Electronic Health Record Market is expected to reach US$ 79.42 Billion by 2031

Global Electronic Health Record Market Forecast to 2031: Key Insights

According to our latest study on "Global Electronic Health Record Market – Global and Regional Share, Trend, and Growth Opportunity Analysis – by Installation Type, Type, Application, Distribution Channel, and Geography," the market was valued at US$ 40.54 billion in 2024 and is expected to reach US$ 79.42 billion by 2031. The electronic health record market size is estimated to register a CAGR of 10.3% during 2025–2031. The growth of digital health technologies is a primary factor contributing to the global electronic health record market growth. Telemedicine, mobile health applications, and AI-powered solutions continue to be adopted leading to greater EHR investment in more interoperable, efficient and patient-centered systems. As concerns about data security and regulatory compliance rise and as energy-efficient/green IT infrastructure options become more prominently integrated in the market, electronic health record market trends will be increasingly defined by these factors for the foreseeable future.

North America is a dominant market in the global electronic health record market primarily due to substantial policy support, established healthcare infrastructure, and a high level of digital use in medical practice. In North America, the United States stands out as the key market as a result of significant progress in EHR adoption over the last decade. According to the Assistant Secretary for Technology Policy/Office of the National Coordinator for Health IT, in 2021, approximately 4 in 5 office-based physicians (78%) and nearly all non-federal acute care hospitals (96%) had a certified EHR implemented. Compared to 2011, which had adoption rates of 34% for physicians and 28% for hospitals, these numbers reflect incredible growth.

Electronic Health Record Market

In terms of Canada, the movement toward digital health is also progressing well. June 2024 saw Mark Holland, Minister of Health, bring forth Bill C-72, the Connected Care for Canadians Act, which aims to provide Canadians secure access to their health data and share patient information among their health care providers. The legislation is another example of the way that Canada is looking to modernize its healthcare system and to promote more connected, patient-centered care.  With investment in cloud-based EHR platforms increasing, demand for virtual care rising, and patients demanding more access and transparency, North America is expected to continue leading the global EHR market. The regulatory certainty and commitment to innovation are good building blocks for additional digital transformation in health care.

Rising Demand for Digital Healthcare Systems Drives Global Electronic Health Record Market Growth

One of the key contributors to the rising popularity of EHR systems globally is the increasing demand for coordinated care and efficient management of patient records. Healthcare providers are facing attractive pressure to provide efficient, accurate, and coordinated care. Digital healthcare solutions like EHRs provide better access to patient information utilizing less administrative time and improve data assisted clinical decision-making. EHRs assist with organizing patient records better; can inform all the members of a patient's care team and providers collaborate to improve the delivery of healthcare service. A recent example that exemplifies this trend is the significant investment announced in October 2023 by the Honourable Mark Holland, Canada's Minister of Health. The Canadian government, through the Canadian Institutes of Health Research (CIHR), and its partners, committed C$ 36 million (US$ 26.6 million) to develop integrated care policies and practices that unite researchers, policy developers, healthcare practitioners, and people with lived experience. The aim of the investment was to confront pressing challenges in health care, utilizing digital solutions, often in a virtual context, especially for disadvantaged and underserved communities in rural and remote areas. The funding will support 13 implementation science teams, and a knowledge mobilization and impact hub focused on tackling pressing healthcare issues across Canada. This will include 13 implementation science teams that will develop and evaluate the use of digital healthcare tools (e.g., electronic healthcare records and applications such as Zoom) to effect improvements in coordination of care and integrated service delivery in several domains of care. These include sexual health services via pharmacies, improvement of care for patients with long COVID and chronic pain across different sectors of care, mental health services for communities who seek equity, and creating better transitions from hospital care to home care for older adults. This example demonstrates how investment by a government not only improves management of an individual's data, but allows for contextualized health interventions within communities.

As healthcare systems worldwide face growing complexities, the demand for robust digital solutions such as EHRs is expected to accelerate, driving further adoption and innovation in this sector.

Global Electronic Health Record Market: Segmental Overview

In terms of type, the electronic health record market is divided into acute EHR, ambulatory EHR, and post-acute EHR. The acute EHR segment held a significant electronic health record market share in 2024. Acute electronic health records (EHR) systems are made for hospitals and inpatient care settings where complex and acute care is provided. They allow providers to access up-to-date information about patient care, support clinical decision-making, and document detailed information about treatments, tests, evaluations, encounters, label medical records, and procedures. Acute EHR systems support the configuration workflows for healthcare providers, thereby enhancing patient safety, better coordination, and improved outcomes. Acute EHR systems integrate hospital departments together to record, manage, and track patient charts; lab results; medication orders; and subsequently patient billing. There is an increasing demand for advanced healthcare IT solutions that is driving acute EHR systems to grow on a worldwide basis.

Global Electronic Health Record Market Analysis: Competitive Landscape and Key Developments

The global electronic health record market report emphasizes the key factors driving the market and the prominent players' developments. Veradigm Inc, Greenway Health LLC, eClinicalWorks LLC, Infor-Med Inc, Microwize Technology Inc, Athenahealth Inc, ChipSoft.com Inc, AdvancedMD Inc, PracticeSuite Inc, and Oracle Corp are among the prominent players profiled in the global electronic health record market report. The market players focus on new product launches, expansion and diversification, and acquisition strategies, which allow them to access prevailing business opportunities.

• In October 2024, Oracle unveiled next-generation EHR. The new EHR will feature the latest cloud and AI capabilities and offer a more natural, intuitive, and responsive experience for all users. The new EHR is powered by AI and designed to deliver the intelligence health networks need to close care gaps and be more effective and efficient. For example, the intuitive design leverages integrated conversational search, voice-driven navigation, and multimodal search as a natural extension of clinician workflows. This will enable physicians to more easily access critical patient information, such as recent vitals, medications, notes, and labs. With AI-supported summaries, the EHR can also aid in accelerated chart review and provide consolidated, contextual patient information organized by condition, role, and care setting to help reduce the time practitioners spend reviewing charts, searching for the best treatments, and planning their day.
• In June 2025, Trinity Health announced the selection of a new technology partner for their electronic health record (EHR): Epic. Trinity Health has launched the beginning stages of a major EHR upgrade through the start of an 18-month project to implement a brand-new, state-of-the-art EHR system with Epic.

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