Global Electronic Health Records (EHR) Market Report and Forecast 2025-2034

Global Electronic Health Records (EHR) Market Outlook

The global electronic health records market attained a value of USD 33.81 billion in 2024, driven by the surge in demand for clinical research to gain insights and answers about the safety and effectiveness of drugs and other therapies. The market is anticipated to grow at a CAGR of 6% to attain a value of USD 57.13 billion by 2034 during the forecast period 2025-2034.

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Rising Demand in Clinical Research Applications to Propel the Market Growth of Electronic Health Records (EHR)

With the increasing number of clinical research, the application of electronic health records (EHR) in the segment is growing. The increasing importance of clinical research to gain insights and answers about the safety and effectiveness of drugs and other therapies is leading to the increased use of EHRs. The use of EHR offers multiple advantages to clinical investigators and study personnel, such as enhancing data accuracy, facilitating post-trial follow-up on patients to understand the long-term effectiveness and safety of medical products, and providing access to many types of data that can be combined and analysed. EHRs provide real-time data for review, and the innovative use of fully automated EHR-driven data helps lower the costs associated with data collection in trials. It helps overcome the challenge of poor recruitment of participants that can lead to waste of many resources. EHRs allow pre-screening of any potential participant and also enable the automatic screening and selection of participants within the EHR database, which plays a critical role in speeding up the recruitment in clinical trials. These factors are expected to aid the electronic health records (EHR) market growth in the forecast period. 

Market Segmentation

An electronic health record (EHR) are electronic platforms that contain a patient’s medical history, diagnoses, medications, treatment plans, immunisation dates, allergies, radiology images, and laboratory and test results, among others. It guides physicians through clinical decision-making and can be securely accessed by authorised users.

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The market for electronic health records (EHR), by product, is bifurcated into:

• On-premise 
• Web/Cloud-based 

Based on component, the market is divided into:

• Hardware
• Software
• Services

On the basis of type, the market is segmented into:

• Acute EHR
• Ambulatory EHR
• Post-acute EHR

Based on application, the market is classified into:

• Clinical
• Clinical Research 
• Administrative
• Reporting
• Healthcare Financing

On the basis of branch, the market is divided into:

• Cardiology
• Neurology
• Radiology
• Oncology
• Others

Based on end use, the market is segmented into:

• Hospitals
• Speciality Centres
• Clinics
• Ambulatory Surgical Centres

The regional markets for electronic health records (EHR) can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Rapid Digitalisation of the Healthcare Infrastructure to Drive the Market Growth of Electronic Health Records (EHR)

The rapid digitalisation of the healthcare sector is leading to the rising use of electronic health records (EHR) to transform the way care is delivered. The use of EHR helps improve patient care, boost patient participation, enhance care coordination, and improve diagnostics or patient outcomes. Electronic health records (EHR) enable the health information to be managed in a digital format, which can be shared with healthcare providers across multiple healthcare organisations to help coordinate patient care. EHRs provide several benefits, such as accurate information about patients at the point of care, effective diagnosis, reduced medical errors, better clinical decision making, safer care, improved patient and provider interaction, and lowered health care costs by decreased paperwork and reduced duplication of testing. Additionally, the government initiatives towards deploying digital tools to improve the healthcare system and enable universal health coverage are favouring the electronic health records (EHR) market growth. For instance, in May 2023, the Government of India announced their plans to develop a digital ecosystem in the country to generate a longitudinal electronic health record for more than 1.3 billion people.   Technological advancements, such as implementing artificial intelligence in EHR solutions to overcome the challenges and the new product launches by market players are expected to augment the market growth over the forecast period.

Key Players in the Global Market for Electronic Health Records (EHR)

The report gives a detailed analysis of the following key players in the global electronic health records (EHR) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Allscripts Healthcare, LLC
• CureMD.com, Inc.
• Greenway Health, LLC 
• eClinicalWorks, LLC 
• Medical Information Technology, Inc.
• AdvancedMD, Inc.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report