North America Electronic Health Record (EHR) Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Installation Type (Cloud-Based, and On-Premise); Type (Acute EHR, Ambulatory EHR, and Post-Acute EHR); End User (Hospitals, Pharmacies, Diagnostic and Imaging Centers, Ambulatory Care Centers, and Other End Users)

Market Introduction

Electronic health record (EHR) is a digital version of patient’s medical records. EHRs are patient-centred and real-time records, that make patient data available instantly and securely to authorized healthcare professionals. It contains patient's medical history, medications, allergies, treatment plans, diagnoses, immunization dates, radiology images, and laboratory test results.

Thus, an increasing adoption of Electronic Health Records (EHRs) is expected to create a significant demand for electronic health record (EHR) in the coming years, which is further anticipated to drive the electronic health record (EHR) market.

North American region is highly affected due to the outbreak of the Covid-19 pandemic. Countries such as the US and Canada reported the highest numbers of COVID-19 positive cases. The US-registered highest number of deaths due to the COVID-19 pandemic. The chaotic situation was created in the medical industry across the countries, increased demand for COVID diagnostics and therapeutics have dramatically increased in the hospitals. According to the Epic Health Research Network report of electronic health records, the average weekly screenings for breast, colon, and cervical cancers decreased by 94%, 86%, and 94% during January 20 – April 21, 2020 relative to the averages before January 20, 2020. Further IQVIA analysis concluded that oncology visits for newly diagnosed cancer patients began to increase in summer but had still not reached baseline in October. If oncology cases are missed or patients are diagnosed at end stages, it could result in long-term impacts on both health outcomes and costs. Similar patterns were observed for other serious and chronic diseases. The continued decrease in health services utilization, including preventive services, may result in more serious diagnoses and increased disease burden in the future. Therefore, it expected that the market for the electronic health record (EHR) would witness growth during the forecast period.

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Market Overview and Dynamics

The Electronic health record (EHR) market in North America is expected to grow from US$ 10,236.8 million in 2021 to US$ 14,064.1 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028. Health systems are experiencing growing consumer engagement worldwide. In developing countries, health systems are becoming more technologically friendly. These are experiencing an internationalization of care as established brands, as well as start-ups, are expanding their businesses. For instance, the US-based Cleveland Clinic is expanding its markets in the UAE. Also, COVID-19 has accelerated the use of digital health technologies globally. The pandemic has prioritized remote monitoring solutions. Governments in the region are promoting telemedicine, offering lucrative opportunities for the patient portal market in coming years.

Key Market Segments

In terms of installation type, the cloud-based segment accounted for the largest share of the North America electronic health record (EHR) market in 2020. In terms of type, the acute EHR segment accounted for the largest share of the North America electronic health record (EHR) market in 2020. In terms of end user, the hospitals segment held a larger market share of the electronic health record (EHR) market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the electronic health record (EHR) market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Cerner Corporation, COMPUTER PROGRAMS AND SYSTEMS, INC., Allscripts Healthcare Solutions, Inc., McKesson Corporation, Epic Systems Corporation., NextGen Healthcare, eClinicalWorks, Greenway Health, AdvancedMD, Inc., and CureMD Healthcare.

Reasons to buy report

To understand the North America electronic health record (EHR) market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for North America electronic health record (EHR) market
Efficiently plan M&A and partnership deals in North America Electronic health record (EHR) market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America Electronic health record (EHR) market
Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

NORTH AMERICA ELECTRONIC HEALTH RECORD (EHR) MARKET SEGMENTATION

By Installation Type

Cloud-Based
On-Premise

By Type

Acute EHR
Ambulatory EHR
Post-Acute HER

By End User

Hospitals
Diagnostic and Imaging Centers
Ambulatory Care Centers
Pharmacies
Other

By Country

North America
- US
- Canada
- Mexico

Companies Mentioned

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Electronic Health Record (EHR) Market – By Installation Type

1.3.2 Electronic Health Record (EHR) Market – By Type

1.3.3 Electronic Health Record (EHR) Market – By End User

1.3.4 North America Electronic Health Record (EHR) Market – By Country

2. North America Electronic Health Record (EHR) Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Electronic Health Record (EHR) Market – Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Electronic Health Record (EHR) Market- North America PEST Analysis

4.3 Expert Opinion

5. North America Electronic Health Record (EHR) Market - Key Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Adoption of Electronic Health Records (EHRs)

5.1.2 Rising Incentives by Federal Government

5.1.3 Growing Incidences of Medication Errors

5.2 Market Restraints

5.2.1 Concerns Regarding Data Privacy

5.2.2 Physician Burnout

5.3 Market Opportunities

5.3.1 Growing Healthcare IT industry in Emerging Economies

5.4 Future Trends

5.4.1 Combining EHR With Artificial Intelligence and Voice Recognition

5.5 Impact Analysis

6. Electronic Health Record (EHR) Market – North America Analysis

6.1 North America Electronic Health Record (EHR) Market Revenue Forecasts and Analysis

7. North America Electronic Health Record (EHR) Market Analysis and Forecasts To 2028 – By Installation Type

7.1 Overview

7.2 Electronic Health Record (EHR) Market Revenue Share, by Installation Type (2020 and 2028)

7.3 Cloud-Based

7.3.1 Overview

7.3.2 Cloud-Based: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

7.4 On Premise

7.4.1 Overview

7.4.2 On Premise: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

8. North America Electronic Health Record (EHR) Market Analysis and Forecasts To 2028 – By Type

8.1 Overview

8.2 Electronic Health Record (EHR) Market Revenue Share, by Type (2020 and 2028)

8.3 Acute EHR

8.3.1 Overview

8.3.2 Acute EHR: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

8.4 Ambulatory EHR

8.4.1 Overview

8.4.2 Ambulatory EHR: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

8.5 Post-Acute EHR

8.5.1 Overview

8.5.2 Post-Acute EHR: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

9. North America Electronic Health Record (EHR) Market Analysis and Forecasts to 2028– By End User

9.1 Overview

9.2 Electronic Health Record (EHR) Market, by End User, 2020 and 2028 (%)

9.3 Hospitals

9.3.1 Overview

9.3.2 Hospitals: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

9.4 Pharmacies

9.4.1 Overview

9.4.2 Pharmacies: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

9.5 Diagnostic and Imaging Centers

9.5.1 Overview

9.5.2 Diagnostic and Imaging Centers: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

9.6 Ambulatory Care Centers

9.6.1 Overview

9.6.2 Ambulatory Care Centers: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

9.7 Others

9.7.1 Overview

9.7.2 Others: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

10. Electronic Health Record (EHR) Market Revenue and Forecasts to 2028 – Geographical Analysis

10.1 North America: Electronic Health Record (EHR) Market

10.1.1 Overview

10.1.2 North America: Electronic Health Record (EHR) Market, by Country, 2020 & 2028 (%)

10.1.2.1 US: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.1 US: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.2 US: Electronic Health Record (EHR) Market, by Installation Type, 2019–2028 (USD Million)

10.1.2.1.3 US: Electronic Health Record (EHR) Market, by Type, 2019–2028 (USD Million)

10.1.2.1.4 US: Electronic Health Record (EHR) Market, by End User, 2019–2028 (USD Million)

10.1.2.2 Canada: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.1 Canada: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.2 Canada: Electronic Health Record (EHR) Market, by Installation Type, 2019–2028 (USD Million)

10.1.2.2.3 Canada: Electronic Health Record (EHR) Market, by Type, 2019–2028 (USD Million)

10.1.2.2.4 Canada: Electronic Health Record (EHR) Market, by End User, 2019–2028 (USD Million)

10.1.2.3 Mexico: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.1 Mexico: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.2 Mexico: Electronic Health Record (EHR) Market, by Installation Type, 2019–2028 (USD Million)

10.1.2.3.3 Mexico: Electronic Health Record (EHR) Market, by Type, 2019–2028 (USD Million)

10.1.2.3.4 Mexico: Electronic Health Record (EHR) Market, by End User, 2019–2028 (USD Million)

11. Impact Of COVID-19 Pandemic on North America Electronic Health Record (EHR) Market

11.1 North America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Growth Strategies Done by the Companies in the Market, (%)

12.3 Organic Developments

12.3.1 Overview

12.4 Inorganic Developments

12.4.1 Overview

13. COMPANY PROFILES

13.1 Cerner Corporation

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 McKESSON CORPORATION

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 NEXTGEN HEALTHCARE INFORMATION SYSTEM, LLC

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 eClinicalWorks

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 COMPUTER PROGRAMS AND SYSTEMS, INC.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 AdvancedMD, Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 CureMD Healthcare

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Epic Systems Corporation

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Allscripts Healthcare, LLC

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Greenway Health, LLC

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About the Insight Partners

14.2 Glossary of Terms

LIST OF TABLES

Table 1. US Electronic Health Record (EHR) Market, by Installation Type – Revenue and Forecast to 2028 (USD Million)

Table 2. US Electronic Health Record (EHR) Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 3. US Electronic Health Record (EHR) Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 4. Canada Electronic Health Record (EHR) Market, by Installation Type – Revenue and Forecast to 2028 (USD Million)

Table 5. Canada Electronic Health Record (EHR) Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 6. Canada Electronic Health Record (EHR) Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 7. Mexico Electronic Health Record (EHR) Market, by Installation Type – Revenue and Forecast to 2028 (USD Million)

Table 8. Mexico Electronic Health Record (EHR) Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 9. Mexico Electronic Health Record (EHR) Market, by End User – Revenue and Forecast to 2028 (USD Million)

Table 10. Organic Developments Done by Companies

Table 11. Inorganic Developments Done by Companies

Table 12. Glossary of Terms, Electronic Health Record (EHR) Market

LIST OF FIGURES

Figure 1. Electronic Health Record (EHR) Market Segmentation

Figure 2. North America Electronic Health Record (EHR) Market Overview

Figure 3. Cloud-based Segment Held Largest Share of Installation Type in Electronic Health Record (EHR) Market

Figure 4. US is Expected to Show Remarkable Growth During the Forecast Period

Figure 5. Electronic Health Record (EHR) Market - North America PEST Analysis

Figure 6. Electronic Health Record (EHR) Market Impact Analysis of Driver and Restraints

Figure 7. North America Electronic Health Record (EHR) Market – Revenue Forecasts and Analysis – 2020- 2028

Figure 8. Electronic Health Record (EHR) Market Revenue Share, by Installation Type (2020 and 2028)

Figure 9. Cloud-Based: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 10. On Premise: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 11. Electronic Health Record (EHR) Market Revenue Share, by Type (2020 and 2028)

Figure 12. Acute EHR: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 13. Ambulatory EHR: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 14. Post-Acute EHR: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 15. Electronic Health Record (EHR) Market, by End User, 2020 and 2028 (%)

Figure 16. Hospitals: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 17. Pharmacies: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 18. Diagnostic and Imaging Centers: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 19. Ambulatory Care Centers: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 20. Others: Electronic Health Record (EHR) Market– Revenue and Forecast to 2028 (US$ Million)

Figure 21. North America: Electronic Health Record (EHR) Market, by Key Country – Revenue (2020) (USD Million)

Figure 22. North America: Electronic Health Record (EHR) Market, by Country, 2020 & 2028 (%)

Figure 23. US: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

Figure 24. Canada: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

Figure 25. Mexico: Electronic Health Record (EHR) Market – Revenue and Forecast to 2028 (USD Million)

Figure 26. Impact of COVID-19 Pandemic in North American Country Markets

Figure 27. Growth Strategies Done by the Companies in the Market, (%)

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