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Global Electronic Health Records Market 2016-2020

About the Electronic Health Records Market

EHR or EMR solutions are IT solutions used to store demographic and medication-related information of people visiting hospitals for diagnosis. With the increase in the user base of personal health information devices, we expect a high demand for applications involving monitoring of health conditions without visiting hospitals. Physicians now use EHR systems to access digital patient records. The availability of cloud-based solutions facilitates the use of the latest information technologies in these systems. The increase in the use of health and fitness applications in mobile devices creates a high demand for mobile health solutions, enabling healthcare providers to improve their productivity and reduce costs of their IT infrastructure. In addition, an increase in the advanced patient care system and third-platform technologies will likely boost the market growth.EHR adoption is picking up among clinics and hospitals as it is user-friendly and easy to manage. EHR stores patient health-related data such as past medications, radiology reports, and progress reports. These data are collected from different departments of hospitals such as laboratories and pharmacy and can be accessed from anywhere. It helps automate and streamline a healthcare service provider’s workflow.

Technavio’s analysts forecast the global electronic health records market to grow at a CAGR of 5.53% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global electronic health records market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from from EHR vendors. The global EHR market can be broadly classified into two categories based on the technology deployment model of EHR solutions and geographic concentration of vendors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electronic Health Records Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Allscripts Healthcare Solutions
  • Cerner
  • CPSI
  • Epic Systems
  • McKesson
Other prominent vendors
  • Advanced MD
  • CSC
  • CureMD
  • Dell
  • GE Healthcare
  • Greenway Health
  • MEDITECH
  • NextGen Healthcare
  • Practice Fusion
  • Siemens Medical Solutions
Market driver
  • Shift from ICD-9 to ICD-10
  • For a full, detailed list, view our report
Market challenge
  • High cost of EHR solutions
  • For a full, detailed list, view our report
Market trend
  • Increased adoption of predictive analytics
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Electronic Health Records Market 2016-2020

Technavio recognizes the following companies as the key players in the global electronic health records market: Allscripts Healthcare Solutions, Cerner, CPSI, Epic Systems, and McKesson.

Other Prominent Vendors in the market are: Advanced MD, CSC, CureMD, Dell, GE, Greenway Health, MEDITECH, NextGen Healthcare, Practice Fusion, and Siemens Medical Solutions.

Commenting on the report, an analyst from Technavio’s team said: “One trend impelling growth in this market is the increased adoption of predictive analytics. Healthcare organizations generate massive amount of clinical data such as patient health data and non-clinical data such as administrative and financial data. The ever increasing volume, variety, and velocity of clinical and non-clinical data have compelled healthcare organizations to implement statistical tools, data science, and mining technology.”

According to the report, one driver gaining traction in this market is the shift from ICD-9 to ICD-10. ICD is the medical categorization and standard diagnostics tool for epidemiology. It was introduced by WHO for population health management. ICD-10 is the latest version that has replaced the ICD-9 version of medical coding systems. Healthcare providers such as doctors, medical staffs, healthcare policy makers, medical coders, and medical researchers use ICD-10 to classify diseases and health-related issues.

Further, the report states that the high cost of EHR solutions will act as a significant barrier for this market’s growth. The cost of implementing healthcare information system is expensive as it requires installation of software, hardware, networking infrastructure, IT support, and training fees. In addition, the integration of EHR systems with pharmacy information and laboratory information systems for information exchange requires additional hardware and software installation costs that may not be affordable for hospitals in developing countries.

Companies Mentioned

Allscripts Healthcare Solutions, Cerner, CPSI, Epic Systems, McKesson, Advanced MD, CSC, CureMD, Dell, GE, Greenway Health, MEDITECH, NextGen Healthcare, Practice Fusion, and Siemens Medical Solutions.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global EHR market segmentation
      • Table Global EHR market by deployment model
      • Table Global EHR market subcategories
    • Countries covered
      • Table Countries covered for market analysis
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Global EHR market 2016-2020 ($ billions)
    • Contracts and deal analysis for EHR systems
      • Table Contracts and deal analysis for EHR systems
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Global EHR market by technology
      • Table Global EHR market by technology 2015
    • On-premise EHR market
      • Table Global EHR software market 2015-2020 ($ billions)
      • Table Global EHR IT services market 2015-2020 ($ billions)
      • Table Global EHR hardware market 2015-2020 ($ billions)
    • Cloud-based EHR
      • Table Global cloud-based EHR market 2015-2020 ($ billions)
  • Geographical segmentation
    • Global EHR market by geography
      • Table Global EHR market by geography 2015
    • Americas
    • EMEA
    • APAC
  • Market drivers
    • Shift from ICD-9 to ICD-10
    • Need to support healthcare 3.0 revolution
    • Rise in digital and connected healthcare technologies
    • Emergence of personalized and patient-centric healthcare services
    • EHR incentivizing policies and government regulations
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost of EHR solutions
    • Complexities in data migration
    • System integration and interoperability issues
    • EHR implementation issues in rural healthcare services
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increased adoption of predictive analytics
    • Proliferation of health and fitness device and application.
    • Encryption of EHR with biometrics technology
    • Growing popularity of e-prescription
    • Integration of telemedicine and EHR is on the rise
  • Vendor landscape
    • Competitive landscape
      • Table Competitive factors among vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Allscripts Healthcare Solutions
      • Table Allscripts: Healthcare products and services
      • Table Allscripts Healthcare Solutions: Solution offerings
    • Cerner
      • Table Cerner: Hospitals and health systems solutions
    • CPSI
      • Table CPSI: Evident product offerings
    • Epic Systems
    • McKesson
      • Table McKesson: EHR and practice management software solutions
      • Table McKesson: Healthcare products and services
  • Appendix
    • List of abbreviations
  • Explore Technavio

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