South and Central America Master Patient Index Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Software, and Service); Deployment (Cloud-based, and On premises)

Publication Month: Jul 2021 | Report Code: TIPRE00023506 | No. of Pages: 84 | Category: Healthcare IT | Status: Published

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The master patient index software market in South and Central America is expected to grow from US$ 44.9 million in 2021 to US$ 83.1 million by 2028; it is estimated to grow at a CAGR of 9.2% from 2021 to 2028.

Continuous developments in the healthcare sector encourage the healthcare providers to adopt healthcare IT solutions for ensuring easy workflow. MPI software assigns a unique identification number to every patient, and this number allows to maintain consistent and accurate information of every patient, thereby allowing automatic management of patients’ data. MPI software facilitate authorized exchange of patient data among hospitals, rehabilitation centers, pharmacies, and other healthcare providers. The access to exchanged data is enabled through a unique identifying number that is specific to single medical record. Thus, these software avoid the duplication of patients’ information, which may occur due to several factors including demographics, error during data entry, and incomplete proofs. Ensuring accuracy helps healthcare organizations and facility centers in tracking patients previous records when they revisit the facilities.

Health care providers rely on the automated patient management. Thus, health information exchange initiatives, coupled with the heavy dependence on patient management solutions, are driving the demand for MPI software. This software has been a key tool for healthcare centers to maintain clinical, financial, and demographic data across the care continuum, thus playing significant role in providing safe and quality services, which is driving the growth of the master patient index software market.

 

The COVID‐ 19 pandemic is a critical test for the already overburdened and underfunded public healthcare systems of South and Central America. It suffers from severe inequalities. State-run hospitals and clinics are already overstressed by treating vector‐borne diseases and community‐acquired infections, and high rates of non‐communicable diseases (NCDs). Also, the prevention and treatment of NCDs have been critically affected since the onset of the COVID-19 in the region, as per the Pan American Health Organization (PAHO). Before COVID-19, approximately 81% of all deaths in the region were due to NCDs. An estimated 62 million people live with diabetes, and 1.2 million live with cancer in South and Central America. Moreover, in South and Central America, the Gross Domestic Product (GDP) and central government healthcare expenditure are significantly lower than in developed countries. In 2018, as per the United Nations Economic Commission for Latin America (CEPAL), 16 South American countries invested less than 4% of their GDP in healthcare. The consequences of a lack of investment in public healthcare systems are reflecting during the pandemic. The COVID‐19 pandemic is exacerbating these inequalities by threatening the infrastructure and capacity of state‐owned healthcare systems. Thus, the factors mentioned above are negatively impacting the growth of the market in the region.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the master patient index software market. The South and Central America Master patient index software market is expected to grow at a good CAGR during the forecast period.

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South and Central America Master Patient Index Software Market Segmentation         

 

By Type

  • Software
  • Service

 

By Deployment

  • Cloud-based
  • On Premises

 

By Country

  • South and Central America
    • Brazil
    • Argentina
    • Rest of South and Central America

 

Companies Mentioned

  • McKESSON CORPORATION
  • Oracle Corporation
  • Wipro Limited
  • Allscripts Healthcare Solutions, Inc.
  • MEDITECH
  • Intersystems Corporation

1.           Introduction

1.1          Scope of the Study

1.2          The Insight Partners Research Report Guidance

1.3          Market Segmentation

1.3.1          Master Patient Index Software Market – By Type

1.3.2          Master Patient Index Software Market – By Deployment

1.3.3          South and Central America Master Patient Index Software Market – By Country

2.           South and Central America Master Patient Index Software Market – Key Takeaways

3.           Research Methodology

3.1          Coverage

3.2          Secondary Research

3.3          Primary Research

4.           South and Central America Master Patient Index Software Market – Market Landscape

4.1          Overview

4.2          PEST Analysis

4.2.1          Master Patient Index Software Market- South and Central America PEST Analysis

4.3          Expert Opinion

5.           South and Central America Master Patient Index Software Market - Key Market Dynamics

5.1          Market Drivers

5.1.1          Assistance in Maintaining and Managing Clinical, Financial, and Demographic Data of Patients

5.1.2          Adoption of Cloud-Based Technologies

5.2          Market Restraints

5.2.1          High Cost of Software

5.3          Market Opportunities

5.3.1          Emphasis on Building Unified Medical Record Systems in Developing Countries

5.4          Future Trends

5.4.1          Digitalization of Healthcare Processes

5.5          Impact Analysis

6.           Master Patient Index Software Market – South and Central America Analysis

6.1          South and Central America Master Patient Index Software Market Revenue Forecasts and Analysis

7.           South and Central America Master Patient Index Software Market Analysis and Forecasts To 2028 – By Type

7.1          Overview

7.2          Master Patient Index Software Market Revenue Share, by Type (2020 and 2028)

7.3          Software

7.3.1          Overview

7.3.2          Software: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)

7.4          Service

7.4.1          Overview

7.4.2          Service: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)

8.           South and Central America Master Patient Index Software Market Analysis and Forecasts to 2028– By Deployment

8.1          Overview

8.2          Master Patient Index Software Market Revenue Share, by Deployment (2020 and 2028)

8.3          Cloud-based

8.3.1          Overview

8.3.2          Cloud-based: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)

8.4          On premises

8.4.1          Overview

8.4.2          On premises: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)

9.           Master Patient Index Software Market Revenue and Forecasts to 2028 – Geographical Analysis

9.1          South and Central America: Master Patient Index Software Market Revenue and Forecast to 2028

9.1.1          Overview

9.1.2          South and Central America: Master Patient Index Software Market, by Country, 2020 & 2028 (%)

9.1.3          Brazil: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

9.1.3.1             Brazil: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

9.1.3.2             Brazil: Master Patient Index Software Market, by Product, 2019–2028 (USD Million)

9.1.3.3             Brazil: Master Patient Index Software Market, by Deployment, 2019–2028 (USD Million)

9.1.4          Argentina: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

9.1.4.1             Argentina: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

9.1.4.2             Argentina: Master Patient Index Software Market, by Type, 2019–2028 (USD Million)

9.1.4.3             Argentina: Master Patient Index Software Market, by Deployment, 2019–2028 (USD Million)

9.1.5          Rest of South and Central America: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

9.1.5.1             Rest of South and Central America: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

9.1.5.2             Rest of South and Central America: Master Patient Index Software Market, by Type, 2019–2028 (USD Million)

9.1.5.3             Rest of South and Central America: Master Patient Index Software Market, by Deployment, 2019–2028 (USD Million)

10.        Impact of COVID-19 Pandemic on South and Central America Master Patient Index Software Market

10.1        South and Central America: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1        Overview

12.        COMPANY PROFILES

12.1        McKESSON CORPORATION

12.1.1        Key Facts

12.1.2        Business Description

12.1.3        Products and Services

12.1.4        Financial Overview

12.1.5        SWOT Analysis

12.1.6        Key Developments

12.2        Oracle Corporation

12.2.1        Key Facts

12.2.2        Business Description

12.2.3        Products and Services

12.2.4        Financial Overview

12.2.5        SWOT Analysis

12.2.6        Key Developments

12.3        Wipro Limited

12.3.1        Key Facts

12.3.2        Business Description

12.3.3        Products and Services

12.3.4        Financial Overview

12.3.5        SWOT Analysis

12.3.6        Key Developments

12.4        Allscripts Healthcare Solutions, Inc.

12.4.1        Key Facts

12.4.2        Business Description

12.4.3        Products and Services

12.4.4        Financial Overview

12.4.5        SWOT Analysis

12.4.6        Key Developments

12.5        MEDITECH

12.5.1        Key Facts

12.5.2        Business Description

12.5.3        Products and Services

12.5.4        Financial Overview

12.5.5        SWOT Analysis

12.5.6        Key Developments

12.6        Intersystems Corporation

12.6.1        Key Facts

12.6.2        Business Description

12.6.3        Products and Services

12.6.4        Financial Overview

12.6.5        SWOT Analysis

12.6.6        Key Developments

13.        Appendix

13.1        About the Insight Partners

13.2        Glossary of Terms

 

LIST OF TABLES

Table 1.              Brazil: Master Patient Index Software Market , by Product – Revenue and Forecast to 2028 (USD Million)

Table 2.              Brazil: Master Patient Index Software Market , by Deployment – Revenue and Forecast to 2028 (USD Million)

Table 3.              Argentina: Master Patient Index Software Market , by Type – Revenue and Forecast to 2028 (USD Million)

Table 4.              Argentina: Master Patient Index Software Market, by Deployment – Revenue and Forecast to 2028 (USD Million)

Table 5.              Rest of South and Central America: Master Patient Index Software Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 6.              Rest of South and Central America: Master Patient Index Software Market, by Deployment – Revenue and Forecast to 2028 (USD Million)

Table 7.              Market Developments Done by Companies

Table 8.              Glossary of Terms, Master Patient Index Software Market


LIST OF FIGURES

Figure 1.            Master Patient Index Software Market Segmentation

Figure 2.            South and Central America Master Patient Index Software Market Overview

Figure 3.            Software Segment Held Largest Share of Type in Master Patient Index Software Market

Figure 4.            Brazil is Expected to Show Remarkable Growth During the Forecast Period

Figure 5.            Master Patient Index Software Market - South and Central America PEST Analysis

Figure 6.            Master Patient Index Software Market Impact Analysis of Driver and Restraints

Figure 7.            South and Central America Master Patient Index Software Market – Revenue Forecasts and Analysis – 2020- 2028

Figure 8.            Master Patient Index Software Market Revenue Share, by Type (2020 and 2028)

Figure 9.            Software: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)

Figure 10.          Service: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)

Figure 11.          Master Patient Index Software Market Revenue Share, by Deployment (2020 and 2028)

Figure 12.          Cloud-based: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)

Figure 13.          On premises: Master Patient Index Software Market– Revenue and Forecast to 2028 (US$ Million)

Figure 14.          South and Central America: Master Patient Index Software Market , by Key Country – Revenue (2020) (USD Million)

Figure 15.          South and Central America: Master Patient Index Software Market, by Country, 2020 & 2028 (%)

Figure 16.          Brazil: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

Figure 17.          Argentina: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

Figure 18.          Rest of South and Central America: Master Patient Index Software Market – Revenue and Forecast to 2028 (USD Million)

Figure 19.          Impact of COVID-19 Pandemic in South and Central America Country Markets

 

 

  1. McKESSON CORPORATION
  2. Oracle Corporation
  3. Wipro Limited
  4. Allscripts Healthcare Solutions, Inc.
  5. MEDITECH
  6. Intersystems Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America master patient index software market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America master patient index software market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the master patient index software market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution 
TIPRE00023506
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