Brazil Patient Engagement Solutions Market Analysis

Brazil Patient Engagement Solutions Market Analysis


$ 3999

Brazil's patient engagement solutions market is projected to grow from $425.25 Mn in 2022 to $1146.61 Mn by 2030, registering a CAGR of 13.2% during the forecast period of 2022-30. The main factors driving the growth would be the growing healthcare sector, increasing adoption of EHRs, rising healthcare costs and government support. The market is segmented by component, delivery mode, application, therapeutic area, functionality and by end-user. Some of the major players include BoaConsulta, iClinic, Buddy Healthcare, Siemens Healthineers, Wolters Kluwer, Oracle and IBM.

ID: IN10BRHS015 CATEGORY: Healthcare Services GEOGRAPHY: Brazil AUTHOR: Neha Davda

Buy Now

Brazil Patient Engagement Solutions Market Executive Summary

Brazil's patient engagement solutions market is projected to grow from $425.25 Mn in 2022 to $1146.61 Mn by 2030, registering a CAGR of 13.2% during the forecast period of 2022-30. Brazilian healthcare spending as a share of GDP in 2019 was 9.59% or $853 per person. Brazil's health spending as a proportion of GDP tended to rise between 2000 and 2019 despite significant recent volatility.

Brazil's government started making significant investments in healthcare technology in the early 2000s, which is when patient engagement solutions first became popular there. The government made an effort to increase access to healthcare services and lower the expenses related to conventional healthcare delivery models. The adoption of telemedicine technologies was one of the first patient engagement strategies to catch on in Brazil. Telemedicine systems were created in the early 2000s to offer patients in rural or underserved areas of the nation remote healthcare services.

Brazil's patient engagement solutions have developed over time to now comprise a variety of technology and services. Electronic health records (EHRs), patient portals, telemedicine services, electronic health records, patient portals and other patient interaction tools are currently available to Brazilian patients.

Brazil Patient Engagement Solutions Market

Market Dynamics

Market Growth Drivers

The Brazil patient engagement solutions market is expected to be driven by factors such as the growing healthcare sector, increasing adoption of EHRs, rising healthcare costs and government support. The Brazilian government has backed efforts involving healthcare technology, such as patient involvement programs. As a result of government investments in programs to increase healthcare access and save costs, the nation now has a favourable environment for the expansion of patient engagement solutions.

Market Restraints

The funding for healthcare services and technology remains constrained, notwithstanding recent increases in healthcare spending in Brazil. This might make it challenging for healthcare organisations to spend money on patient engagement programs, especially in regions where resources are already at a high price.

Competitive Landscape

Key Players

  • BoaConsulta (BRA)
  • iClinic (BRA)
  • Buddy Healthcare
  • Siemens Healthineers
  • Wolters Kluwer
  • Oracle
  • IBM

Notable Deals

March 2021: Buddy Healthcare, a health technology company, has raised $2.11 Mn in funding to improve its automated care coordination platform BuddyCare. UTU Invest Oy and the Swedish investment company Nidoco AB are leading this most recent round of financing.

Healthcare Policies and Regulatory Landscape

The patient engagement solutions industry in Brazil has been significantly shaped by the country's healthcare policies and regulatory environment. The Sistema nico de Salud (SUS), a national healthcare system in Brazil, offers free or inexpensive medical care to all citizens. Patient engagement solutions that are implemented within the SUS must adhere to the rules and specifications of the system.

The Brazilian Health Regulatory Agency and the National Health Surveillance Agency (ANVISA) are two other regulatory organisations that govern healthcare in Brazil in addition to the SUS (ANSA). These organisations are in charge of overseeing the regulation of drugs, healthcare technology, and patient engagement solutions.

Reimbursement Scenario

In Brazil, reimbursement policies are crucial to the acceptance and expansion of patient engagement solutions. There aren't any explicit policies regarding patient engagement solution reimbursement in the nation right now. The Brazilian government, however, has put in place a number of programs to encourage the adoption of digital health technology, such as patient engagement programs, in the public healthcare system. Patients receive free or inexpensive care through the SUS, which funds medical services and technology. Patient engagement programs are often supported by the government or through public-private partnerships, and they must adhere to the rules and standards of the SUS. 

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Patient Engagement Solutions Market Segmentation

By component (Revenue, USD Billion):

  • Hardware
  • Software
  • Standalone Software
  • Integrated Software
  • Services

By Delivery Mode (Revenue, USD Billion):

  • PREMISE Mode
  • CLOUD-BASED Mode

By Application (Revenue, USD Billion):

  • Health Management
  • Home Health Management
  • Social
  • Financial Health Management

By Therapeutic area (Revenue, USD Billion):

  • Chronic Diseases
  • Cardiovascular Diseases (CVD)
  • Diabetes
  • Obesity
  • Other chronic Diseases
  • Women's Health
  • Fitness
  • Other Therapeutic Areas

By Functionality (Revenue, USD Billion):

  • E-Prescribing
  • Virtual Consultation
  • Patient/Client Scheduling
  • Document Management

By End-user (Revenue, USD Billion):

  • Providers
  • Payers
  • Patients
  • Other End users

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

 

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers, and researchers across countries through which we engage with local experts to gather key data points and assumptions about each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain a high level of accuracy and consistency. The market data is analyzed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, and market share as well as a segment-level analysis of the specific market. Our report includes precise, to-the-point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

 

 

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameters and micro indicators. The macro parameters include changes in government policies, demand and supply of the market, government intervention programs, and major market share. The micro indicators are GDP growth, market size, market volume, etc. We also understand nuances specific to each country like the US, Canada, India, Germany, etc., and have worked across 60+ countries and hence not only understand global trends but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. starting with the large overall market and segmenting different areas and the bottom-up approach i.e. starting with population and epidemiology and rolling up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach is mainly used for new product forecasting and the bottom-up approach is used for demand estimation of any product for different countries summed up to form the total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases, and company-level averages, etc.

We make sure to finalize the numbers in alignment with the market research. Firstly, our internal experts ensure thorough validation and checking to ensure accurate and precise analysis and then validation is also done using a multiple-data analysis model. Two-level validation is done and entails the finalization of the report scope and the way of representation pattern.

 

 

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analyzed and synthesized. The second series of interviews are done if necessary to check and validate. The future opportunities are analyzed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results is then, interpreted by considering the following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing the regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue/volume
  • ​Analyzing current needs and determining penetration to estimate the market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and their impact on the different segments within the market.

Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current, and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumption.

The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

To request a free sample copy of this report, please complete the form below.


We value your inquiry and offer free customization with every report to fulfil your exact research needs.

The Brazil patient engagement solutions market is projected to grow from $425.25 Mn in 2022 to $1146.61 Mn by 2030, registering a CAGR of 13.2% during the forecast period of 2022 - 2030.

The Brazil patient engagement solutions market is segmented by component (hardware, software, standalone software, integrated software and services), by delivery mode (premise mode and cloud-based mode), by application (health management, home health management, social health management and financial health management), by therapeutic area (chronic diseases, cardiovascular diseases, diabetes, obesity, women’s health, fitness and other therapeutic areas), by functionality (e-prescribing, virtual consultation, patient/client scheduling and document management) and by end-user (providers, payers, patients and end-user).

Some of the major players in Brazil's patient engagement solutions market are BoaConsulta, iClinic, Buddy Healthcare, Siemens Healthineers, Wolters Kluwer, Oracle and IBM.


This report addresses

  • Intelligent insights to take informed business decisions
  • Qualitative, acute and result oriented market analysis
  • Market size and forecasts from 2022 to 2030
  • Opportunities for expansion and in-depth market analysis
  • Segmentation and regional revenue forecasts
  • Analysis of the market share and competitive landscape
  • Strategic Recommendations to chart future course of action
  • Comprehensive Market Research Report in PDF and PPT formats

Need more?

  • Ask our analyst how this study was put together to learn more
  • Discuss additional requirements as part of the free customisation
  • Add more countries or regions to the scope 
  • Get answers to specific business questions 
  • Develop the business case to launch the product
  • Find out how this report may influence your business revenue
Last updated on: 29 June 2023
Updated by: Shivam Zalke

Related reports (by category)


Related reports (by geography)


subscribe to our newsletter
up