IoT Market in Electronic Health Record Management Systems – North America is expected to account for higher market share of more than 40% driven due to Health Information Technology for Economic and Clinical Health (HITECH) Act proposed by the Federal Health IT Strategic Plan mandates the meaningful use of EHR by healthcare providers – Global Market Analysis 2013 – 2017 and Forecast 2018 – 2024

IoT market in Electronic Health Record Management Systems is expected to grow at a higher rate in the forecast period is due to increasing demand in restructured electronic healthcare systems and the increasing level of advancement in the field of healthcare IoT. Further, rising demand for technologically advanced data management systems, increasing demand for remote monitoring process, rising aged population and increasing demand for advanced healthcare facilities also drive the market. However, concerns regarding increasing product costs may hamper the market growth in the forecast period.

Growing demand for the information collection by the healthcare organisation, growing various kinds of patient level and government initiatives to implement the IoT market in IoT market in Electronic Health Record Management Systems also drive the market.

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North America had the highest market share in 2017 primarily driven by Health Information Technology for Economic and Clinical Health (HITECH) Act proposed by the Federal Health IT Strategic Plan mandates, which further provided a proper usage of EHR for the healthcare providers. U.S. and Canada are the major countries contributes major share in North American region as almost all of healthcare organisations in both the countries have successfully implemented Electronic Health Record for patients to help the patients in remote care facilities.

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Asia-Pacific has the highest growth rate, driven by rising development of IoT market in Electronic Health Record Management Systems. China and India are the major countries contributing higher market share out of the Asia-Pacific market due to increasing investment from the government towards advancing the healthcare facilities. China has the highest market in the region driven by presence of home for production of low-cost electronic chips and components used for electronic health records.

The cloud-based software products are having highest market in 2017 and expected to have higher growth rate in the forecast period. The growth rate of the market is driven by increasing demand for convenience in the clinics, pharmacies, and small-scaled laboratories. Cloud-based software need limited requirement for the hardware infrastructure and which reduces the cost of installation, and thus, drive the market.

IoT market in Electronic Health Record Management Systems

Market Segmentation
• By Products
o Cloud-Based Software
o On-Premise Software

• By Type
o Inpatient EHR
o Ambulatory EHR

• By Applications
o Clinical Application
o Administrative Application
o Reporting in Healthcare System
o Healthcare Financing
o Clinical Research Application

• By Applications
o Hospital
o Clinics
o Specialty Centers
o Other

The above data will be provided for following regions/countries from 2013-2024 (USD Million)

• North America
o U.S.
o Canada

• Europe
o Germany
o UK
o France
o Spain
o Italy

• Asia Pacific
o China
o India
o Japan
o Australia

• Latin America
o Argentina
o Brazil
o Mexico

• Middle East and Africa
o South Africa
o Saudi Arabia

What information is covered in report?

• Actual market numbers from 2013-2017, estimates and forecasts from 2018 to 2024
• Detailed market segmentation and market share analysis of each segment
• Impact analysis of various drivers and trends
• Market segmentation and landscape
• Competitive landscape, 2017

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