Brazil Long-term Care Software Market Size & Outlook
Brazil long-term care software market, 2018-2030 (US$M)
Related Markets
Brazil long-term care software market highlights
- The Brazil long-term care software market generated a revenue of USD 125.0 million in 2023 and is expected to reach USD 241.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, electronic health records (ehr) was the largest revenue generating application in 2023.
- Electronic Health Records (EHR) is the most lucrative application segment registering the fastest growth during the forecast period.
Long-term care software market data book summary
| Market revenue in 2023 | USD 125.0 million |
| Market revenue in 2030 | USD 241.5 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Electronic health records (ehr) |
| Fastest growing segment | Electronic Health Records (EHR) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electronic Health Records (EHR), Electronic Medication Administration Record (eMAR), Revenue Cycle Management (RCM), Resident Care, Staff Management |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.7% of the global long-term care software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil long-term care software market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 241.5 million by 2030.
Electronic health records (ehr) was the largest segment with a revenue share of 30.72% in 2023. Horizon Databook has segmented the Brazil long-term care software market based on electronic health records (ehr), electronic medication administration record (emar), revenue cycle management (rcm), resident care, staff management covering the revenue growth of each sub-segment from 2018 to 2030.
Some of the major factors driving Brazil’s long term care software industry are rising per capita income, increasing government medical & healthcare spending, improving access to private healthcare facilities such as LTC centers, and fast-growing healthcare R&D.
Brazil is one of the most profitable healthcare markets in Latin America with largest healthcare spending. Strong government backing and high demand for healthcare services drive the country’s healthcare sector.
The government has undertaken various efforts and implemented appropriate plans & regulations, which have resulted in the beneficial growth of total healthcare services & facilities. Future opportunities for the Brazilian LTC software industry are promising since LTC facilities are investing heavily in information technology.
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Long-Term Care Software Market Scope
Long-Term Care Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil long-term care software market size, by application, 2018-2030 (US$M)
Brazil Long-Term Care Software Market Outlook Share, 2023 & 2030 (US$M)
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