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The growing preference for remote learning amid the pandemic drove the market for healthcare learning management system in Brazil in 2020. The market is projected to witness a significant growth in the forecast period, owing to the rapid digitalisation in the region. In addition, its major advantages such as cost-effectiveness, improved accessibility, convenience, and a seamless teaching-learning experience, among others, are further estimated to support the market growth. Furthermore, the expanding information and communication technology sector and the increased adoption of digital devices are predicted to bolster the adoption of e-learning platforms, which is expected to augment the market growth in the forecast period.
The increased mergers and acquisitions by the global leading manufacturers of healthcare learning management systems to develop advanced learning management solutions are projected to support the market growth in the forecast period. For instance, in December 2021, HealthStream, Inc. (NASDAQ: HSTM) announced its decision to acquire the Rievent Technologies, a Virginia-based healthcare technology company. With this decision, HealthStream aims to develop a new SaaS-based continuing education (CME/CE) management and delivery application, branded as Rievent™, which supports publishers, professional associations, healthcare insurance companies, and healthcare providers. Such developments are expected to invigorate the global healthcare learning management system industry, thereby supporting the growth of the Brazil healthcare learning management system industry in the forecast period.
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The major players in the Brazil healthcare learning management system market are Scaffold Education, HealthStream, Inc., Cypher Learning, TalentLMS, Learning Pool, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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