Ambulatory EHR Market Research, 2033
The global ambulatory EHR market size was valued at $6.1 billion in 2023, and is projected to reach $11.1 billion by 2033, growing at a CAGR of 6.3% from 2024 to 2033. Rise in adoption of digital health technologies to improve patient care and operational efficiency in outpatient settings drive the growth of the ambulatory HER market. In addition, rise in demand for integrated healthcare solutions that streamline clinical workflows, reduce paperwork, and enhance data sharing between healthcare providers has further fueled the Ambulatory EHR Industry growth.
Market Introduction and Definition
Ambulatory EHR (Electronic Health Record) systems are designed for outpatient care settings, enabling healthcare providers to manage patient records digitally. These systems streamline workflows by offering features such as e-prescribing, appointment scheduling, and clinical documentation. Ambulatory EHRs improve care coordination by allowing physicians to easily access and share patient information across practices. Key benefits include enhanced accuracy in patient data, better management of chronic conditions, and reduced administrative burden.
Key Takeaways
- The ambulatory EHR market share study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major ambulatory EHR industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Dynamics
According to ambulatory EHR market analysis, increased adoption of EHR systems, government incentives and regulations, and rise in demand for telehealth services are key factors that drive the growth of the market. Increase in adoption of EHR systems is attributed to growing need for efficient patient data management and improved healthcare outcomes. EHR systems streamline workflows by providing real-time access to patient records, facilitating better coordination among healthcare providers, and reducing errors related to manual recordkeeping. In addition, regulatory initiatives and government incentives promoting the use of EHRs, such as the Health Information Technology for Economic and Clinical Health (HITECH) Act, have accelerated their implementation in ambulatory care settings. As healthcare providers seek to enhance patient care, reduce operational costs, and ensure compliance with evolving healthcare standards, the demand for advanced EHR systems continues to rise, driving the ambulatory EHR market growth.
According to ambulatory EHR market opportunity, rise in demand for telehealth services is a significant driver for the ambulatory EHR market, as it highlights the need for integrated, flexible healthcare solutions. With the expansion of telehealth, especially accelerated by the COVID-19 pandemic, healthcare providers require EHR systems that support remote patient monitoring, virtual consultations, and seamless exchange of health data across digital platforms. Ambulatory EHR systems play a crucial role in facilitating these services by offering features such as telehealth scheduling, secure patient communication, and real-time documentation of remote visits. In addition, patients increasingly expect convenience and accessibility, further driving healthcare organizations to adopt EHR systems that are compatible with telehealth technologies. Thus, the rise in demand of telehealth services is expected to drive ambulatory EHR market growth.
Parent Market Overview- Electronic Health Records Market
The global electronic health records market size was valued at $30, 550.3 million in 2020, and is projected to reach $63, 848.6 million by 2030, registering a CAGR of 7.7% from 2021 to 2030. Electronic health records (EHR) are digital versions of a patient's paper chart, providing a comprehensive and real-time view of an individual's medical history. These records include key information such as medical diagnoses, treatment plans, medications, immunization dates, laboratory test results, and radiology images. EHR systems allow authorized healthcare providers to access and share this information securely, improving coordination across different settings such as hospitals, clinics, and laboratories.
Market Segmentation
The ambulatory EHR market is segmented on the basis of deployment mode, application, type end user, and region. By deployment mode, the market is classified into in cloud and on premise. By application, the market is divided into practice management, computerized physician order entry, and clinical decision support. By type, the market is divided into all-in-one ambulatory HER and modular ambulatory HER. By end user, the market is divided into hospital-owned ambulatory centers and independent ambulatory centers. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Regional/Country Market Outlook
According to ambulatory EHR market forecast analysis North America dominated the ambulatory EHR market share in 2023. North America has emerged as a major revenue generator in the ambulatory electronic health record (EHR) market due to several key factors. The widespread adoption of EHR systems in the region is driven by strong government initiatives, such as the Health Information Technology for Economic and Clinical Health (HITECH) Act, which incentivized healthcare providers to implement EHR systems. The region also benefits from a well-established healthcare infrastructure, high number of ambulatory care centers, and presence of key market players that offer advanced EHR solutions tailored for outpatient settings.
In addition, the U.S. has a large patient population requiring outpatient care, which creates high demand for efficient EHR systems to manage clinical workflows, billing, and patient data. The region's focus on improving healthcare outcomes, enhancing patient engagement, and achieving cost-efficiency further supports the dominance of the North America region in the market. The integration of ambulatory EHRs with telemedicine and mobile health platforms is another significant factor for the market growth.
In Asia-Pacific region, rapid market expansion is anticipated due to the rapid digitalization of healthcare systems and rise in healthcare expenditure in countries like China, India, and Japan. Governments in these regions are actively promoting the adoption of EHR systems to improve healthcare delivery and data management. Rise in medical tourism, growing awareness of healthcare IT solutions, and the expansion of healthcare services in rural and urban areas further fuel the growth of ambulatory EHR market size in Asia-Pacific region
- The Health Information Technology for Economic and Clinical Health (HITECH) Act, was signed into law on February 17, 2009, to promote the adoption and meaningful use of health information technology. Subtitle D of the HITECH Act addresses the privacy and security concerns associated with the electronic transmission of health information.
- According to Minister of Finance, India, central and state governments’ budgeted expenditure on health sector touches 2.1% of GDP in 2023.
- According to a 2023 article by the Organisation for Economic Co-operation and Development, ambulatory surgery accounts for 90% or more of all cataract surgeries in around three-quarters of OECD countries.
Industry Trends
- According to Medicare Payment Advisory Commission, about 6, 100 ambulatory surgical centers treated 3.3 million fee-for-service (FFS) Medicare beneficiaries in 2022.
- According to a 2022 article by Medicare Payment Advisory Commission, fee-for-service beneficiary rose by 2.8% in 2022.
- According to International Trade Administration, the Indian healthcare industry reached over $370 billion in 2022. Ambulatory surgery in India is still a new concept of modern surgical care and has significant growth opportunity in the region.
- According to a 2021 article by National Library of Medicine, around 90% of adults in Germany utilize outpatient medical or psychotherapeutic services every year.
Competitive Landscape
The ambulatory EHR market report includes key players such as Epic Systems Corporation, Cerner Corporation, Allscripts Healthcare Solutions, Inc, Medical Information Technology, Inc., Computer Programs and Systems, Inc., Athenahealth Inc., NextGen Healthcare Inc., eClinicalWorks Inc., and Green Health Inc. Other players in the ambulatory EHR market are CureMD Healthcare Inc., and AdvancedMed Inc.
Recent Key Strategies and Developments
- In September 2023, the Georgian Bay Information Network (GBIN) announced plans to enhance its use of Oracle Corporation's EHRs. This expansion aims to integrate advanced clinical services, optimize medication administration, and provide oncology specialty support.
- In March 2023, NextGen Healthcare launched Mirth Cloud Connect, a cloud-based solution designed to facilitate interoperability as a managed service. This development underscores the growing trend toward cloud solutions in the ambulatory EHR sector
Key Benefits for Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the market analysis from 2024 to 2033 to identify the prevailing ambulatory EHR market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the ambulatory EHR market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global ambulatory ehr market trends, key players, market segments, application areas, and market growth strategies.
Ambulatory EHR Market Report Highlights
Aspects | Details |
Market Size By 2033 | USD 11.1 Billion |
Growth Rate | CAGR of 6.3% |
Forecast period | 2024 - 2033 |
Report Pages | 280 |
By Deployment Mode |
|
By Application |
|
By Type |
|
By End User |
|
By Region |
|
Key Market Players | NextGen Healthcare Inc., eClinicalWorks Inc, Allscripts Healthcare Solutions, Inc, CureMD Healthcare Inc, EPIC Systems Corporation, Medical Information Technology, Inc., Athenahealth Inc, Cerner Corporation, Green Health Inc, Computer Programs and Systems, Inc. |
The global ambulatory EHR market was valued at $6.1 billion in 2023
The market value of Ambulatory EHR Market is projected to reach $11.1 billion by 2033
The forecast period for Ambulatory EHR Market is 2024-2033.
The base year is 2023 in Ambulatory EHR Market
Major key players that operate in the Ambulatory EHR Market are Epic Systems Corporation, Cerner Corporation, Allscripts Healthcare Solutions, Inc, and Medical Information Technology, Inc
Loading Table Of Content...