Electronic Health Records (EHR) systems market in Latin America 2015 to grow at a CAGR of 7.15% By 2019: Market Research Store

Deerfield Beach, FL -- (SBWire) -- 09/16/2015 --Electronic Health Records (EHR) System Market in Latin America 2015-2019

About Electronic Health Records Systems

EHR systems offer a platform to maintain a patient's medical data including patient demographics, medical history, progress notes, immunizations, medications, radiology reports, laboratory data, appointment sessions, and payment details for easy reference. Electronic Health Records (EHR) systems market in Latin America to grow at a CAGR of 7.15% over the period 2014-2019. EHR applications automate and streamline the workflow, eliminating the need for manual operations while ensuring overall efficiency and better productivity.

The increased adoption of advanced technologies such as HIS, the integration of electronic health record systems with smart devices, and the growing need to reduce operational costs are some of the major factors propelling market growth. EHR systems enable easy access to records, and thereby help maintain service quality by eliminating confusion in the data retrieval process. This enhances the overall productivity of the healthcare sector.

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Healthcare organizations are increasingly adopting EHR systems to reduce medical errors. They lower operational costs, boost revenue, and enhance profitability. These systems also support healthcare-related activities such as time and quality management, evidence-based decision support, and reporting on outcomes.

"EHR systems and their applications are being increasingly integrated with laptops and smartphones and their demand among professionals and patients is increasing tremendously,".

"One of the benefits is that mobile health applications installed in smartphones can generate patient data from remote locations and also transfer data to clinical laboratories through WLAN."

Covered in this Report

This report covers the present and future market scenarios of the EHR systems market in Latin America for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of EHR systems in Latin America.

The report presents the vendor landscape and a corresponding detailed analysis of the six major vendors in the market. In addition, it discusses the major drivers, challenges and trends influencing the market.

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Key Market Drivers

Increased government initiatives
Enhanced service quality
Advanced HMS
High demand from emerging markets

Key Market Trends

Increased adoption of SaaS-based EHR solutions
High demand for HIS
Integration of EHR applications with smart devices
Digital technology in remote patient diagnosis

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Key Market Vendors

Allscripts Healthcare Solutions, Inc.
Cerner Corp.
Epic Systems Corp.
GE Healthcare Ltd.
McKesson Corp.
Siemens Healthcare Ltd.

To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.