The key factors propelling the growth of the global ambulatory EHR market are government support for the adoption of HCIT, growing usage of EHR solutions, an increase in the COVID-19 patient volume and the need to curtail healthcare costs. On the other hand, heavy infrastructure investments and the high cost of deployment are limiting the growth of the global market to a certain extent.
According to research report Ambulatory EHR Market is expected to reach $6.8 billion by 2025, at a CAGR of 5.7%.
In 2019, the cloud-based solutions segment accounted for the largest share of the market. Based on delivery mode, the hospital EHR market is segmented into on-premise and cloud-based solutions. The market is mainly driven by the advantages associated with cloud-based solutions, which include flexibility and cost reductions in healthcare delivery.
The practice management segment commanded the largest share of the global ambulatory EHR market in 2019. On the basis of application, the global market has been segmented into patient management, e-prescribing, practice management, referral management, population health management, decision support, and health analytics. The significant share of this application segment can primarily be attributed to the wide range of advantages associated with practice management solutions, including increased efficiency of day-to-day operations, enhanced value of services provided to patients, and improved adherence to compliance requirements.
The leading players in this market include Epic Systems Corporation (US), Cerner Corporation (US), Allscripts Healthcare Solutions (US), Medical Information Technology, Inc. (MEDITECH, US), CPSI (US), athenahealth, Inc. (US), Modernizing Medicine, Inc. (US), NextGen Healthcare Information Systems, LLC (US), eClinicalWorks (US), Medical Transcription Billing Corporation (MTBC, US), Amazing Charts, LLC (US), Greenway Health (US), eMDs, Inc. (US), NetSmart Technologies (US), and CureMD (US).
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