Published on : Apr 12, 2016
Electronic health record (EHR) system is an electronic method of maintaining healthcare records of patients that are gathered during clinical checkups. These systems allow the user to store wide range of data that is inclusive of the medical history of the patient, prescribed medication, diagnostic images, laboratory test results, and demographics.
Smaller Practices to Use Electronic Health Record Systems in Near Future
Historical data indicates that electronic health record systems were adopted only by medium to large-sized hospitals due to big budgets. However, between 2015 and 2023, electronic health record systems will be adopted by small-sized firms as well.
Components of Global Electronic Health Record Systems Market
The global electronic health records market is segmented on the basis of installation, end user, and geography. On the basis of installation, this market is segmented into client server based, software as services, and web based. The end users of electronic health records are physician’s offices, hospitals, and ambulatory centers. Geographically, this market is segmented into Europe, North America, Asia Pacific, Latin America, and Rest of the World.
Adoption of Electronic Health Record Systems to Drive Overall Market
Benefits of using electronic health record systems and financial incentives offered by governments of several countries two of the major factors driving the overall market. Some of the advantages of EHR systems are up–to-date and accurate patient information, drastically reduced cost of healthcare in long term, quick and easy access to patient’s data, elimination of medical errors, improved patient participation, and enhanced efficiency of healthcare providers.
Government Initiatives to Augment Global Electronic Health Record Systems Market
Over the years, these advantages have coaxed healthcare providers to adopt these systems, which has augmented the global electronic health record systems market. Between 2014 and 2020 as governments in developed countries will encourage adoption of these systems, it will drive the market to newer heights of success.