Latin America Clinical Decision Support Systems Market Size & Outlook
Latin America clinical decision support systems market, 2018-2030 (US$M)
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Latin America clinical decision support systems market highlights
- The Latin America clinical decision support systems market generated a revenue of USD 238.6 million in 2023.
- The market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, standalone cdss was the largest revenue generating product in 2023.
- Integrated EHR with CDSS is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 238.6 million |
| Market revenue in 2030 | USD 513.3 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Standalone cdss |
| Fastest growing segment | Integrated EHR with CDSS |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Standalone CDSS, Integrated CPOE with CDSS, Integrated EHR with CDSS, Integrated CDSS with CPOE and EHR |
| Key market players worldwide | McKesson Corp, Oracle Corp, Siemens Healthineers AG ADR, Allscripts Healthcare, NextGen Healthcare, Koninklijke Philips NV, International Business Machines Corp, Agfa-Gevaert NV, Wolters Kluwer NV, Athenahealth |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.5% of the global clinical decision support systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,852.9 million by 2030.
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Clinical Decision Support Systems Market Scope
Clinical Decision Support Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America clinical decision support systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to clinical decision support systems market will help companies and investors design strategic landscapes.
Standalone cdss was the largest segment with a revenue share of 30.76% in 2023. Horizon Databook has segmented the Latin America clinical decision support systems market based on standalone cdss, integrated cpoe with cdss, integrated ehr with cdss, integrated cdss with cpoe and ehr covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America’s market comprises Brazil, Mexico, and Argentina. It is expected to hold a significant share over the forecast period, which can be attributed to increasing prevalence of chronic diseases. Obesity, which is related to chronic, low-grade inflammation, is also associated with poverty and is a risk factor for nonalcoholic fatty liver disease.
Key players providing CDSS are coming up with usage-based systems, for example, patient communication and online appointment scheduling features, accounting feature, & imaging modules.
These can eliminate the need for separate software for each task, reducing the overall operating cost and, thus, improving overall effectiveness & efficiency of clinical practices and appointment scheduling, contributing to market share.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America clinical decision support systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America clinical decision support systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America clinical decision support systems market size, by country, 2018-2030 (US$M)
Latin America Clinical Decision Support Systems Market Outlook Share, 2023 & 2030 (US$M)
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