The global ambulatory EHR market is projected to reach USD 5.7 billion in 2022 to USD 7.7 billion by 2027, at a CAGR of 6.1% during the forecast period.
Growth in this market is driven by the opportunities provided by the market such as increasing demand for cloud-based ambulatory EHR market, and shift towards patient-centric healthcare delivery. However, the interoperability issues & data security concerns are some of the challenges that are expected to limit the growth of the market to a certain extent during the forecast period.
Cloud-based was the fastest-growing segment in the delivery mode of the ambulatory EHR market in 2021
Cloud-based segment is projected to grow at the highest growth rate in the ambulatory EHR market in 2021. The introduction of complex software and the growing focus on healthcare system integration is expected to drive the demand for ambulatory EHR services in the coming years.
The practice management segment is expected to witness the highest growth rate in the ambulatory EHR market, by application
Based on application, the orthopedic surgery segment is expected to register the highest CAGR during the forecast period. Factors responsible for the growth of this segment are the advantages offered by the practice management solutions such as workflow automation, reduction of claim submission errors, and the availability of a powerful search engine for patient visit schedules and slot availability.
APAC to witness the highest growth rate during the forecast period.
The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. Market growth in the APAC region is mainly driven by factors such as the government initiatives for the adoption of EHR solutions, rising medical tourism, the growth of the geriatric population, the rising prevalence of chronic diseases, soaring healthcare expenditures, and growth in the purchasing power of consumers.
Market Dynamics
Drivers
Government Support for the Adoption of EHR Solutions
Increasing Number of Outpatient Care Centers
Growing Patient Volume Due to COVID-19
Need to Curtail Healthcare Costs
Restraints
Heavy Infrastructure Investments and High Cost of Deployment
Reluctance to Adopt Ambulatory EHR Solutions in Developing Countries
Opportunities
Increasing Demand for Cloud-Based Ambulatory EHR Solutions
Shift Towards Patient-Centric Healthcare Delivery
Challenges
Interoperability Issues
Data Security Concerns
Companies Mentioned
Advanced Data Systems Corporation
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