LAMEA Healthcare ERP Market By Function (Finance and Billing, Supply Chain and Logistics Management, Inventory and Material Management, Patient Relationship Management, and Others), By Deployment (On-premises and Cloud), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Healthcare ERP Market would witness market growth of 7.5% CAGR during the forecast period (2021-2027).
The rise in healthcare spending, inefficient hospital service management, ever-increasing patient pool at healthcare units, and a drastic shortage in the workforce are encouraging public as well as private stakeholders to launch the latest modes of providing healthcare. Healthcare facilities are becoming highly aware of the advantages related to these modern technological solutions, like providing high-quality patient care, decreasing operational costs, and reducing data siloes in back-end operations, thereby creating bright growth prospects for the companies operating in the healthcare ERP market.
The need for streamlined management of patient data and different processes inside the healthcare facility would fuel the growth & demand for advanced healthcare ERP in the regional market. Moreover, the region holds potential for growth due to the less number of market players and untapped potential. Therefore, many healthcare vendors are realizing the importance of secure solutions like healthcare ERP which would boost the adoption rate of the healthcare ERP market in the region. Hence, these factors would open new growth avenues for the regional healthcare ERP market during the forecast period.
The Brazil market dominated the LAMEA Healthcare ERP Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $250.6 million by 2027. The Argentina market is anticipated to grow at a CAGR of 8.2% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 8.9% during (2021 - 2027).
Based on Function, the market is segmented into Finance and Billing, Supply Chain and Logistics Management, Inventory and Material Management, Patient Relationship Management, and Others. Based on Deployment, the market is segmented into On-premises and Cloud. 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 Healthcare ERP Market is Predict to reach $9,399.8 million by 2027, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Oracle Corporation, SAP SE, McKesson Corporation, Sage Group Plc., Infor, Inc. (Koch Industries), Odoo, QAD, Inc. (Thoma Bravo), Aptean (Vista Equity Partners), and Epicor Software Corporation.
Scope of the Study
Market Segments Covered in the Report:
- Finance and Billing
- Supply Chain and Logistics Management
- Inventory and Material Management
- Patient Relationship Management
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- McKesson Corporation
- Sage Group plc
- Infor, Inc. (Koch Industries)
- QAD, Inc. (Thoma Bravo)
- Aptean (Vista Equity Partners)
- Epicor Software Corporation
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