Global market size, growth rate, regional shares, competition analysis, specific segments, trends, and opportunities are all provided in The Business Research Company’s ambulatory electronic medical records market research study.
Ambulatory Electronic Medical Records Global Market Report 2024 – By Component (Hardware, Software), By Practice Type (Large Practices, Small-To-Medium-Sized Practices, Solo Practices Freestanding), By Delivery Mode (Cloud-Based, On-Premise), By Application (Practice Management, Patient Management, E-Prescribing, Referral Management, Population Health Management, Decision Support, Health Analytics), By End Users (Hospital-Owned Ambulatory Centers, Independent Centers) – Market Size, Trends, And Global Forecast 2024-2033 is a report published by The Business Research Company. The market for ambulatory electronic medical records is anticipated to increase significantly over the coming years, the report states.
It will increase at a compound annual growth rate (CAGR) of 9.3% to reach $10.81 billion in 2028.
Report Details & Coverage:
• Time Frame for Forecast: 2024–2033
• 2023 is the base year.
• Market Value: $163.96 billion in 2024
• Revenue Estimate: $212.12 billion in 2033
• CAGR: 9.3%
Market Segmentation for Global Ambulatory Electronic Medical Records
The market for ambulatory electronic medical records that is the subject of this report is divided into
1) By Part: Software, Hardware
2) By Type of Practice: Solo Practices Freestanding, Small-to-Medium Sized Practices, and Large Practices
3) By Mode of Delivery: On-Premise, Cloud-Based
4) By Use: Health Analytics, E-Prescription, Practice Management, Patient Management, Referral Management, Population Health Management, and Decision Support
5) By End Users: Independent Centers, Hospital-Owned Ambulatory Centers
Market Report on Ambulatory Electronic Medical Records: Factors Affecting Growth
The market for ambulatory electronic medical records is expected to grow as a result of the rising prevalence of chronic illnesses. Conditions that last a year or longer and require ongoing medical attention, interfere with daily activities, or both are referred to as chronic illnesses.
Ambulatory electronic medical records are necessary for patient management of various disorders, which is driving the growth of ambulatory healthcare services. In fiscal year 2020–21, for example, nearly half of all Australians (46.6%) had one or more chronic illnesses, and nearly one in five (18.6%) had two or more chronic ailments, according to The Treasury, a government-based chief economic adviser.
Thus, the market for ambulatory electronic medical records is expanding as a result of the rising prevalence of chronic illnesses.
Important Developments:
Ambulatory Information Systems Are Strengthened by Compugroup Medical’s Strategic Acquisition of Emds
CompuGroup Medical, a German e-health company, paid $240 million to purchase eMDs in December 2022. CompuGroup will use revenue cycle management and eMD’s ambulatory information systems as a result of this transaction.
A US-based company called eMDs specializes in developing ambulatory electronic health records.
Included is the top market leader:
InterSystems Corporation, CareCloud Inc., Cantata Health Solutions Inc., Advanced Data Systems Corporation, CureMD Healthcare Inc., Practice Fusion Inc., eMDs Inc., Virence Health Inc., McKesson Corporation, CPSI Inc., Veradigm Inc., Greenway Health LLC, Dr. Chrono Inc., Eyefinity Inc., Amazing Charts LLC, Kareo Inc., iPatientCare LLC, Azalea Health Innovations Inc., Harris Healthcare Inc., ICANotes Inc.
The regional landscape of the ambulatory electronic medical records industry
In 2023, the market for ambulatory electronic medical records was dominated by North America. Over the course of the projected period, Asia-Pacific is anticipated to grow at the fastest rate.
The ambulatory electronic medical records market study covers the following regions: North America, South America, the Middle East, Africa, Asia-Pacific, Western Europe, and Eastern Europe.
Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom, the United States, Italy, Spain, and Canada are among the nations that are included in the market report for ambulatory electronic medical records.
What is included in the report on the global ambulatory electronic medical records market?
1. Overview
• Ambulatory Electronic Medical Records Market Overview
• A thorough examination of the market for ambulatory electronic medical records
2. Market Drivers and Restraints for Ambulatory Electronic Medical Records
• Historic and Forecast Period Drivers and Restraints
3. Market Segmentation for Ambulatory Electronic Medical Records
• By Class of Drugs
• By Indication
• By Channel of Distribution
4. Company Profiles And The Competitive Environment In The Market For Ambulatory Electronic Medical Records
• Summary
• Goods and Services
• Plan
5. Regional and National Analysis of the Ambulatory Electronic Medical Records Market
• By Area
• By Nation
6. Ambulatory Electronic Medical Records Market Trends and Opportunities
• Developments in Technology
• New Developments
7. Analysis and Prospects for the Ambulatory Electronic Medical Records Market
• Strategies for Growth
• Fresh Possibilities
