The Latin America Electronic Health Records Market size is projected to grow at a CAGR of around 8.12% during the forecast period, i.e., 2022-2027 According to MarkNtel Advisors Study.
Latin America Electronic Health Records Market Driver:
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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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Latin America Electronic Health Records Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2021
-Historical Period: 2017 to 2020
-Forecast Period: 2022 to 2027
- By Deployment
- On-premise
- Cloud
- By Function
- Patient Management
- E-prescription
- Schedule Appointments
- Bill Payment
- Others (Referral Management, etc.)
- By End Users
- Hospitals
- Clinics
- Specialty Centres
- Labs
- By Country
- Mexico
- Brazil
- Argentina
- Colombia
- Chile
- Rest of Latin America
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Mural Med, Allscripts Healthcare Solutions Inc., GE Healthcare, Cerner Corporation, Epic Systems Corporation, Greenway Health, McKesson Corporation, Modernizing Medicine, NextGen Healthcare, AdvancedMD, CureMD are looking forward to strengthening their market positions.
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