DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Electronic Health Records (EHR) Market Analysis By Product (Client Server-based, Web-based), By Type (Acute, Ambulatory, Post-Acute) By End-use (Hospitals, Ambulatory Care), And Segment Forecasts, 2014 - 2025" report to their offering.
The global Electronic Health Records (EHR) market is expected to reach USD 33.41 billion by 2025. The government initiatives undertaken in support of EHR adoption are most likely to accentuate the market growth.
The federal government introduced Health Information Technology for Economic and Clinical Health (HITECH) Act in 2009 for promoting usage of EHR amongst healthcare providers. The program included provision of training and assistance for health information technology (IT) workers in order to set up EHRs in the hospitals.
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The National Health Services (NHS), UK is planning to convert the documentation process into digitized form completely by the year 2018. In the U.S., federal government has announced financial incentives for physicians planning to adopt EHR systems. Any average physician with at least 30% of his/her patients covered with Medicare is eligible for incentives worth USD 44,000.
Many region-specific initiatives are promoting eHealth services. For instance, EUR-Lex gave eHealth action plan for 2012 - 2020, which states the strategies for deployment of eHealth services amongst European nations.
The EHR industry in Asia Pacific is projected to display substantial growth over the forecast period owing to various developments across major economies along with increased expenditure on healthcare IT. This regional market is expected to grow at a CAGR of 7% from 2017 to 2025.
Companies Mentioned
Cerner
GE Healthcare
Allscripts
McKesson Corporation
Epic Systems Corporation
NextGen Healthcare
eClinicalWorks
Medical Information Technology, Inc.
Healthcare Management System (HMS)
CPSI
AdvancedMD, Inc.
Computer Sciences Corporation (CSC)
CureMD Healthcare
Greenway Health, LLC
Practice Fusion, Inc.
