South and Central America Master Patient Index Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Software, and Service); Deployment (Cloud-based, and On premises)
Market Introduction
Master patient index (MPI) is an essential as well as critical part of every hospital or a healthcare facility center. To maintain the huge database of patients’ MPI software or systems are used. MPI software or system is a primary feature build in the electronic health record (HER) to maintain a universal identity of patients at the organizational level. MPI helps in connecting patient records from several databases and reduces data duplication of patients. MPI also helps avoiding inaccuracy of data resulting in improper treatments.
Thus, the adoption of cloud-based technologies is expected to create a significant demand for master patient index software in the coming years, which is further anticipated to drive the master patient index software market.
The COVID? 19 pandemic is a critical test for the already overburdened and underfunded public healthcare systems of South and Central America. It suffers from severe inequalities. State-run hospitals and clinics are already overstressed by treating vector?borne diseases and community?acquired infections, and high rates of non?communicable diseases (NCDs). Also, the prevention and treatment of NCDs have been critically affected since the onset of the COVID-19 in the region, as per the Pan American Health Organization (PAHO). Before COVID-19, approximately 81% of all deaths in the region were due to NCDs. An estimated 62 million people live with diabetes, and 1.2 million live with cancer in South and Central America. Moreover, in South and Central America, the Gross Domestic Product (GDP) and central government healthcare expenditure are significantly lower than in developed countries. In 2018, as per the United Nations Economic Commission for Latin America (CEPAL), 16 South American countries invested less than 4% of their GDP in healthcare. The consequences of a lack of investment in public healthcare systems are reflecting during the pandemic. The COVID?19 pandemic is exacerbating these inequalities by threatening the infrastructure and capacity of state?owned healthcare systems. Thus, the factors mentioned above are negatively impacting the growth of the market in the region.
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Market Overview and Dynamics
The Master patient index software market in South and Central America is expected to grow from US$ 44.9 million in 2021 to US$ 83.1 million by 2028; it is estimated to grow at a CAGR of 9.2% from 2021 to 2028. Continuously rising need of better healthcare services, as a basic requirement, is encouraging advancements in the healthcare sector in developing countries in South and Central America. Healthcare IT solutions benefit through reduced inefficiencies, accurate diagnosis and treatment, and lowered healthcare costs, among others. The solutions also help healthcare service providers in offering customized medication, quick diagnosis of new aliments, and better access to healthcare services, thereby improving the quality of life of people. Thus, the focus in having unified medical record systems in developing countries is serving significant opportunities for the master patient index software providers.
Key Market Segments
In terms of type, the software segment accounted for the largest share of the South and Central America master patient index software market in 2020. In terms of deployment, the cloud-based segment held a larger market share of the master patient index software market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the master patient index software 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 McKESSON CORPORATION, Oracle Corporation, Wipro Limited, Allscripts Healthcare Solutions, Inc., MEDITECH, and Intersystems Corporation.
Reasons to buy report
- To understand the South and Central America master patient index software 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 master patient index software market
- Efficiently plan M&A and partnership deals in South and Central America Master patient index software 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 Master patient index software market
- Obtain market revenue forecast for market by various segments from 2021-2028 in South and Central America region.
SOUTH AND CENTRAL AMERICA MASTER PATIENT INDEX SOFTWARE MARKET SEGMENTATION
By Type
- Software
- Service
By Deployment
- Cloud-based
- On Premises
By Country
- South and Central America
- Brazil
- Argentina
- Rest of South and Central America
Companies Mentioned
- McKESSON CORPORATION
- Oracle Corporation
- Wipro Limited
- Allscripts Healthcare Solutions, Inc.
- MEDITECH
- Intersystems Corporation
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Master Patient Index Software Market – By Type
1.3.2 Master Patient Index Software Market – By Deployment
1.3.3 South and Central America Master Patient Index Software Market – By Country
2. South and Central America Master Patient Index Software Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Master Patient Index Software Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Master Patient Index Software Market- South and Central America PEST Analysis
4.3 Expert Opinion
5. South and Central America Master Patient Index Software Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Assistance in Maintaining and Managing Clinical, Financial, and Demographic Data of Patients
5.1.2 Adoption of Cloud-Based Technologies
5.2 Market Restraints
5.2.1 High Cost of Software
5.3 Market Opportunities
5.3.1 Emphasis on Building Unified Medical Record Systems in Developing Countries
5.4 Future Trends
5.4.1 Digitalization of Healthcare Processes
5.5 Impact Analysis
6. Master Patient Index Software Market – South and Central America Analysis
6.1 South and Central America Master Patient Index Software Market Revenue Forecasts and Analysis
7. South and Central America Master Patient Index Software Market Analysis and Forecasts To 2028 – By Type
7.1 Overview
7.2 Master Patient Index Software Market Revenue Share, by Type (2020 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)
7.4 Service
7.4.1 Overview
7.4.2 Service: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)
8. South and Central America Master Patient Index Software Market Analysis and Forecasts to 2028– By Deployment
8.1 Overview
8.2 Master Patient Index Software Market Revenue Share, by Deployment (2020 and 2028)
8.3 Cloud-based
8.3.1 Overview
8.3.2 Cloud-based: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)
8.4 On premises
8.4.1 Overview
8.4.2 On premises: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)
9. Master Patient Index Software Market Revenue and Forecasts to 2028 – Geographical Analysis
9.1 South and Central America: Master Patient Index Software Market Revenue and Forecast to 2028
9.1.1 Overview
9.1.2 South and Central America: Master Patient Index Software Market, by Country, 2020 & 2028 (%)
9.1.3 Brazil: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
9.1.3.1 Brazil: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
9.1.3.2 Brazil: Master Patient Index Software Market, by Product, 2019–2028 (USD Million)
9.1.3.3 Brazil: Master Patient Index Software Market, by Deployment, 2019–2028 (USD Million)
9.1.4 Argentina: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
9.1.4.1 Argentina: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
9.1.4.2 Argentina: Master Patient Index Software Market, by Type, 2019–2028 (USD Million)
9.1.4.3 Argentina: Master Patient Index Software Market, by Deployment, 2019–2028 (USD Million)
9.1.5 Rest of South and Central America: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
9.1.5.1 Rest of South and Central America: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
9.1.5.2 Rest of South and Central America: Master Patient Index Software Market, by Type, 2019–2028 (USD Million)
9.1.5.3 Rest of South and Central America: Master Patient Index Software Market, by Deployment, 2019–2028 (USD Million)
10. Impact of COVID-19 Pandemic on South and Central America Master Patient Index Software Market
10.1 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
12. COMPANY PROFILES
12.1 McKESSON CORPORATION
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Oracle Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Wipro Limited
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Allscripts Healthcare Solutions, Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 MEDITECH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Intersystems Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil: Master Patient Index Software Market , by Product – Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil: Master Patient Index Software Market , by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 3. Argentina: Master Patient Index Software Market , by Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Argentina: Master Patient Index Software Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 5. Rest of South and Central America: Master Patient Index Software Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. Rest of South and Central America: Master Patient Index Software Market, by Deployment – Revenue and Forecast to 2028 (USD Million)
Table 7. Market Developments Done by Companies
Table 8. Glossary of Terms, Master Patient Index Software Market
LIST OF FIGURES
Figure 1. Master Patient Index Software Market Segmentation
Figure 2. South and Central America Master Patient Index Software Market Overview
Figure 3. Software Segment Held Largest Share of Type in Master Patient Index Software Market
Figure 4. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Master Patient Index Software Market - South and Central America PEST Analysis
Figure 6. Master Patient Index Software Market Impact Analysis of Driver and Restraints
Figure 7. South and Central America Master Patient Index Software Market – Revenue Forecasts and Analysis – 2020- 2028
Figure 8. Master Patient Index Software Market Revenue Share, by Type (2020 and 2028)
Figure 9. Software: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 10. Service: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 11. Master Patient Index Software Market Revenue Share, by Deployment (2020 and 2028)
Figure 12. Cloud-based: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 13. On premises: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)
Figure 14. South and Central America: Master Patient Index Software Market , by Key Country – Revenue (2020) (USD Million)
Figure 15. South and Central America: Master Patient Index Software Market, by Country, 2020 & 2028 (%)
Figure 16. Brazil: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 17. Argentina: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 18. Rest of South and Central America: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)
Figure 19. Impact of COVID-19 Pandemic in South and Central America Country Markets
- McKESSON CORPORATION
- Oracle Corporation
- Wipro Limited
- Allscripts Healthcare Solutions, Inc.
- MEDITECH
- Intersystems Corporation
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- Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the master patient index software market, as well as those hindering it
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