Future Outlook of the Ambulatory Electronic Medical Records Market: Growth, Trends, and Emerging Opportunities Explored
Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What key factors are powering the surge in the ambulatory electronic medical records market right now?
In recent times, there has been robust growth in the size of the ambulatory electronic medical records market. The market, which was valued at $7.62 billion in 2024, is projected to increase to $8.25 billion in 2025, growing at a compound annual growth rate (CAGR) of 8.3%. Factors contributing to this growth during the historic period include governmental initiatives, an increase in the prevalence of chronic diseases, enhancements in patient care, an upsurge in population health management, and economic expansion.
How fast Is the ambulatory electronic medical records market expected to grow, and what’s its future value?
The market for ambulatory electronic medical records is anticipated to witness fast-paced expansion in the coming years. The market is projected to reach $12.09 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.0%. Factors such as the increasing adoption of telehealth, global market expansion, increased patient engagement, data security, and privacy concerns, as well as rising healthcare spending, contribute to this growth trend during the forecast period. Other noteworthy developments predicted for this period include the adoption of cloud-based solutions, AI integration, enhancements in user experience (UX) design, the integration of genomic data, and the advent of patient portals.
Get your ambulatory electronic medical records market report here!
What are the leading drivers of growth in the ambulatory electronic medical records market?
The growth of the ambulatory electronic medical records market is anticipated to be powered by the escalating incidence of chronic illnesses. Chronic diseases are conditions that last more than a year that require continued medical care or interfere with daily life activities, or both. The increasing incidence of chronic illnesses is spurring the expansion of ambulatory healthcare services, necessitating the use of ambulatory electronic medical records for effective patient management. For example, the World Health Organization, a Switzerland-based intergovernmental body, predicted in February 2024 that by 2050, there would be over 35 million new cancer cases, marking a 77% rise compared to the anticipated 20 million cases in 2022. Consequently, the escalating incidence of chronic illnesses is fueling the growth of the ambulatory electronic medical records market.
What are the key segments defining the ambulatory electronic medical records market?
The ambulatory electronic medical records market covered in this report is segmented –
1) By Component: Hardware, Software
2) By Practice Type: Large Practices, Small-To-Medium-Sized Practices, Solo Practices Freestanding
3) By Delivery Mode: Cloud-Based, On-Premise
4) By Application: Practice Management, Patient Management, E-Prescribing, Referral Management, Population Health Management, Decision Support, Health Analytics
5) By End Users: Hospital- Owned Ambulatory Centers, Independent Centers
Subsegments:
1) By Hardware: Workstations (Desktops and Laptops), Tablets and Mobile Devices, Printers and Scanners, Networking Equipment, Servers and Storage Devices
2) By Software: EMR Software Solutions, Practice Management Software, Billing and Revenue Cycle Management Software, Interoperability Solutions, Data Analytics Software, Mobile Applications
Get your free sample now – explore exclusive market insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7703&type=smp
Who are the key players steering the development of the ambulatory electronic medical records market?
Major companies operating in the ambulatory electronic medical records market include Cerner Corporation, Epic Systems Corporation, Allscripts Healthcare LLC, Medical Information Technology Inc., Computer Programs and Systems Inc., General Electric Company, Athenahealth Inc., MEDHOST Inc., eClinicalWorks LLC, NXGN Management LLC, InterSystems Corporation, CareCloud Inc., Cantata Health Solutions Inc., Advanced Data Systems Corporation, CureMD Healthcare Inc., Practice Fusion Inc., eMDs Inc., Virence Health Inc., McKesson Corporation, CPSI Inc., Veradigm Inc., Greenway Health LLC, DrChrono Inc., Eyefinity Inc., Amazing Charts LLC, Kareo Inc., iPatientCare LLC, Azalea Health Innovations Inc., Harris Healthcare Inc., ICANotes Inc.
What emerging trends are influencing the growth of the ambulatory electronic medical records market?
Technological innovation is an emerging trend that is gaining traction in the sector of ambulatory electronic medical records. The major enterprises in this field are concentrating on the development of new tech solutions to fortify their market presence. For example, Cerner Corporation, a health information technology company from the US rolled out CommunityWorksSM Foundations, a cloud-based version of the Cerner Millennium electronic health record. This is designed to ease the financial strain on critical access and rural hospitals across the US. The unique selling point of this novel technology is its fixed-fee payment model that doesn’t require any initial capital expenditure, thereby minimizing costs and lengthy launch procedures. It is designed for a swift six-month deployment from inception to becoming operational, facilitating smaller healthcare institutions to improve their patient services.
Unlock exclusive market insights – purchase your research report now for a swift delivery!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7703
Which regions are most influential in expanding the ambulatory electronic medical records market?
North America was the largest region in the ambulatory electronic medical records market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ambulatory electronic medical records market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Browse Through More Similar Reports By The Business Research Company:
Fitness Tracker Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/fitness-tracker-global-market-report
Virtual Data Room Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/virtual-data-room-global-market-report
Virtual Reality Devices Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/virtual-reality-devices-global-market-report
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
