North America Electronic Health Records Market Size, Share & Trends Analysis Report By Type (Acute, Post Acute), By Application (Radiology, Oncology), By Product, By Business Models, By End-use, By Country, And Segment Forecasts, 2024 - 2030
North America Electronic Health Records Market Growth & Trends
The North America electronic health records market size is anticipated to reach USD 15.39 billion by 2030 and is anticipated to expand at a CAGR of 2.46% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market's growth can be attributed to the increase in proactive government initiatives to enhance healthcare information technology (HCIT) usage, growing trend of preventive healthcare & rising funding for digital health solutions startups, and rise in demand for centralized & streamlined healthcare administration across North America.
Moreover, the growing partnerships & collaborations of local service providers with major electronic health record (EHR) providers to offer EHR products and services in North America are expected to propel the market's growth over the forecast period. The rising partnership by industry providers to increase their capabilities, improve their competencies, and expand their product & service portfolios. For instance, in April 2024, Auxilio Mutuo Hospital, a private nonprofit hospital, partnered with Oracle to provide staff and clinicians with a comprehensive, simplified view of patient's health data by selecting Oracle Health's EHR. In addition, the hospital chose Oracle Health's RevElate Patient Accounting to provide an automated billing process and bring together a convenient, clear view of clinical & financial data.
North America Electronic Health Record Market Report Highlights
- Based on the product, the web-based EHR segment held the largest market share in 2023. This can be attributed to the growing adoption rate by physicians and healthcare providers
- Based on type, the acute segment dominated the market with the largest market share in 2023 owing to the growing government initiative to adopt EHRs to improve patient care, streamline workflows, and meet regulatory requirements
- Based on business model, professional services dominated the market with the largest market share in 2023. Professional services help healthcare organizations design and implement EHR systems more effectively, leading to improved patient outcomes and enhanced decision-making based on health data
- Based on application, the cardiology segment is expected to grow at the fastest CAGR during the forecast period, owing to the rising incidence of hospitalization of patients diagnosed with cardiovascular diseases
- Based on end-use, hospital use dominated the market with the largest market share in 2023, owing to the rising need for enhancing information systems in hospitals
- Based on country, the U.S. country dominated the market with the largest market share in 2023, owing to the rising need for interoperability between different EHR systems and rising investment in R&D in the healthcare sector
- In April 2024, Oracle announced an Autonomous Shield Plan to assist customers in transitioning to a comprehensive EHR and Cloud Infrastructure solution, minimizing risk and enhancing system performance
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment Definitions
- 1.2. Estimates and Forecast Timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR’s Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Primary Research
- 1.4.5. Details of Primary Research
- 1.4.6. Research Assumption
- 1.5. Information or Data Analysis
- 1.5.1. Data Analysis Models
- 1.6. Market Formulation & Data Visualization
- 1.7. Model Details
- 1.7.1. Commodity Flow Analysis
- 1.8. Objectives
- 1.9. List of Secondary Sources
- 1.10. List of Abbreviations
- Chapter 2. Executive Summary
- 2.1. North America Electronic Health Records Market
- 2.1.1. Market Snapshot
- 2.1.2. Segment Snapshot
- 2.1.3. Competitive Landscape Snapshot
- Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Government initiatives to encourage HCIT usage
- 3.2.1.2. Introduction of technologically advanced healthcare services
- 3.2.1.3. Rising demand for centralization and streamlining of healthcare administration
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Threats to data security
- 3.2.2.2. High cost of EHR implementation
- 3.2.3. Market Opportunities
- 3.2.3.1. Increase in the number of initiatives and investments supporting EHR and digital health
- 3.2.3.2. Increasing use of cloud-based EHRs
- 3.2.4. Industry Challenges
- 3.2.4.1. Data security and privacy concerns for patient information
- 3.2.4.2. Issues related to interoperability of various EHR systems
- 3.2.4.3. Incomplete or unsuccessful IOT projects
- 3.3. Qualitative Analysis
- 3.3.1. Data analytics and other software solution provided by vendors outside of EHR
- 3.3.2. Integration of data analytics and other software with EHR modules
- 3.4. Case Study: Adoption of HCIT and EHRs in U.S.
- 3.4.1. EHR adoption in Oregon
- 3.4.2. National trends and the impact of the HITECH act in the U.S.
- 3.5. Business Environment Analysis Tools
- 3.5.1. Industry Analysis - Porter’s Five Forces Analysis
- 3.5.1.1. Supplier power
- 3.5.1.2. Buyer power
- 3.5.1.3. Substitution threat
- 3.5.1.4. Threat of new entrant
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- Chapter 4. Product Business Analysis
- 4.1. North America Electronic Health Records Market: Product Movement Analysis
- 4.2. North America Electronic Health Records Market: Product Segment Dashboard
- 4.3. Product Movement & Market Share Analysis, 2023 & 2030
- 4.4. North America Electronic Health Records Market Estimates & Forecast, by Product
- 4.5. Client-server Based EHR
- 4.5.1. Client-server based EHR market, 2018 - 2030 (USD Million)
- 4.6. Web-based EHR
- 4.6.1. Web-based EHR market, 2018 - 2030 (USD Million)
- Chapter 5. Type Business Analysis
- 5.1. North America Electronic Health Records Market: Type Movement Analysis
- 5.2. North America Electronic Health Records Market: Type Segment Dashboard
- 5.3. Type Movement & Market Share Analysis, 2023 & 2030
- 5.4. North America Electronic Health Records Market Estimates & Forecast, by Type
- 5.5. Acute
- 5.5.1. Acute market, 2018 - 2030 (USD Million)
- 5.6. Ambulatory
- 5.6.1. Ambulatory market, 2018 - 2030 (USD Million)
- 5.7. Post Acute
- 5.7.1. Post acute market, 2018 - 2030 (USD Million)
- Chapter 6. Business Model Business Analysis
- 6.1. North America Electronic Health Records Market: Business Model Movement Analysis
- 6.2. North America Electronic Health Records Market: Business Model Segment Dashboard
- 6.3. Business Model Movement & Market Share Analysis, 2023 & 2030
- 6.4. North America Electronic Health Records Market Estimates & Forecast, by Business Model
- 6.5. Licensed Software
- 6.5.1. Licensed software market, 2018 - 2030 (USD Million)
- 6.6. Technology Resale
- 6.6.1. Technology resale market, 2018 - 2030 (USD Million)
- 6.7. Subscriptions
- 6.7.1. Subscriptions market, 2018 - 2030 (USD Million)
- 6.8. Professional Services
- 6.8.1. Professional services market, 2018 - 2030 (USD Million)
- 6.9. Others
- 6.9.1. Others market, 2018 - 2030 (USD Million)
- Chapter 7. Application Business Analysis
- 7.1. North America Electronic Health Records Market: Application Movement Analysis
- 7.2. North America Electronic Health Records Market: Application Segment Dashboard
- 7.3. Application Movement & Market Share Analysis, 2023 & 2030
- 7.4. North America Electronic Health Records Market Estimates & Forecast, by Application
- 7.5. Cardiology
- 7.5.1. Cardiology market, 2018 - 2030 (USD Million)
- 7.6. Neurology
- 7.6.1. Neurology market, 2018 - 2030 (USD Million)
- 7.7. Radiology
- 7.7.1. Radiology market, 2018 - 2030 (USD Million)
- 7.8. Oncology
- 7.8.1. Oncology market, 2018 - 2030 (USD Million)
- 7.9. Others
- 7.9.1. Others market, 2018 - 2030 (USD Million)
- Chapter 8. End Use Business Analysis
- 8.1. North America Electronic Health Records Market: End Use Movement Analysis
- 8.2. North America Electronic Health Records Market: End Use Segment Dashboard
- 8.3. End Use Movement & Market Share Analysis, 2023 & 2030
- 8.4. North America Electronic Health Records Market Estimates & Forecast, by End Use
- 8.5. Hospital Use
- 8.5.1. Hospital use market, 2018 - 2030 (USD Million)
- 8.6. Ambulatory Use
- 8.6.1. Ambulatory use market, 2018 - 2030 (USD Million)
- Chapter 9. Country Estimates & Trend Analysis by Product, Type, Business Model, Application, & End Use
- 9.1. North America Market Share Analysis, 2023 & 2030
- 9.2. North America Market Dashboard
- 9.3. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
- 9.4. North America
- 9.4.1. North America Electronic Health Records (EHR) market, 2018 - 2030 (USD Million)
- 9.4.2. U.S.
- 9.4.2.1. Key country dynamics
- 9.4.2.2. Regulatory framework
- 9.4.2.3. Competitive scenario
- 9.4.2.4. U.S. North America Electronic Health Records (EHR) market, 2018 - 2030 (USD Million)
- 9.4.3. Canada
- 9.4.3.1. Key country dynamics
- 9.4.3.2. Regulatory framework
- 9.4.3.3. Competitive scenario
- 9.4.3.4. Canada North America Electronic Health Records (EHR) market, 2018 - 2030 (USD Million)
- 9.4.4. Mexico
- 9.4.4.1. Key country dynamics
- 9.4.4.2. Regulatory framework
- 9.4.4.3. Competitive scenario
- 9.4.4.4. Mexico North America Electronic Health Records (EHR) market, 2018 - 2030 (USD Million)
- Chapter 10. Competitive Landscape
- 10.1. Company Categorization
- 10.2. Company Market Position Analysis
- 10.3. Strategy Mapping
- 10.3.1. Partnership/Collaboration/Alliance
- 10.3.2. New Product & Service Launch
- 10.3.3. Mergers & Acquisitions
- 10.3.4. Regional Expansion Launch
- 10.3.5. Others
- 10.4. Company Profiles/Listing
- 10.4.1. AdvancedMD, Inc.
- 10.4.1.1. Overview
- 10.4.1.2. Financial performance
- 10.4.1.3. Product/Service benchmarking
- 10.4.1.4. Strategic initiatives
- 10.4.2. CureMD Healthcare
- 10.4.2.1. Overview
- 10.4.2.2. Financial performance
- 10.4.2.3. Product/Service benchmarking
- 10.4.2.4. Strategic initiatives
- 10.4.3. eClinicalWorks
- 10.4.3.1. Overview
- 10.4.3.2. Financial performance
- 10.4.3.3. Product/Service benchmarking
- 10.4.3.4. Strategic initiatives
- 10.4.4. Epic Systems Corporation
- 10.4.4.1. Overview
- 10.4.4.2. Financial performance
- 10.4.4.3. Product/Service benchmarking
- 10.4.4.4. Strategic initiatives
- 10.4.5. GE Healthcare
- 10.4.5.1. Overview
- 10.4.5.2. Financial performance
- 10.4.5.3. Product/Service benchmarking
- 10.4.5.4. Strategic initiatives
- 10.4.6. Greenway Health, LLC
- 10.4.6.1. Overview
- 10.4.6.2. Financial performance
- 10.4.6.3. Product/Service benchmarking
- 10.4.6.4. Strategic initiatives Overview
- 10.4.7. McKesson Corporation
- 10.4.7.1. Overview
- 10.4.7.2. Financial performance
- 10.4.7.3. Product/Service benchmarking
- 10.4.7.4. Strategic initiatives
- 10.4.8. Medical Information Technology, Inc. (Meditech)
- 10.4.8.1. Overview
- 10.4.8.2. Financial performance
- 10.4.8.3. Product/Service benchmarking
- 10.4.8.4. Strategic initiatives
- 10.4.9. NXGN Management, LLC.
- 10.4.9.1. Overview
- 10.4.9.2. Financial performance
- 10.4.9.3. Product/Service benchmarking
- 10.4.9.4. Strategic initiatives
- 10.4.10. Oracle
- 10.4.10.1. Overview
- 10.4.10.2. Financial performance
- 10.4.10.3. Product/Service benchmarking
- 10.4.10.4. Strategic initiatives
- 10.4.11. TruBridge (CPSI)
- 10.4.11.1. Overview
- 10.4.11.2. Financial performance
- 10.4.11.3. Product/Service benchmarking
- 10.4.11.4. Strategic initiatives
- 10.4.12. Veradigm LLC
- 10.4.12.1. Overview
- 10.4.12.2. Financial performance
- 10.4.12.3. Product/Service benchmarking
- 10.4.12.4. Strategic initiatives
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