Ambulatory EHR Market Growth Projected to Hit $7.84 Billion by 2031
Meticulous
Research—a leading global market research company, published a research report
titled “Ambulatory EHR Market Size, Share, Forecast, & Trends Analysis by
Deployment Mode (Cloud, On-premise) Type (All-in-one, Modular) Application
(Practice, Patient Portal, CPOE, CDS, Referral, Population Health) End User,
Practice - Global Forecast to 2031”
Download Free Sample Report@ https://www.meticulousresearch.com/download-sample-report/cp_id=5190?utm_source=blog&utm_medium=social&utm_campaign=product&utm_content=24-10-2024
According to the latest report by Meticulous Research®, the global ambulatory EHR market is projected to grow to $7.84 billion by 2031, with a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031. This growth is fueled by government initiatives supporting EHR adoption, an increasing preference for outpatient care over traditional inpatient services, and the need to reduce operational costs in healthcare. The integration of artificial intelligence (AI) and machine learning (ML) technologies into ambulatory EHR systems, coupled with technological advancements in developing nations, is expected to offer further market opportunities. However, challenges such as limited IT infrastructure in developing countries, data security concerns, and the high cost of implementing ambulatory EHR systems could hinder growth.
Key Players
Major companies in the ambulatory EHR market include Epic Systems Corporation (U.S.), Cerner Corporation (U.S.), Medical Information Technology, Inc. (U.S.), Computer Programs and Systems, Inc. (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), athenahealth, Inc. (U.S.), NextGen Healthcare, Inc. (U.S.), eClinicalWorks (U.S.), Greenway Health, LLC (U.S.), CureMD Healthcare (U.S.), and AdvancedMD, Inc. (U.S.).
Market Segmentation
- Deployment Mode: In 2024, the cloud/web-based ambulatory EHR segment is expected to capture the largest share of the market, driven by real-time monitoring, flexibility, enhanced data security, and lower implementation costs.
- Type: The all-in-one EHR segment is anticipated to dominate, thanks to its comprehensive functionalities, ease of use, and seamless integration with existing hardware and software systems.
- Practice Size: Large practices are predicted to lead the market in 2024, driven by the need for efficient administrative coordination and task distribution.
- Application: The practice management segment is expected to hold the largest share, with demand growing for software that enhances operational efficiency and patient services.
- End User: Hospital-owned ambulatory centers are likely to hold the largest market share due to their financial stability and the need for streamlined healthcare data management.
Geographic Overview
In 2024, North America is projected to dominate the ambulatory EHR market, followed by Europe and the Asia-Pacific region. The U.S. will likely account for the largest market share, supported by the high number of ambulatory surgery centers, with approximately 6,200 reported in 2022 by the Ambulatory Surgery Center Association (ASCA).
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