United Kingdom Electronic Medical Records Market Size, Share, and COVID-19 Impact Analysis, By Product (On-Premises, Web-Based EHR, and Cloud-Based EHR), By Type (Acute and Ambulatory), and United Kingdom Electronic Medical Records Market Insights, Industry Trend, Forecasts to 2033

United Kingdom Electronic Medical Records Market Insights Forecasts to 2033

• The United Kingdom Electronic Medical Records Market Size Was Valued at USD 1.55 Billion in 2023.
• The United Kingdom Electronic Medical Records Market Size is Growing at a CAGR of 11.17% from 2023 to 2033
• The United Kingdom Electronic Medical Records Market Size is Expected to reach USD 4.47 Billion by 2033

The United Kingdom Electronic Medical Records Market Size is Anticipated to Exceed USD 4.47 Billion By 2033, Growing at a CAGR of 11.17% from 2023 to 2033. The increasing demand for integrated healthcare systems, technological advancements in EMR systems, government initiatives & regulations, and integration of advanced technologies and cloud-based EMR solutions are driving the growth of the electronic medical records market in the UK.     

Market Overview

The electronic medical records market refers to the industry of digital patient health information management systems. An electronic medical record (EMR) is a digital version of a patient’s paper chart, containing medical information and treatment history that is primarily used within a single healthcare organization. The systems provide a digital, real-time, and comprehensive record of a patient’s health data. The growing digitalization in the healthcare industry leads to the popularity of electronic health records (EHR). Numerous government initiatives promote the use of electronic medical records by physicians and investment in education for healthcare information technology professionals. The continuous expansion in the area of cloud-based solutions, AI integration, and data interoperability is the several factors included in the EMR market growth. Further, the growing adoption of digital healthcare and the demand for improved patient care and efficiency are driving the market demand for electronic medical records.

Report Coverage

This research report categorizes the market for the UK electronic medical records market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom electronic medical records market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK electronic medical records market.

Driving Factors

The increasing demand for integrated healthcare systems in EHR for improving patient care, enhancing efficiency, and reducing errors is driving the market demand. Technological advancements in EMR systems, including cloud computing, AI/machine learning, blockchain, telehealth, and interoperability for managing patient data, patient communication, and delivering care, are escalating the market growth. In addition, government initiatives & regulations, as well as the integration of advanced technologies, are promoting the market growth.

Restraining Factors

The concerns regarding data privacy & security are challenging the electronic medical records market. The high initial cost of implementation, especially for smaller healthcare providers, may hamper the market growth.

Market Segmentation

The United Kingdom electronic medical records market share is classified into product and type.  

• The web-based segment held the largest share of the electronic medical records market in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.

The United Kingdom electronic medical records market is segmented by product into on-premises, web-based, and cloud-based. Among these, the web-based segment held the largest share of the electronic medical records market in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Web-based EMRs are cloud-based systems in which data is stored externally and can be accessed via the internet. The superior scalability, cost-effectiveness, and ease of accessibility of web-based EMR are responsible for driving the market in the web-based EMR segment.

• The ambulatory segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the projected period.

The United Kingdom electronic medical records market is segmented by type into acute and ambulatory. Among these, the ambulatory segment dominated the market with the largest market share in 2023 and is expected to grow at a significant CAGR during the projected period. Ambulatory medical records are an electronically stored file of a patient’s outpatient medical records, including all surgeries and care. The increasing focus on streamlining an efficient workflow and robust data management offered by EHRs is contributing to propelling the market growth in the ambulatory segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the U.K. electronic medical records market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Epic Systems Corp
• InPS
• System C & Graphnet Health
• TPP
• Cerner Healthcare
• Allscripts
• GE Healthcare
• Athenahealth
• NextGen Healthcare
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In November 2023, GE Healthcare received U.S. FDA 510(k) Clearance for the new version of Digital Expert Access with remote scanning, the first remote patient scan solution with 510(k) Clearance.

• In October 2023, United Medical, LLC, a multi-specialty ambulatory network with more than 225 full-service healthcare providers, expanded its 20-year relationship with Oracle Health by another seven years.

Market Segment

This study forecasts revenue at U.K., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Electronic Medical Records Market based on the below-mentioned segments:

UK Electronic Medical Records Market, By Product

• On-Premises
• Web-Based EHR
• Cloud-Based EHR

UK Electronic Medical Records Market, By Type

• Acute
• Ambulatory