Global Ambulatory Electronic Medical Records (EMR) Market, By Delivery Mode (Cloud-Based Solutions, On-Premise Solutions), Application (Practice Management, Patient Management, E-Prescribing, Referral Management, Population Health Management, Decision Support, Health Analytics), Practice Type (Large Practices, Small-to-Medium-Sized Practices, Solo Practices), End- Users (Hospital-Owned Ambulatory Centres, Independent Centres), Component (Hardware, Software, Web- Based Electronic Medical Records) – Industry Trends and Forecast to 2029
Market Analysis and Size
Chronic disease prevalence is rising globally, owing to a rapidly ageing population and the increased longevity of people with chronic conditions. Along with an increase in the number of patients suffering from specific diseases, the prevalence of multi-morbidity, or the presence of multiple diseases in the same person, is increasing. Sedentary lifestyles are increasing obesity rates and the prevalence of various diseases. As a result, the rising prevalence of chronic diseases is expected to fuel the expansion of the ambulatory healthcare service market.
Data Bridge Market Research analyses that the ambulatory electronic medical records (EMR) market is expected to reach the value of USD 4011.33 million by the year 2029, at a CAGR of 6.90% during the forecast period. Increasing demand for cloud-based electronic medical record solutions, as well as advancements in healthcare infrastructure, will influence market demand for the ambulatory full form.
Market Definition
Electronic medical records are a digital version of a patient's traditional paper-based medical records. They typically include the patient's entire medical and therapy history, as obtained through their medical practise.
Report Metric | Details |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 201 - 2019) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Delivery Mode (Cloud-Based Solutions, On-Premise Solutions), Application (Practice Management, Patient Management, E-Prescribing, Referral Management, Population Health Management, Decision Support, Health Analytics), Practice Type (Large Practices, Small-to-Medium-Sized Practices, Solo Practices), End- Users (Hospital-Owned Ambulatory Centres, Independent Centres), Component (Hardware, Software, Web- Based Electronic Medical Records) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered | Cerner Corporation (US), Epic Systems Corporation (US), Allscripts Healthcare, LLC, (US), Medical Information Technology, Inc. (US), CPSI (US), General Electric Company (US), athenahealth, (US), MEDHOST (US), eClinicalWorks (US), NXGN Management, LLC. (US), Intersystems Corporation (US), CareCloud, Inc. (US), Cantata Health Solutions(US), Advanced Data Systems (US), and CureMD Healthcare(US) |
Ambulatory electronic medical records (EMR) Market Dynamics
Drivers
- The rise in the utilisation of healthcare information and technology
As more people use healthcare information and technology, the market will expand. The government is also undertaking a number of initiatives to maintain and develop patient information platforms, which will aid in the market's acceleration.
- The increase in the concern of medical information exchange
The growing concern about the security of medical information exchange will increase demand for ambulatory electronic medical recordsEMR. It is, on the other hand, cost-effective and user-friendly, which is expected to drive the ambulatory electronic medical records EMR market from 2022 to 2029.
- Government investments for healthcare interoperability
The increase in the funding by the federal government to drive the adoption of these solutions further influence the market. Additionally, the surge in healthcare expenditure, advancements in healthcare infrastructure, and high demand for expanded care delivery positively affect the ambulatory electronic medical records (EMR) market. the enormous market potential in developing regions is expected to provide additional market growth opportunities during the forecast period.
Restraints/Challenges
High installation and infrastructure costs, as well as complications associated with strict rules and norms, are some of the factors limiting demand for the ambulatory electronic medical records EMR market
This ambulatory electronic medical records (EMR) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the ambulatory electronic medical records (EMR) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Ambulatory Electronic Medical Records (EMR) Market
High need for ambulatory electronic medical records (EMR) is emerging with the COVID crisis, as these systems can talk to each other across national and regional boundaries and have been acknowledged globally. One of the biggest challenges faced during the pandemic was ineffective data exchange. Data sharing through interoperability has become even more critical with the emergence of new variants of the coronavirus.
Global Ambulatory Electronic Medical Records (EMR) Market Scope
The ambulatory electronic medical records (EMR) market is segmented on the basis of delivery mode, application, practice type, end- users and component. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Delivery mode
- Cloud-based
- On-premise
On the basis of delivery mode, the ambulatory electronic medical records (EMR) market is segmented into cloud-based and on premise solutions.
Practice Type
- Large practices
- Small-to-medium-sized practices
- Solo practices freestanding
On the basis of practice type, the ambulatory electronic medical records (EMR) market is divided into large practices, small-to-medium-sized practices and solo practices.
End users
- Hospital- owned ambulatory centres
- Independent centres
Ambulatory electronic medical records (EMR) market is also segmented on the basis of end- users. The end- user segment is divided into hospital- owned ambulatory centers and independent centers.
Application
- Practice management
- Patient management
- E-prescribing
- Referral management
- Population health management
- Decision support
- Health analytics
Ambulatory electronic medical records (EMR) market is segmented on the basis of application as practice management, patient management, e-prescribing, referral management, population health management, decision support, and health analytics
Component
- Hardware
- Software
- Web- based electronic medical records
On the basis of component, the ambulatory electronic medical records (EMR) market is segmented into hardware, software, and web- based electronic medical records.
Ambulatory Electronic Medical Records (EMR) Market Regional Analysis/Insights
The ambulatory electronic medical records (EMR) market is analysed and market size insights and trends are provided by country, delivery mode, application, practice type, end- users and component as referenced above.
The countries covered in the ambulatory electronic medical records (EMR) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America has and will continue to dominate the market. One of the key factors attributed to the large market share is the high adoption of healthcare IT services by ambulatory centres in the United States, which is aided further by the presence of key market participants in the country. Furthermore, the growing numbers of surgical procedures performed in ambulatory settings, as well as increased demand to contain rising healthcare costs, are major factors driving this region's growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The ambulatory electronic medical records (EMR) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for ambulatory electronic medical records (EMR) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the ambulatory electronic medical records (EMR) market. The data is available for historic period 2010-2020.
Competitive Landscape and Ambulatory Electronic Medical Records (EMR) Market Share Analysis
The ambulatory electronic medical records (EMR) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to ambulatory electronic medical records (EMR) market.
Some of the major players operating in the ambulatory electronic medical records (EMR) market are
Cerner Corporation (US), Epic Systems Corporation (US), Allscripts Healthcare, LLC, (US), Medical Information Technology, Inc. (US), CPSI (US), General Electric Company (US), athenahealth, (US), MEDHOST (US), eClinicalWorks (US), NXGN Management, LLC. (US), Intersystems Corporation (US), CareCloud, Inc. (US), Cantata Health Solutions(US), Advanced Data Systems (US), and CureMD Healthcare(US)
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Research Methodology:
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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