According to Cognitive Market Research, The global electronic medical records market size is USD 28.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 4.50% from 2023 to 2030.
The demand for electronic medical records is rising because of increased government initiatives and regulations, better patient care and safety, and a growing emphasis on population health management, all necessary to enhance outcomes for patient populations.
The demand for software in electronic medical records remains high because care team members are better able to work together due to the electronic medical records system's secure communication capabilities.
Cloud-based systems held the highest electronic medical records market revenue share in 2023.
Asia-Pacific electronic medical records market will continue to lead, whereas the Middle East and Africa electronic medical records tools market will experience the most substantial growth until 2030.