Electronic Health Records (EHR) Market By Product Type (Web/ cloud-based EHR and On-premise EHR), By Application (Clinical Documentation, Billing and Coding, Patient Management and Reporting and Analytics), By Delivery Model (Subscription-Based Models and Perpetual License Models), and End User (Ambulatory Care Centers, Hospitals, Pharmacies and Other Healthcare Providers) Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035
Published Date: Sep 2024 | Report ID: MI1031 | 210 Pages
Industry Outlook
The Electronic Health Records (EHR) market accounted for USD 36.2 Billion in 2024 and is expected to reach USD 82.7 Billion by 2035, growing at a CAGR of around 7.8% between 2025 and 2035. The Electronic Health Records market is a specialized sector in offering computerized systems and enhanced solutions for patient health information management. It focuses on accessibility, accuracy, and efficiency to improve patient information in a variety of healthcare settings. EHR is an electronic replacement for paper-based medical Records to promote improved patient outcomes, and lower errors which provides comprehensive data to healthcare providers. Additionally, it also contributes significantly to better care coordination and administrative workflow improvements.
Report Scope:
Parameter | Details |
---|---|
Largest Market | Asia Pacific |
Fastest Growing Market | North America |
Base Year | 2024 |
Market Size in 2024 | USD 36.2 Billion |
CAGR (2025-2035) | 7.8% |
Forecast Years | 2025-2035 |
Historical Data | 2018-2024 |
Market Size in 2035 | USD 82.7 Billion |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa |
What We Cover | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and 10 companies with scope for including additional 15 companies upon request |
Segments Covered | Product Type, Application, Delivery Model, End-use, and Region |
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Market Dynamics
- Improved Workflow Automation Driving Growth in Healthcare Efficiency
Automation in health care workflows facilitated by modern computing and the widespread adoption of health information delivery model. The adoption and use of health information delivery models (IT) are expanding, and the availability of modern computational delivery models creates new opportunities for workflow automation boosting productivity. By 2021, 88% of US office-based doctors had implemented electronic health Records (EHRs), with approximately 78% utilizing certified EHR systems. This widespread adoption reflects the fact that automation is becoming more and more crucial to improving care and optimizing healthcare operations.
- Cost Challenges in EHR Implementation Affecting Widespread Adoption
The adoption of an EHR is viewed by many medical professionals as being beyond their means. According to ONC estimates, the initial costs of an EHR license range from $15,000 to $70,000. However, there are unintended consequences associated with this kind of EHR: implementation is more challenging, staff training takes longer, and customization is relatively costly. Software for electronic health Records can give healthcare providers a competitive edge and improve patient care. Certain providers deem the software excessively costly, while others express security concerns, and numerous hospitals wish to avoid adding to the workload of their staff.
- Innovations in EHR Usability Enhanced Better Healthcare Outcomes and Adoption
Innovations in technology and alterations in regulations present the EHR market with substantial prospects. Real-time health monitoring and clinical decision-making can be improved by integrating with wearable technology and AI. While enhanced patient portals and telehealth integration improve patient engagement and access to care, cloud-based EHR solutions offer scalability and global reach. Growth in the market is also fueled by focusing on strong data security measures and adjusting to changing regulations. EHR providers can leverage these opportunities to increase market share, enhance healthcare delivery, and broaden their product offerings.
Industry Experts Opinion
“Allscripts partnership with Northwell Health has been successful for many years and, together, we are positioned to develop and launch the electronic health Records of tomorrow.”
-Paul Black, Allscripts Chief Executive Officer
Segment Analysis
Based on the product type, the market of Electronic Health Records (EHR) has been classified into Web/ cloud-based EHR and On-premises EHR. The cloud-based HER market segment dominated the market owing to reduced upfront costs and easier scalability, customization, and user-friendliness. Managers can use data mining to identify areas for workflow improvement and look deeper into patient data to identify trends in behavior, drug interactions, and other potential health risks.
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Based on the application type the market of Electronic Health Records (EHR) has been classified into clinical documentation, billing and coding, patient management, and reporting and analytics. Clinical documentation dominates the market due to playing a crucial part in improving patient care, optimizing clinical workflows, and assisting with clinical decision-making. For instance, electronic health records specifically designed for oncologists, called iKnowMed, improved patient safety, operational efficiency, and financial performance.
Regional Analysis
Regionally North America is the largest Electronic Health Records (EHR) market due to its innovation, robust healthcare infrastructure, and significant investments in the delivery model. A high product acceptance rate and favorable government initiatives supporting the production of Electronic Health Records (EHR) are the main factors leading the dominance of the North American Electronic Health Records (EHR) market. Data from the Office of the National Coordinator for Health Information Delivery Model (ONC) indicate that, as of 2021, roughly 76% of U.S. office-based physicians used electronic health Records (EHRs).
The second-largest EHR market is in Europe, which is driven by national and EU-wide health IT initiatives and is known for its consistent growth and rising adoption. The eHealth action plan of the European Union, along with several national initiatives, has promoted the widespread adoption of EHR systems throughout its member states. To increase healthcare quality and interoperability, European nations are investing heavily in digital health infrastructure. Policies aimed at improving patient-centered care and effective data management are supporting this regional growth. A cooperative approach to healthcare digitalization is beneficial to the European EHR market, as many nations concentrate on incorporating EHR systems into their national health systems to improve care delivery and streamline patient data.
Competitive Landscape
Key operating players in the Electronic Health Records (EHR) market are Epic Systems Corporation, Cerner Corporation (Oracle), eClinicalWorks, Allscripts Healthcare Solutions Inc., Meditech, NextGen Healthcare Inc., McKesson Corporation, Greenway Health LLC, Athenahealth Inc., GE Healthcare, Intersystems Corporation, CareCloud Inc., Medhost, Inc., Computer Programs and Systems, Inc. (CPSI) and Cantata Health. Furthermore, NextGen Healthcare extended its partnership with the American Podiatric Medical Association (APMA). Through this collaboration, the 'NextGen Office' cloud-based EHR and practice management solution for small practices will uniquely feature blueprints created exclusively with the APMA. These podiatry-specific blueprints are designed to tackle a variety of concerns, including diabetes, dermatitis, infections, and injuries.
Electronic Health Records (EHR) Market, Company Shares Analysis, 2024
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Recent Developments:
- In May 2023, eClinicalWorks®, the largest ambulatory cloud EHR, announced that New Life Health & Concierge, a patient-centered concierge medicine primary care practice, has chosen Healow and eClinicalWorks to increase patient engagement, drive patient acquisition, improve efficiency, and reduce costs.
- In Nov. 2022, A definitive agreement was signed by NextGen Healthcare, Inc., a prominent supplier of cutting-edge cloud-based healthcare Delivery Model solutions, to acquire TSI Healthcare, a privately held value-added reseller based in Chapel Hill, North Carolina.
Report Coverage:
By Product Type
- Web/ cloud-based EHR
- On-premise HER
By Application
- Clinical Documentation
- Billing and Coding
- Patient Management
- Reporting and Analytics
By Delivery Model
- Subscription-Based Models
- Perpetual License Models
End User
- Ambulatory Care Centers
- Hospitals
- Pharmacies
- Other Healthcare Providers
By Region
North America
- U.S.
- Canada
Europe
- U.K.
- France
- Germany
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
List of Companies:
- Epic Systems Corporation
- Cerner Corporation (Oracle)
- eClinicalWorks
- Allscripts Healthcare Solutions Inc.
- Meditech
- NextGen Healthcare Inc.
- McKesson Corporation
- Greenway Health LLC
- Athenahealth Inc.
- GE Healthcare
- Intersystems Corporation
- CareCloud Inc.
- Medhost, Inc.
- Computer Programs and Systems, Inc. (CPSI)
- Cantata Health
Frequently Asked Questions (FAQs)
What is the Electronic Health Records (EHR) Market size in 2024 and how it will evolve through 2035?
The Electronic Health Records (EHR) market accounted for USD 36.2 Billion in 2024 and is expected to reach USD 82.7 Billion by 2035, growing at a CAGR of around 7.8% between 2025 and 2035.
The demand for Electronic Health Records (EHR) is increasing, driven by government initiatives, technological advancements, low maintenance requirements, and the broader accessibility of EMRs. Enhanced workflow automation is also contributing to growth by boosting healthcare efficiency.
The Delivery Model is one of the largest segments of the Electronic Health Records (EHR) market due to its advanced innovation, robust healthcare infrastructure, and significant investments.
Regionally, North America is the largest market for Electronic Health Records (EHR) market due to its advanced innovation, robust healthcare infrastructure, and significant investments in the Delivery Model.
Key operating players in the Electronic Health Records (EHR) market are Epic Systems Corporation, Cerner Corporation (Oracle), eClinicalWorks, Allscripts Healthcare Solutions Inc., and Meditech. Additional key players are NextGen Healthcare Inc., McKesson Corporation, Greenway Health LLC, and Athenahealth Inc.
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