PUBLISHER: Grand View Research | PRODUCT CODE: 1587454
PUBLISHER: Grand View Research | PRODUCT CODE: 1587454
The North America electronic health records market size is anticipated to reach USD 17.34 billion by 2030 and is anticipated to expand at a CAGR of 2.84% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market's growth can be attributed to the increase in proactive government initiatives to enhance healthcare information technology (HCIT) usage, growing trend of preventive healthcare & rising funding for digital health solutions startups, and rise in demand for centralized & streamlined healthcare administration across North America.
Moreover, the growing partnerships & collaborations of local service providers with major electronic health record (EHR) providers to offer EHR products and services in North America are expected to propel the market's growth over the forecast period. The rising partnership by industry providers to increase their capabilities, improve their competencies, and expand their product & service portfolios. For instance, in April 2024, Auxilio Mutuo Hospital, a private nonprofit hospital, partnered with Oracle to provide staff and clinicians with a comprehensive, simplified view of patient's health data by selecting Oracle Health's EHR. In addition, the hospital chose Oracle Health's RevElate Patient Accounting to provide an automated billing process and bring together a convenient, clear view of clinical & financial data.