Latin America Connected Health And Wellness Solutions Market Size & Outlook
Latin America connected health and wellness solutions market, 2018-2030 (US$M)
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Latin America connected health and wellness solutions market highlights
- The Latin America connected health and wellness solutions market generated a revenue of USD 3,820.3 million in 2023.
- The market is expected to grow at a CAGR of 22.8% from 2024 to 2030.
- In terms of segment, software & services was the largest revenue generating product in 2023.
- Wellness products is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3,820.3 million |
| Market revenue in 2030 | USD 16,069.6 million |
| Growth rate | 22.8% (CAGR from 2023 to 2030) |
| Largest segment | Software & services |
| Fastest growing segment | Wellness products |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Personal medical devices, Wellness products, Software & services |
| Key market players worldwide | OMRON Corp, Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Draegerwerk AG & Co KGaA, Fitbit, Medtronic PLC, Abbott Laboratories, Boston Scientific Corp, Garmin Ltd, Apple Inc, Masimo Corp, ResMed Inc, Senseonics Holdings Inc, NXGN |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.1% of the global connected health and wellness solutions market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 37,782.3 million by 2030.
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Connected Health And Wellness Solutions Market Scope
Connected Health And Wellness Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America connected health and wellness solutions market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to connected health and wellness solutions market will help companies and investors design strategic landscapes.
Software & services was the largest segment with a revenue share of 47.17% in 2023. Horizon Databook has segmented the Latin America connected health and wellness solutions market based on personal medical devices, wellness products, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Connected Health And Wellness Solutions Product Outlook (Revenue, USD Million, 2018-2030)
- Personal medical devices
- Insulin pump
- BP monitor
- Glucose monitor
- Personal pluse oximeter
- Others
- Wellness products
- Digital pedometer
- Body analyzer
- Heart rate monitor
- Sleep quality monitor
- Others
- Software & services
- Online subscription
- Fitness & wellness app
- Others
- Personal medical devices
- Latin America Connected Health And Wellness Solutions Function Outlook (Revenue, USD Million, 2018-2030)
- Clinical Monitoring
- Telehealth
- Latin America Connected Health And Wellness Solutions Application Outlook (Revenue, USD Million, 2018-2030)
- Diagnosis & Treatment
- Wellness and prevention
- Monitoring
- Others
- Latin America Connected Health And Wellness Solutions End User Outlook (Revenue, USD Million, 2018-2030)
- Home Monitoring
- Hospitals & Clinics
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Target buyers of Latin America connected health and wellness solutions market databook
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Our clientele includes a mix of connected health and wellness solutions market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America connected health and wellness solutions market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America connected health and wellness solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America connected health and wellness solutions market size, by country, 2018-2030 (US$M)
Latin America Connected Health And Wellness Solutions Market Outlook Share, 2023 & 2030 (US$M)
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