Electronic Health Records (EHR) Market Worth USD 29.81 Billion By 2022: Grand View Research, Inc.

Global electronic health records market is expected to reach USD 29.81 billion by 2022, according to a new study by Grand View Research Inc. Heightening need for improved efficiency, improvement in the quality of service delivery, patient safety, reduction in disparity between patients and healthcare providers and patient access to information are expected to drive the electronic health records market over the forecast period. Furthermore, favorable government initiatives such as the American Recovery and Reinvestment Act (ARRA) stimulation packages are fostering widespread adoption and implementation of electronic health records systems. Rapid technological advancement in the electronic health records market has also facilitated the users to access critical information using handheld devices such as iPhone and tablets. Electronic health records systems encompass a wide array of technologies designed to monitor, share, manage, evaluate, notify, prescribe, and modify the treatment plan, and even locate the patients during emergencies as and when required. For instance, GE healthcare’s Centricity provides a complete range of EHR solutions for efficient organizational workflow.

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