Meticulous Research—a leading global market research company, published a research report titled “Ambulatory EHR Market Size, Share, Forecast, & Trends Analysis by Deployment Mode (Cloud, On-premise) Type (All-in-one, Modular) Application (Practice, Patient Portal, CPOE, CDS, Referral, Population Health) End User, Practice - Global Forecast to 2031”
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According to the latest publication from Meticulous Research®, the ambulatory EHR market is projected to reach $7.84 billion by 2031, growing at a CAGR of 5.3% from 2024 to 2031. The market's growth is driven by supportive government initiatives promoting EHR adoption, a rising preference for ambulatory care over inpatient services, and the need to reduce operational costs in healthcare. Additionally, integrating artificial intelligence (AI) and machine learning (ML) technologies with ambulatory EHRs and the evolving technological landscape in developing countries are expected to create market growth opportunities. However, IT infrastructure constraints in developing nations, concerns about data security, and the high costs associated with implementing ambulatory EHRs may restrain market growth.
Key Players
The key players profiled in the ambulatory EHR market report include Epic Systems Corporation (U.S.), Cerner Corporation (U.S.), Medical Information Technology, Inc. (U.S.), Computer Programs and Systems, Inc. (U.S.), Allscripts Healthcare Solutions, Inc. (U.S.), athenahealth, Inc. (U.S.), NextGen Healthcare, Inc (U.S.), eClinicalWorks (U.S.), Greenway Health, LLC (U.S.), CureMD Healthcare (U.S.), and AdvancedMD, Inc. (U.S.).
Market Segments
Deployment Mode:
In 2024, the cloud/web-based ambulatory EHR segment is expected to hold the larger market share. This dominance is attributed to the flexibility, real-time monitoring, data security, and lower implementation costs offered by cloud-based deployments compared to on-premise options
Type:
In 2024, the all-in-one ambulatory EHR segment is anticipated to account for the largest market share. The benefits of all-in-one ambulatory EHRs, such as ease of use, comprehensive functionalities, and seamless integration of software and hardware, drive this segment's growth.
Practice Size:
The large practices segment is projected to hold the largest share of the market in 2024. This segment's significant share is due to the increasing need for efficient administration and coordination in extensive setups, as well as the equitable distribution of costs and tasks among staff.
Application:
In 2024, the practice management segment is expected to account for the largest market share. Practice management software (PMS) is crucial for modern medical practices, serving as a central repository for administrative functions like patient registration, appointment scheduling, and workflow management. The segment's large market share is driven by the need to increase operational efficiency and deliver enhanced patient services.
End User:
In 2024, the hospital-owned ambulatory centers segment is expected to hold the larger market share. Hospital-owned ambulatory centers, integrated within hospitals, typically adhere to higher accreditation standards and deliver high-quality care. Factors such as robust financial capabilities and the need to streamline unstructured healthcare data drive the adoption of ambulatory EHRs in these centers.
Geographic Review
In 2024, North America is expected to dominate the ambulatory EHR market, followed by Europe and Asia-Pacific. North America's significant market share can be attributed to supportive government initiatives promoting EHR adoption and the presence of leading EHR providers in the region. The U.S. is expected to hold the largest share of the ambulatory EHR market in North America, driven by the proliferation of ambulatory surgery centers. For example, the Ambulatory Surgery Center Association (ASCA) reported approximately 6,200 ambulatory surgery centers in the U.S. in 2022.
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