U.S. Electronic Health Records Market Aims for US$ 12.4 Billion by 2032

The current valuation of the U.S. electronic health records market stands at US$ 8.1 billion and is anticipated to exceed US$ 12.4 billion by the conclusion of 2032. Projections indicate a steady expansion at a 4.3% Compound Annual Growth Rate (CAGR) between 2022 and 2032. Consequently, the market is positioned to create a substantial financial opportunity, amounting to US$ 4.3 billion by the end of 2032.

An electronic health record (EHR) represents a computerized repository that securely stores information, accessible to medical professionals and authorized users. It serves as a digital rendition of patients' medical histories, curated and managed by healthcare practitioners. This encompassing record can encompass a wide array of data, including demographics, historical medical records, health conditions, vital signs, prescribed medications, progress notes, laboratory results, immunization records, radiology reports, and more.

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The readability score of the U.S. Electronic Health Records Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers. 

This U.S. Electronic Health Records market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of U.S. Electronic Health Records along with key stakeholders as well as emerging players associated with the manufacturing of product.

Competitive landscape:

Prominent players in the United States electronic health records market are focusing on advancements in software technology. They are also incorporating artificial intelligence in the development of electronic health record software and solutions to gain an edge over competitors in the market.

Increasing research & developmental activities along with constant technological innovations by prominent companies will support their growth in the market in the long run.

  • Oracle Corporation agreed to acquire Cerner Corporation in 2021. The company is a leading provider of digital information systems that are used in hospitals, enabling medical professionals to deliver better healthcare.
  • Constellation Software Inc. agreed to acquire Allscripts Healthcare Solutions in 2022. This acquisition is likely to be a cornerstone for the company providing key strategic components to become a digital health leader, benefitting customers over the coming years.

Fact.MR has provided detailed information about the price points of key electronic health record solution providers positioned across regions in the U.S., sales growth, production capacity, and speculative technological expansion, in the recently published report.

Key Companies Profiled:

  • Cerner Corporation
  • Allscripts Healthcare, LLC
  • NextGen Healthcare, Inc.
  • eClinicalWorks
  • HMS Networks
  • CPSI Corporation
  • AdvancedMD, Inc.
  • CureMD Healthcare
  • Greenway Health, LLC

U.S. Electronic Health Records Industry Research Categorization

  • by Solution:
    • EHR Software
      • Cloud-based EHR
      • On-premise EHR
    • Services
      • Consulting
      • Implementation & Integration
      • Support & Maintenance
  • by End Use:
    • Hospitals
    • Specialty Clinics
    • Ambulatory Surgical Centers
    • Diagnostic Labs
    • Others
  • by Region:
    • West U.S.
    • South-West U.S.
    • Mid-West U.S.
    • North-East U.S.
    • South-East U.S.

 

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Questionnaire answered in the Market outlook Report of U.S. Electronic Health Records include:

  • What is the key strategy deployed by large players to maximize U.S. Electronic Health Records Market growth?
  • What are the main challenges faced by players in the U.S. Electronic Health Records market Demand?
  • With the advent of technological advancement, how will the U.S. Electronic Health Records market landscape change over the forecast period?
  • What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the U.S. Electronic Health Records market size?

 

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