South Africa Healthcare Erp Market Size & Outlook
South Africa healthcare erp market, 2016-2028 (US$M)
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South Africa healthcare erp market highlights
- The South Africa healthcare erp market generated a revenue of USD 30.0 million in 2021 and is expected to reach USD 50.4 million by 2028.
- The South Africa market is expected to grow at a CAGR of 7.7% from 2022 to 2028.
- In terms of segment, finance and billing was the largest revenue generating function in 2021.
- Inventory and material management is the most lucrative function segment registering the fastest growth during the forecast period.
Healthcare erp market data book summary
| Market revenue in 2021 | USD 30.0 million |
| Market revenue in 2028 | USD 50.4 million |
| Growth rate | 7.7% (CAGR from 2021 to 2028) |
| Largest segment | Finance and billing |
| Fastest growing segment | Inventory and material management |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inventory and material management, Supply chain and logistics management, Patient relationship management, Finance and billing |
| Key market players worldwide | McKesson Corp, Microsoft Corp, Informa PLC, SAP SE, Oracle Corp, Sage Group (The) PLC, Odoo, Epicor Software (Formerly Solarsoft Business Systems), QAD, Aptean |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global healthcare erp market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, UAE healthcare erp market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 50.4 million by 2028.
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Healthcare ERP Market Scope
Healthcare ERP Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa healthcare erp 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 healthcare erp market will help companies and investors design strategic landscapes.
Finance and billing was the largest segment with a revenue share of 32.67% in 2021. Horizon Databook has segmented the South Africa healthcare erp market based on inventory and material management, supply chain and logistics management, patient relationship management, finance and billing covering the revenue growth of each sub-segment from 2016 to 2028.
South African healthcare industry is witnessing transformation with advancements in infrastructure and implementation of latest technological innovation.
Although healthcare systems are rapidly adopting digital health technologies, they face several challenges in adoption of ERP systems in the country, including lack of technologically skilled personnel, legal & regulatory barriers, consistency & quality of health services, limited access to accurate & comprehensive patient information, different levels of digital health maturity.
The Ministry of Health is undertaking several initiatives for increasing adoption and boosting growth of health information systems in the country. Rapidly evolving South African healthcare sector is witnessing significant increase in healthcare expenditure by both public and private players.
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Our clientele includes a mix of healthcare erp market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa healthcare erp market , including forecasts for subscribers. This country databook contains high-level insights into South Africa healthcare erp market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa healthcare erp market size, by function, 2016-2028 (US$M)
South Africa Healthcare ERP Market Outlook Share, 2021 & 2028 (US$M)
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