01:00 ET Electronic health records market 2023-2027 | Government initiatives supporting the adoption of EHR are driving the EHR market growth - Technavio

01:00 ET Electronic health records market 2023-2027 | Government initiatives supporting the adoption of EHR are driving the EHR market growth - Technavio

NEW YORK, Nov. 5, 2023 /PRNewswire/ -- According to Technavio, the global electronic health records market size is estimated to grow by USD 32.27 billion from 2022 to 2027. The market is expected to grow at a CAGR of 12.91% during the forecast period. Government initiatives supporting the adoption of EHR are driving the EHR market growth. With the help of government support, healthcare systems find it easy to implement EHR systems and gain financial support. For instance, in the UK, the National Health Services (NHS) has converted all documentation processes into digitized forms. In addition, various region-specific initiatives are promoting digital healthcare services. Hence, the market is expected to grow during the forecast period. 


Continue Reading




Technavio has announced its latest market research report titled Global Electronic Health Records Market


For more insights on market size, request a sample report


Global electronic health records market - Five forces
The global electronic health records market is fragmented, and the five forces analysis covers– 


  • Bargaining power of buyers 

  • The threat of new entrants

  • Threat of rivalry

  • Bargaining power of suppliers

  • Threat of substitutes

  • For interpretation of Porter's five forces model – electronic health records market government initiatives supporting adoption driving market growth technavio