Digital Health refers to the utilization of information and communication technologies in medicine and other health-related fields to control diseases and health risks and to encourage well-being. An Electronic Health Record is an electronic version of a patient’s medical history that is kept over time by the provider and may include all of the critical administrative clinical data related to that person’s treatment under a specific provider, such as demographics, progress notes, issues, prescriptions, vital signs, prior medical history, vaccinations, laboratory results, and radiology reports. GlobalData uses proprietary data and analytics to provide a comprehensive report on the electronic health records market in Canada. Buy the latest report here.
In 2023, GlobalData’s Market Model methodology determined that the leading player in the electronic health records market in Canada was Cerner followed by Constellation Software, Concentrix, Veradigm and Leidos.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Electronic Health Records include Cloud-Based Systems and Remote Systems. A Cloud, or internet-based computer system, consists of infrastructure, platforms, or software systems that are hosted by external providers. Remote Systems are used where the Electronic Health Record data is stored on the servers of another organization.
The electronic health records market in Canada can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size electronic health records in Canada, buy the report here.
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