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Executive Summery
This report presents a detailed overview of the Latin America Electronic Health Records Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2022-27. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Latin America Electronic Health Records industry landscape.
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Latin America Electronic Health Records Market Statistics and Key Highlights
The Latin America Electronic Health Record market is projected to grow at a CAGR of around 8.12% during the forecast period, i.e., 2022-2027, owing to the benefits of EHR, such as storing patients’ medical history, diagnosis, immunization dates, laboratory test results, etc.
- Latin America Electronic Health Records market shows steady growth
- Market size expanding due to rising industry demand
- Competitive landscape driven by tech and innovation
- Detailed segment-wise and geography wise share analysis
- Forecast reveals strong trends shaping future outlook
Key Player- Emerging Latin America Electronic Health Records Companies
- Mural Med
- Allscripts Healthcare Solutions Inc.
- GE Healthcare
- Cerner Corporation
- Epic Systems Corporation
- Greenway Health
- McKesson Corporation
- Modernizing Medicine
- NextGen Healthcare
- AdvancedMD
- CureMD
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Key Driver:
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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Latin America Electronic Health Records Market Segmentation
By Deployment
- On-premise
- Cloud
By Function
- Patient Management
- E-prescription
- Schedule Appointments
- Bill Payment
- Others (Referral Management, etc.)
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., in the countries like Mexico, Brazil, etc.
By End Users
- Hospitals
- Clinics
- Specialty Centres
- Labs
By Country
- Mexico
- Brazil
- Argentina
- Colombia
- Chile
- Rest of Latin America
Of all the regions, Mexico attained the highest market share in the Latin America Electronic Health Record market during 2017-21, owing to the implementation of well-developed healthcare policies that encourage the adoption of EHR in private, public, and healthcare institutions as well as a growing inclination to promote an interoperable platform that allows the integration of data from existing & future EHR.
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