Brazil Healthcare It Market Size & Outlook, 2021-2030
Brazil healthcare it market, 2018-2030 (US$M)
Related Markets
Brazil healthcare it market highlights
- The Brazil healthcare it market generated a revenue of USD 108.8 million in 2021 and is expected to reach USD 219.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.1% from 2022 to 2030.
- 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 it market data book summary
| Market revenue in 2021 | USD 108.8 million |
| Market revenue in 2030 | USD 219.7 million |
| Growth rate | 8.1% (CAGR from 2021 to 2030) |
| Largest segment | Finance and billing |
| Fastest growing segment | Inventory and material management |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| 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 | Koninklijke Philips NV, McKesson Corp, Veradigm Inc, Carestream Health - HCIS business, EMDS, Athenahealth |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.8% of the global healthcare it market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil healthcare it market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 192.5 million by 2030.
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Healthcare IT Market Scope
Healthcare IT Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil healthcare it 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 it market will help companies and investors design strategic landscapes.
Finance and billing was the largest segment with a revenue share of 33.27% in 2021. Horizon Databook has segmented the Brazil healthcare it 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 2018 to 2030.
Growing per capita income, increasing government medical & healthcare investments, improving access to private healthcare facilities, and rapidly expanding healthcare R&D are some of the major factors driving Brazil’s healthcare IT market.
Brazil is one of the important economies in Latin America in terms of healthcare IT. The region is an emerging market for healthcare IT, with growth in adoption of advanced technologies such as EHRs. To encourage the adoption of EHRs, healthcare IT providers in the country are providing EHR as a component module with HIS.
Growing focus on patient safety & care, increasing implementation of tele orientation, telemonitoring, & tele-interconsultation services, increasing demand for quality healthcare, and rising awareness about EHRs are expected to further bolster the market in the country during the pandemic.
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Our clientele includes a mix of healthcare it market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil healthcare it market , including forecasts for subscribers. This country databook contains high-level insights into Brazil healthcare it market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil healthcare it market size, by function, 2018-2030 (US$M)
Brazil Healthcare IT Market Outlook Share, 2021 & 2030 (US$M)
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