India Electronic Health Records Market Size & Outlook
India electronic health records market, 2018-2030 (US$M)
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India electronic health records market highlights
- The India electronic health records market generated a revenue of USD 616.9 million in 2023 and is expected to reach USD 1,066.1 million by 2030.
- The India market is expected to grow at a CAGR of 8.1% 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 616.9 million |
| Market revenue in 2030 | USD 1,066.1 million |
| Growth rate | 8.1% (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, India accounted for 1.9% 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 Asia Pacific, China electronic health records market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,066.1 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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India 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 83.22% in 2023. Horizon Databook has segmented the India 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.
The EHR market in India is expected to witness growth over the forecast period. Several multinational companies are setting up their manufacturing business in India. These manufacturers are focusing on launching new products and strategic collaborations with major market players.
For instance, in 2019, Apollo Hospitals Group & Microsoft India collaborated to set up a National Clinical Coordination Committee. This committee was expected to assist AI-related projects by providing clinical insights for the development of clinical algorithms & treatment guidelines.
The Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (PMJAY) declared under the budget 2020-21 is the largest funded healthcare program by the government of India. Both the union and the state governments are focusing on the implementation of ICT in healthcare sectors.
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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 India electronic health records market , including forecasts for subscribers. This country databook contains high-level insights into India electronic health records market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India electronic health records market size, by product, 2018-2030 (US$M)
India Electronic Health Records Market Outlook Share, 2023 & 2030 (US$M)
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