Infinium Global Research Electronic Health Records Market | Page 2

A latest report has been added to the wide database of Electronic Health Records Market by Infinium Global Research. This
report studies the Electronic Health Records Market by product type (web or cloud based EHR and client –server based EHR),
by end users (hospital use and ambulatory use) market status and outlook of global and major regions, from manufacturers,
and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and
to forecast the values for the next six years. Electronic Health Records Market provides opportunities in micro markets for
stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the
major companies in the Electronic Health Records Market.
Market Insights
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 between 5.5% and 6.0% during 2017-2023 and reach USD xx.x billion by 2023.
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 considered to be the
key factors driving the growth of this market. Moreover, high cost associated with the installation of EHR and lack of skilled
healthcare IT professionals are considered to be the prime 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.
Segments Covered:
The report segments the electronic health records market by product type and by end users. Market segmentation based on
product type includes web or cloud based EHR and client –server based EHR. Moreover, the global electronic health records
market based on end users is segmented into hospital use and ambulatory use. The ambulatory use sub segment is further
sub segmented into stand-alone facility, clinical use and retail pharmacy use.
Infinium Global Research