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Electronic Health Records Market size is set to grow by USD 54.7 billion from 2024-2028, Benefits of EHR leading to rise in adoption boost the market, AI Role and Impact, Technavio

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NEW YORK, Aug. 22, 2024 /PRNewswire/ — The global electronic health records market size is estimated to grow by USD 54.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 17.57%  during the forecast period. Benefits of ehr leading to rise in adoption is driving market growth, with a trend towards rising demand for self-medication and homecare medical devices. However, rising data security and privacy concerns  poses a challenge. Key market players include athenahealth Inc., CareCloud Inc., Computer Programs and Systems Inc., CureMD, Dedalus Group, Dell Technologies Inc., eClinicalWorks LLC, Epic Systems Corp., EverCommerce Inc., General Electric Co., Global Payments Inc., Greenway Health LLC, KareXpert Technologies Pvt. Ltd., McKesson Corp., MEDHOST, Medical Information Technology Inc., Oracle Corp., Siemens AG, Tebra Technologies Inc., and Veradigm LLC.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Electronic Health Records Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 17.57%

Market growth 2024-2028

USD 54.7 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

14.81

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 44%

Key countries

US, Canada, UK, Germany, and China

Key companies profiled

athenahealth Inc., CareCloud Inc., Computer Programs and Systems Inc., CureMD, Dedalus Group, Dell Technologies Inc., eClinicalWorks LLC, Epic Systems Corp., EverCommerce Inc., General Electric Co., Global Payments Inc., Greenway Health LLC, KareXpert Technologies Pvt. Ltd., McKesson Corp., MEDHOST, Medical Information Technology Inc., Oracle Corp., Siemens AG, Tebra Technologies Inc., and Veradigm LLC

Market Driver

The global population aging trend, with over 50% expected to be over 65 years by 2039, is driving the healthcare industry’s shift from diagnosis and cure to prevention. Developing countries in Asia and MEA, with higher population growth, are following suit. Remote healthcare, wireless treatment, and minimally invasive treatments are gaining popularity. Preventive care necessitates investments in home care, remote monitoring, telehealth, and self-monitoring solutions. Self-medication and home-based treatments are on the rise, with increasing awareness of lifestyle disorders and technology adoption. Technological advancements in devices like BP machines, insulin kits, glucose monitors, nebulizers, and oxygen concentrators fuel this trend. Remote communication technologies enable efficient and effective care, making home care and self-care more convenient for consumers, while healthcare professionals benefit from easily accessible patient data. In developing countries, limited healthcare access presents an opportunity for Electronic Health Record (EHR) vendors. Challenges include pricing and distribution, but the growing use of self-care and homecare medical devices will increase the need for data collection and storage in electronic form, making EHRs essential. These factors contribute to the growth of the EHR market during the forecast period. 

The Electronic Health Records (EHR) market is experiencing significant growth due to the digitalization of healthcare. Hospitals, healthcare units, rehabilitation centers, and clinics are increasingly adopting EHR systems to streamline paperwork and improve patient care. The professional services segment is a key driver of this trend, offering consulting and implementation services to advanced healthcare facilities. Chronic diseases and acute segments, including hospitals, ambulatory services, and post-acute care, are major users of EHRs. Doctors and pharmacies also benefit from these systems, accessing patient health history, medicines, allergies, immunization status, lab test results, and hospital discharge instructions. EHRs come in various forms, such as web-based, client server-based, acute, ambulatory, and post-acute. Software technology, including artificial intelligence and cloud storage, enhances EHR functionality. Big data analysis helps in disease management and population health. The geriatric population and patients with complex diseases benefit the most from these advanced systems. EHR service providers offer integrated solutions, including lab systems, radiology systems, and clinical documentation, to healthcare providers. 

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Market Challenges

The digitalization of healthcare workflows and the maintenance of electronic patient records have significantly transformed the healthcare industry. However, the increasing quantity of complex, diverse, and timely data, commonly referred to as big data, has raised concerns over the security and privacy of sensitive medical information. The growing number of cyberattacks in the healthcare sector, fueled by technologies such as clinical mobility, wireless networking, cloud computing, and information exchange, has heightened these concerns. For instance, in 2018 and 2019, American Medical Collection Agency and Dominion National experienced data breaches, potentially compromising the information of millions of patients. Unauthorized access to this data can result in serious consequences, including the obstruction of hospital databases and the unethical use of medical records. These concerns are expected to limit the growth of the global electronic health records market during the forecast period.The Electronic Health Records (EHR) market is growing rapidly as healthcare providers transition from paper records to digital ones. However, implementation comes with challenges. For laboratories, clinics, and advanced healthcare facilities, choosing between Web-based and client server-based EHR systems can be tough. Ambulatory care settings, including clinics, ambulatory surgical centers, and specialty centers, require solutions tailored to their needs. Patient healthcare records include vital information like health history, medicines, allergies, immunization status, lab test results, hospital discharge instructions, and billing information. Integrating lab systems, radiology systems, and pharmacy systems is crucial. Clinical documentation and administrative applications are essential for healthcare financing. EHRs must accommodate the needs of various healthcare providers, including physicians, acute care, and post-acute care. Geriatric population and diseases require special attention. Software technology, including artificial intelligence and cloud storage, can streamline processes. EHR service providers must ensure data security and interoperability. Lab test results, hospital discharge instructions, and billing information are administrative data, while health history, clinical documentation, and clinical trial data are clinical applications. Inpatient EHRs, drugs, devices, and administrative data are crucial for hospitals. On-premise software and cloud-based software offer different advantages. Overall, EHRs bring numerous benefits, but addressing these challenges is key to successful implementation.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This electronic health records market report extensively covers market segmentation by  

Deployment 1.1 On-premises1.2 Cloud-basedComponent 2.1 Services2.2 Software2.3 HardwareGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 On-premises-  On-premises Electronic Health Records (EHR) are self-hosted systems deployed on an organization’s native IT hardware and network. These systems offer physical control and improved data security as the data is managed in-house, with no third-party access. Additionally, they have a low reliance on the Internet since data is stored locally. However, small and medium-sized enterprises (SMEs) may find on-premises EHR less appealing due to the higher costs associated with the additional hardware and IT infrastructure required. Large enterprises, with sufficient resources, continue to prefer on-premises EHR for its enhanced security features and control. With growing concerns around data privacy and security, the demand for on-premises EHR is expected to rise in the global electronic health records market. Despite the benefits, on-premises EHR implementation comes with challenges such as duplicate data entry, interface issues, and customization expenses due to the need for integration with other business software.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Electronic Health Records (EHR) market is experiencing significant growth due to the digitalization of healthcare and the increasing need to manage complex patient data. The professional services segment plays a crucial role in implementing and managing EHR systems in hospitals and healthcare units. EHRs help streamline workflows, reduce paperwork, and improve patient care, particularly for those with chronic diseases. EHRs come in various forms, including Web-based and client server-based systems. Acute EHRs cater to the needs of hospitals and emergency departments, while Ambulatory EHRs are designed for outpatient care. Post-acute EHRs serve rehabilitation centers and long-term care facilities. EHRs integrate with various healthcare systems, such as lab systems, radiology systems, and pharmacy systems, to provide a comprehensive view of a patient’s healthcare records. They include clinical documentation, health history, medicines, allergies, and other vital information. Healthcare providers in advanced healthcare facilities use EHRs to access real-time patient data, improving diagnosis and treatment plans. Big data analytics derived from EHRs can also aid in population health management and research.

Market Research Overview

The Electronic Health Records (EHR) market is a dynamic and growing sector in the healthcare industry. It enables professional services segments, including hospitals, healthcare units, rehabilitation centers, and clinics, to digitize patient’s healthcare records, reducing paperwork and streamlining processes. EHR systems cater to various segments such as acute, post-acute, and ambulatory care, including Ambulatory Surgical Centers, laboratories, pharmacies, and specialty centers. These systems store essential data like health history, medicines, allergies, immunization status, lab test results, hospital discharge instructions, billing information, and administrative data. EHRs utilize advanced software technology, including artificial intelligence and cloud storage technology, to facilitate efficient data management and access. The geriatric population and those with chronic diseases significantly benefit from these systems. EHR service providers offer on-premise and cloud-based solutions to cater to diverse client needs. The market encompasses various applications, including clinical documentation, healthcare financing, and administrative applications, to enhance the overall quality of patient care.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentOn-premisesCloud-basedComponentServicesSoftwareHardwareGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

DCCM Acquires Dynamic Solutions, LLC Expanding Water Resources Expertise

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DCCM has acquired Dynamic Solutions, LLC, a consulting firm recognized for advanced water resources, hydraulic, and hydrodynamic modeling. Dynamic Solutions expands DCCM’s technical capabilities in water and environmental modeling to better serve complex infrastructure and water-related client needs. Dynamic Solutions, founded in 1996 and offering services including watershed/hydrology studies, sediment transport, water quality, and ecological modeling, will continue operating with its existing leadership and team.

HOUSTON, May 4, 2026 /PRNewswire-PRWeb/ — DCCM, a national provider of design, consulting, and program and construction management professional services, is pleased to announce the acquisition of Dynamic Solutions, LLC, a specialized consulting firm known for advanced water resources, hydraulic, and hydrodynamic modeling.

“This acquisition expands DCCM’s technical capabilities in advanced water and environmental modeling while strengthening our ability to serve clients facing complex infrastructure and water-related challenges,” said James F. (Jim) Thompson, PE, Chairman and CEO of DCCM.

Founded in 1996, Dynamic Solutions is nationally recognized for its expertise in hydraulic and hydrodynamic modeling, watershed and hydrology studies, sediment transport, water quality, and ecological modeling. The firm supports clients across federal, state, and local markets, as well as select technical advisory engagements, delivering analytical solutions for complex water and environmental challenges.

Dynamic Solutions operates from offices in Knoxville, Tennessee; Baton Rouge, Louisiana; Columbus, Mississippi; and Hamilton, Ohio, supporting projects nationwide.

“This acquisition expands DCCM’s technical capabilities in advanced water and environmental modeling while strengthening our ability to serve clients facing complex infrastructure and water-related challenges,” said James F. (Jim) Thompson, PE, Chairman and CEO of DCCM. “Dynamic Solutions brings a depth of expertise and a reputation for technical excellence that aligns well with our long-term growth strategy.”

Dynamic Solutions will continue to operate with its existing leadership and team, maintaining its specialized service offerings and longstanding client relationships.

“Joining DCCM allows us to build on the outstanding work our team is known for while gaining access to broader resources and a national platform,” said Julie Wallen of Dynamic Solutions. “We look forward to continuing to deliver the same high level of service to our clients as part of the DCCM organization.”

About Dynamic Solutions, LLC

Dynamic Solutions, LLC is a consulting firm specializing in hydraulic and hydrodynamic modeling, watershed and hydrology studies, sediment transport, water quality, and ecological modeling. Founded in 1996, the firm serves public sector and institutional clients across the United States.

About DCCM

DCCM is a provider of design, consulting, and program and construction management professional services focused on infrastructure across the public and private sectors. Through a national platform, DCCM serves a diverse range of end markets.

DCCM is a portfolio company of Court Square Capital Partners.

For more information, please visit www.dccm.com.

Media Contact

Jessica Steglich, DCCM, 1 7138749162, marketing@dccm.com, dccm.com

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SOURCE DCCM

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Modine to Participate in Upcoming Oppenheimer Virtual Conference on May 5, 2026

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RACINE, Wis., May 4, 2026 /PRNewswire/ — Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will participate in the Oppenheimer 21st Annual Industrial Growth Conference on Tuesday, May 5, 2026.

Neil D. Brinker, Modine President and Chief Executive Officer, and Michael B. (Mick) Lucareli, Executive Vice President and Chief Financial Officer, will participate in a virtual fireside chat during the conference on Tuesday, May 5, 2026, at 1:30 p.m. Eastern time (12:30 p.m. Central Time).

Live webcasts of the event will be available in the Investor Relations section of Modine’s website www.modine.com. Recordings of the events will be available for 365 days following the webcast.

About Modine
For more than 100 years, Modine has solved the toughest thermal management challenges for mission-critical applications. Our purpose of Engineering a Cleaner, Healthier World™ means we are always evolving our portfolio of technologies to provide the latest heating, cooling, and ventilation solutions. Through the hard work of more than 11,000 employees worldwide, our Climate Solutions, Data Centers, and Performance Technologies segments advance our purpose with systems that improve air quality, reduce energy and water consumption, lower harmful emissions, and enable the transition to a more sustainable future. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe, and Asia. For more information about Modine, visit modine.com.

Investor Contact
Kathleen Powers
(262) 636-1687
kathleen.t.powers@modine.com

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Blaize and Winmate Sign Strategic Partnership Agreement to Bring AI to Rugged Systems for Defense and Critical Infrastructure

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Joint solutions combine Blaize’s energy-efficient and industrial-grade AI chips with Winmate’s rugged platforms – including drones, handhelds, vehicle-mounted units, and embedded edge devices used by defense, border security, maritime, and healthcare operators.

TAIPEI and EL DORADO HILLS, Calif., May 4, 2026 /PRNewswire/ — Blaize Holdings, Inc. (Nasdaq: BZAI, Nasdaq: BZAIW) (“Blaize,” the “Company,” “we,” “our,” or “us”), and Winmate Inc., a publicly traded company in Taiwan, today announced they have signed a Strategic Partnership Agreement (“Agreement”) with an intent to close approximately $15 million in business during the first year. The two companies will integrate Blaize’s AI chips into Winmate’s rugged systems, including drones, handhelds, vehicle-mounted units, and embedded devices that have to keep working in the field, often in places where regular hardware can’t survive.

The companies expect the Agreement to be the start of a much larger, multi-year relationship.

Why this partnership matters

Most AI today runs in large data centers rather than at the edge, where decisions must be made in real time. This model is often impractical for soldiers at remote posts, Coast Guard crew at sea, or medics in field clinics. They often don’t have a reliable network connection, and even when they do, they can’t afford to wait for an application to respond from halfway across the globe.

That’s the gap Blaize and Winmate intend to address through this partnership. Blaize’s chips were designed to industrial grade specifications and run AI directly on the device, with no cloud dependency. Winmate’s systems are purpose-built to perform in extreme environments, including heat, cold, dust, vibration, and rough handling. Together, they deliver real-time AI capabilities exactly where it’s needed, whether in drones, field units, the patrol vehicles, or diagnostic devices.

A fast-growing market

Demand for on-device AI is accelerating. According to BCC Research[1], the global edge AI market is projected to grow from $11.8 billion in 2025 to $56.8 billion by 2030, a 36.9% compound annual growth rate. Defense agencies, governments, hospitals, ports, and critical infrastructure operators all demand AI that can run securely on their equipment, without sending sensitive data over public networks.

From the leaders

“Our customers can’t wait, and they often can’t rely on the cloud. They need AI that runs where the work happens. Winmate makes some of the most capable rugged systems in the industry, and our chips are designed to run AI inside exactly those kinds of devices. This partnership turns a years-long vision into a practical, deployable answer for defense and critical infrastructure operators,” said Dinakar Munagala, CEO of Blaize, Inc.

“Our platforms are deployed on naval vessels, in border outposts, on industrial sites, and in disaster zones – environments where most hardware fails. With Blaize, we can now deliver those same systems with on-device AI built in, giving customers real-time intelligence wherever they operate,” said Ken Lu, Chairman and CEO of Winmate Inc.

Target applications

Border security and surveillance: Real-time threat detection and perimeter monitoringMobile command and control: On-site intelligence and situational awareness for field teamsDrones and unmanned systems: Autonomous navigation and mission execution for UAVs and ground vehiclesCritical infrastructure: Continuous monitoring and predictive analytics for power, ports, and transportationMaritime domain awareness: Vessel tracking and anomaly detection at seaField healthcare: Portable diagnostics and decision support in remote and disaster environments

Deal at a glance

First-year revenue: the parties intend to work in good faith to close approximately $15 million in business, expected to scale meaningfully in subsequent yearsTerm: Three-year initial term, with automatic renewalNext steps: Joint engineering, sales, and marketing execution to bring integrated systems to market, with additional opportunities to be added through follow-on programs

[1] BCC Research, “Global Edge AI Market,” October 2025

About Blaize, Inc.

Blaize delivers a programmable AI platform, purpose-built for AI inference workloads in real-world environments. Its Hybrid AI architecture combines the Blaize GSP (Graph Streaming Processor) with GPU-based infrastructure, enabling AI inference workloads to run across edge, cloud, and data center. Blaize solutions support computer vision, multimodal AI, and sensor-driven applications across smart cities, industrial automation, telecommunications, retail, logistics, and defense. Blaize is headquartered in El Dorado Hills, California, with a global presence across North America, Europe, the Middle East, and Asia. Visit www.blaize.com or follow us on LinkedIn @blaizeinc.

About Winmate Inc.

Winmate Inc. is a publicly traded global leader in rugged computing systems, delivering industrial-grade platforms – including handhelds, tablets, vehicle-mounted units, panel PCs, and embedded modules – for demanding environments across defense, transportation, energy, healthcare, and industrial markets.

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”) that are based on beliefs and assumptions and on information currently available to Blaize, including expectations and scope of customer contracts, including the Strategic Partnership Agreement with Winmate, the potential value and the timing of revenue pursuant to such contracts, preliminary estimates of results of operations and guidance on results for future periods, the industry in which Blaize operates, market opportunities, and product offerings. In some cases, you can identify forward-looking statements by the following words: “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “target,” “seek” or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to those factors discussed under the heading “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 24, 2026, and other documents filed by Blaize from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Blaize assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law, including the securities laws of the United States and the rules and regulations of the SEC. Blaize does not give any assurance that it will achieve its expectations.

Blaize Contact

press@blaize.com
www.blaize.com 

Investors

ir@blaize.com
www.blaize.com 

Winmate Inc.

Liu, Chih-Yuan
Tel: +886-2-8511-0288
Email: spokesman1@winmate.com.tw
https://www.winmate.com/ 

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