U.S. Electronic Health Records Market Is Estimated To Surpass US$ 12.4 Billion By The End Of 2032

Technology

U.S. Electronic Health Records Market Outlook (2022-2032)

The U.S. electronic health records market stands at a current valuation of US$ 8.1 billion and is estimated to surpass US$ 12.4 billion by the end of 2032. The market is projected to expand at a CAGR of 4.3% during the forecast years of 2022-2032. As such, the market is poised to generate an absolute dollar opportunity worth US$ 4.3 Billion by the end of 2032.

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U.S. Electronic Health Records Industry Research Categorization

  • U.S. Electronic Health Records Market by Solution:

    • EHR Software
      • Cloud-based EHR
      • On-premise EHR
    • Services
      • Consulting
      • Implementation & Integration
      • Support & Maintenance
  • U.S. Electronic Health Records Market by End Use:

    • Hospitals
    • Specialty Clinics
    • Ambulatory Surgical Centers
    • Diagnostic Labs
    • Others
  • U.S. Electronic Health Records Market by Region:

    • West U.S.
    • South-West U.S.
    • Mid-West U.S.
    • North-East U.S.
    • South-East U.S.

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.

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