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Global Electronic Health Records Market Share & Trends Expected to Reach USD 40 Billion by 2026: Facts & Factors

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New York, NY, June 01, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Electronic Health Records Market Size, Share & Trends Analysis Report By Product (Client-Server-Based, And Web-Based), By Type (Post-Acute, Ambulatory, and Acute), By End User (Ambulatory Care, Hospitals), By Business Models (Licensed Software, Technology Resale, Subscriptions, Professional Services, and Others): Global and Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026”.

“According to the recent research report, the demand of global Electronic Health Records Market size & share expected to reach to USD 39.9 Billion by 2026 from USD 29.1 Billion in 2020, at a compound annual growth rate (CAGR) of 5.4% during the forecast period 2021 to 2026”.

Global Electronic Health Records Market: Overview

An electronic health record is a computerized replica of a patient’s paper chart (EHR). It incorporates medical data collected for treatment and diagnosis by and for physicians in clinics, physician offices, and hospitals. EHR systems aid in expanding patient data accessibility, hence improving the overall productivity and efficiency of patient care. Electronic health records also allow for real-time communication between healthcare professionals such as labs and experts.

Request Your Free Sample Report of Global Electronic Health Records Market @ https://www.fnfresearch.com/sample/electronic-health-records-market  

(The free sample of this report is readily available on request).

Our Free Sample Report Includes:

  • 2020 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 195+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of table & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Industry Major Market Players

  • Cerner Corp.
  • Epic Systems Corp.
  • Allscripts Healthcare
  • LLC
  • GE Healthcare
  • NextGen Healthcare Inc.
  • HMS
  • DXC Technology Company
  • CPSI
  • AdvancedMD Inc.
  • eClinicalWorks
  • Medical Information Technology Inc.
  • Greenway Health
  • LLC
  • CureMD Healthcare
  • McKesson Corp

To know an additional revised list of 2020-2021 top market players, request a sample report: https://www.fnfresearch.com/sample/electronic-health-records-market        

Key questions answered in this report:

  • What is the projected market size & growth rate of the Electronic Health Records Market?
  • What are the key driving factors for the growth of the Electronic Health Records Market?
  • What are the top players operative in Electronic Health Records Market?
  • What segments are covered in Electronic Health Records Market?
  • How can I get free sample report/company profiles of the Electronic Health Records Market?

Market Dynamics

As the healthcare business moves toward digitization, electronic health record (EHR) systems are becoming more widespread. Many government initiatives, including encouraging physicians to use electronic health records, investing in training healthcare information technology professionals, and building regional extension centers to provide technical and other help, are fueling the expansion of the EHR sector. The company’s rapid success can also be attributed to its simple installation method, which eliminates the need for experts to work with sophisticated infrastructure to host data. All of these tasks may be readily completed via the Internet, which eliminates the need for IT help and reduces additional costs. The increasing acceptance of new technologies to meet expanding client demand is credited with the market’s rise. Medical practitioners’ interactions with EHR are improved by speech-recognition software with natural language processing. It allows for better patient engagement while reducing the number of time experts spend on paperwork. In addition, incorporating artificial intelligence (AI) to predict EHR-based clinical outcomes has aided in improving the patient experience through better care delivery. In addition to these developments, the market expansion will be aided by supportive government initiatives and financing in the field.

Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/electronic-health-records-market

COVID-19 Impact on the Global Electronic Health Records Market

During the coronavirus outbreak, electronic health records proved to be an effective tool for population health and data management. The community has backed government initiatives to gather and analyze COVID-19 population data, as well as individual electronic health records maintained by healthcare organizations. The industry will see significant development as more attempts to utilize digital platforms for pandemic management emerge, as well as ongoing usage of digital technology in the future.

Furthermore, companies like Allscripts saw delays in upfront software revenue and professional services implementations throughout their outpatient and inpatient bases. In recent years, new expansion activities, product approvals, product launches, collaborations, and acquisitions have all had a favorable impact on the market. Furthermore, due to increasing digitalization, there has been a considerable increase in demand for electronic health records, which is supporting market expansion. Market expansion is expected to be fueled by rising demand for healthcare administration centralization and streamlining. A value-based paradigm drives the centralization of health information management, which strives to streamline operations, standardize processes, save costs, and improve the quality of service that leads to patient satisfaction.

Request for Post COVID-19 Business Impact Analysis Report @ https://www.fnfresearch.com/sample/electronic-health-records-market

Key Segments: Electronic Health Records Market

Based on end-users, the market can be segmented into ambulatory care and hospitals. In 2020, the hospital sector had the biggest market share of more than 61 percent, and this dominance is expected to continue throughout the forecast period. The vast amount of medical data created in hospitals is to blame for the increase. However, from 2021 to 2026, the ambulatory end-use category is expected to grow at the quickest rate. Patients and healthcare providers benefit from the convenience of ambulatory care centers. In terms of business models, the industry is bifurcated into licensed software, technology resale, subscriptions, professional services, and others. In 2020, the professional services category led the market with a share of approximately 30.0 percent. The segment will be driven by the growing need for professional services such as clinical process optimization, project management, regulatory consultation, technical & application knowledge, and training of a workforce to aid in the design and implementation of systems.

Request Customized Copy of Report @ https://www.fnfresearch.com/customization/electronic-health-records-market

(We customize your report according to your research need. Ask our sales team for report customization.)

North America Region Dominates the Global Electronic Health Records Market

In 2020, North America had accounted for the highest market revenue. Due to laws that encourage HER usage and the availability of well-established infrastructure with high digital literacy, the area will continue to dominate even over the foreseeable years. The federal government presented the Federal Health IT Strategic Plan 2020-2025 in May 2020, which requires healthcare providers to use EHR meaningfully.

During the projection period, Asia Pacific is expected to be the fastest-growing regional market. This expansion can be linked to the rising demand for high-quality standards and services, which is fueling the region’s digitalization of healthcare. The Chinese Ministry of Health has developed an action plan for the use of e-health services across the country, which covers a wide range of medical services, insurance plans, and the deployment of electronic record systems to facilitate data sharing across the national healthcare system.

Browse the full report “Electronic Health Records Market Size, Share & Trends Analysis Report By Product (Client-Server-Based, And Web-Based), By Type (Post-Acute, Ambulatory, and Acute), By End User (Ambulatory Care, Hospitals), By Business Models (Licensed Software, Technology Resale, Subscriptions, Professional Services, and Others): Global and Regional Industry Perspective, Comprehensive Analysis, and Forecasts, 2021 – 2026” report at https://www.fnfresearch.com/electronic-health-records-market

The global electronic health records market is segmented as follows:

By Product:

  • Client-server-based
  • Web-based

By Type:

  • Acute
  • Ambulatory
  • Post-acute

By End User:

  • Hospitals
  • Ambulatory Care

By Business Models:

  • Licensed Software
  • Technology Resale
  • Subscriptions
  • Professional Services
  • Others

Key Highlights of this Report:

  • Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
  • Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
  • Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
  • Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
  • Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
  • Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data

For media inquiry, mail to: [email protected]

About Facts & Factors (FnF Research):

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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Artificial Intelligence

Department of Health – Abu Dhabi Unveils ‘Declaration of Principles’ on Bioconvergence to Enhance Global Healthcare Outcomes

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ABU DHABI, UAE, May 13, 2024 /PRNewswire/ — An an outcome of the Health Leaders Forum (HLF) organised during Abu Dhabi Global Healthcare Week (ADGHW), the Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, unveiled a Declaration of Principles on Bioconvergence, to transform healthcare, improve human health and well-being. As a first-of-its-kind initiative, the Declaration outlines global principles covering guidance on transparency, accountability, and bias mitigation, as well as research ethics and ethical decision-making in the field of Bioconvergence.

Bioconvergence has been recognised as the latest technological trend of the 21st century for the healthcare sector. It is a transdisciplinary field that merges engineering and life sciences, and is set to revolutionise the health-tech industry. Bioconvergence fuses life sciences with a vast number of technologies from fields such as mathematics, engineering, and physical and computational sciences.
The Declaration of Principles will witness leading local and global entities collaborate with DoH including Amazon, Microsoft, UAE University (UAEU), Mohammad Bin Zayed University for AI (MBZUAI), Core 42 and Masdar City. Segmented into six strategic pillars, the principles aim to advance Bioconvergence research and development, encourage investment in the field to address urgent healthcare challenges, establish international cooperation frameworks, prioritise research areas in public health and personalised medicine, and promote the adoption of advanced technologies such as Artificial Intelligence (AI) and nanomedicine.
Dr. Asma Ibrahim Al Mannaei, the Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi (DoH): “In the intricacies of Bioconvergence, establishing fundamental principles is not merely a choice, but a collective responsibility. These principles serve as a beacon of transparency, guardians of accountability and shields against any form of bias. With the ever-evolving intersection of health and technology, integrity and diligence remain guiding threads for the Department of Health – Abu Dhabi. Reinforcing Abu Dhabi’s position as a leading destination for innovation in healthcare, the unique Declaration serves as a testament to the Department’s continued efforts to build a healthier world and shape the future of healthcare for generations to come.”
Moreover, upholding ethical standards and responsible practices involve raising awareness on the benefits and risks of Bioconvergence technologies, establishing ethical guidelines, and ensuring accessibility and affordability for all. Investment in education and workforce development entails supporting skill development, integrating Bioconvergence into relevant curricula, fostering interdisciplinary collaboration, and promoting diversity in the field.
Additionally, fostering collaboration and the exchange of knowledge among stakeholders, advocating for supportive policies and regulations, and engaging the community through awareness campaigns and transparent communication are crucial steps in advancing Bioconvergence research and innovation while maintaining community’s trust and support. These key pillars will support accelerating the future of healthcare and life sciences by making quality health a global priority.
Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, Abu Dhabi Global Healthcare Week is a major government initiative taking place between 13 and 15 May 2024. ADGHW seeks to accelerate collaboration, innovation, and investment, and bring together researchers, policymakers, healthcare specialists, investors, and entrepreneurs across the global healthcare and life science ecosystem.
For more information please visit: https://www.adghw.com/
About Department of Health – Abu Dhabi (DoH):
The DoH is the regulatory body of the healthcare sector at the Emirate of Abu Dhabi and ensures excellence in healthcare by monitoring the health status of the population. DoH defines the strategy for the health system, monitors and analyses the health status of the population and performance of the system. In addition, DoH shapes the regulatory framework for the health system, inspects against regulations, enforce standards, and encourages adoption of world-class best practices and performance targets by all healthcare service providers in the Emirate. DoH also drives programmes to increase awareness and adoption of healthy living standards among the residents of the Emirate of Abu Dhabi in addition to regulating scope of services, premiums and reimbursement rates of the health system.
For further information on DoH, visit https://www.doh.gov.ae/ and follow on X, Instagram, Facebook, LinkedIn and YouTube.
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Artificial Intelligence

Advanced HPC Server Platforms by MiTAC and TYAN Spotlighted at ISC High Performance 2024

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HAMBURG, Germany, May 13, 2024 /PRNewswire/ — Today, the subsidiary of MiTAC Holdings Corp.(TSE:3706), MiTAC Computing Technology and its server brand TYAN®, the leading manufacturer in server platform design worldwide, bring their new server platforms to the ISC 2024 event, booth #B01 in Hamburg, Germany. These solutions harness the power of the latest AMD EPYC 9004 series and AMD Ryzen 7000 series, along with the 5th Gen Intel Xeon Scalable Processors, offering optimized performance for HPC needs.

MiTAC introduces its revolutionary lineup of DSG products
Driven by shared values, MiTAC and Intel have had a strong partnership for years. Last year, MiTAC took over the manufacturing and sales of products designed by Intel Datacenter Solution Group (DSG). Today, MiTAC presents two models from its DSG product lineups, which are from the Intel Server M50FCP Family and the Intel Server D50DNP Family, at ISC 2024.
First, MiTAC displays a multi-node server, the Intel Server System D50DNP1MHEVAC 1U Half-Width air-cooled compute module with EVAC heatsink from the Intel Server D50DNP Family (Denali Pass). Intel® Server D50DNP family is the highest-performance density server featuring 5th/4th Gen Intel® Xeon® Scalable Processors or the Intel® Xeon® CPU Max Series and purpose-built modules, delivering robust performance, efficiency, and scalability tailored to specific needs for AI computing.
Then, there is the 1U Intel Server System M50FCP1UR204 from the Intel Server M50FCP Family (Fox Creek Pass). Supporting 5th/4th Gen Intel® Xeon® Scalable processors, the general purpose Intel® Server M50FCP Family offers robust compute capabilities, integrated accelerators, and exceptional I/O and memory bandwidth, making it the perfect solution for handling data-intensive mainstream tasks.
TYAN brings HPC optimized servers at ISC 2024
The Transport CX TD76-B8058 is a 2U 4-node single-socket HCI server powered by AMD EPYC 9004 processors. Each node includes 16 DDR5-4800 DIMM slots, 4 hot-swappable E1.s drive bays, 2 NVMe M.2 slots, 1 OCP v3.0 LAN mezzanine slot, and 1 standard PCIe 5.0 x16 slot. Front I/O facilitates efficient network cable routing, while rear-accessible hot-swappable cooling fans and redundant 80+ Titanium power supplies ensure optimal system serviceability.  Powered by 5th/4th Gen Intel Xeon Scalable processor, TYAN Thunder CX TD76-B5658 is a 2U 4 nodes single-socket server designed for high-density cloud server deployment. It comes with shared system fans, redundant 80+ Titanium power supplies, and hot-swappable modules for simple maintenance. Additionally, it offers front I/O for effortless network cable management, and each node supports PCIe 5.0 x16, OCP v3.0 LAN mezzanine, and NVMe E1.s SSDs.
Apart from the above, TYAN provides the Transport CX GX40-B8016 for those requiring entry-level servers. This compact 1U AMD Ryzen cloud server is perfect for front-end portal and edge computing tasks in data centers. It features 4 DDR5-4800 UDIMM slots, supports up to 4 SATA drives, 2 NVMe M.2 slots, and one PCIe 5.0 x16 slot.
About MiTAC Computing Technology Corp.
MiTAC Computing Technology Corp, a MiTAC Holdings Corp. (TSE:3706) subsidiary, specializes in cloud and edge computing solutions and has over 30 years of design and manufacturing expertise. With a strong focus on large-scale data centers, the company offers flexible and customized supply models for various systems and applications. Its product lineup includes TYAN servers, 5G ORAN servers, high-performance AI servers, and data center products. Intel Datacenter Solutions Group (DSG) transited its business to MiTAC since July 2023, allowing MiTAC expanding its product offerings with cutting-edge total cost of ownership solutions for next-gen data center equipment.
MiTAC Computing Technology Official website: www.mitacmct.com
MiTAC DSG website: https://datacentersolutions.mitacmct.com/
About TYAN
TYAN, as a leading server brand of MiTAC Computing Technology Corporation under the MiTAC Holdings Corp. (TSE:3706), designs, manufactures and markets advanced x86 and x86-64 server/workstation board technology, platforms and server solution products. Its products are sold to OEMs, VARs, System Integrators and Resellers worldwide for a wide range of applications. TYAN enables its customers to be technology leaders by providing scalable, highly-integrated, and reliable products for a wide range of applications such as server appliances and solutions for HPC, hyper-scale/data center, server storage, AI and security appliance markets. For more information, please visit TYAN’s website at http://www.tyan.com or MiTAC Computing Technology Corporation website at http://www.mitacmct.com
AMD, the AMD Arrow logo, EPYC, Ryzen and combinations thereof are trademarks of Advanced Micro Devices, Inc.
Intel, the Intel logo, Xeon and combinations thereof are trademarks of Intel Corporation
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Artificial Intelligence

Department of Health – Abu Dhabi partners with MBZUAI and Core42 to launch Global AI Healthcare Academy

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ABU DHABI, UAE, May 13, 2024 /PRNewswire/ — The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the Emirate, signed a Memorandum of Understanding (MoU) with Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), the leading AI research-based academic institution located in Abu Dhabi, and Core42, a G42 company offering AI solutions, during Abu Dhabi Global Healthcare Week (ADGHW). This MoU will launch the global AI Healthcare Academy to the health workforce. The MoU was signed by Dr. Rashed Obaid Al Suwaidi, Executive Director of Healthcare Workforce Planning Sector at DoH, Sultan Al Hajji, Vice President of Public Affairs and Alumni Relations at MBZUAI and Talal Al Kaissi, Executive Vice President, Chief Product and Global Partnership Officer at Core42.

 
 
Reinforcing Abu Dhabi’s position as a leading destination for healthcare and life sciences, the partnership seeks to establish a framework of collaboration to strengthen the Emirate’s position at the forefront of technology-enabled and data-driven healthcare systems. The new AI Healthcare Academy will help to build a global AI-trained workforce, which is capable of advancing diagnostic and operational efficiency, significantly improving patient care, and streamlining healthcare processes around the world.
Sultan Al Hajji, Vice President of Public Affairs and Alumni Relations at MBZUAI, said: “Healthcare is a key research pillar for MBZUAI, because we recognise the transformative and life-saving potential of AI across a wide range of diagnostic and treatment areas. In addition to our recent effort in establishing the Institute of Digital Public Health, we are proud to partner with The Department of Health – Abu Dhabi in launching the new AI Healthcare Academy. MBZUAI will provide the Academy our world-class faculty to facilitate AI workshops and training to upskill the healthcare workforce in support of the UAE leadership’s vision to become a global hub for AI and a centre for life sciences.”
Through leveraging advanced technologies and harnessing the power of AI, DoH seeks to upskill the health workforce, enhance local practices and contribute to broader medical research and treatment modalities worldwide. By embracing AI-driven technologies, healthcare professionals can stay at the forefront of innovation, fostering collaboration and knowledge exchange on a global scale.
By collaborating with MBZUAI through its Institute of Digital Public Health, the Academy will encompass ground-breaking research. These efforts will encourage public-private partnerships, fostering collaboration to secure ample funding and ensure ongoing sustainability, setting the academy for long-term success and supporting responsible and impactful innovation.
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, Abu Dhabi Global Healthcare Week (ADGHW) is a major government initiative from DoH, taking place between 13 and 15 May 2024.
For more information please visit: https://www.adghw.com/
About Department of Health – Abu Dhabi (DoH):
The DoH is the regulatory body of the healthcare sector at the Emirate of Abu Dhabi and ensures excellence in healthcare by monitoring the health status of the population. DoH defines the strategy for the health system, monitors and analyses the health status of the population and performance of the system. In addition, DoH shapes the regulatory framework for the health system, inspects against regulations, enforce standards, and encourages adoption of world-class best practices and performance targets by all healthcare service providers in the Emirate. DoH also drives programmes to increase awareness and adoption of healthy living standards among the residents of the Emirate of Abu Dhabi in addition to regulating scope of services, premiums and reimbursement rates of the health system.
For further information on DoH, visit https://www.doh.gov.ae/ and follow on X, Instagram, Facebook, LinkedIn and YouTube.
About Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)
MBZUAI is a graduate, research university focused on artificial intelligence, computer science, and digital technologies across industrial sectors. The university aims to empower students, businesses, and governments to advance artificial intelligence as a global force for positive progress. MBZUAI offers various graduate programs designed to pursue advanced, specialized knowledge and skills in artificial intelligence, including computer science, computer vision, machine learning, natural language processing, and robotics. For more information, please visit www.mbzuai.ac.ae.
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