OBGYN EHR Market Size To Reach $3.3 Billion By 2030

OBGYN EHR Market Growth & Trends

The global OBGYN EHR market size is expected to reach USD 3.3 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 9.50% from 2023 to 2030. The market growth can be attributed to the increasing adoption of electronic health records (EHRs) among gynecologists, increasing demand for EHR for data integration, and new product launches. OBGYN EHR can help gynecologists and obstetricians manage workflow, billing, e-prescribing, clinical documentation, practice management, and secure data transfer. In July 2019, WRS Health announced the launch of ObGyn-Cloud, an electronic health record to help obstetricians and gynecologists optimize their workflow profitably and efficiently.

This is propelling the market growth. The governments of many countries are undertaking various initiatives for the deployment of EHR across various specialties. For instance, under The Health Information Technology for Economic and Clinical Health (HITECH) Act, financial incentives are provided for the meaningful implementation of EHR in the U.S. In June 2022, NHS announced its plans to invest USD 2.4 billion in implementing electronic health records in all community practices and hospitals in the UK.

Thus, strong support from the government is anticipated to drive the market growth. Furthermore, a shift towards value-based care and steps to reduce overall healthcare care are boosting market growth. The COVID-19 pandemic has had a significant impact on the market. As a result of the pandemic, new business bookings, such as client software purchases and projects, were canceled or delayed, which negatively impacted the revenue of key providers. Furthermore, many hospitals suffered revenue losses due to low patient volume, which decreased their investment in digital health technologies.

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OBGYN EHR Market Report Highlights

• Based on the product, the web-based EHR dominated the market in 2022. This can be attributed to the high demand for web-based solutions among physicians

• In terms of applications, the workflow management segment accounted for a major portion of the market in 2022. Electronic health records streamline the complex process of gynecology practices, thereby fueling the segment growth

• The billing segment is anticipated to witness lucrative growth during the forecast period owing to the increasing integration of RCM solutions with electronic health records

• North America dominated the market in 2022 mainly due to strong government support and the strategic presence of key providers

• Asia Pacific is expected to report the fastest growth from 2023 to 2030 due to the growing number of OB-GYN practices in the region and significant developments in healthcare IT infrastructure

OBGYN EHR Market Segmentation

Grand View Research has segmented the global OBGYN EHR market on the basis of product, application, and region:

OBGYN EHR Product Outlook (Revenue, USD Million, 2018 - 2030)

• Client Server-based EHR

• Web-based EHR

OBGYN EHR Application Outlook (Revenue, USD Million, 2018 - 2030)

• Scheduling

• Billing

• Clinical Documentation

• Workflow Management

• Others

OBGYN EHR Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • Japan

  • China

  • India

  • South Korea

  • Australia

  • Thailand

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the OBGYN EHR Market

• InSync Healthcare Solutions

• Practice Fusion, Inc.

• WRS Health

• Bizmatics, Inc.

• Greenway Health, LLC

• CureMD Healthcare

• NXGN Management, LLC

• Infor-Med Inc.

• EndoSoft LLC

• RevenueXL Inc