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.
North America Electronic Health Record (EHR) Market Overview
Globally, health systems are experiencing a surge in consumer engagement. In developing nations, healthcare is becoming increasingly technology-driven, with both established organizations and emerging startups expanding their reach. For example, the US-based Cleveland Clinic has extended its services to the UAE, reflecting a broader trend of internationalization in healthcare. The COVID-19 pandemic has further accelerated the adoption of digital health technologies, emphasizing the importance of remote monitoring solutions. In response, many governments have begun actively promoting telemedicine, creating lucrative opportunities for growth in the patient portal and digital health markets.
North America Electronic Health Record (EHR) Market Introduction
Electronic Health Records (EHRs) are digital versions of patients' medical records designed to provide real-time, patient-centered information accessible to authorized healthcare providers. EHRs typically include a patient's medical history, current medications, allergies, treatment plans, diagnoses, immunization records, radiology images, and laboratory test results.
The growing adoption of EHR systems is expected to significantly boost demand for digital health solutions in the coming years, thereby driving the expansion of the global EHR market.
Impact of COVID-19 on the North America Electronic Health Record (EHR) Market
North America, particularly the United States and Canada, was severely impacted by the COVID-19 pandemic, with the U.S. recording some of the highest numbers of cases and fatalities. The pandemic placed immense pressure on healthcare systems, drastically increasing the need for COVID-related diagnostics and treatments.
However, during this period, other essential health services experienced a notable decline. According to the Epic Health Research Network, screenings for breast, colon, and cervical cancers dropped by 94%, 86%, and 94% respectively between January 20 and April 21, 2020, compared to pre-pandemic levels. An IQVIA analysis revealed that while oncology visits for newly diagnosed cancer cases began to recover in the summer, they remained below baseline through October.
This reduction in preventive care and delayed diagnoses could lead to increased long-term health risks and treatment costs. Similar declines were observed in care for other serious and chronic conditions. As a result, the healthcare industry is recognizing the critical need for digital solutions like EHRs to ensure continuity of care and better health outcomes.
Given these trends, the North America Electronic Health Record (EHR) Market is expected to witness substantial growth during the forecast period.
North America Electronic Health Record (Ehr) Market Segmentation
North America Electronic Health Record (EHR) Market By Installation Type
- Cloud-Based
- On-Premise
North America Electronic Health Record (EHR) Market By Type
- Acute EHR
- Ambulatory EHR
- Post-Acute HER
North America Electronic Health Record (EHR) Market By End User
- Hospitals
- Diagnostic and Imaging Centers
- Ambulatory Care Centers
- Pharmacies
- Other
North America Electronic Health Record (EHR) Market By Country
- North America
- US
- Canada
- Mexico
North America Electronic Health Record (EHR) Market Companies Mentioned
- Cerner Corporation
- COMPUTER PROGRAMS AND SYSTEMS, INC.
- Allscripts Healthcare Solutions, Inc.
- McKesson Corporation
- Epic Systems Corporation.
- NextGen Healthcare
- eClinicalWorks
- Greenway Health
- AdvancedMD, Inc.
- CureMD Healthcare
North America Electronic Health Record (EHR) Market Strategic Insights
Strategic insights for the North America Electronic Health Record (EHR) Market provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
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Author's Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
