Market Research Reports- Consulting Analysis Crystal Market Research Electronic Health Records Market by Type - Global
Electronic Health Records Market Size Is
Projected To Be Around $33 Billion By 2025:
Crystal Market Research
A research study titled, “Electronic Health Records Market by Type, Installation, and End User -
Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that
electronic health records market is projected to be around $33 billion by 2025.
The U.S. Centers for Medicare & Medicaid Services has defined Electronic Health Record (EHR) as an
electronic version of a patient’s medical history. It is an electronic record of a patient’s health information
generated through one or more encounters in any care provider’s setting. These records include
information such as patient demographics, problems, progress notes, vital signs, medications, past
medical history, laboratory data, immunizations and radiology reports. An EHR system streamlines and
automates clinician's workflow. The EHR system can also directly or indirectly support care related
activities through different interfaces including quality management, evidence based decision support and
outcome reporting. EHRs assist healthcare providers in providing better care and taking better informed
decisions. One of the key features of EHR is that the health related information can be managed in a
digital format and can be shared with other healthcare providers across multiple healthcare organizations
such as laboratories, medical imaging facilities, pharmacies, and emergency healthcare facilities. The key
benefits of EHR systems are improved patient care, increased patient participation, enhanced care
coordination, improved diagnostic and patient outcomes, and increased practice efficiency. According to
a survey conducted by the U.S. Department of Health and Human Services, in 2014, 79% healthcare
providers reported increase in practice efficiency by using an EHR system whereas 70% healthcare
providers reported improvement in data confidentiality. Providers can have quick access to patients’
records from remote locations which can save valuable time while dealing with emergency cases.