Canada Electronic Health Records Market Size & Outlook
Canada electronic health records market, 2018-2030 (US$M)
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Canada electronic health records market highlights
- The Canada electronic health records market generated a revenue of USD 1,478.3 million in 2023 and is expected to reach USD 1,993.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, web/ cloud-based ehr was the largest revenue generating product in 2023.
- Web/ cloud-based EHR is the most lucrative product segment registering the fastest growth during the forecast period.
Electronic health records market data book summary
| Market revenue in 2023 | USD 1,478.3 million |
| Market revenue in 2030 | USD 1,993.1 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Web/ cloud-based ehr |
| Fastest growing segment | Web/ cloud-based EHR |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Web/ cloud-based EHR, On-premise EHR |
| Key market players worldwide | Cerner Corporation, GE HealthCare Technologies Inc Common Stock, Veradigm Inc, Epic Systems Corporation, eClinicalWorks, Greenway Health, NextGen Healthcare, Meditech, AdvancedMD, CureMD Healthcare, McKesson Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 4.6% of the global electronic health records market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. electronic health records market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 448.5 million by 2030.
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Electronic Health Records Market Scope
Electronic Health Records Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada electronic health records market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electronic health records market will help companies and investors design strategic landscapes.
Web/ cloud-based ehr was the largest segment with a revenue share of 83.05% in 2023. Horizon Databook has segmented the Canada electronic health records market based on web/ cloud-based ehr, on-premise ehr covering the revenue growth of each sub-segment from 2018 to 2030.
Canada’s EHR market is expected to exhibit lucrative growth in the near future owing to the existence of an advanced healthcare information system, example, the Canadian Institute for Health Information (CIHI) to help raise awareness.
These initiatives help healthcare companies in achieving enhanced efficiency, thus, enhancing the EHR market. Furthermore, Canada Health Infoway, Inc. (Infoway) established in 2001, mandates, accelerates, & coordinates the development & adoption of modern health information & communication technologies and systems.
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Our clientele includes a mix of electronic health records market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada electronic health records market , including forecasts for subscribers. This country databook contains high-level insights into Canada electronic health records market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada electronic health records market size, by product, 2018-2030 (US$M)
Canada Electronic Health Records Market Outlook Share, 2023 & 2030 (US$M)
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