Global Ambulatory EHR Market Size, Trends, and Analysis - Forecasts To 2026 By Delivery Mode (Cloud-Based Solutions. On-Premise Solutions), By Application (Practice Management, Patient Management, Health Analytics, E-Prescribing, Decision Support, Referral Management, Patient Management, Population Health Management), By Practices Size (Large Practices, Small-To-Medium-Sized Practices, Solo Practices), By End User (Independent Centers, Hospital Owned Ambulatory Centers), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa), End-User Landscape, Company Market Share Analysis & Competitor Analysis
Ambulatory EHR Market: Insights
The designated electronic health record software for the small practices and outpatient care facilities is termed as the ambulatory EHR. The invasion of small EHR vendors in the market has helped boost the market growth. The ambulatory EHR is more patient-centric and gives patients a sense of security and increased attention leading to higher adoption of the ambulatory EHR products in the medical care facilities. The continuous efforts to reduce the healthcare facility’s costs and the need for timely execution of appointments increases the need for ambulatory EHR in the market.
Ambulatory EHR Market: By Delivery Mode
Based on the delivery mode, the market contains cloud-based solutions and on-premise solutions. The cloud-based solutions would have high visibility in the market owing to the benefits offered by the cloud-based solutions. It is easy to implementcloud solutions, there is easy accessibility, and enables easy collaborations and mergers among different market players.
Ambulatory EHR Market: By Application
Based on the application, the market considers health analytics, decision support, E-prescribing, and practice management into being. Thehealthcare analytics domain will have the largest market penetration in the aforementioned period.The many benefits offered by the health analytics drive the segment demand and benefit the providers as well as patients.
Ambulatory EHR Market: By Practices
Based on the practice, the market is divided into small-to-medium-sized, large, and solo practices segments. The small-to-medium-sized enterprises'segment will emerge as the fastest-growing section in the market. The necessary regulatory compliance and need for reducing healthcare costs have pushed the small practices to opt for a variety of EHR product range.
Ambulatory EHR Market: By End User
Given the end-user, the market is segmented intohospital-owned ambulatory centers and independent centers. The Independent centers would have a significant market value attributed to certain drivers. The invasion of technological advancements and better increasing patients and physicians’ satisfaction associated with the ambulatory centers lead to the growth of the independent centers in the market. The cost-effective model of ambulatory EHR also shapes the segment’s demand in the market space.
Ambulatory EHR Market: By Region
Based on the regional study, North America will emerge as a dominant player but the Asia Pacific will have a significant growth in this market. The rising geriatric population and rising number of ambulatory surgery centers in Asian countriesare projected to lead to better market opportunities in this region.
Ambulatory EHR Market:Share & Competitor Analysis
Key players operating in the market include are NextGen Healthcare, Allscripts, Athena Health, eclinical Works, Meditech, Cerner, Epic, MedHost, Modernizing Medicine, GE Healthcare, and Greenway Health among others.
Please note: This is not an exhaustive list of companies profiled in the report.
In November 2019,MedFusion was acquired by NextGen Healthcare to increase the patients’ satisfaction and experience by offering a robust product portfolio.
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The Global Ambulatory EHR Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Ambulatory EHR Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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