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Ambulatory EHR Market By Product Type (Integrated EHR, Standalone EHR), By Application (Clinical Workflow Management, Revenue Cycle Management, Population Health Management, e-Prescribing, Patient Portals), By End-User (Small & Medium-sized Practices, Large Healthcare Practices, Ambulatory Surgery Centers, Diagnostic Centers), By Deployment Mode (Cloud-Based Deployment, On-Premise Deployment); Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: LI4911  
|   Life Sciences & Healthcare

As per Intent Market Research, the Ambulatory EHR Market was valued at USD 5.6 billion in 2023 and will surpass USD 9.5 billion by 2030; growing at a CAGR of 7.9% during 2024 - 2030.

The Ambulatory EHR (Electronic Health Record) market is experiencing robust growth, driven by the increasing need for efficient patient data management, regulatory compliance, and advancements in healthcare technology. As healthcare organizations transition from paper-based systems to digital platforms, the demand for ambulatory EHR solutions is expanding rapidly. These systems streamline clinical workflows, enhance communication, and enable accurate patient records management, thereby improving the overall quality of care in outpatient settings. The ambulatory EHR market is poised for continued growth as healthcare providers increasingly seek solutions that not only simplify administrative tasks but also provide better patient outcomes.

Integrated EHR is Largest Owing to Comprehensive Functionality

The Integrated EHR segment is the largest within the ambulatory EHR market due to its all-in-one functionality, combining clinical, administrative, and financial data into a single unified system. This integration helps healthcare providers manage patient information more effectively, resulting in improved decision-making, streamlined workflows, and better patient care coordination. Integrated systems allow for seamless communication across various departments, making them the preferred choice for ambulatory practices that aim for efficiency and reduced administrative burden. The ability to connect with other healthcare systems and provide a complete picture of a patient's medical history is one of the primary reasons for the dominance of integrated EHRs in this market.

As healthcare regulations become stricter, integrated EHR systems are increasingly sought after for their ability to manage large amounts of data securely and comply with standards such as HIPAA. Furthermore, their ability to automate administrative processes such as billing and appointment scheduling further enhances their appeal in ambulatory settings, where managing both patient care and operational efficiency is paramount.

Ambulatory EHR Market SIZE

Revenue Cycle Management is Fastest Growing Application

The Revenue Cycle Management (RCM) application is the fastest growing in the ambulatory EHR market. This can be attributed to the increasing pressure on healthcare providers to optimize their financial operations while maintaining high-quality patient care. RCM encompasses a wide range of functions, including patient registration, billing, claims processing, and payment collections. As insurance models evolve and reimbursement structures become more complex, the need for effective revenue cycle management has become more critical than ever for outpatient practices.

RCM solutions within ambulatory EHR systems enable providers to automate billing processes, reduce claim denials, and improve cash flow. The adoption of these solutions is also fueled by the demand for more accurate billing practices, which can minimize revenue loss due to errors or inefficiencies. The growing recognition of RCM as a tool to enhance both financial sustainability and operational efficiency makes it a key driver in the market’s growth.

Small & Medium-sized Practices are Largest End-User Group

Among the end-users, Small & Medium-sized Practices (SMPs) represent the largest group adopting ambulatory EHR solutions. These practices, which often operate with limited administrative resources, benefit significantly from the streamlined processes provided by EHR systems. The ability to store, access, and manage patient records digitally enhances the efficiency of small and medium-sized healthcare practices by reducing manual paperwork and errors.

Furthermore, SMPs are increasingly pressured by regulations and patient demands for higher quality care, making the adoption of digital solutions like EHRs essential. Integrated and cloud-based EHR systems offer these practices affordable and scalable solutions that can evolve with their needs. As the healthcare landscape shifts toward value-based care and patient-centric models, small and medium-sized practices are expected to remain at the forefront of EHR adoption.

Cloud-Based Deployment is Fastest Growing Due to Scalability and Cost-Effectiveness

The Cloud-Based Deployment segment is the fastest growing deployment model for ambulatory EHR systems. Cloud solutions provide healthcare providers with numerous benefits, including reduced upfront costs, faster implementation, and the ability to scale operations as needed. As data security and privacy concerns continue to be top priorities in the healthcare industry, many cloud providers are offering robust encryption and compliance measures, making this option increasingly attractive.

Cloud-based EHR systems also allow for easier updates and maintenance, ensuring that practices remain compliant with evolving healthcare regulations. The ease of remote access further enhances the appeal, especially for practices with multiple locations or healthcare providers working from different settings. As cloud technology advances and becomes more affordable, its adoption in ambulatory EHR solutions is expected to continue its upward trajectory.

North America is Largest Region Driven by Technological Advancements and Regulatory Support

North America remains the largest region in the ambulatory EHR market, accounting for a significant share of the market due to a combination of technological advancements, government regulations, and widespread healthcare digitization. The United States, in particular, has seen substantial growth in EHR adoption following the implementation of the Health Information Technology for Economic and Clinical Health (HITECH) Act, which incentivized healthcare providers to adopt electronic health records.

The region’s strong healthcare infrastructure, coupled with its focus on improving healthcare efficiency through digital solutions, supports the continued dominance of North America in this market. Additionally, North American healthcare providers are increasingly looking for integrated solutions that enhance clinical and financial outcomes, further driving the demand for ambulatory EHR systems.

Ambulatory EHR Market share by region

Competitive Landscape and Leading Companies

The competitive landscape of the ambulatory EHR market is highly dynamic, with several large players driving technological innovation and market growth. Epic Systems, Cerner Corporation, and Allscripts Healthcare Solutions are among the dominant players, offering comprehensive EHR solutions that cater to a wide range of healthcare providers, from small clinics to large hospital networks. Other notable players like Athenahealth and NextGen Healthcare are also gaining market share with their cloud-based, user-friendly platforms that meet the needs of small and medium-sized practices.

The market is characterized by continuous product development, partnerships, and mergers & acquisitions, as companies strive to offer more advanced solutions that integrate with other healthcare technologies. The rising trend of value-based care and the push toward interoperability are expected to continue shaping the competitive landscape, pushing companies to innovate and improve the functionality of their EHR systems. As cloud-based deployments and revenue cycle management features gain traction, market leaders will likely focus on these segments to stay ahead of the competition

Recent Developments:

  • Cerner Corporation announced a strategic partnership with Google Cloud in late 2023 to enhance its EHR capabilities by integrating AI and machine learning for improved clinical decision support.
  • Epic Systems launched an upgraded version of its Ambulatory EHR System, focusing on increased interoperability with third-party applications to improve data exchange across healthcare systems.
  • Allscripts Healthcare Solutions acquired Veradigm, expanding its Ambulatory EHR offerings and further strengthening its data analytics capabilities for personalized patient care.
  • McKesson Corporation received FDA approval in 2023 for its Digital Health Platform integration with ambulatory EHR systems, streamlining patient record management and data sharing.
  • NextGen Healthcare announced the launch of NextGen® Office, a cloud-based ambulatory EHR solution designed for small and medium-sized practices, offering improved patient engagement tools and ease of use

List of Leading Companies:

  • Epic Systems Corporation
  • Cerner Corporation
  • Allscripts Healthcare Solutions, Inc.
  • McKesson Corporation
  • Athenahealth, Inc.
  • NextGen Healthcare
  • MEDITECH
  • Greenway Health, LLC
  • eClinicalWorks
  • GE Healthcare
  • CureMD
  • Optum
  • Kareo
  • AdvancedMD
  • Practice Fusion

Report Scope:

Report Features

Description

Market Size (2023)

USD 5.6 Billion

Forecasted Value (2030)

USD 9.5 Billion

CAGR (2024 – 2030)

7.9%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Ambulatory EHR Market By Product Type (Integrated EHR, Standalone EHR), By Application (Clinical Workflow Management, Revenue Cycle Management, Population Health Management, e-Prescribing, Patient Portals), By End-User (Small & Medium-sized Practices, Large Healthcare Practices, Ambulatory Surgery Centers, Diagnostic Centers), By Deployment Mode (Cloud-Based Deployment, On-Premise Deployment)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Epic Systems Corporation, Cerner Corporation, Allscripts Healthcare Solutions, Inc., McKesson Corporation, Athenahealth, Inc., NextGen Healthcare, MEDITECH, Greenway Health, LLC, eClinicalWorks, GE Healthcare, CureMD, Optum, Kareo, AdvancedMD, Practice Fusion

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Ambulatory EHR Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Integrated EHR

   4.2. Standalone EHR

5. Ambulatory EHR Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Clinical Workflow Management

   5.2. Revenue Cycle Management

   5.3. Population Health Management

   5.4. e-Prescribing

   5.5. Patient Portals

6. Ambulatory EHR Market, by End-User (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Small & Medium-sized Practices

   6.2. Large Healthcare Practices

   6.3. Ambulatory Surgery Centers

   6.4. Diagnostic Centers

7. Ambulatory EHR Market, by Deployment Mode (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Cloud-Based Deployment

   7.2. On-Premise Deployment

8. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Ambulatory EHR Market, by Type

      8.2.7. North America Ambulatory EHR Market, by Application

      8.2.8. North America Ambulatory EHR Market, by End-User

      8.2.9. North America Ambulatory EHR Market, by Deployment Mode

      8.2.10. By Country

         8.2.10.1. US

               8.2.10.1.1. US Ambulatory EHR Market, by Type

               8.2.10.1.2. US Ambulatory EHR Market, by Application

               8.2.10.1.3. US Ambulatory EHR Market, by End-User

               8.2.10.1.4. US Ambulatory EHR Market, by Deployment Mode

         8.2.10.2. Canada

         8.2.10.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. Epic Systems Corporation

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Cerner Corporation

   10.3. Allscripts Healthcare Solutions, Inc.

   10.4. McKesson Corporation

   10.5. Athenahealth, Inc.

   10.6. NextGen Healthcare

   10.7. MEDITECH

   10.8. Greenway Health, LLC

   10.9. eClinicalWorks

   10.10. GE Healthcare

   10.11. CureMD

   10.12. Optum

   10.13. Kareo

   10.14. AdvancedMD

   10.15. Practice Fusion

11. Appendix

 

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A comprehensive market research approach was employed to gather and analyze data on the Ambulatory EHR Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Ambulatory EHR Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Ambulatory EHR Market

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Ambulatory EHR ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Ambulatory EHR Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Ambulatory EHR Market

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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