Demand for Electronic Health Records to Grow in Asia-Pacific in Near Future
by Vijay K. Web MarketingAccording to a research conducted by
P&S Intelligence, the global electronic
health record market is predicted to reach a value of $30.4 billion
by 2023, increasing from $22.3 billion in 2017, progressing at a 5.4% CAGR
during the forecast period (2018–2023). The market is being driven by the
growing demand for streamlining and centralization of healthcare
administration, rising government initiatives, increasing need for innovative
healthcare administration, and benefits of EHR in tracking adverse drug events
and epidemiology studies. On the basis of delivery mode, the market is divided
into web/cloud-based and on-premise.
Download sample copy of this report: https://www.psmarketresearch.com/market-analysis/electronic-medical-records-market/report-sample
Between these two, the web/cloud-based division held the larger share of the EHR market in 2017, which can be ascribed to the increasing focus of insurance companies and healthcare providers on the worldwide accessibility of patients’ health records. In addition to this, web/cloud-based solutions are more efficient, in terms of cost, as compared to on-premise solutions. In terms of component, the market is categorized into population health management, practice management, referral management, patient management, and e-prescription, among which, the market was dominated by the practice management category in 2017.Sponsor Ads
Created on Oct 12th 2020 01:16. Viewed 300 times.