Rising demand for electronic healthcare systems and devices along with technological advancements in the field of healthcare and information technology (IT) and emerging usage of the IT in the healthcare sectors are some of the key factors boosting growth of the market. In addition, numerous governments are talking initiatives for promotion and adoption of EHR are driving growth of the global electronic health records market.
Here are some of the other factors which are influencing on the growth opportunities:
Advantages of EHR to Boost Adoption: EHRs offer a numerous advantages to the healthcare providers and patients which increases system productivity and satisfaction to patients. These are increasing adoption of software and services for applications such as clinical decision support, data mining, and clinical trial management is expected to propel the demand of HER in upcoming years.
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Availability of Technologically Advanced Data Management Systems to Drive Growth: A rising number of medical professionals which are opting for technologically advanced data management systems to save time and resources. This is increasing demand for monitoring of geriatric patients remotely is boosting need for improved healthcare facilities. Moreover, introduction of technologically advanced software is expected to boost growth of the global electronic health records market over the forecast period.
These are the digital versions of the patient’s history which can be accessible from healthcare provider and patients as well. Availability of the EHRs which can save data of patients such as demographics, progress notes, vital signs, problems, medications, immunizations, past medical history, radiology reports, and laboratory data are boosting their adoption from past few years.
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Asia Pacific and Europe to Collect More Revenue Owing To Demand for Health Assistance of Geriatric Population
The electronic health records market is being utilized in a number of regions like Europe, Asia Pacific, Latin America, North America, Middle East and Africa. Among these, Europe and Asia Pacific are predicted to witness high growth over the forecast period leading to rise in potential restriction pressure on healthcare expenses and old age population. Adding to this, the strengthening requirement of remote tracking and arising need of the patient’s care are some other factors that may expand the growth of Europe and Asia Pacific regions in the years to come.