The Latin America, Middle East and Africa Patient Administration System Market is expected to witness market growth of 10.5% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Patient Administration System Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $19.6 million by 2031. The Argentina market is showcasing a CAGR of 12% during 2024-2031. Additionally, the UAE market would register a CAGR of 9.5% during 2024-2031.
The market will continue to expand in the face of these obstacles as a result of the trend toward patient-centric care, technological advancements, and the growing demand for efficient healthcare administration. Many governments and healthcare institutions actively encourage the adoption of digital health technologies, offering incentives or funding programs to facilitate the transition.
Moreover, the rise of value-based healthcare models pushes providers to seek systems like PAS that enable more efficient and data-driven patient care management. The quality of care is the determining factor in the reimbursement of providers in value-based care, as opposed to the quantity. Consequently, the importance of administrative efficiency and precise patient data monitoring is significantly increased.
Across the LAMEA region, governments are investing substantially in healthcare infrastructure and digital health technologies, driving the need for advanced patient administration systems (PAS). These systems are becoming crucial for ensuring accurate documentation, efficient billing, and compliance with international healthcare standards. In Saudi Arabia, the growing demand for PAS is largely fueled by substantial healthcare expenditure and government efforts to modernize the sector. In South Africa, the introduction of the National Health Insurance (NHI) scheme underscores PAS's growing importance.
The NHI scheme aims to provide universal health coverage, and with the increasing complexity of the healthcare system, the need for standardized systems to manage patient data has grown significantly. PAS is crucial in ensuring that healthcare services are accurately documented and that providers are reimbursed efficiently. Therefore, the LAMEA region is experiencing a surge in demand for PAS, driven by government initiatives to modernize healthcare infrastructure and digitize healthcare services.
The Brazil market dominated the LAMEA Patient Administration System Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $19.6 million by 2031. The Argentina market is showcasing a CAGR of 12% during 2024-2031. Additionally, the UAE market would register a CAGR of 9.5% during 2024-2031.
The market will continue to expand in the face of these obstacles as a result of the trend toward patient-centric care, technological advancements, and the growing demand for efficient healthcare administration. Many governments and healthcare institutions actively encourage the adoption of digital health technologies, offering incentives or funding programs to facilitate the transition.
Moreover, the rise of value-based healthcare models pushes providers to seek systems like PAS that enable more efficient and data-driven patient care management. The quality of care is the determining factor in the reimbursement of providers in value-based care, as opposed to the quantity. Consequently, the importance of administrative efficiency and precise patient data monitoring is significantly increased.
Across the LAMEA region, governments are investing substantially in healthcare infrastructure and digital health technologies, driving the need for advanced patient administration systems (PAS). These systems are becoming crucial for ensuring accurate documentation, efficient billing, and compliance with international healthcare standards. In Saudi Arabia, the growing demand for PAS is largely fueled by substantial healthcare expenditure and government efforts to modernize the sector. In South Africa, the introduction of the National Health Insurance (NHI) scheme underscores PAS's growing importance.
The NHI scheme aims to provide universal health coverage, and with the increasing complexity of the healthcare system, the need for standardized systems to manage patient data has grown significantly. PAS is crucial in ensuring that healthcare services are accurately documented and that providers are reimbursed efficiently. Therefore, the LAMEA region is experiencing a surge in demand for PAS, driven by government initiatives to modernize healthcare infrastructure and digitize healthcare services.
List of Key Companies Profiled
- Oracle Corporation
- Koninklijke Philips N.V.
- Siemens Healthineers AG (Siemens AG)
- NEXTGEN HEALTHCARE, INC. (Thoma Bravo)
- Medtronic PLC
- Abbott Laboratories
- Honeywell International, Inc.
- Getinge AB
- IQVIA Holdings, Inc.
- The Access Technology Group Limited
Market Report Segmentation
By Component
- Software
- Services
By End-use
- Hospitals and Ambulatory Centers
- Diagnostic Centers
- Other End-use
By Deployment
- Web and Cloud Based
- On-Premise
By Functions
- Patient Management
- Outpatient Management
- Inventory and Procurement
- Revenue Management
- Other Functions
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Patient Administration System Market by Component
Chapter 6. LAMEA Patient Administration System Market by End-use
Chapter 7. LAMEA Patient Administration System Market by Deployment
Chapter 8. LAMEA Patient Administration System Market by Functions
Chapter 9. LAMEA Patient Administration System Market by Country
Chapter 10. Company Profiles
Companies Mentioned
Some of the key companies profiled in this LAMEA Patient Administration System market report include:- Oracle Corporation
- Koninklijke Philips N.V.
- Siemens Healthineers AG (Siemens AG)
- NEXTGEN HEALTHCARE, INC. (Thoma Bravo)
- Medtronic PLC
- Abbott Laboratories
- Honeywell International, Inc.
- Getinge AB
- IQVIA Holdings, Inc.
- The Access Technology Group Limited
Methodology
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