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Pulished Date April, 2021
ID: 9706
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Latin America Digital Health Market Research Report – Segmented By Technology, Component and Country (Brazil, Mexico, Argentina, Chile & Rest of Latin America) – Industry Size, Share, Trends and Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 9706
Pages: 100

Latin America Digital Health Market Size (2021 to 2026)

The Latin American digital health market is progressing at a healthy CAGR during the forecast period. The Latin American digital healthcare market is majorly driven by the growing elder people population, rising obesity rate, and increasing usage of health apps for smartphones, tablets, and laptops for online consultation with doctors. Increasing awareness among people using mobile health apps and growing internet usage is propelling the market. New and advanced features mHealth apps and physical fitness apps are bolstering the market. Also, growing perforation for 3G and 4G networks and increasing a wide range of application areas support the digital healthcare market of this region.

In Latin America, the Brazilian digital health market is playing a dominating role. The usage of smartphones and tablets, particularly medical and health apps, is significantly growing in Brazil, majorly driving the market growth. Increasing implementation of IT sectors with a variety of software fuels digital technology in the healthcare market. Brazil's government takes the initiative to decrease the chronic disease burden by raising awareness through online services and digital technology in the medical sector. Private hospitals in the Latin American region are increasing rapidly, and medical tourism for cancer treatment bolsters the market revenue. Remote monitoring services for patients and the availability of telemedicine, telehealth, and eHealth services are fuelling the market share. 

Data protection issues are rising rapidly in this region, which is expected to impede market growth to some extent. Furthermore, high maintenance, high expenditure, and high-security concern are further impacting the market growth.

This research report on the Latin American Digital Health Market has been segmented and sub-segmented into the following categories:

By Technology:

  • Tele-Healthcare
    • Telecare
      • Activity Monitoring
      • Remote Medication Management
    • Telehealth
      • LTC Monitoring
      • Video Consultation
  • mHealth
    • Wearables
      • BP Monitor
      • Glucose Meter
      • Pulse Oximeter
      • Sleep Apnea Monitors
      • Neurological Monitors
      • Others
    • Apps
      • Medical Apps
      • Fitness Apps
  • Health Analytics
  • Digital Health Systems
    • Electronic Health Records
    • E-Prescribing Systems

By Component:

  • Hardware
  • Software
  • Service

By Country: 

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

Regional Analysis:

The Brazilian digital health market is presently leading the Latin American market and is predicted to reach USD 580 million by 2020. According to WHO, 68% of the Brazilian population having access to the digital health system. A rising 28% share in Electronic Data Recording solutions and mobile health solutions is witnessed for market growth. Expanding access to healthcare services is also propelling the demand of the market. Digital therapeutic wearable devices and apps are playing an essential role in fueling the need of the market. Rising collaboration between IT sectors and biopharmaceutical companies is lavishing the growth rate of market growth. Increasing venture capital funding in the telehealthcare market is additionally leveling up the growth rate of the digital healthcare market. New startups provide mobile solution access with 1000 people in Brazil supports the android software digital healthcare segment with a $3 million market size. In Latin America, 47% of the market share accounted for by Brazil's digital healthcare market, and the health technology market is rising with a 5.8% CAGR during the forecast period. 

Mexico region implements digital healthcare with mobile apps, medical robotics, medical 3D printing devices, telemedicine services, and medical machine learning services. Ischaemic heart disease, breast cancer, and diabetes disorders therapies fuel market growth. In Mexico, the COFEPRIS authority shows the market growth of the software segment with the approval rate. According to this authority, online consultation is rising rapidly; 35% of online consultations are pending each day. According to ISSSTE and IMSS authority, increasing demand for eHealth solutions boosts the growth rate of the digital healthcare market. Digital medical roots contribute significant revenue in the market. 

In Argentina, the ministry of health established new guidelines for digital healthcare information maintained as state policy. 59% of people go with telemedicine services in the Argentina region with a USD 6 billion market size. 6% of Argentina respondents connect health devices. 

The Chilean region has prominent shares in the coming years due to the rising geriatric population and growing incidences of chronic diseases. IT sectors support the growth of the digital healthcare market. 

Leading companies in the LATAM digital health market profiled in this report are Apple Inc., AirStrip Technologies, Google Inc., Orange, Allscripts Healthcare, LLC, Mckesson Corporation, Athenahealth Inc., At&T Inc., Biotelemetry, Inc., Cerner Corporation, Cisco Systems, Inc., Koninklijke Philips Nv, Eclinicalworks, Ihealth Lab, Inc. and General Electric Company.

  1. Introduction
    1. Digital Healthcare Market Definition
    2. Study Deliverables
    3. Base Currency, Base Year and Forecast Periods
    4. General Study Assumptions
  2. Research Methodology
    1. Introduction
    2. Research Phases
        1. Secondary Research
        2. Primary Research
        3. Econometric Modelling
        4. Expert Validation
    3. Analysis Design
    4. Study Timeline
  3. Overview
    1. Executive Summary
    2. Key Inferences
    3. New Developments
  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
    1. Digital Healthcare Market Drivers
    2. Digital Healthcare Market Restraints
    3. Key Challenges
    4. Current Opportunities in the Market
  5. Digital Healthcare Market Segmentation
    1. By Technology
      1. Tele-Healthcare
        1. Telecare
          1. Activity Monitoring
          2. Remote Medication Management
        2. Telehealth
          1. LTC Monitoring
          2. Video Consultation
      2. mHealth
        1. Wearables
          1. BP Monitor
          2. Glucose Meter
          3. Pulse Oximeter
          4. Sleep Apnea Monitors
          5. Neurological Monitors
          6. Others
        2. Apps
          1. Medical Apps
          2. Fitness Apps
      3. Health Analytics
      4. Digital Health Systems
        1. Electronic Health Records
        2. E-Prescribing Systems
      5. Y-o-Y Growth Analysis, By Technology
      6. Digital Healthcare Market Attractiveness Analysis, By Technology
      7. Digital Healthcare Market Share Analysis, By Technology
    2. By Components
      1. Hardware
      2. Software
      3. Service
      4. Y-o-Y Growth Analysis, By Components
      5. Digital Healthcare Market Attractiveness Analysis, By Components
      6. Digital Healthcare Market Share Analysis, By Components
  6. Geographical Analysis
    1. Introduction    
      1. Regional Trends   
      2. Impact Analysis    
      3. Y-o-Y Growth Analysis        
        1. By Geographical Area
        2. By Product
        3. By Technology
        4. By Application
        5. By End-User
      4. Digital Healthcare Market Attractiveness Analysis 
        1. By Geographical Area
        2. By Product
        3. By Technology
        4. By Application
        5. By End-User
      5.      Digital Healthcare Market Share Analysis              
        1. By Geographical Area
        2. By Product
        3. By Technology
        4. By Application
        5. By End-User
    2. Latin America
      1. Introduction
      2. Brazil
      3. Mexico
      4. Argentina
      5. Chile
      6. Rest of Latin America
  7. Strategic Analysis
    1. PESTLE analysis
      1. Political
      2. Economic
      3. Social
      4. Technological
      5. Legal
      6. Environmental
    2. Porter’s Five analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Consumers
      3. Threat of New Entrants
      4. Threat of Substitute Products and Services
      5. Competitive Rivalry within the Industry
  8. Digital Healthcare Market Leaders' Analysis
    1. Allscripts Healthcare Solutions, Inc.
      1. Overview
      2. Product Analysis
      3. Strategic Evaluation and Operations
      4. Financial analysis
      5. Legal issues
      6. Recent Developments
      7. SWOT analysis
      8. Analyst View
    2. Apple Inc.
    3. AirStrip Technologies
    4. Google Inc.
    5. Orange
    6. Mckesson Corporation
    7. Athenahealth Inc.
    8. At&T Inc.
    9. Biotelemetry, Inc.
    10. Cerner Corporation
    11. Cisco Systems, Inc.
    12. Koninklijke Philips Nv
    13. Eclinicalworks
    14. Ihealth Lab, Inc.
    15. General Electric Company
  9. Competitive Landscape
    1. Digital Healthcare Market share analysis
    2. Merger and Acquisition Analysis
    3. Agreements, Collaborations and Joint Ventures
    4. New Product Launches
  10. Digital Healthcare Market Outlook and Investment Opportunities
  11. Appendix
    1. List of Tables
    2. List of Figures  
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.
  • Segment-level analysis in terms of Type, application, end user and region along with market size forecasts and estimations to detect key areas of industry growth in detail.
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics.
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development.
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
  1. Latin America Digital Healthcare Market, By Technology, From 2021 to 2026 (USD Million)
  2. Latin America Telehealthcare Market, By Region, From 2021 to 2026 (USD Million)
  3. Latin America Health Analytics Market, By Region, From 2021 to 2026 (USD Million)
  4. Latin America mHealth Market, By Region, From 2021 to 2026 (USD Million)
  5. Latin America Digital Health System Market, By Region, From 2021 to 2026 (USD Million)
  6. Latin America Telehealth Care Market, By Region, From 2021 to 2026 (USD Million)
  7. Latin America Digital Healthcare Market, By Component, From 2021 to 2026 (USD Million)
  8. Latin America Services Market, By Region, From 2021 to 2026 (USD Million)
  9. Latin America Hardware Market, By Region, From 2021 to 2026 (USD Million)
  10. Latin America Software Market, By Region, From 2021 to 2026 (USD Million)
  11. Brazil Digital Healthcare Market, By Technology, From 2021 to 2026 (USD Million)
  12. Brazil Digital Healthcare Market, By Component, From 2021 to 2026 (USD Million)
  13. Argentina Digital Healthcare Market, By Technology, From 2021 to 2026 (USD Million)
  14. Argentina Digital Healthcare Market, By Component, From 2021 to 2026 (USD Million)
  15. Mexico Digital Healthcare Market, By Technology, From 2021 to 2026 (USD Million)
  16. Mexico Digital Healthcare Market, By Component, From 2021 to 2026 (USD Million)
  17. Rest of Latin America Digital Healthcare Market, By Technology, From 2021 to 2026 (USD Million)
  18. Rest of Latin America Digital Healthcare Market, By Component, From 2021 to 2026 (USD Million)

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