Market revenue in 2023 | USD 165.1 million |
Market revenue in 2030 | USD 844.5 million |
Growth rate | 26.3% (CAGR from 2023 to 2030) |
Largest segment | Solution |
Fastest growing segment | Services |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Solution, Services |
Key market players worldwide | Oracle Corp, Allscripts Healthcare, Epic Systems Corporation, Athenahealth, NXGN, McKesson Corp, UnitedHealth Group Inc, DrFirst, Surescripts, Veradigm Inc |
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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 e-prescribing market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 58.75% in 2023. Horizon Databook has segmented the Latin America e-prescribing market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin American e-prescribing market includes the following regions: Brazil, Mexico, Argentina, and other countries. The presence of untapped prospects in developing countries, such as Brazil and Mexico, is expected to propel the growth of e-prescribing market over the forecast period.
Latin America has recorded errors at several stages of treatment processes, such as prescribing, order entry, dispensing, drug administration, drug filling, and refilling. Medical errors like this can impact an organization’s accreditations and threaten patient safety, unlike in the U.S. and Europe, which are governed by centralized agencies, such as FDA (U.S.) and NICE (UK).
Latin America has a fragmented market, which leaves physicians and clinicians little clarity on safety & cost-effectiveness of medicines and clinical guidelines for proper use. Hence, prescribing systems market has high prospects in this region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America e-prescribing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America e-prescribing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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