Healthcare Industry Electronic Health Records Market Growth Prospects

Your Catalyst To a Lucrative Business
Electronic Health Records Market Analysis, Size, Share, Growth
and Forecast to 2022 | Hexa Research
“Electronic health record market is expected to
witness lucrative growth over the forecast period
owing to the increasing demand of digitalization and
automation in healthcare sector.”
The growing trend of automation & digitalization in healthcare drives the Global Electronic Health Records
Market. This industry is anticipated to surpass USD 30 billion by the end of the forecast period (2015 to
2022). Need for greater efficiency, improvements in service quality, and patient safety are factors that may
augment growth in the forthcoming years. Implementation of favorable government i nitiatives, such as the
ARRA (America Recovery and Reinvestment Pack) helps foster widespread adoption of health record systems.
Technological improvements in EHR have led to greater access to critical information with the help of
handheld devices, such as tablets and iPhones. EHR systems are equipped with technologies that facilitate
monitoring, evaluation, management, sharing, and modifications of treatment plans. They can even track the
exact patient location in times of medical emergencies.
The global electronic health records Market is segmented as per applications, end users, and geographies.
Based on applications, the Market is bifurcated into web based and client server based. The web based EHR
segment is projected to expand considerably over the forecast period. Organizations can reduce initial c osts
by adopting web based EHR. They can also have access to their systems at anytime and from anywhere
because of the SaaS model. Client server based models are generally expensive because of high hardware
installation costs. However, their efficiency and speed are higher than those of web based EHR.
Browse Details of Report @ https://www.hexaresearch.com/research-report/electronic-health-records-
industry
Follow Us: