Electronic Health Records Industry - Forecast and Analysis 2023-2027
The electronic health records market has potential to grow at a projected CAGR of 12.91% between 2022 and 2027 as per the Technavio research analysis. This market research statistic predicts market size growth by USD 32.27 billion. This expected incremental growth momentum brings in a positive outlook for the market and the respective investors and they will further strengthen vendors’ position in the market. Electronic health records market growth is directly proportional to serval market aspects such as EHR adoption supported by government initiatives, benefits of EHR that leads to rising adoption, and increasing digitization of the healthcare industry.
Upon thorough analysis, our researchers found that the government initiatives supporting EHR adoption are emerging as one of the key market drivers which is responsible for the electronic health records market growth, although factors such as rising data security and privacy concerns may slow the market growth down. Our research analysts carefully study and analyze market data for years, considering 2022 as the base year and 2023 as the estimated year and conclude a comprehensive report.
There are several key vendors offering services in the market which are listed below:
- Allscripts Healthcare Solutions Inc.
- Epic Systems Corp.
- CareCloud Inc.
- General Electric Co.
- Dedalus Group
- EverCommerce Inc.
- eClinicalWorks LLC
- Computer Programs and Systems Inc.
- CureMD.com Inc.
- Global Payments Inc.
The given illustrated statistical data consists of key market information and analysis to get a better understanding of specific business requirement. In addition, Technavio, also offers various market intelligence services and has the subscription platform having lifetime access to the 17,000+ market reports at customized plans and rates.
