Ambulatory EHR Market to reach 5.2 Billion USD by 2021

LONDON, May 15, 2017 /PRNewswire/ -- Highlights

•         The global ambulatory EHR market is expected to reach USD 5.20 billion by 2021 from USD 3.92 billion in 2016, at a CAGR of 5.8% in the next five years (2016 to 2021).

•         The ambulatory EHR market is undergoing a significant transformation, with the changing landscapes of the HCIT industry.

•         The key factors propelling the growth of the global ambulatory EHR market are government support for the adoption of HCIT

•         In 2016, North America accounted for the largest share of the global ambulatory EHR market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW).

The global ambulatory EHR market is expected to reach USD 5.20 billion by 2021 from USD 3.92 billion in 2016, at a CAGR of 5.8% in the next five years (2016 to 2021).

The ambulatory EHR market is undergoing a significant transformation, with the changing landscapes of the HCIT industry.

The key factors propelling the growth of the global ambulatory EHR market are government support for the adoption of HCIT, growing usage of EHR solutions, and the need to curtail healthcare costs. On the other hand, heavy infrastructure investments and the high cost of deployment are limiting the growth of the global ambulatory EHR market to a certain extent.

In 2016, North America accounted for the largest share of the global ambulatory EHR market, followed by Europe, Asia-Pacific, and the Rest of the World (RoW). Factors such as collaborations between stakeholders, the need to curtail escalating healthcare costs in the U.S., digital health measures, and continuous support in the form of grants in Canada have contributed to the large share of North America in the ambulatory EHR market. Asia-Pacific is projected to have the highest growth rate in the forecast period. Factors such as Japans favorable outlook for HCIT, investments and reforms to modernize Chinas healthcare infrastructure, digital healthcare scenario in India, and the implementation of e-Health in Australia are likely to boost market growth in the region.

The market witnesses high competitive intensity, as there are several big and many small firms with similar product offerings. These companies adopt various strategies (new product launches; expansions; and agreements, collaborations, and partnerships) to increase their market shares and establish a strong foothold in the global market.

In-depth interviews were conducted with CEOs, Sales and Marketing Directors, other innovation and technology directors, and executives from various key organizations operating in the ambulatory EHR marketplace

- By Company Type: Tier 1: 50%, Tier 2: 42%, Tier 3: 8%

- By Designation: Director Level: 58%, C-level: 25%, Others: 17%

- By Region: North America: 51.9%, Europe: 32.6%, APAC: 10.5%, RoW: 5.0%

The major market players in the ambulatory EHR market include Cerner Corporation (U.S.), McKesson Corporation (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), Epic Systems Corporation (U.S.), eClinicalWorks (U.S.), athenahealth, Inc. (U.S.), NextGen Healthcare Information Systems, LLC (U.S.), eMDs, Inc. (U.S.), Practice Fusion, Inc. (U.S.), Amazing Charts, LLC (U.S.), GE Healthcare (U.S.), and Greenway Health, LLC (U.S.).

Research Coverage:

The report provides an overall understanding of the market. In this report, the market is segmented on the basis of application, delivery mode, practice size, end user, and region. Based on application, the market is divided into practice management, patient management, e-prescribing, referral management, population health management, decision support, and health analytics.

Based on delivery mode, the market is segmented into cloud-based solutions and on-premises solutions. Based on practice size, the market is categorized into large practices, small-to-medium practices, and solo practices. The end-user segment includes hospital-owned ambulatory centers and independent centers. The regional segments included in this report are North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn helps firms to garner a greater market share. Firms purchasing the report could use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.

The report provides insights on the following pointers:

 Market Penetration: Comprehensive information on the products and services offered by top players in the ambulatory EHR market.

 Product Development/Innovation: Detailed insights on upcoming products, research and development activities, and new product launches in the ambulatory EHR market

 Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for ambulatory EHR devices across regions

 Market Diversification: Exhaustive information about new products, untapped regions, recent developments, and investments in the ambulatory EHR market

 Competitive Assessment: In-depth assessment of market shares, strategies, products, and distribution networks of the leading players in the ambulatory EHR market

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