MarkNtel Advisors recently published a report, titled, ” Latin America Electronic Health Records Market By Product Type (Cloud, On-premise), By Function (Patient Management, E-prescription, Schedule Appointments, Bill Payment, Others (Referral Management, etc.)), By End User (Hospitals, Clinics, Specialty Centers, Labs),. As per as the report The Latin America Electronic Health Record market is projected to grow at a CAGR of around 8.12% during the forecast period, i.e., 2022-2027.

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Possible Restraint: High Cost & Lack of Affordable Systems in the Market

With the increasing use of EHR systems in clinical labs & administration applications, various EHR factors are responsible for hindering the market growth. Factors such as the lack of an affordable EHR system pose a prominent challenge to the Latin America Electronic Health Records Market. In addition, the lack of system availability especially in the countries such as Peru, Argentina, and Chile, is creating distress in the market for the adoption of the EHR system.

Furthermore, one of the major factors restraining the market growth is the high implementation and maintenance costs of EHR systems resulting in declining market growth. Therefore, the countries are facing difficulties in the adoption of electronic health records due to their high price. Hence, the shortage of EHR systems and high costs lead to hampering the market growth.

Leading Companies in Latin America Electronic Health Records Market:

Mural Med, Allscripts Healthcare Solutions Inc., GE Healthcare, Cerner Corporation, Epic Systems Corporation, Greenway Health, McKesson Corporation, Modernizing Medicine, NextGen Healthcare, AdvancedMD, CureMD.

Latin America Electronic Health Records Market Segmentation:

By Deployment

-On-premise

-Cloud

By Function

-Patient Management

-E-prescription

-Schedule Appointments

-Bill Payment

-Others (Referral Management, etc.)

By End Users

-Hospitals

-Clinics

-Specialty Centres

-Labs

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By Country

-Mexico

-Brazil

-Argentina

-Colombia

-Chile

-Rest of Latin America.

Key questions answered in the Latin America Electronic Health Records Market are:

•What is Latin America Electronic Health Records Market?

•What was the market size in 2023?

•What is the growth rate of the Latin America Electronic Health Records Market?

•Which are the factors expected to drive the market growth?

•What are the different segments of the Latin America Electronic Health Records Market?

•What segments are covered in the Market?

•Who are the key players in the Latin America Electronic Health Records Market?

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