U.S. Electronic Health Records Market Size & Outlook

The electronic health records market in the United States is expected to reach a projected revenue of US$ 14,897.6 million by 2030. A compound annual growth rate of 2.4% is expected of the United States electronic health records market from 2024 to 2030.
Revenue, 2023 (US$M)
$12,625.4
Forecast, 2030 (US$M)
$14,897.6
CAGR, 2024 - 2030
2.4%
Report Coverage
U.S.

U.S. electronic health records market highlights

  • The U.S. electronic health records market generated a revenue of USD 12,625.4 million in 2023 and is expected to reach USD 14,897.6 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 2.4% 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 2023USD 12,625.4 million
Market revenue in 2030USD 14,897.6 million
Growth rate2.4% (CAGR from 2023 to 2030)
Largest segmentWeb/ cloud-based ehr
Fastest growing segmentWeb/ cloud-based EHR
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationWeb/ cloud-based EHR, On-premise EHR
Key market players worldwideCerner 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, U.S. accounted for 39.2% 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 segmentation & scope
Web/ cloud-based EHR
On-premise EHR
Hospital
Ambulatory surgical centers
Other end user
Acute
Ambulatory
Post Acute
Licensed software
Technology resale
Subscriptions
Professional services
Others (Support & Maintenance, Managed Services, etc.)
Cardiology
Neurology
Radiology
Oncology
Mental and Behavioral Health
Nephrology and Urology
Gastroenterology
Pediatrics
General Medicine
Physical Therapy and Rehabilitation
Others
Countries
Mexico
UK
Denmark
Norway
South Korea
Thailand
Argentina
UAE
Kuwait

Electronic Health Records Market Companies

Name Profile # Employees HQ Website

U.S. 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 83.02% in 2023. Horizon Databook has segmented the U.S. 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.


Favorable government regulations and acts for monitoring the safety of healthcare IT solutions are expected to fuel the market in the U.S. The Federal Health IT proposed the HITECH Act- Health Information Technology for Economic & Clinical Health (HITECH).

The new programs also comprise establishment of EHRs as well as private & secure electronic health information exchange. In addition, in May 2020, the federal government proposed the Federal Health IT Strategic Plan 2020-2025, which mandates meaningful usage of EHR by healthcare providers.

Further, according to the National Coordinator for Health Information Technology, in 2017, the adoption of certified EHR is 80% among office-based physicians & the adoption of any EHR is 86%, which was 42% in 2008. Such factors are anticipated to increase the market growth.

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  • Our clientele includes a mix of electronic health records market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. electronic health records market , including forecasts for subscribers. This country databook contains high-level insights into U.S. electronic health records market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. electronic health records market size, by product, 2018-2030 (US$M)

U.S. Electronic Health Records Market Outlook Share, 2023 & 2030 (US$M)

U.S. electronic health records market size, by product, 2018-2030 (US$M)

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