According to Business Intelligence, the EHR market will reach over 38.3 billion USD by 2025. There is a growing investment and funding for EHR and support for research from the health information exchange organization (HIO). Healthcare professionals are recognizing the importance of implementing EHR and it will continue to rapidly grow throughout the years.
In Canada, their EHR market accounted for over 1,114.0 million USD in 2018 and Australia’s EHR market is predicted to grow more than 8.5% in a couple of years. Both counties have an increase investment on healthcare information technology. In Australia, the government and healthcare facilities are working together to have initiatives to aid in the expansion. Many counties are working together to move from local to national implementation of EHR to improve patient care.
Key players in the EHR market are: Epic, Cerner, eClinicalWorks, Allscripts Healthcare Solutions, Inc. and NextGen Healthcare.
What are your thoughts on the future of EHR?
This article was created by Stephanie Sok, Business Researcher, Global Healthcare IT, Inc. and the following base line articles: For more on each please click on the link.
Stephanie can be reached on ssok@globalhit.com.
