The Electronic Health Records Market Is Expected to Exceed $39 Billion By 2026Palm Beach, FL – June 17, 2021 – In the past few years, in many countries, the adoption of electronic medical records technology is upsurging at a fast pace and is creating a new and growing global market… The Electronic Health Records Market (EHR). It is occurring because of the realization of the masses that to gain top-quality care at lower costs, implementation of a robust health information technology (HIT) is extremely vital. EHR is used extensively in clinical applications, such as decision supports, results management, order entry and support, and health information and data. It is also used in healthcare financing, as well as administrative applications. A recent report from Fortune Business Insights said that the global electronic health records (HER) market is set to gain momentum from the introduction to artificial intelligence (AI) in the healthcare industry. AI not only helps clinicians in diagnosing a patient’s condition, but also recognizes historical trends of the patient. The report further states that the EHR market size stood at USD 26,200.48 Million in 2018 and is projected to reach USD $39,913.16 Million by 2026, exhibiting a CAGR of 5.4% during the forecast period. Active companies in the markets this week include Teladoc Health, Inc. (NYSE:
TDOC), NxGen Brands Inc. (OTCPK: NXGB), 111, Inc. (NASDAQ:
YI), 1Life Healthcare, Inc. (NASDAQ:
ONEM), CloudMD Software & Services Inc. (OTCQB: DOCRF) (TSXV: DOC).