Market Research Insights Electronic Health Record Market | Page 2

Over the anticipated period the financial enticement by governments in developing and developed countries is
expected to continue to, propel the growth of Electronic health records market.
On the basis of installation type the Electronic health records market can be segregated into three prominent
sections that are software as services, client server based and web based. Growing technical advancement in
the field of data access through smart phones, increasing demand for improved quality and efficiency in service
delivery coupled with increasing disposable income of customer across the world are expected to drive the
growth of electronic health record market, by installation type.
Web based Electronic health records systems are being admired more and more between medical professionals
owing to its reduced operational costs. The client server based Electronic health records systems includes up-
front setting up fees, which is expected to be the major challenge among medium size practices and small
practices. The software as a service section is expected to grow at a fast pace over the given period owing to
fact that Software as a service (SaaS) is attaining better inclination between physicians as it is capable of offering
small upfront costs and eliminating technical glitches.
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Overall, by taking into consideration the installation type of electronic health record systems, the client server
supported EHR aid in achieving more power on both the data as well as the software. Likewise, the expenditure
also gets decreased notably in web-based electronic health record systems and the data gets stored up
involuntarily by the vendor. The stored data can be administered from anywhere on the globe. Software as a
service (SaaS) electronic health record systems are characteristically advantageous for older physicians or
standalone centres who are into the industry for last few years in direction to evade the penalty charged by the
government authorities.
On the basis of geographical region this market can be segregated into Asia-Pacific, North America, Europe and
Rest of the World. North America is expected to generate largest share in revenue over the forecast period
owing to increasing investment done by government in this sector coupled with policies introduced by
government to encourage the implementation of electronic health record system. After North America, Europe
is expected to capture maximum market share over the forecast period owing to numerous ongoing Research
& development activities done by the companies’ active in this area.
Asia Pacific is expected to rise rapidly over the forecast period owing to increasing consumer awareness and
spending among the population of these countries. On the basis of end-user this market can be segregated into
hospitals and ambulatory uses. The ambulatory uses are further divided into standalone facility, retail pharmacy
and clinical use. Hospital use section of this market is expected to capture largest part in revenue owing to