Ambulatory EHR Market to Generate Revenue Worth $9,642.9 Million by 2030

The global ambulatory EHR market is projected to generate $9,642.9 million by 2030, advancing at a CAGR of 6.4% during 2022–2030. This will be due to the adoption of healthcare intranet technologies (HCIT), increasing use of EHR solutions, and the need to reduce the overall healthcare cost.

The medical departments were stressed because of breakout of the pandemic, and the increasing number of patients in the hospitals. This forced several industry participants to adopt new and improved EHRs for the management of healthcare systems during the outbreak of the COVID-19. The pandemic has had an influence on the healthcare business and has changed the way of administering patient care.

Hospital Owned Ambulatory Centers Were the Larger User

Hospital owned ambulatory centers held the larger share, over 60%, in 2022. Its high share is attributable to the adoption of ambulatory EHR in numerous hospitals due to increasing count of patient visits. Providers may readily access patients' comprehensive medical histories with the help of these EHRs, allowing them to make prompt judgments. Ambulatory EHRs are considered simpler, as they only deal with a single practice. As a result, these EHRs make it easier for medical personnel to obtain all of the patient information. This electronic health records software is used by providers diagnosis, treatments, visits, and other comparable information. This comprehensive data assists clinicians in streamlining future diagnosis.

E-prescribing held the largest share in 2022. E-Prescription has numerous advantages for everyone, from the doctor prescribing medications to the pharmacist dispensing them to patients. One of the key features of the E-Prescription application is the listing of all the patient's previous prescription data with the help of a single click. System alerts notify prescribers of allergies, pregnancy, probable drug interactions, and other concerns suggesting that the usage of a specific drug is not appropriate for therapy.

As per surveys, more than 95,000 prescription drug errors were done since 2000. The primary causes of these inaccuracies were extremely similar drug names or spellings. With the help of n e-prescription software, prescribers and pharmacists delivering the medicine to patients can be certain of the fact that are giving the right medication to the patients.

North America Is the Market Leader

North America held the largest market share in 2022. The increasing population of patients at healthcare facilities, rising healthcare expenditure, ineffective hospital service management, growing geriatric population, increasing prevalence of chronic diseases, increasing healthcare workforce shortage, and overburdened health systems are driving the healthcare industry's automation and digitization. These digital health solutions increase the patient-provider involvement and improves patient care quality. The increased smartphone usage and improved internet connectivity are driving the use of digital health solutions across North America.

Moreover, the market for ambulatory EHR in Europe has been witnessing growth due to the increasing adoption of EHR in various countries in this region, introduction of regulations related to EHR, increasing aging population, and rising incidences of cardiovascular diseases, chronic pain, and neurological disorders.

Major players operating in the global ambulatory EHR market include Epic Systems Corporation, Cerner Corporation, Allscripts Healthcare Solutions Inc., Medical Information Technology Inc., Computer Programs and Systems Inc., Getinge Group, Atec Pharmatechnik GmbH, and CGI Inc.