The Latin America, Middle East and Africa Hospital Information System Market would witness market growth of 10.1% CAGR during the forecast period (2021-2027).
The rising acceptance of EHR systems among developing economies as a result of greater use of electronic health records for patient-centric treatment is predicted to considerably enhance market growth in the coming years. EHR has emerged as one of the most promising prospective categories in hospital information systems, owing mostly to expanding need for streamlined technical improvements in healthcare information, electronic healthcare solutions, and increasing demands for EHR-integrated technologies. Furthermore, government measures encouraging EHR are expected to drive demand for electronic systems. EHRs provide several benefits to hospitals and patients, eventually enhancing patient satisfaction and increasing system productivity.
The health systems are pursuing profound shift in the GCC or the Gulf Countries Cooperation that includes the Saudi Arabia, United Arab Emirates, Kuwait, Oman, Qatar and Bahrain, which has seen population increase, a shift toward an older age-group distribution, and a high prevalence of lifestyle-related diseases. Enhanced life expectancy has also resulted in a shift in age-group distribution. The emergence of lifestyle-related disorders including diabetes, asthma, and obesity has increased the demand for healthcare services and infrastructure. Furthermore, the GCC's high hospital-bed density necessitates a rethinking of healthcare delivery.
The Brazil market dominated the LAMEA Hospital Information System Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.37 billion by 2027. The Argentina market is estimated to grow at a CAGR of 10.7% during (2021 - 2027). Additionally, The UAE market would witness a CAGR of 9.8% during (2021 - 2027).
Based on Component, the market is segmented into Software, Hardware, and Services. Based on Deployment, the market is segmented into Web Based, On-Premises, and Cloud based. Based on Type, the market is segmented into Electronic Health Record, Patient Engagement Solution, Population Health Management, Electronic Medical Record and Real-time Healthcare. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Hospital Information System Market is Predict to reach $79.7 Billion by 2027, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens Healthineers AG (Siemens AG), Cerner Corporation, AllScripts Healthcare Solutions, Inc., General Electric (GE) Co. (GE Healthcare), Koninklijke Philips N.V., McKesson Corporation, NextGen Healthcare, Inc., Wipro Limited, Dedalus S.p.A. (Ardian), and Integrated Medical Systems Pty Ltd.
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