The global electronic health records market size is calculated at USD 28.60 billion in 2024 and is expected to be worth USD 43.66 billion by 2034, expanding at a CAGR of 4.32% from 2024 to 2034. This growth underscores the increasing adoption of EHR systems across various healthcare settings, driven by advancements in technology and the need for efficient patient data management.
Get All the Details in Our Solution – Download Brochure @ https://www.towardshealthcare.com/download-brochure/5103
By type, the acute segment dominated the electronic health records (EHR) market in 2023. Acute care encompasses healthcare provided for a short duration, including services such as emergency departments, intensive care units, coronary care, and cardiology. The increasing number of patients requiring acute care due to rising acute disorders, coupled with the demand for faster and more efficient patient management, has driven the growth of this segment. Notably, in 2023, 70% of non-federal acute care hospitals in the United States participated in all domains of interoperable exchange—sending, finding, receiving, and integrating patient data seamlessly.
The post-acute segment is projected to experience the highest compound annual growth rate (CAGR) during the forecast period. EHR systems enable healthcare professionals to access real-time data about patients after their discharge from acute care settings. This feature enhances communication, coordination, and decision-making among healthcare providers. Factors such as the rising demand for advanced treatment options, an aging population, and the expansion of home health services are contributing significantly to this segment’s growth.
By product, the web server-based segment held the largest market share globally in 2023. Cloud-based services and advancements in technology have facilitated the storage of vast amounts of data on external servers. The internet and telecommunication sectors’ growth, alongside the demand for data accessibility from any location, have further propelled this segment’s dominance. Additionally, web server-based systems do not necessitate specialized infrastructure for data maintenance, making them a popular choice.
The client-server-based segment is anticipated to grow at the fastest pace during the forecast period. Unlike web server-based systems, client-server-based EHR solutions are managed by an organization’s IT department on local servers. This setup allows for high levels of customization tailored to specific hospital requirements. Enhanced security and cost-effectiveness compared to web server-based systems make this a preferred choice for many healthcare organizations.
By end-user, the hospitals segment dominated the EHR market in 2023. This growth is attributed to factors such as the increasing number of patients seeking care in hospitals, well-developed infrastructure, and substantial capital investments. Furthermore, the need to streamline complex healthcare processes to improve efficiency and patient outcomes has bolstered the adoption of EHR systems in hospitals.
The ambulatory services segment is expected to witness significant growth during the forecast period. EHR systems in ambulatory settings enhance the speed and efficiency of managing medical appointments and emergency care situations. The increased portability of patient information and the rising utilization of ambulatory services are key drivers of this segment’s growth.
Our Table of Content (TOC) covers key healthcare market segments, materials, technologies and trends—helping you navigate market shifts and make informed decisions: https://www.towardshealthcare.com/table-of-content/electronic-health-records-market-size
Invest in Our Premium Strategic Solution @ https://www.towardshealthcare.com/price/5103
We’ve prepared a service to support you. Please feel free to contact us at sales@towardshealthcare.com
Web: https://www.towardshealthcare.com
Visit Dental Specifics: https://www.towardsdental.com
Get the latest insights on industry segmentation with our Annual Membership: Get a Subscription
For Latest Update Follow Us: https://www.linkedin.com/company/towards-healthcare
Contract Development and Manufacturing Organizations (CDMOs) play a crucial role in the pharmaceutical and biotechnology industries by providing essential services… Read More
The global medical rehabilitation services market has been experiencing significant expansion, driven by various factors such as an aging population,… Read More
The global antibody drug market is experiencing rapid growth, with a notable surge in monoclonal antibody (mAb) demand. The market… Read More
Stroke rehabilitation plays a crucial role in helping individuals regain independence and improve their quality of life following a stroke.… Read More
Healthcare is a multifaceted domain, catering to various needs and conditions. The concept of ambulatory wellness services, which focus on… Read More
Artificial Intelligence (AI) and Machine Learning (ML) have rapidly evolved from emerging technologies to integral components in a variety of… Read More