Ambulatory Electronic Health Records (EHR) Market (Deployment Mode - Cloud-based Solutions, and On-premise Solutions; Practice Size - Small Practices, Medium-sized Practices, and Large Practices; Application - Practice Management, Patient Management, E-prescribing, Referral Management, Population Health Management, and Other; End User - Hospital Owned Ambulatory Centers, and Independent Ambulatory Centers): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

A recent report published by Infinium Global Research on ambulatory electronic health records (EHR) market provides in-depth analysis of segments and sub-segments in the global as well as regional ambulatory electronic health records (EHR) market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional ambulatory electronic health records (EHR) market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global ambulatory electronic health records (EHR) market.

Market Insight:

The global ambulatory Electronic Health Records (EHR) market was valued at USD 5.92 billion in 2022 and is expected to reach USD 9.82 billion in 2030, with a CAGR of a 5.72% during the forecast period 2023-2030.

Ambulatory Electronic Health Records (EHR) have a pivotal role in the modern healthcare sector. The Ambulatory EHR digitizes and then organizes the overall health-related information of patients. The main use of such systems is to access the data seamlessly. Healthcare service providers are the prominent end-users in this market. The providers can improve the time required for collecting patients' information. This system improves the operational efficiency of the facility. Ambulatory HER helps to store complete medical data online, particularly for non-hospitalized surgeries and treatments. The portability of the system is convenient for medical professionals because it makes monitoring health history easy. The physicians who install the software can easily generate important patient health records. This enhances their understanding regarding the health of patients for better diagnoses.

The ambulatory Electronic Health Records (EHR) market is driven by various interconnected factors. The increasing adoption of EHR solutions in developed regions, where healthcare providers are aware of the benefits of digital health records. Moreover, the growing government initiatives and incentives to encourage the adoption of electronic health record systems are propelling the growth of the ambulatory EHR market over the period. For instance, the Meaningful Use program in the United States is a government program and regulatory measure that offers financial support to healthcare providers to raise the adoption of ambulatory EHR systems. However, the establishment cost and financial burden associated with the adoption of ambulatory EHR systems may hamper the market growth. Healthcare organizations, especially small-scale healthcare providers often struggle with the high expenses of ambulatory EHR system adoption. For the adoption of such systems, there is a requirement for hardware, training, software licensing, and lastly ongoing maintenance. These costs can strain the budgets of the providers and further limit revenue generation. Furthermore, the market includes the development of machine learning and deep learning technologies, along with updated technology is creating new growth opportunities for the market.

North America is the fastest-growing region in the ambulatory EHR market. With the presence of developed countries such as the United States and Canada. These are some leading countries in the adoption of ambulatory EHR systems, due to the developed and well-established healthcare facilities. Due to this, the region is projected to maintain a prominent position in the market over the period. Moreover, the Asia-Pacific region is anticipated to be the fastest-growing region in the ambulatory EHR market during the forecast period. The significant investments by government bodies in EHR systems, along with the investments by non-profit organizations are propelling the growth of the market. In addition, the rising aging population and increasing incidence of chronic diseases among the population is contributing to the growth of the market mainly in countries like China and India. China and India are among the most populated countries in the world. Thus, the continuous rise in population is generating the need for advanced healthcare systems to arrange large scale data, further supporting the growth of the ambulatory EHR market in Asia-Pacific region.

Report Scope of the Ambulatory Electronic Health Records (EHR) Market:

Segment Covered

The report on global ambulatory electronic health records (EHR) market covers segments such as deployment mode, practice size, application, and end user. On the basis of deployment mode, the sub-markets include cloud-based solutions, and on-premise solutions. On the basis of practice size, the sub-markets include small practices, medium-sized practices, and large practices. On the basis of application, the sub-markets include practice management, patient management, e-prescribing, referral management, population health management, and other. On the basis of end user, the sub-markets include hospital owned ambulatory centers, and independent ambulatory centers.

Companies Profiled:

The report provides profiles of the companies in the market such as Allscripts healthcare solutions inc, CompuGroup Medical US, Athenahealth Inc., eClinicalWorks, Oracle Corporation, Medical Information Technology, Inc., Computer programs and systems, Greenway Health, LLC, Modernizing medicine, and Adanved Data Systems.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the ambulatory electronic health records (EHR) market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.