Global ambulatory EHR market to spike to $5.2B by 2021

The global ambulatory EHR market is expected to see strong growth over the next four years, according to a market analysis from MarketsandMarket.

Here are five key trends in the market:

1. The global ambulatory EHR market is anticipated to reach $5.2 billion by 2021.

2. The market was valued at $3.92 billion in 2016, and it is expected to experience a compound annual growth rate of 5.8 percent through 2021.

3. The key market growth factors include government support for the adoption of health IT, growing usage of EHR solutions and the need to lower healthcare costs.

4. Heavy infrastructure investments and the high cost of deployment are restricting the growth of the market.

5. In 2016, North America accounted for the largest share of the global market.

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