by selecting Oracle Health's EHR. In addition, the hospital chose Oracle Health's RevElate Patient Accounting to provide an automated billing process and bring together a convenient, clear view of clinical & financial data.

North America Electronic Health Record Market Report Highlights

• Based on the product, the web-based EHR segment held the largest market share in 2023. This can be attributed to the growing adoption rate by physicians and healthcare providers
• Based on type, the acute segment dominated the market with the largest market share in 2023 owing to the growing government initiative to adopt EHRs to improve patient care, streamline workflows, and meet regulatory requirements
• Based on business model, professional services dominated the market with the largest market share in 2023. Professional services help healthcare organizations design and implement EHR systems more effectively, leading to improved patient outcomes and enhanced decision-making based on health data
• Based on application, the cardiology segment is expected to grow at the fastest CAGR during the forecast period, owing to the rising incidence of hospitalization of patients diagnosed with cardiovascular diseases
• Based on end-use, hospital use dominated the market with the largest market share in 2023, owing to the rising need for enhancing information systems in hospitals
• Based on country, the U.S. country dominated the market with the largest market share in 2023, owing to the rising need for interoperability between different EHR systems and rising investment in R&D in the healthcare sector
• In April 2024, Oracle announced an Autonomous Shield Plan to assist customers in transitioning to a comprehensive EHR and Cloud Infrastructure solution, minimizing risk and enhancing system performance

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