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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”
According to this latest publication from Meticulous Research®, the ambulatory EHR market is projected to reach $7.84 billion by 2031, at a CAGR of 5.3% from 2024 to 2031. The growth of the ambulatory EHR market is driven by supportive government initiatives aimed at promoting EHR adoption, the rising preference for ambulatory care over in-patient services among patients, and the growing need to reduce operational costs in the healthcare sector. Additionally, the integration of 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 are 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 (US), and AdvancedMD, Inc. (U.S.).
The ambulatory EHR market is segmented by Deployment Mode (Cloud/Web-based Ambulatory EHR, On-premise Ambulatory EHR), Type (All-in-one Ambulatory EHR, Modular Ambulatory EHR), Practice Size (Large Practices, Small to Medium-sized Practices, Solo Practices), Application (Practice Management, Computerized Physician Order Entry (CPOE), Patient Portals, Clinical Decision Support (CDS), Referral Management, and Other Applications), End User (Hospital-owned Ambulatory Centers, Independent Ambulatory Centers), and geography.
Among the deployment modes covered in this report, in 2024, the cloud/web-based ambulatory EHR segment is expected to account for the larger share of the market. This segment’s large market share can be attributed to the advantages of cloud-based deployments, including flexibility, real-time monitoring, data security, and lower implementation costs compared to on-premise deployments.
Among the types covered in this report, in 2024, the all-in-one ambulatory EHR segment is expected to account for the larger share of the market. This segment’s large market share can be attributed to the benefits offered by all-in-one ambulatory EHRs, such as ease of use, comprehensive functionalities, absence of compatibility issues, and seamless integration of software and hardware.
Among the practice sizes covered in this report, in 2024, the large practices segment is expected to account for the largest share of the market. Large practices are typically conducted within sizable organizations housing over 50-100 physicians. This segment’s large market share can be attributed to the rising need for efficient administration and coordination within such extensive setups and equitable distribution of costs and tasks among staff.
Among the applications covered in this report, in 2024, the practice management segment is expected to account for the largest share of the market. Practice management software, also referred to as a practice management system (PMS), medical information system (MIS), or hospital information system (HIS), plays a crucial role in modern medical practices. It serves as a central repository for all administrative functions, including patient registration, appointment scheduling, and workflow management. This segment’s large market share can be attributed to the rising need to increase operational efficiency and deliver enhanced services to patients.
Among the end users covered in this report, in 2024, the hospital-owned ambulatory centers segment is expected to account for the larger share of the market. Hospital-owned ambulatory centers, integrated within hospitals, represent a prevalent clinical model in integrated healthcare systems. They typically adhere to higher hospital accreditation standards compared to outpatient clinics, ensuring the delivery of high-quality care. This segment’s large market share can be attributed to factors such as the robust financial capabilities of these centers, facilitating significant investments in advanced EHRs. Additionally, the increasing need to streamline unstructured healthcare data further drives the adoption of ambulatory EHRs within these centers.
Geographic Review
In 2024, North America is expected to account for the largest share of the ambulatory EHR market, followed by Europe and Asia-Pacific. North America’s significant market share can be attributed to factors such as supportive government initiatives aimed at promoting EHR adoption and the presence of leading EHR providers within the region. Furthermore, the U.S. is expected to hold the largest share of the ambulatory EHR market in North America. The proliferation of ambulatory surgery centers in the U.S. is projected to drive the market’s growth in the U.S. For instance, according to data from the Ambulatory Surgery Center Association (ASCA), in 2022, there were approximately 6,200 ambulatory surgery centers in the U.S.
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