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The Worldwide Electronic Health Record Industry is Expected to Reach $52 Billion by 2027 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Electronic Health Record Market Research Report by Type, by Deployment, by End User, by Application, by Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Electronic Health Record Market size was estimated at USD 29.14 billion in 2020, is expected to reach USD 31.56 billion in 2021, and is projected to grow at a CAGR of 8.67% to reach USD 52.18 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Electronic Health Record Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Electronic Health Record Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Electronic Health Record Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Electronic Health Record Market?

4. What is the competitive strategic window for opportunities in the Global Electronic Health Record Market?

5. What are the technology trends and regulatory frameworks in the Global Electronic Health Record Market?

6. What is the market share of the leading vendors in the Global Electronic Health Record Market?

7. What modes and strategic moves are considered suitable for entering the Global Electronic Health Record Market?

Market Dynamics

Drivers

  • Increasing expenditure on healthcare
  • Growing funding and initiatives for implementation of EHR

Restraints

  • High cost of EHR implementation and maintenance
  • Security and privacy concerns

Opportunities

  • Expanding adoption of EHR for record maintenance and delivering enhanced patient care
  • Implementation of regulatory strategies for adopting EHR
  • Need to focus on to reduce the rising healthcare cost expense

Challenges

  • Lack of skilled professionals in developing countries

Companies Mentioned

  • Allscripts Healthcare LLC
  • Bizmatics, Inc.
  • Cerner Corporation
  • Computer Programs and Systems Inc
  • CureMD Corporation
  • DXC Technology Company
  • eClinicalWorks, LLC
  • Epic Systems Corporation
  • General Electric Company
  • Global Payments Inc.
  • Greenway Health, LLC
  • HealthTech Holdings, Inc.
  • Henry Schein Medical Systems, Inc.
  • Kareo, Inc.
  • McKesson Corporation
  • Medical Information Technology Inc.
  • Modernizing Medicine Inc.
  • Nextgen Healthcare Information Systems, Inc.
  • NextGen Management LLC
  • RevenueXL Inc.
  • SelectHub
  • TherapyNotes, LLC

For more information about this report visit https://www.researchandmarkets.com/r/qmnxre

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