Global $65.9 bn wireless electronic health records markets

The “Wireless Electronic Health Records: Technologies and Global Markets 2021-2026” report has been added.

The global wireless electronic health record (EHR) market should reach $65.9 billion by 2026 from $28.8 billion in 2021 at a compound annual growth rate (CAGR) of 18.0% for the forecast period of 2021 to 2026.

This report is designed to be a helpful business tool to provide a thorough evaluation of the wireless EHR market. The geographical scope is worldwide, with an emphasis on major markets such as the United States. This report identifies products by type, application, end user and specialty.

Within the global wireless EHR market by type, two general areas are identified – wireless EHR devices and wireless EHR software -with appropriate subsegments discussed. These include the following categories.

Although Europe, specifically the Nordic countries, was one of the early adopters of EHR technology, advanced EHR systems (that enable device connectivity) are more widespread in the U.S.

The wireless EHR market is expected to be driven by a combination of two key factors: government legislation and incentives. The benefits of device EHR connectivity are improved quality of care, the ability to trim healthcare costs in the wake of chronic diseases and an aging population, and the facilitation of accurate data device capture. According to the West Health Institute, an estimated $36 billion could be saved if medical devices were better integrated with IT systems.

However, the biggest challenge facing the wireless EHR market at present is the development of architecture and standards that would help enable device interoperability. Accordingly, key industry groups such as the Continua Health Alliance and Integrating the Healthcare Enterprise (IHE) have emerged to create profiles that help promote medical device connectivity.

Further, standard development organizations (SDOs) such as ISO, CEN and HL7 are working on standardization in the field of health informatics to help promote interoperability.

The report exclusively includes wireless or mobile technologies with respect to the EHR market. Other allied markets such as the conventional EHR market and electronic medical record (EMR) markets are only covered for overall understanding of the market. However, in-depth market estimates of such markets and stand-alone remote patient monitoring devices are excluded from the scope of the study. PR Newswire