PUBLISHER: The Business Research Company | PRODUCT CODE: 1769607
PUBLISHER: The Business Research Company | PRODUCT CODE: 1769607
Health status record software refers to digital platforms developed to gather, store, and manage an individual's medical history and health-related information. It serves the purpose of tracking health conditions, supporting medical decision-making, and enhancing communication between patients and healthcare professionals.
There are primarily two types of health status record software: cloud-based and web-based. Cloud-based refers to services, applications, or data storage that are hosted online and accessed via the internet, rather than stored locally on a device or in-house server. This software is categorized by components, including software and services. It is applied in areas such as patient management, clinical data management, and population health management, and it is utilized by various end-users including hospitals, clinics, and ambulatory surgical centers.
The health status record software market research report is one of a series of new reports from The Business Research Company that provides health status record software market statistics, including the health status record software industry global market size, regional shares, competitors with the health status record software market share, detailed health status record software market segments, market trends, and opportunities, and any further data you may need to thrive in the health status record software industry. These health status record software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The health status record software market size has grown rapidly in recent years. It will grow from $6.80 billion in 2024 to $7.60 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth during the historic period can be credited to the rising demand for digitized patient information, the enforcement of regulatory mandates for electronic health records, the increasing use of hospital information systems, the expansion of federal incentives for health IT systems, and the heightened emphasis on standardizing healthcare data.
The health status record software market size is expected to see rapid growth in the next few years. It will grow to $11.80 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The anticipated growth in the forecast period can be attributed to the rising demand for remote patient monitoring, an increasing emphasis on personalized healthcare delivery, greater adoption of cloud-based health record solutions, the expansion of telehealth infrastructure, and a growing need for real-time access to health data. Key trends expected during this period include progress in artificial intelligence integration, innovations in data interoperability, swift advancements in mobile health technologies, ongoing research and development in healthcare software, and the evolution of blockchain technology for secure management of patient data.
The rising demand for digital health solutions is anticipated to drive the growth of the health status record software market moving forward. Digital health solutions involve using technologies such as mobile applications, wearable devices, telemedicine, and health information systems to enhance healthcare delivery, accessibility, and outcomes. The growth of digital health solutions is fueled by the increasing need for remote healthcare services, supported by wider access to smartphones and internet connectivity. Health status record software facilitates digital health solutions by offering a centralized, real-time platform for storing and sharing patient information, which enables more informed and efficient remote care. For example, in May 2025, Accretive Edge, a US-based healthcare technology company, reported that telehealth generated $48.37 billion in the U.S. in 2023 and is projected to nearly increase tenfold to $467.8 billion by 2034. Thus, the growing demand for digital health solutions is expected to drive the expansion of the health status record software market.
Key companies in the health status record software market are concentrating on developing advanced technologies, such as health clinical AI agents, to improve clinical decision-making, automate administrative processes, and enhance patient care through real-time data insights and AI-powered assistance. A health clinical AI agent is an artificial intelligence-based tool created to support healthcare professionals by automating routine clinical duties, offering real-time insights, and optimizing workflows within electronic health record systems to improve decision-making and patient care. For example, in October 2024, Oracle Corporation, a US-based software company, introduced its next-generation Electronic Health Record (EHR) system. Oracle's next-generation EHR system is designed to integrate patient data from multiple providers, offering a more connected and comprehensive health record view. It boosts clinical efficiency with AI-driven insights and user-friendly workflows. The system's goals are to enhance patient outcomes, lessen administrative workload, and facilitate more informed decision-making.
In October 2024, Francisco Partners Management L.P., a US-based investment firm, purchased AdvancedMD from Global Payments for $1.1 billion. Through this acquisition, Francisco Partners intends to enhance its standing in the cloud-based healthcare solutions sector by utilizing AdvancedMD's extensive practice management, electronic health record (EHR), and patient engagement tools designed specifically for independent medical practices. AdvancedMD is a US-based company offering cloud-based medical software, including practice management, electronic health records (EHR), and medical billing solutions.
Major players in the health status record software market are McKesson Corporation, General Electric Healthcare, Epic Systems Corporation, eClinicalWorks LLC, Medical Information Technology Inc., Greenway Health LLC, WebPT Inc., CureMD Healthcare, Softclinic Software, DrChrono Inc., RXNT Inc., Amazing Charts LLC, Intrahealth Systems Limited, Allscripts Healthcare LLC, Electronic Medical Records Systems, Knapsack Living, Kareo Inc., OpenEMR Foundation, iPatientCare Inc., and MedicalMine Inc.
North America was the largest region in the health status record software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in health status record software report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the health status record software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The health status record software market consists of revenues earned by entities by providing services such as health monitoring, data sharing, patient engagement, and reporting and analytics. The market value includes the value of related goods sold by the service provider or included within the service offering. The health status record software market includes sales of tablets and mobile devices for on-the-go usage, network infrastructure for data transmission, and biometric or scanning devices. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values generated by organizations in the specified geography within the market, irrespective of where they are produced. They do not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Health Status Record Software Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on health status record software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for health status record software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The health status record software market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.