Brazil's health IT market to top $714 million by 2015

According to a recent report from Frost & Sullivan, the Brazilian market is the second fastest growing BRIC market after China. Last year Brazil’s health IT market generated revenues of $410 million, which is expected to hit $714 million by 2015. The country will also make up more than 47 percent of the Latin American market by 2015, according to the report.

While growth is largely being driven by electronic medical records and hospital information systems, the customer base for mobile health apps is also growing, Frost reports:..

It is estimated that the revenues from smart phones will reach $46.6 million in 2015, with growth of 112 percent annually...