Research Methodology – Electronic Health Records (EHR) Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Electronic Health Records (EHR) Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Electronic Health Records (EHR) Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Number of healthcare providers adopting EHR systems.
- Cost of EHR software and required hardware.
- Government regulations and incentives for EHR integration.
- Technological advancements in EHR software.
- Market players operating in the EHR industry and their sales revenue.
- Geographical segmentation and adoption rate of EHR systems.
- Market penetration of the different types of EHRs (ambulatory, acute, post-acute).
Key Market Indicators
- Growth rate of healthcare providers adopting EHR systems.
- Trends in government policies and regulations towards EHR systems.
- Market concentration rate of key market players.
- The size of investment in research and development for EHR technologies.
- Market growth rate segments such as by product type (software, hardware), by end-user (Hospital, Clinic, etc.).
- Demographic factors influencing the adoption rate of EHR systems.
Growth Trends
- Adoption of cloud-based EHR systems.
- Increasing integration of artificial intelligence (AI) with EHR systems for predictive analysis.
- The emergence and growth of EHR systems designed for mobile devices.
- Innovation in patient portals to provide better access to health records.
- The growing trend of using EHR data to improve population health management.
- Increased focus on interoperability, allowing for better information exchange across various healthcare systems.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Electronic Health Records (EHR) Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Electronic Health Records (EHR) Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights