The latest market evaluation report on the Ambulatory EHR market explores how the Ambulatory EHR market will continue to expand for the forecast period 2020 – 2027.The market intelligence report gives business evangelists an authority to review the major trends, opportunities, and challenges expected to shape the future of the industry during the estimated period. Importantly, the study not only helps spot the major vendors but also their winning strategies.The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.
Increasing need to reduce operational costs in the healthcare industry and rising government initiatives to implement EHR solutions in healthcare facilities are driving the ambulatory EHR market.
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Due to the growing need to minimize operating costs in the healthcare sector, the global ambulatory EHR market is expected to expand significantly during the forecast period. Increasing government efforts to introduce EHR systems in healthcare organizations are projected to promote growth of the global ambulatory EHR market in the near future. Moreover, rising government initiatives for maintaining and improving platforms for patient health records are anticipated to boost the global ambulatory EHR market further during the forecast period.
During the forecast period, high cost of development of ambulatory EHR systems are expected to impede the global ambulatory EHR market to a certain extent.
The cloud-based segment is expected to dominate the market, expanding at a CAGR of 5.5% during the forecast period. The cloud-based ambulatory EHR solution offers advantages such as seamless installation, cost-effective deployment, reduction in IT requirements, comprehensive cooperation between healthcare professionals and patients, and excessive interoperability. This is anticipated to boost the segment in the near future.
Due to the ability of large practices to address quality issues of electronic health records, the large practice segment is projected to lead the market during the forecast period. In addition, increasing capital spending is another driver of the segment.
The practice management segment is expected to retain the largest market share during the forecast period. Application of practice management enables improvement in the management of clinical practices by expanding efficiency of the practice and lowering costs. In addition, advantages such as reduction in transcription costs and improved approaches to documenting are likely to drive the segment during the forecast period.
During the forecast period, the hospital-owned ambulatory centers segment is expected to lead the market. Increasing government funding for implementation of EHR solutions in healthcare facilities is expected to fuel the segment during the forecast period.
During the forecast period, North America is projected to lead the global market. Growing rate of adoption of EHR solutions and rising expenditure on healthcare in the region are key drivers of the market in North America.
Key market participants include Modernizing Medicine, Inc., CureMD Healthcare Corporation, Epic Systems Corporation, McKesson Corporation, Greenway Health, LLC, Cerner Corporation, Allscripts Healthcare Solutions, Inc., Medical Information Technology, Incorporated, MTBC, Inc., Computer Programs, and Systems, Inc.
Radical Highlights of the Ambulatory EHR Market Report:
Comprehensive overview of the Ambulatory EHR market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Ambulatory EHR market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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Emergen Research has segmented the global ambulatory EHR market on the basis of deployment, practice size, application, end-use, and region.
Deployment Outlook (Revenue, USD Billion; 2017–2027)
Practice Size Outlook (Revenue, USD Billion; 2017–2027)
- Solo Practices
- Large Practices
- Small-medium-sized Practices
Application Outlook (Revenue, USD Billion; 2017–2027)
- Health Analytics
- Practice Management
- Referral Management
- Patient Management
- Decision Support
- Population Health Management
End-use Outlook (Revenue, USD Billion; 2017–2027)
- Independent Centers
- Hospital-owned Ambulatory Centers
Regional Outlook (Revenue, USD Billion; 2017–2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
Read More: https://www.emergenresearch.com/industry-report/ambulatory-ehr-market
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