MarkNtel Advisors recently published a detailed industry analysis of the Latin America Electronic Health Records Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Latin America Electronic Health Records Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
The Latin America Electronic Health Records Market market is projected to grow at a CAGR of around 8.12% during the forecast period, i.e., 2022-2027,
What are the major Driver the Latin America Electronic Health Records industry?
The Growing Government Support to Digitalize Healthcare Units- The government support for upgrading electronic health record services has increased via continuous investment for its expansion & digitalization of the healthcare industry. The framing of guidelines for the computerization of health records, application of 5G, cloud expansion, and others have also driven the demand for EHR in the region. Furthermore, digitization has been the initial development towards the modernization of the record system as a result of a resolution by the Federal Council of Medicine (CFM) in Brazil.
Moreover, the EHR system helps the government in making health strategies & policies related to chronic diseases or pandemics for the citizens. Besides, electronic digitization has replaced obsolete paper notes to provide security & safety to patient data. Thus, the government of countries such as Brazil, Chile, Argentina, and others has been investing extensively for improvement in the Electronic health record system to provide more security & accessibility. For instance:
- In 2020, the Government of Brazil invested more than USD432 million for the computerization of around 15,000 health teams that are serving primary healthcare (PHC) services. The investment would support the implementation of electronic medical records in health centers, facilitating the follow-up of patients seeking care in these services.
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What segments define the Latin America Electronic Health Records Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
By Deployment
- On-premise
- Cloud
According to report, Among them, Cloud holds a significant growth rate in the Latin America Electronic Health Record market.
By Function
- Patient Management
- E-prescription
- Schedule Appointments
- Bill Payment
- Others (Referral Management, etc.)
According to report, Of them all, Patient Management held a significant share in the Latin America Electronic Health Records market during the historical period, owing to the growing number of patients with diseases such as cardiovascular diseases, obesity, diabetes, etc.
By End Users
- Hospitals
- Clinics
- Specialty Centres
- Labs
According to report, Among them, hospitals & clinics witnessed a significant growth rate during the historical period.
Explore the Complete Latin America Electronic Health Records Market Analysis Report –
Geographical Analysis: Latin America Electronic Health Records Market
By Country
- Mexico
- Brazil
- Argentina
- Colombia
- Chile
- Rest of Latin America
Latin America Electronic Health Records Market Share & Competitive Landscape:
The Latin America Electronic Health Records Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Latin America Electronic Health Records Market are:
- Mural Med
- Allscripts Healthcare Solutions Inc.
- GE Healthcare
- Cerner Corporation
- Epic Systems Corporation
- Greenway Health
- McKesson Corporation
- Modernizing Medicine
- NextGen Healthcare
- AdvancedMD
- CureMD
Questions Addressed in this Study
1.What factors are driving the Latin America Electronic Health Records Market growth?
2.How is the Latin America Electronic Health Records Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Latin America Electronic Health Records Market?
4.What is the current size of the Latin America Electronic Health Records Market, and how is it projected to change in the future?
6.What is the future outlook for the Latin America Electronic Health Records Market in terms of technological advancements and market expansion?
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