Industries - Electronic Medical Records Market Analysis by Product (Web-Based, Client-Server Based), by Type (Acute, Post-Acute, Ambulatory), by End User, and by Region – Forecast to 2026

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Electronic Medical Records Market Analysis by Product (Web-Based, Client-Server Based), by Type (Acute, Post-Acute, Ambulatory), by End User, and by Region – Forecast to 2026
July 2021

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Electronic Medical Records Market Analysis by Product (Web-Based, Client-Server Based), by Type (Acute, Post-Acute, Ambulatory), by End User, and by Region - Forecast to 2026

Published: July-21 | Historical Data: 2018-2020 | Base Year: 2020
SKU: ICI-HC-1133 | Number of Pages: 139 | Category: Healthcare IT

The global electronic medical records market size is projected to reach USD 39.2 billion by 2026, exhibiting a compounded annual growth rate (CAGR) of 4.7% during the forecast period 2020-2026.

Electronic medical records, or EMRs, are the digital equivalents of paper records or charts at a doctor’s office. EMRs often contain general information about a patient, such as therapy and medical history, as collected by the medical practise. Patient data can be tracked over a long period of time by multiple healthcare professionals using EMR. It assists in identifying patients who need preventive exams and screenings, as well as keep track of how each patient is doing on with vaccines and blood pressure readings. EMRs are intended to assist organisations in providing more efficient and precise care. EMR records are universal, which means that a patient has only one electronic chart accessed by any healthcare practitioner using EMR software instead of having multiple charts.

Rising government support for adoption of IT technology in healthcare sector is a key driver for the growth of the global electronic medical records market. Additionally, increase in demand for advanced healthcare services, rise in remote consultation due to outbreak of Covid-19 pandemic, and growing demand for effective treatment options are some of the other drivers propelling the market growth. Electronic medical record (EMR) systems have been adopted by many healthcare organisations (HCOs) around the world. For instance, according to Healthcare Information and Management Systems Society, more than 85 percent of hospitals in the U.S. and European Union (EU) countries have implemented EMR systems. However, sluggish adoption of EMR in developing economies and expensive technology integration are expected to restrain the global market growth.

Electronic Medical Records Market

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Market Driver Analysis

Rising government support for adoption of IT technology in healthcare sector

Increase in the support from government bodies for adoption of IT technology in the healthcare sector is likely to drive the growth of electronic medical records market. Furthermore, Covid-19 pandemic has expedited the adoption of digital technologies by health and human services, with many countries showing highest adoption rates. Furthermore, Artificial intelligence (AI) can extract insights from patient data to give better treatment owing to a government-led campaign to convince health care professionals to embrace electronic medical records. Owing to these advancements, the need of EMRs is increasing globally which is propelling the governments to adopt advanced technologies for efficient patient care.

Rise in remote consultation due to outbreak of covid19 pandemic leading to rise in demand for EMRs.

The use of remote consultations by phone and video increased drastically during the COVID-19 pandemic. Remote consultations were crucial in supporting non-severe patients, lowering the demand for inpatient care, and ensuring access to regular therapies. The ability to track teleconsultations and retrieve patient information from electronic medical records allowed for a quick reaction during the pandemic. According to a study conducted in the U.S., phone conversations and electronic health records (EHR) can help with screening and treatment of patients without the need for in-person visits, as well as improve decision-making among healthcare teams in ambulatory and urgent care settings.

Market Segmentation and Share Analysis

By Product

Based on product, the market is segmented into web-based electronic medical records and client server-based electronic medical records. In 2020, the web-based electronic medical records segment accounted for the largest revenue share and is expected to show a fastest CAGR during the forecast period. This is attributed to the rising adoption of this technology among healthcare service providers and medical practitioners.

By Type

Based on type, the market is categorized into acute, post-acute, and ambulatory. In 2020, the acute EMR segment accounted for the largest revenue share due to increasing government support for integration of IT enabled healthcare data management solutions. The post-acute electronic medical records segment is anticipated to grow at the fastest CAGR during the forecast period, due to the increasing investment in post-acute care services.

By End User

Based on end user, the market is categorized into hospitals & clinics, ambulatory service centres, clinical & diagnostic laboratories, pharmacy, and others. The hospitals segment accounted for the highest revenue in 2020 and is projected to maintain its dominance over the forecast period. The rising investment in advanced management solutions at hospitals is a key factor that drives the segment growth. The ambulatory service centres segment is anticipated to grow at the fastest CAGR during the forecast period owing to rise in number of ambulatory services globally.

Regional Insights

In 2020, North America accounted for the highest revenue share in the global market. This is attributed to the presence of leading medical software companies, advanced healthcare infrastructure, and high investments in infrastructure in this region. For instance, the federal government in the U.S. presented the Federal Health IT Strategic Plan 2020-2025 in May 2020, which requires healthcare providers to use electronic medical records meaningfully and efficiently.

North America Electronic Medical Records Market Size (2018-2026), USD Billion

North America Electronic Medical Records Market Size (2018-2026), USD Billion

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Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the strengthening healthcare sector, escalating demand for advanced healthcare data management, and growing focus of government in healthcare services in this region. For instance, 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 EMR systems to facilitate data sharing across the national healthcare system.

Competitor Insights

Some of the key players in the electronic medical records market are Global Payments Inc. (U.S.); HMS Holdings Corp. (U.S.); Medical Information Technology, Incorporated (U.S.); eClinicalWorks (U.S.); NextGen Healthcare, Inc. (U.S.); Epic Systems Corporation (U.S.); McKesson Corporation (U.S.); Allscripts Healthcare Solutions, Inc. (U.S.); General Electric Company (U.S.); and Cerner Corporation (U.S.). The leading players operating in the electronic medical records industry are adopting various strategies including infrastructure investments, partnerships & collaborations, mergers & acquisitions, and regional expansions to capture a maximum revenue share.

Industry Developments

  • In June 2021, Cerner, Meditech Expanse, Allscripts, athenahealth, and DrChrono have collaborated with Apple to make data transmission smoother by enabling record sharing through the Apple Health app.
  • In October 2019, Northwell Health and Allscripts entered into a collaboration to develop a new Voice-Enabled, AI-Based EHR.

Research Scope and Segments

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2018 to 2026. The electronic medical records market report is categorized into the following segments and subsegments:

Electronic Medical Records Market, By Product (Revenue, USD Billion, 2018 – 2026)

  • Web-Based Electronic Medical Records
  • Client Server-Based Electronic Medical Records

Electronic Medical Records Market, By Type (Revenue, USD Billion, 2018 – 2026)

  • Acute
  • Post-Acute
  • Ambulatory

Electronic Medical Records Market, By End User (Revenue, USD Billion, 2018 – 2026)

  • Hospitals & Clinics
  • Ambulatory Service Centers
  • Clinical & Diagnostic Laboratories
  • Pharmacy
  • Others

Electronic Medical Records Market, By Region (Revenue, USD Billion, 2018 – 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Scope of Electronic Medical Records Market Report:

Key Parameters Details
Data Availability 2018-2026
Historical Years 2018-2020
Base Year Considered 2020
Forecast Period 2020-2026
Company Profiles 10
Companies Considered >40
Value Units Value in USD and CAGR in %
Market Segments Product, Type, and End User
Regional Coverage
  • North America (U.S. and Canada)
  • Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
  • Middle East & Africa (South Africa, Saudi Arabia, Rest of MEA)
Key Market Players
  • Global Payments Inc.
  • HMS Holdings Corp.
  • Medical Information Technology Incorporated
  • eClinicalWorks
  • NextGen Healthcare, Inc.
  • Epic Systems Corporation
  • McKesson Corporation
  • Allscripts Healthcare Solutions, Inc.
  • General Electric Company
  • Cerner Corporation
Custom Analysis Customization up to 60 analyst hours (15%)

Electronic Medical Records Market, By Product (Revenue, USD Billion, 2018 – 2026)

  • Web-Based Electronic Medical Records
  • Client Server-Based Electronic Medical Records

Electronic Medical Records Market, By Type (Revenue, USD Billion, 2018 – 2026)

  • Acute
  • Post-Acute
  • Ambulatory

Electronic Medical Records Market, By End User (Revenue, USD Billion, 2018 – 2026)

  • Hospitals & Clinics
  • Ambulatory Service Centers
  • Clinical & Diagnostic Laboratories
  • Pharmacy
  • Others

Electronic Medical Records Market, By Region (Revenue, USD Billion, 2018 – 2026)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA
1. Research Methodology
 1.1. Research Objective
 1.2. Study Scope: Market Segments
 1.3. Study Timeframe, Limitations & Currency
 1.4. Domain-Assisted Cognition (DAC) Framework
  1.4.1. Three-stage Research Methodology
   1.4.1.1. Understand Ecosystem
    1.4.1.1.1. Secondary Research
    1.4.1.1.2. Primary Research
    1.4.1.1.3. Internal Repository
   1.4.1.2. Synthesize Information
    1.4.1.2.1. Data Analysis
    1.4.1.2.2. Data Triangulation
   1.4.1.3. Predict/Project Growth
    1.4.1.3.1. Market Size Estimation
     1.4.1.3.1.1. Bottom-up Approach
     1.4.1.3.1.2. Top-down Approach
    1.4.1.3.2. Data Validation
  1.4.2. Two-stage Quality Check Mechanism
   1.4.2.1. Inspection & Reporting
   1.4.2.2. Quality Audit
2. Market Summary
 2.1. Market Definition & Market Landscape
 2.2. Market Segment Snapshot
 2.3. Geographic Market Snapshot
3. Market Dynamics
 3.1. Market Driver Analysis
  3.1.1. Government support for implementation of IT usage in healthcare sector
  3.1.2. Technological advancements in healthcare services
  3.1.3. Increasing need for streamlining and centralization healthcare administration
  3.1.4. Rising strategic approaches by industry players
 3.2. Market Restraint Analysis
  3.2.1. Sluggish adoption of EMR
  3.2.2. Expensive technology integration
 3.3. Market Opportunities
  3.3.1. Liberalization of government policies for development of healthcare sector
  3.3.2. Digital penetration in healthcare sector
4. Industry Outlook
 4.1. Key Market Trends
 4.2. Value Chain Analysis
 4.3. Porter’s 5 Forces Analysis
 4.4. Pricing Analysis (2018-2020)
 4.5. Product Benchmarking
5. Covid-19 Impact and Deviation Analysis
 5.1. Covid-19 Prevalence Analysis
 5.2. Key Market Trends
 5.3. Market Size Deviation Analysis (2020-2026)
6. Electronic Medical Records Market Size and Forecast, by Product (2018-2026), USD Million
 6.1. Web-Based Electronic Medical Records
 6.2. Client Server-Based Electronic Medical Records
7. Electronic Medical Records Market Size and Forecast, by Type (2018-2026), USD Million
 7.1. Acute
 7.2. Post-Acute
 7.3. Ambulatory
8. Electronic Medical Records Market Size and Forecast, by End User (2018-2026), USD Million
 8.1. Hospitals & Clinics
 8.2. Ambulatory Service Centers
 8.3. Clinical & Diagnostic Laboratories
 8.4. Pharmacy
 8.5. Others
9. Electronic Medical Records Market, Regional Analysis (2018-2026), USD Million
 9.1. North America
  9.1.1. Introduction
   9.1.1.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.1.1.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.1.1.3. Market Size & Forecast, by End User (2018-2026), USD Million
   9.1.1.4. Market Size & Forecast, by Country (2018-2026), USD Million
  9.1.2. U.S.
   9.1.2.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.1.2.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.1.2.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.1.3. Canada
   9.1.3.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.1.3.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.1.3.3. Market Size & Forecast, by End User (2018-2026), USD Million
 9.2. Europe
  9.2.1. Introduction
   9.2.1.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.2.1.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.2.1.3. Market Size & Forecast, by End User (2018-2026), USD Million
   9.2.1.4. Market Size & Forecast, by Country (2018-2026), USD Million
  9.2.2. Germany
   9.2.2.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.2.2.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.2.2.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.2.3. UK
   9.2.3.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.2.3.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.2.3.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.2.4. France
   9.2.4.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.2.4.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.2.4.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.2.5. Spain
   9.2.5.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.2.5.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.2.5.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.2.6. Italy
   9.2.6.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.2.6.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.2.6.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.2.7. Russia
   9.2.7.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.2.7.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.2.7.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.2.8. Rest of Europe
   9.2.8.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.2.8.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.2.8.3. Market Size & Forecast, by End User (2018-2026), USD Million
 9.3. Asia Pacific (APAC)
  9.3.1. Introduction
   9.3.1.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.3.1.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.3.1.3. Market Size & Forecast, by End User (2018-2026), USD Million
   9.3.1.4. Market Size & Forecast, by Country (2018-2026), USD Million
  9.3.2. China
   9.3.2.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.3.2.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.3.2.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.3.3. Japan
   9.3.3.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.3.3.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.3.3.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.3.4. India
   9.3.4.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.3.4.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.3.4.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.3.5. Australia
   9.3.5.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.3.5.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.3.5.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.3.6. South Korea
   9.3.6.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.3.6.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.3.6.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.3.7. Rest of Asia Pacific
   9.3.7.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.3.7.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.3.7.3. Market Size & Forecast, by End User (2018-2026), USD Million
 9.4. Latin America (LATAM)
  9.4.1. Introduction
   9.4.1.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.4.1.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.4.1.3. Market Size & Forecast, by End User (2018-2026), USD Million
   9.4.1.4. Market Size & Forecast, by Country (2018-2026), USD Million
  9.4.2. Brazil
   9.4.2.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.4.2.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.4.2.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.4.3. Mexico
   9.4.3.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.4.3.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.4.3.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.4.4. Argentina
   9.4.4.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.4.4.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.4.4.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.4.5. Rest of LATAM
   9.4.5.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.4.5.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.4.5.3. Market Size & Forecast, by End User (2018-2026), USD Million
 9.5. Middle East & Africa (MEA)
  9.5.1. Introduction
   9.5.1.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.5.1.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.5.1.3. Market Size & Forecast, by End User (2018-2026), USD Million
   9.5.1.4. Market Size & Forecast, by Country (2018-2026), USD Million
  9.5.2. South Africa
   9.5.2.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.5.2.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.5.2.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.5.3. Saudi Arabia
   9.5.3.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.5.3.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.5.3.3. Market Size & Forecast, by End User (2018-2026), USD Million
  9.5.4. Rest of MEA
   9.5.4.1. Market Size & Forecast, by Product (2018-2026), USD Million
   9.5.4.2. Market Size & Forecast, by Type (2018-2026), USD Million
   9.5.4.3. Market Size & Forecast, by End User (2018-2026), USD Million
10. Competitor Analysis
 10.1. Market Player Comparison
 10.2. Product-wise Player Mapping
 10.3. Region-wise Player Mapping
 10.4. Market Share Analysis
 10.5. Market Position Analysis
 10.6. Recent Development Analysis
11. Company Profiles
 11.1. Global Payments Inc. (U.S.)
  11.1.1. Company Overview
  11.1.2. Company Financials
  11.1.3. Product Portfolio
  11.1.4. Recent Developments
 11.2. HMS Holdings Corp. (U.S.)
  11.2.1. Company Overview
  11.2.2. Company Financials
  11.2.3. Product Portfolio
  11.2.4. Recent Developments
 11.3. Medical Information Technology, Incorporated (U.S.)
  11.3.1. Company Overview
  11.3.2. Company Financials
  11.3.3. Product Portfolio
  11.3.4. Recent Developments
 11.4. eClinicalWorks (U.S.)
  11.4.1. Company Overview
  11.4.2. Company Financials
  11.4.3. Product Portfolio
  11.4.4. Recent Developments
 11.5. NextGen Healthcare, Inc. (U.S.)
  11.5.1. Company Overview
  11.5.2. Company Financials
  11.5.3. Product Portfolio
  11.5.4. Recent Developments
 11.6. Epic Systems Corporation (U.S.)
  11.6.1. Company Overview
  11.6.2. Company Financials
  11.6.3. Product Portfolio
  11.6.4. Recent Developments
 11.7. McKesson Corporation (U.S.)
  11.7.1. Company Overview
  11.7.2. Company Financials
  11.7.3. Product Portfolio
  11.7.4. Recent Developments
 11.8. Allscripts Healthcare Solutions, Inc. (U.S.)
  11.8.1. Company Overview
  11.8.2. Company Financials
  11.8.3. Product Portfolio
  11.8.4. Recent Developments
 11.9. General Electric Company (U.S.)
  11.9.1. Company Overview
  11.9.2. Company Financials
  11.9.3. Product Portfolio
  11.9.4. Recent Developments
 11.10. Cerner Corporation (U.S.)
  11.10.1. Company Overview
  11.10.2. Company Financials
  11.10.3. Product Portfolio
  11.10.4. Recent Developments
(Note: Financials are captured for public listed companies)

Key questions addressed by the research report-

Historic Period: 2018-2020, Base Year: 2020, Forecast Data: 2021-2026

Electronic medical records market exhibits a compounded annual growth rate (CAGR) of 4.7% from 2021 to 2026

Prominent players in the electronic medical records market are Global Payments Inc., HMS Holdings Corp, Medical Information Technology Incorporated, eClinicalWorks, NextGen Healthcare, Inc., Epic Systems Corporation, McKesson Corporation, Allscripts Healthcare Solutions, Inc., General Electric Company, and Cerner Corporation.

Asia Pacific and North America offers numerous growth opportunities for companies operating in the electronic medical records market.

Web-based electronic medical records lead the Product market segment in 2020.

Yes, the report offers comprehensive analysis of the COVID-19 pandemic on the market. The report comes with in-depth deviation analysis pre- and post-COVID-19 along with the market trends during the study period.

We follow our in-house domain-assisted cognition (DAC) research framework to compose all our market research reports. The framework ensures contextually relevant insights discovery by collecting precise market information via primary and secondary research.

Yes, we offer 15% free customization with the purchase of this report. Please Contact Us regarding your customization requirements and our research expert will connect with you within 12 hours.


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