Global Electronic Health Records Market Size, Share, Growth Analysis Report - Forecast 2034

Industry Prospective:

The global electronic health records market size was worth around USD 37.92 Billion in 2024 and is predicted to grow to around USD 56.97 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 4.3% between 2025 and 2034. The report analyzes the global electronic health records market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the electronic health records industry.

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Electronic Health Records Market: Overview

The electronic health record system is used for the structured electronic gathering and storage of patient medical data in a digital format. The system helps in expanding patient data accessibility, which improves the overall productivity and efficiency of patient care. System usage is expected to increase in the future due to its numerous features, applications, and interoperability across a variety of healthcare settings. The Medical practitioner’s interactions with EHR are improved by speech-recognition software with natural language processing. It allows for better patient engagement while reducing the amount of time experts spend on paperwork.

In addition, incorporating artificial intelligence (AI) to predict EHR-based clinical outcomes has aided in improving the patient experience through better care delivery. Besides, Data breaches and a lack of appropriately qualified personnel are the causes that are restraining factor of the market. The high cost of EHR adoption and maintenance, a scarcity of experienced specialists in developing nations, and worries about security and privacy are the market's challenges.

Key Insights

• As per the analysis shared by our research analyst, the global electronic health records market is estimated to grow annually at a CAGR of around 4.3% over the forecast period (2025-2034).
• Regarding revenue, the global electronic health records market size was valued at around USD 37.92 Billion in 2024 and is projected to reach USD 56.97 Billion by 2034.
• The electronic health records market is projected to grow at a significant rate due to rising healthcare data management requirements, increasing adoption of digital healthcare solutions, government initiatives promoting EHR implementation, the need for improved patient care, and advancements in interoperability and cloud technologies.
• Based on Product, the Client Server-based EHR segment is expected to lead the global market.
• On the basis of Type, the Acute segment is growing at a high rate and will continue to dominate the global market.
• Based on the End Use, the Hospital Use segment is projected to swipe the largest market share.
• By Business Models, the Licensed Software segment is expected to dominate the global market.
• Based on region, North America is predicted to dominate the global market during the forecast period.

Electronic Health Records Market: Growth Drivers

Growing initiatives to enhance foothold in digital health to drive global market growth

Electronic health records are an efficient tool for health and data management due to which the healthcare industry is expanding its digital footprint. The increased demand for electronic health records during the COVID-19 period of patient data management has also expanded the demand for electronic health records. Moreover, the increased demand for emerging economies of Asia Pacific for electronic health records systems to further expand the market growth during the forecast period. In addition, higher adoption and enhanced product expansion for electronic health records are other key factors to enhance the market demand in the coming years.

Electronic Health Records Market: Restraints

High cost of implementation and maintenance in Electronic Health Records to hamper the market growth

The charges connected with Electronic Health Records are a major factor limiting their growth. This is mostly due to high implementation and maintenance charges. Technology is always improving, which has an impact on the cost of treatment in Electronic Health Records because they must keep up with the latest technologies in order to maintain a competitive advantage.

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Global Electronic Health Records Market: Segmentation

The global Electronic Health Records market is segregated based on product, type, end-user, business model, and region.

Based on the product, the market is segmented into web-based electronic health records and client server-based electronic health records. The acute EHR category led the electronic health record industry in 2021, accounting for roughly 46.8% of total revenue. Government programs encouraging small-scale clinics to use electronic health records are credited with the development. Acute care hospitals in the United States that are covered by the Inpatient Prospective Payment System, for example, can participate in the Medicare incentive payment system (IPPS). Acute care electronic health records, which can provide extensive clinical details, are used to generate patient information. These details can be used in the ICU, emergency room, inpatient unit, and operating room, among other places.

On the basis of type, the global electronic health records market is segmented into ambulatory electronic health records, acute electronic health records, and post-acute electronic health records.

Based on end-users, the market is segmented into hospitals, physicians, pharmacies and ambulatory centers. Hospitals segment contributed for a significant share in the global electronic health records market owing to increasing adoption of the EHR systems in hospitals and improved quality assurance. In 2021, the hospital segment dominated the electronic health records (EHR) market, accounting for more than 60.0 percent of total revenue. The huge amount of medical data created in hospitals is to blame for the increase. In addition, the cost of installing the systems in hospitals is lower than in ambulatory care clinics, boosting market growth. They also help large-scale hospitals save time, which boosts the industry even more. Furthermore, the market is likely to be grown with the increased adoption of electronic health records in small and midsized hospitals, owing to factors such as ease of deployment.

In terms of Business Models, the global electronic health records market is categorized into Licensed Software, Technology Resale, Subscriptions, Professional Services, and Others.

Electronic Health Records Market: Report Scope

Electronic Health Records Market: Regional Analysis

North America is the market leader. The growth factor in North America is technological developments, significant government and private sector investments in healthcare, and the presence of prominent industry players. The healthcare IT market in the United States is one of the most established industries as compared to other geographical locations. Furthermore, due to strict regulatory requirements, the majority of hospitals and clinics in the region have deployed EHR solutions.

The United States and Canada are the top countries in this region that have deployed EHR systems. TELUS Health, for example, announced the next step in the digital integration of its employer-focused virtual care service, Akira by TELUS Health, with its electronic health records in March 2021.

Electronic Health Records Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the electronic health records market on a global and regional basis.

The global electronic health records market is dominated by players like:

• Cerner Corporation (Oracle)
• GE Healthcare
• Allscripts Healthcare LLC
• McKesson Corporation
• Epic Systems Corporation
• NextGen Healthcare Inc
• eClinicalWorks
• Medical Information Technology Inc
• Health Information Management Systems
• CPSI
• AdvancedMD Inc
• CureMD Healthcare
• Greenway Health LLC

The global electronic health records market is segmented as follows;

By Product

• Client Server-based EHR
• Web-based EHR

By Type

• Acute
• Ambulatory
• Post Acute

By End Use

• Hospital Use
• Ambulatory Use

By Business Models

• Licensed Software
• Technology Resale
• Subscriptions
• Professional Services
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America