NEW YORK, April 24, 2019 (GLOBE NEWSWIRE) -- The demand for global electronic health records (EHRs) market was valued at USD 24.7 billion in 2018, and is expected to account for USD 36.2 billion by 2025, while actuating at an estimated CAGR of 5.6% from 2019 to 2025. The market growth is primarily attributed to the growing investments by healthcare IT players, and growing demand for better healthcare facilities. Moreover, increasing demand for cloud-based EHRs, and rising government initiatives is further boosting the industry growth. However, patient data safety and security issues, and lack of skilled professionals may restraint the industry growth to some extent.
Key findings of the report:
Electronic Health Records (EHRs) – Market Insight
New technology in healthcare has enabled patients and their caregivers to generate important data outside of clinical setting. Furthermore, the increasing number devices such as smartphones, remote monitoring devices and mobile applications have provided advanced ways to connect patients and providers. EHRs have revolutionized and improved the quality of healthcare. It comprises of a range of data including patient history, immunization dates, medication, allergies, diagnosis, radiology images, laboratory and tests results, insurance information, and treatment plans. Moreover, the use of electronic health records has a positive impact on the quality of care given to patients. It reduces the chances of data replication, and streamlines the clinician’s workflow. The EHR systems provide a valuable mechanism for assessing potential research trial populations, recruiting patients into trials, improving clinical trial efficiency, and cost-effectiveness. Additionally, growing government initiatives, increasing need for advance healthcare information and healthcare facilities are some of the factors further propelling the market growth.
Browse full research report with TOC on "Global Electronic Health Records (EHRs) Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2025" at: https://www.energiasmarketresearch.com/global-electronic-health-records-market-report/
To purchase report: sales@energiasmarketresearch.com
Global Electronic Health Records (EHRs) Market– Regional insight
North America held the major share of the global market owing to growing investments in healthcare IT, and increased focus on the implementation of health information technology. Moreover, increasing adoption of EHRs in the region is boosting the market growth. However, Asia-Pacific is expected to witness the highest CAGR during the forecast period, owing to growing demand for integrated healthcare systems in developing countries, such as India and China. Moreover, increasing emphasis on evidence-based care, and increasing government initiatives to provide better healthcare facilities in the region is further propelling the market growth.
This report segments global electronic health records (EHRs) market based on delivery mode, component, application, end-user, and geography.
By Delivery Mode
By Component
By Application
By End-user
By Geography
About Energias Market Research Pvt. Ltd. -
Energias Market Research launched with the objective to provide in-depth market analysis, business research solutions, and consultation that is tailored to our client’s specific needs based on our impeccable research methodology.
With a wide range of expertise from various industrial sectors and more than 50 industries that include energy, chemical and materials, information communication technology, semiconductor industries, healthcare and daily consumer goods, etc. We strive to provide our clients with a one-stop solution for all research and consulting needs.
Our comprehensive industry-specific knowledge enables us in creating high quality global research outputs. This wide-range capability differentiates us from our competitors.
Contact:
Mr. Alan Andrews
Business Development Manager
For any queries email us: info@energiasmarketresearch.com
To purchase report: sales@energiasmarketresearch.com
Call us: +1-716-239-4915