Global Ambulatory Electronic Medical Records market share 2024, Forecast To 2033
24 Jan, 2024
The ambulatory electronic medical records market has experienced robust growth, rising from $6.96 billion in 2023 to $7.57 billion in 2024, reflecting a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period is attributed to government initiatives, the rise in chronic diseases, improved patient care, the increase in population health management, and overall economic growth. Looking ahead to 2028, the market is expected to sustain strong growth, reaching $10.81 billion at a CAGR of 9.3%. Drivers for this growth include rising telehealth adoption, global expansion, increased patient engagement, a focus on data security and privacy, and the overall rise in healthcare expenditure. Major trends in the forecast period encompass cloud-based solutions, integration of artificial intelligence (AI), user experience (UX) design, genomic data integration, and patient portals.
Global Ambulatory Electronic Medical Records Market Key Driver
The ambulatory electronic medical records market is expected to grow due to the rising prevalence of chronic diseases. Nearly half of Australians had one or more chronic conditions in 2020-21, as reported by The Treasury. The management of chronic diseases requires ambulatory healthcare services and corresponding electronic medical records. With 18.6% of Australians having two or more chronic conditions, the need for ambulatory electronic medical records to support patient management is driving the growth of the market.
Get A Free Sample Of The Global Ambulatory Electronic Medical Records Market ReportGlobal Ambulatory Electronic Medical Records Market Segments
The global ambulatory electronic medical records market covered in this report is segmented –
1) By Component: Hardware, Software
2) By Practice Type: Large Practices, Small-To-Medium-Sized Practices, Solo Practices Freestanding
3) By Delivery Mode: Cloud-Based, On-Premise
4) By Application: Practice Management, Patient Management, E-Prescribing, Referral Management, Population Health Management, Decision Support, Health Analytics
5) By End Users: Hospital- Owned Ambulatory Centres, Independent Centres
By Geography: The regions covered in the Ambulatory Electronic Medical Records market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Major Ambulatory Electronic Medical Records Industry Players
Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare LLC, Medical Information Technology Inc., Computer Programs and Systems Inc., General Electric Company, Athenahealth Inc., MEDHOST Inc., eClinicalWorks LLC, NXGN Management LLC, InterSystems Corporation, CareCloud Inc., Cantata Health Solutions Inc., Advanced Data Systems Corporation, CureMD Healthcare Inc., Practice Fusion Inc., eMDs Inc., Virence Health Inc., McKesson Corporation, CPSI Inc., Veradigm Inc., Greenway Health LLC, DrChrono Inc., Eyefinity Inc., Amazing Charts LLC, Kareo Inc., iPatientCare LLC, Azalea Health Innovations Inc., Harris Healthcare Inc., ICANotes Inc.
Get The Full Global Ambulatory Electronic Medical Records Market Report
Ambulatory Electronic Medical Records Market Overview
Ambulatory electronic medical records refer to the electronic (digital) collection of medical information about a patient. An electronic medical record will include information about a patient’s health history, such as diagnoses, medicines, tests, allergies, immunizations, and treatment plans. The ambulatory electronic medical records are used to collect outpatient medical information.
Ambulatory Electronic Medical Records Global Market Report 2023 provides data on the global ambulatory electronic medical records market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The ambulatory electronic medical records market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.