ELECTRONIC HEALTH RECORDS MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023
Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
Introduction Report Description The Global Electronic Health Records Market was sized near USD 21.0 billion in 2016. The global electronic health records market is projected to grow with a CAGR of 5.8% during 2017-2023. An electronic health record (EHR) is an electronic version of a patient’s medical history, that is maintained by the provider over time, and may include all of the key administrative clinical data relevant to that persons care under a particular provider, including demographics, progress notes, problems, medications, vital signs, past medical history, immunizations, laboratory data and radiology reports. The EHR automates access to information and has the potential to streamline the clinician’s workflow. The EHR also has the ability to support other care-related activities directly or indirectly through various interfaces, including evidence-based decision support, quality management, and outcomes reporting. This report estimates the market size of electronic health records market in terms of value (USD million) over the period of 2015 to 2023.The year 2015 is considered to be a base year, and 2017 to 2023 is considered a forecast period. Moreover, the market sizes for electronic health records market in product type and end users is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global electronic health records market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of electronic health records market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region.
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of electronic health records market. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global electronic health records market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly. ELECTRONIC HEALTH RECORDS MARKET SEGMENTATION
ELECTRONIC HEALTH RECORDS MARKET
Product Type Web or cloud based EHR Client server based EHR
End User
Hospital Use Ambulatory Use Stand-alone facility Clinical use Retail Pharmacy use
Region
North America Europe Asia Pacific RoW
The report on global electronic health records market covers segments such as product type, and end user. The product type segments include Web or cloud based EHR, and Client server based EHR. On the basis of end user the global electronic health records market is categorized © Infinium Global Research
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
into hospital use, and ambulatory use. The ambulatory use is further categorized into standalone facility, clinical use, and retail pharmacy use. Research Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods, we were able to estimate the market size of the electronic health records market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days. Research Methodology: An Outline
Primary source of the information and data include Industry Experts/consultants Top level executives in the key market players Subject matter experts Academicians and research scholars
PRIMARY RESEARCH
Secondary sources of the information and data include Company annual reports Government/institutional publications Trade and associations journals Databases Websites and publications by research agencies Others
SECONDARY RESEARCH
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH
Arriving at Global Market Size
Accumulation of the country level market size (value) Regional market size of electronic health records and its product type
Market Share of Key Players
Segment revenue of the key players Country level market size by product type and end user (value)
Key Market Players
Identifying key players in the electronic health records market
Arriving at Regional/Country Market Size
Accumulation of the regional/country market size (value) Global market size of drug class, product type and end user
RESEARCH APPROACHES- TOP-DOWN Global Market
Market Segments
Global market size of electronic health records market Value for 2015 to 2023
% breakdown by market segments by product type and end user Value for 2015 and 2023
Determine the Regional Market Size
Country Level Market Sizing
Regional market size of the electronic health records market (value) Regional market size of product type and end user Country level market size of the electronic health records market in every region (value) Country level market size of product type and end user in every region
TOP-DOWN APPROACH © Infinium Global Research
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
The study on global electronic health records market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global electronic health records market. The estimates in the global electronic health records market are based on both bottom-up and top-down approaches. In the bottom-up approach, the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of electronic health records market. In the top-down approach, the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the poduct type and end users. Executive Summary Global Electronic Health Records Market Highlights, (USD Million) The global Electronic Health Records market is expected to grow at a CAGR of 5.8 % between 2017 and 2023 in terms of value. Favorable government regulations and policies and, rising usage of mobile phones and tablets through which e-prescription can be accessed, improving patient’s safety concerns, and advanced technological tools owing EHR, are some of the key factors driving the growth of global electronic health records market. Moreover, high cost associated with the installation of EHR and lack of skilled healthcare IT professionals are the key factors restraining the growth of this market. Furthermore, the EHR software’s are anticipated to bring more opportunities to this market due to reduced medical errors, quick access to patient related data, increased patient participation and high development by healthcare service providers.
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
The leading players in the global electronic health records market include Siemens Medical Solutions, GE Healthcare, MEDITECH, McKesson Corp., NextGen Healthcare, Cerner Corp., Epic Systems, Allscripts Helthcare Solutions, CURE MD, and Dell
GLOBAL ELECTRONIC HEALTH RECORDS MARKET, 2015 – 2023 (USD MILLION)
2015
2016
2017
2018
2019
2020
2021
2022
2023
Value
Electronic health records market is expected to experience rapid growth globally. However, the market size in terms of value is expected to grow at a higher rate due rising usage of mobile phones and tablets through which e-prescription can be accessed, improving patient’s safety concerns, and advanced technological tools. The global market size of electronic health records in terms of value was USD xxx.x million in 2015. GLOBAL ELECTRONIC HEALTH RECORDS MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023) xxx.x xxx.x
2017 xxx.x
2023
xxx.x xxx.x
xxx.x
2017
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2023
2017
2023
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography is provided over the period of 2017 – 2023. North America is accounted for the largest market share in terms of revenue in 2014 and is expected to continue its dominance over the forecast period with a CAGR rate more than 5.5%. Increasing government investment in R&D activities and rising demand for improved healthcare services are expected to be the key factors driving the growth of this market region over the forecast period. Moreover, Asia Pacific is expected to be the most prominent growing region in this market with a highest CAGR rate over the forecast period. Rising awareness among patient population about EHR services and its benefits and increasing disposable income capacity are the key factors supporting the growth of this market in Asia Pacific region. Emerging nations such as India, China and Indonesia will encourage healthcare providers to adopt technically advanced EHR systems and are expected to provide immense potential for EHR market.
For More Details Get Free Few Sample Pages of this Premium Report: https://www.infiniumglobalresearch.com/reports/sample-request/49 Market Overview & Competitiveness DRO Analysis DRO stands for drivers, restraints and opportunities. The DRO analysis involves, identifying the factors that are likely to have impact on the global Electronic Health Records market. It covers analysis of short term and long-term impact of drivers and restraints. Through this analysis both short term and long term, opportunities are identified. These opportunities present the investment options and new markets for the market players in the Electronic Health Records market. Drivers refer to the factors that are expected to drive or boost the market size or demand for Electronic Health Records. The analysis involves identification of both demand side and supply side factors that drive the demand as well as environmental factor that favor the Š Infinium Global Research
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
market conditions for growth of Electronic Health Records market both in short run and long run. DRIVERS OF ELECTRONIC HEALTH RECORDS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
DRIVERS
MID TERM IMPACT
LONG TERM IMPACT
Driver 1 Driver 2 Driver 3
HIGH
MEDIUM
LOW
RESTRAINTS OF ELECTRONIC HEALTH RECORDS MARKET, IMPACT ANALYSIS SHORT TERM IMPACT
RESTRAINTS
MID TERM IMPACT
LONG TERM IMPACT
Restraint 1
Restraint 2
HIGH
MEDIUM
LOW
IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size,
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers Risky Zone: Low market size and low growth rate. Investment in this segment is risky Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments. Opportunity Zone: High growth low market size Safe Zone: Moderate growth and moderate market size. IGR- GROWTH MATRIX ANALYSIS Growth Rate
Opportunity Zone
Consolidation Zone
High
Low
Risky Zone
Retention Zone Market Size Low
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High North America
Europe
Asia-Pacific
RoW
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
GLOBAL ELECTRONIC HEALTH RECORDS MARKET BY PRODUCT TYPE, 2016 - 2023 (% SHARE) 2016
2023
Web or cloud based(EHR)
Client server based (EHR)
GLOBAL ELECTRONIC HEALTH RECORDS MARKET BY PRODUCT TYPE, 2015 - 2023 (USD MILLION)
2015
2016 Web or cloud based(EHR)
2017
2023
Client server based (EHR)
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
GLOBAL WEB OR CLOUD BASED EHR BY REGIONS, 2015 - 2023 (USD MILLION)
GLOBAL CLIENT SERVER BASED EHR BY REGIONS, 2015 - 2023 (USD MILLION)
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
GLOBAL ELECTRONIC HEALTH RECORDS MARKET BY REGION, 2016 - 2023 (% SHARE)
GLOBAL ELECTRONIC HEALTH RECORDS MARKET BY REGION, 2015 - 2023 (USD MILLION)
Browse Detailed Description, TOC and Key Players Mentioned in this Report @ https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-electronichealth-records-market
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Electronic Health Records Market: Global Industry Analysis, Trends, Market Size & Forecasts up to 2023
NORTH AMERICA ELECTRONIC HEALTH RECORDS MARKET BY PRODUCT TYPE, 2015 - 2023 (USD MILLION)
2015
2016 Web or cloud based(EHR)
2017
2023
Client server based (EHR)
Company Profile Siemens Medical Solutions Company Snapshot Siemens Medical Solutions CONTACT DETAILS:
Website: https://www.healthcare.siemens.com
Address: Siemens Healthcare GmbH Henkestr. 127 91052 Erlangen, Germany Tele:
KEY FEATURES: No. of Employees: more than xxx No. of countries of operation: xx
SWOT ANALYSIS: STRENGHTS
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WEAKNESS
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THREATS
OPPORTUNITIES
PRODUCT PORTFOLIO: Product 1 Product 2 Product 3
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