The Latin America, Middle East and Africa Veterinary EHR Market would witness market growth of 15.8% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Veterinary EHR Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $29.6 million by 2031. The Argentina market is showcasing a CAGR of 16.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 14.6% during (2024 - 2031).
The adoption of veterinary EHR systems has grown significantly in recent years, driven by several factors. The rapid development of cloud-based solutions, mobile applications, and AI-driven tools has made veterinary EHR systems more accessible and user-friendly. The ability to access patient records remotely, combined with secure data storage and backup, has made EHR adoption more appealing to veterinary practices of all sizes.
Moreover, while the initial cost of implementing an EHR system may be high, the long-term cost savings associated with improved operational efficiency, reduced errors, and enhanced patient care encourage more veterinary practices to adopt these systems. Additionally, the ability to reduce paper records and the associated administrative costs offers significant savings.
The growing pet and livestock populations in Colombia and the United Arab Emirates (UAE) are expected to significantly drive the expansion of the veterinary EHR market in these regions. According to the International Trade Administration (ITA), the pet industry in Colombia has experienced rapid growth, with the market valued at USD 2.4 billion in 2020 and projected to grow at a rate of 3.7% annually from 2023 to 2027. This growth, driven by increasing pet ownership and demand for veterinary services, will likely stimulate a greater need for efficient management systems, such as veterinary EHR platforms, to handle the rising number of pets and their healthcare needs.
Free Valuable Insights: The Worldwide Veterinary EHR Market is Projected to reach USD 1.46 Billion by 2031, at a CAGR of 13.2%
Based on Application, the market is segmented into Practice Management, and Imaging. Based on Delivery Mode, the market is segmented into Cloud/Web-Based, and On-Premise. Based on Practice Type, the market is segmented into Small Animals, Mixed Animals, Food-producing Animals, Equine, and Other Practice Type. Based on End Use, the market is segmented into Veterinary Hospitals/Clinics, and Other End Use. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Application
By Delivery Mode
By Practice Type
By End Use
By Country
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