Global Ambulatory EHR Market is Estimated to Witness High Growth Owing to the Rising Adoption of Cloud-Based

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The Global ambulatory EHR market is estimated to be valued at US$ 6.40 Bn in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period from 2024 to 2031.

Ambulatory EHR or Ambulatory Electronic Health Record systems allow medical practitioners to maintain digital medical and treatment records of the patients during visits to clinics, physician offices, and ambulatory surgical centers. Some key advantages of ambulatory EHR systems include improved quality of care, easy accessibility of medical records, reduction in medical errors, integration with billing operations, and enhanced patient experience. With rising healthcare costs and growing focus on minimising medical errors, adoption of ambulatory EHR solutions has increased significantly across clinics and physician offices globally.

Key Takeaways

Key players operating in the Global Ambulatory EHR Market are Allscripts Healthcare Solutions Inc., eMDs, Inc., Athenahealth Inc., Oracle Corporation, eClinicalWorks, Epic Systems Corporation, Greenway Health, LLC, Medhost, Medical Information Technology Inc., Nextgen Healthcare Information Systems LLC, CureMD, Mckesson Corporation, CoverMyMeds LLC, Crener Corporation, and NetSmart Technologies.

Key opportunities in the market include growing investments by healthcare organisations in digital transformation initiatives, rising preference for cloud-based and mobile-friendly ambulatory EHR solutions, and increasing adoption in small physician offices and clinics.

Technological advancements such as inclusion of AI and analytics capabilities, seamless integration with other clinical and financial systems, interoperability with other electronic medical records, and enhanced security and privacy features are also expected to support the adoption of ambulatory Ambulatory EHR Market Growth solutions over the forecast period.

Market drivers

Rising focus on minimising medical errors and improving quality of care is a key factor driving increased adoption of ambulatory EHR solutions globally. Ambulatory EHR systems help in reducing errors related to prescription and dosage by maintaining digital medication records of patients. They also help in improving care coordination across different care settings by facilitating quick and easy sharing of patient health records electronically. This improves clinical outcomes and quality of provided care significantly.

Current Challenges in the Global Ambulatory EHR Market

There are several challenges in the global ambulatory EHR market currently. This includes high investment costs associated with implementing and maintaining EHR systems. Ambulatory care providers find it difficult to bear the high upfront costs of purchasing hardware, software licenses and services required for deployment of EHR. Other key challenges include interoperability issues where systems from different vendors cannot communicate easily. This hampers data exchange between providers. Physician resistance to transition from paper to digital records is also a challenge. Concerns around loss of productivity during transition and perceived loss of control over patient records act as deterrents for physicians. Data security and privacy is another major concern area as healthcare data breaches have increased manifold in recent years. Maintaining regulatory compliances related to patient data privacy is challenging for all stakeholders.

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