Latin America Electronic Health Records Market Size & Outlook
Latin America electronic health records market, 2018-2030 (US$M)
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Latin America electronic health records market highlights
- The Latin America electronic health records market generated a revenue of USD 1,150.5 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, web/ cloud-based ehr was the largest revenue generating product in 2023.
- Web/ cloud-based EHR is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,150.5 million |
| Market revenue in 2030 | USD 1,655.2 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Web/ cloud-based ehr |
| Fastest growing segment | Web/ cloud-based EHR |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Web/ cloud-based EHR, On-premise EHR |
| Key market players worldwide | Cerner Corporation, GE HealthCare Technologies Inc Common Stock, Veradigm Inc, Epic Systems Corporation, eClinicalWorks, Greenway Health, NextGen Healthcare, Meditech, AdvancedMD, CureMD Healthcare, McKesson Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.6% of the global electronic health records 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 11,636.8 million by 2030.
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Electronic Health Records Market Scope
Electronic Health Records Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America electronic health records 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 electronic health records market will help companies and investors design strategic landscapes.
Web/ cloud-based ehr was the largest segment with a revenue share of 83.55% in 2023. Horizon Databook has segmented the Latin America electronic health records market based on web/ cloud-based ehr, on-premise ehr covering the revenue growth of each sub-segment from 2018 to 2030.
Major countries contributing to the growth of the Latin America EHR market are Brazil and Mexico. Rapid economic growth in these countries is one of the key factors propelling the market growth during the forecast period.
For instance, according to the study by everis, 46% of the healthcare organizations in Latin America have adopted cloud-based services in hospitals. Moreover, large population and favorable reform policies in the region are expected to drive the market.
For instance, with the implementation of a technologically advanced healthcare IT system, Mexico’s reforms planned to promote the incorporation of reimbursement for medical procedures and the sharing of patient records. This could ensure proper treatment for patients & averting adverse drug events.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America electronic health records market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America electronic health records market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America electronic health records market size, by country, 2018-2030 (US$M)
Latin America Electronic Health Records Market Outlook Share, 2023 & 2030 (US$M)
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