Analysis By Installation Type (Cloud-Based, and On-Premise); Type (Acute EHR, Ambulatory EHR, and Post-Acute EHR); End User (Hospitals, Pharmacies, Diagnostic and Imaging Centers, Ambulatory Care Centers, and Other End Users)
No. of Pages:103
Report Code:
TIPRE00023497
Category:
Technology, Media and Telecommunications
South and Central America Electronic Health Record (EHR) Market
Electronic health record (EHR) is a digital version of patient’s medical records. EHRs are patient-centred and real-time records, that make patient data available instantly and securely to authorized healthcare professionals. It contains patient's medical history, medications, allergies, treatment plans, diagnoses, immunization dates, radiology images, and laboratory test results.
Thus, an increasing adoption of Electronic Health Records (EHRs) is expected to create a significant demand for electronic health record (EHR) in the coming years, which is further anticipated to drive the electronic health record (EHR) market.
The outbreak of COVID–19 has severely impacted the flow of medical services in the region. Also, the countries are popular for medical tourism, which is also affected by the pandemic. Brazil, Argentina, Peru, Chile, Uruguay, Colombia are affected by the second wave of corona infection. Among which Brazil has registered the majority of the deaths. Moreover, countries are significantly dependent on the US and European countries for their medical resources. Thus, the region's market has experienced a significant slowdown and is expected to face the same in the following two to three years.
Market Overview and Dynamics
The Electronic health record (EHR) market in South and Central America is expected to grow from US$ 458.6 million in 2021 to US$ 607.5 million by 2028; it is estimated to grow at a CAGR of 4.1% from 2021 to 2028. Increasing adoption of the patient-centric approach by healthcare payers and rising demand for electronic health records (EHRs) are contributing to the market growth. EHRs are becoming increasingly popular as the digitization of the healthcare industry is growing at a significant rate. According to Definitive Healthcare data from 2020, more than 89% of all hospitals have implemented inpatient or ambulatory EHR systems. Further, as per the World Health Organization (WHO), more than 50% of upper-middle- and high-income countries have adopted national EHR systems. Governments worldwide are focusing on laying down the standards, regulations, and infrastructure for maintaining health records, which is increasing the demand for patient portals. With the facts and statistics stated above, it is evident that the EHRs adoption rate is expected to improve during the forecast period.
Key Market Segments
In terms of installation type, the cloud-based segment accounted for the largest share of the South and Central America electronic health record (EHR) market in 2020. In terms of type, the acute EHR segment accounted for the largest share of the South and Central America electronic health record (EHR) market in 2020. In terms of end user, the hospitals segment held a larger market share of the electronic health record (EHR) market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the electronic health record (EHR) market in South and Central America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Cerner Corporation, Allscripts Healthcare Solutions, Inc., McKesson Corporation, and Epic Systems Corporation.
Reasons to buy report
To understand the South and Central America electronic health record (EHR) market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for South and Central America electronic health record (EHR) market
Efficiently plan M&A and partnership deals in South and Central America Electronic health record (EHR) market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South and Central America Electronic health record (EHR) market
Obtain market revenue forecast for market by various segments from 2021-2028 in South and Central America region.
SOUTH AND CENTRAL AMERICA ELECTRONIC HEALTH RECORD (EHR) MARKET SEGMENTATION
ByInstallationType
Cloud-Based
On-Premise
ByType
Acute EHR
Ambulatory EHR
Post-Acute HER
ByEnd User
Hospitals
Diagnostic and Imaging Centers
Ambulatory Care Centers
Pharmacies
Other
By Country
South and Central America
Brazil
Argentina
Rest of South and Central America
Companies Mentioned
Cerner Corporation
Allscripts Healthcare Solutions, Inc.
McKesson Corporation
Epic Systems Corporation.
South and Central America Electronic Health Record (EHR) Market Strategic Insights
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South and Central America Electronic Health Record (EHR) Market Segmentation Analysis
South and Central America Electronic Health Record (EHR) Market Report Highlights
South and Central America Electronic Health Record (EHR) Report Scope
Report Attribute
Details
Market size in 2021
US$ 458.6 Million
Market Size by 2028
US$ 607.5 Million
CAGR (2021 - 2028)
4.1%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Installation Type
Cloud-Based
On-Premise
By Type
Acute EHR
Ambulatory EHR
Post-Acute EHR
By End User
Hospitals
Pharmacies
Diagnostic and Imaging Centers
Ambulatory Care Centers
Other End Users
Regions and Countries Covered
South and Central America
Brazil
Argentina
Rest of South and Central America
Market leaders and key company profiles
Cerner Corporation
Allscripts Healthcare Solutions, Inc.
McKesson Corporation
Epic Systems Corporation.
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South and Central America Electronic Health Record (EHR) Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - South and Central America Electronic Health Record (EHR) Market
Cerner Corporation
Allscripts Healthcare Solutions, Inc.
McKesson Corporation
Epic Systems Corporation.
Frequently Asked Questions
How big is the South and Central America Electronic Health Record (EHR) Market?
The South and Central America Electronic Health Record (EHR) Market is valued at US$ 458.6 Million in 2021, it is projected to reach US$ 607.5 Million by 2028.
What is the CAGR for South and Central America Electronic Health Record (EHR) Market by (2021 - 2028)?
As per our report South and Central America Electronic Health Record (EHR) Market, the market size is valued at US$ 458.6 Million in 2021, projecting it to reach US$ 607.5 Million by 2028. This translates to a CAGR of approximately 4.1% during the forecast period.
What segments are covered in this report?
The South and Central America Electronic Health Record (EHR) Market report typically cover these key segments-
Installation Type (Cloud-Based, On-Premise)
Type (Acute EHR, Ambulatory EHR, Post-Acute EHR)
End User (Hospitals, Pharmacies, Diagnostic and Imaging Centers, Ambulatory Care Centers, Other End Users)
What is the historic period, base year, and forecast period taken for South and Central America Electronic Health Record (EHR) Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South and Central America Electronic Health Record (EHR) Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in South and Central America Electronic Health Record (EHR) Market?
The South and Central America Electronic Health Record (EHR) Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Cerner Corporation
Allscripts Healthcare Solutions, Inc.
McKesson Corporation
Epic Systems Corporation.
Who should buy this report?
The South and Central America Electronic Health Record (EHR) Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the South and Central America Electronic Health Record (EHR) Market value chain can benefit from the information contained in a comprehensive market report.
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