According to the research report titled ‘Global Ambulatory EHR Market Size study, by Deployment mode (Cloud-based, On-premise), by Practice size (Large Practices, Small-to-Medium-sized Practices, c Solo Practices), by Application (Practice Management, Patient Management, e-Prescribing Referral Management, Population Health Management, Decision Support, Health Analytics), by End-User (Hospital-Owned Ambulatory Centers, Independent Centers) and Regional Forecasts 2020-2027‘, available with Market Study Report, global ambulatory EHR market was remunerated at USD 4.9 billion in 2019 and is expected to experience a CAGR of 5.7% through 2027.
 

Widespread adoption of digital solutions owing to rising digitization and virtualization, resulting in enhanced medical record management across the network of hospitals and healthcare research centers is propelling the growth of global ambulatory EHR market. Further, constant efforts by the governments for maintaining and expanding databases containing patient health information is fueling the market growth.
 

Notably, a digital edition of patient’s on-paper health report is known as electronic health record (EHR). Adoption of strategies such as product launch, mergers and acquisition, partnerships and agreements, investment, funding and others, by major companies to gain competitive advantage is positively contributing to worldwide ambulatory EHR industry outlook.
 

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Considering the end-user spectrum, the market is segmented into independent centers and hospital-owned ambulatory centers. With regards to application scope, the industry is bifurcated into population health management, patient management, health analytics, referral management, decision support, e-prescribing, and practice management. Based on practice size, global ambulatory EHR industry is segmented into large practices, solo practices, and small-to-medium-sized practices. Speaking of the deployment mode, the industry is bifurcated into on-premise and cloud based.
 

Based on regional analysis, North America market is generating large revenues in recent times mainly due to rise in adoption of EHR, and high healthcare spending in the region. Additionally, investments made by the US federal government for the digital transformation of the healthcare sector is swaying the business dynamics forward.   
 

Meanwhile, Asia Pacific ambulatory EHR industry is expected to experience a strong CAGR over 2020-2027, owing to investments and reforms for enhancement of healthcare infrastructure in China, presence of digital healthcare scenario in India, and adoption of HCIT in Japan.
 

Major players influencing global ambulatory EHR market trend includes Medical Information Technology, Inc., Medical Transcription Billing Corporation (MTBC), eClinicalWorks, Computer Programs & Systems Inc. (CPSI), Modernizing Medicine Inc., NextGen Healthcare Inc., Cerner Corporation, Allscripts Healthcare Solutions Inc., athenahealth Inc., and Epic Systems Corporation.