Electronic Health Records Market Analysis, Revenue Share, Company Profiles, Launches, & Forecast Till 2027

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The prominent players operating in the Electronic Health Records Market are profiled in-depth in the report and their strategies, collaborations, and product innovations.

Electronic Health Records are a systemized collection of crucial health information about the patient and population, essentially a digitized paper chart of a patient. Electronic health records are patient-centric documents that facilitate easy availability and retrieval of vital information to authorized personnel. EHRs improve patient care outcomes by reducing the probability of medical errors, duplication of documents, delays in treatments, and improves the clarity of the medical records.

Numerous medical professionals and healthcare institutions are readily adopting electronic health record systems to save time and resources. Electronic Health Records (EHRs) offer a broad spectrum of advantages to healthcare providers and patients as it increases the system’s productivity and enhances patient satisfaction. The EHRs are equipped with vital data ranging from patient’s medical history, allergies, immunization plans, treatment plans, radiology images, diagnoses, and laboratory test results. EHRs ultimately streamline and automate the workflow in different healthcare settings.

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Electronic Health Records Market: Competitive Landscape

The prominent players operating in the Electronic Health Records Market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Electronic Health Records Market.

Some of the prominent players operating in the market are:

Epic Systems

Allscripts Healthcare Solutions, Inc.

Cerner Corporation

eClinicalWorks

NextGen Healthcare, Inc.

AdvancedMD

MedHost

Greenway Health

Canon Medical Systems Corporation

AthenaHealth

MEDITECH

Others

Electronic Health Records Market Segmentation

Product Type

Web/Cloud-based EHR Software

On-premise EHR Software

End-User

Hospitals

Clinics

Ambulatory Surgical Centers

Specialty Centers

Others

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Some Notable Developments in the Competitive Landscape:

Cerner Corporation, in 2019, unveiled the Cerner Learning Health Network developed in association with Duke Clinical Research Institute to enhance the clinical research documents and expand the customer base.

Epic Systems, in 2018, upgraded its EHR to enhance the inter-physician exchange and sharing of vital patient data.

COVID-19 Impact on Electronic Health Records Market

The report offers extensive coverage of the impact of the COVID-19 pandemic on the Electronic Health Records Market. The pandemic has affected numerous industry verticals; some have suffered a negative impact; some have gained from the pandemic. The Electronic Health Records Market has observed a substantial growth during the pandemic owing to an exponentially rising patient pool of coronavirus infection. Along with a rise in coronavirus infections, increasing incidences of comorbidities was also noted. It further increased the patient pool in the hospitals and clinics, thereby driving the need for EHRs. This, in turn, contributed to the growth of the market.

Key Highlights of the Report:

Comprehensive coverage of the Electronic Health Records Market along with forecast estimations of the market size and share

An accurate 8-year forecast estimation of the market growth and expansion

A thorough analysis of the market drivers, restraints, limitations, threats, and growth prospects and opportunities

Extensive analysis of the key regions of the market along with a study of regions exhibiting lucrative growth

Comprehensive mapping of competitive landscape covering business profiles, expansion plans, investment strategies, the financial standing of individual companies, and study of strategic alliances such as MA activities

Detailed analysis of critical development and advancements in the market along with current and emerging trends

Strategic recommendations to key players and new entrants to overcome barriers and gain a strong foothold in the industry

Regional Analysis Covers:

North America

Europe

Asia Pacific

Latin America

Middle East Africa

In conclusion, the report provides a qualitative and quantitative analysis of the Global Electronic Health Records market, including the global and regional analysis of the market. The study covers critical information and factual data about the Electronic Health Records industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Electronic Health Records market is expected to fare in the forecast timeline. The report utilizes Electronic Health Records analytical tools to offer an estimation of the outlook of the global state of the Electronic Health Records market industry.

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