A comprehensive overview of the ambulatory EHR market is recently added by UnivDatos Market Insights to its humongous database. The ambulatory EHR market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the ambulatory EHR market. The ambulatory EHR market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the ambulatory EHR market at the global and regional levels. The Global Ambulatory EHR Market is expected to grow at a CAGR of around 6% from 2021-2027.
Market Overview
Deteriorating health coupled with the rising cost of medical treatment is one of the major reasons of concern across the globe owing to the advancement in medical technology. These factors are driving the worldwide demand for more efficient healthcare practices augmenting the growth of the ambulatory EHR market globally as the cloud-based ambulatory EHR solutions are cost and time-effective. Furthermore, the surging healthcare expenditure and government support for implementing electronic health records owing to the growing trend of centralization within the healthcare industry is also expected to augment the market growth.
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Furthermore, The market is booming due to the government initiatives to promote the use of healthcare IT, the high adoption rate of Electronic Health Records (EHR), and the introduction of artificial intelligence (AI) in the healthcare industry. Furthermore, the rising incidence of chronic diseases also propels market growth. For instance, As per the National Diabetes Statistics Report 2020, amongst the overall US population, 34.2 million people of all ages, or 10.5% of the US population had diabetes in 2018.
COVID-19 Impact
The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted the healthcare industry and has transformed the way healthcare is delivered. The ambulatory EHR market has been affected significantly during these times owing to the huge surge in COVID-19 patients across the globe and these EHR solutions in various medical institutions aids in the smooth workflow during the treatment process. Owing to this, many of the industry players are also launching new and advanced EHRs for the management of the healthcare systems during the pandemic.
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Global ambulatory EHR market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Deployment Type, the market is primarily fragmented into
· On-premise
· Cloud-based
Amongst Deployment Types, the cloud-based segment of the global ambulatory EHR market was valued at USD X billion in 2020 and is likely to reach USD X billion by 2027 growing at a CAGR of X% from 2021-2027.
By Application, the market is primarily segmented into
· Practice Management
· Patient Management
· E-prescribing
· Referral Management
· Population Health Management
· Others
By Applications, the practice management segment dominated the global ambulatory EHR market and will row at X% CAGR to reach US$ X billion by the year 2027.
By Practice Size, the market is primarily fragmented into
· Large Practices
· Medium-sized Practices
· Small Practices
By Practice Size, the large practices segment garners a significant share of the global ambulatory EHR market and will row at X% CAGR to reach US$ X billion by the year 2027.
By End-Users, the market is primarily segmented into
· Hospital-Owned Ambulatory Centers
· Independent Centers
Amongst End-Users, the hospital-owned ambulatory centers segment of the global ambulatory EHR market was valued at USD X billion in 2020 and is likely to reach USD X billion by 2027 growing at a CAGR of X% from 2021-2027.
Ambulatory EHR Market Geographical Segmentation Includes:
· North America (United States, Canada, and Rest of North America)
· Europe (Germany, United Kingdom, Italy, France, Spain, and Rest of Europe)
· Asia-Pacific (China, India, Australia, Japan, and Rest of Asia-Pacific)
· Rest of the World
Geographically, the North America region dominated the ambulatory EHR market with almost US$ X billion revenue in 2020 owing to the well-established healthcare infrastructure in the region.
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The major players targeting the market includes
· Allscripts Healthcare Solutions, Inc.
· Athenahealth Inc.
· Mckesson Corporation
· Greenway Health LLC
· Cerner Corporation
· EPIC Systems Corporation
· CureMD
· NetSmart Technologies
· eClinicalWorks
· Nextgen Healthcare Information Systems LLC
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the ambulatory EHR market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
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Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the ambulatory EHR market?
• Which factors are influencing the ambulatory EHR market over the forecast period?
• What are the global challenges, threats, and risks in the ambulatory EHR market?
• Which factors are propelling and restraining the ambulatory EHR market?
• What are the demanding global regions of the ambulatory EHR market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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