Brazil Digital Therapeutics Market Size & Outlook
Brazil digital therapeutics market, 2018-2030 (US$M)
Related Markets
Brazil digital therapeutics market highlights
- The Brazil digital therapeutics market generated a revenue of USD 103.0 million in 2023 and is expected to reach USD 621.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 29.3% from 2024 to 2030.
- In terms of segment, diabetes was the largest revenue generating application in 2023.
- Diabetes is the most lucrative application segment registering the fastest growth during the forecast period.
Digital therapeutics market data book summary
| Market revenue in 2023 | USD 103.0 million |
| Market revenue in 2030 | USD 621.6 million |
| Growth rate | 29.3% (CAGR from 2023 to 2030) |
| Largest segment | Diabetes |
| Fastest growing segment | Diabetes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diabetes, Obesity, CVD, Respiratory Diseases, Smoking Cessation, CNS Diseases |
| Key market players worldwide | Omega Healthcare Investors Inc, Teladoc Health Inc, ResMed Inc, Fitbit, Mango Health, Akili Inc Ordinary Shares, Hygeia Healthcare Holdings Co Ltd Ordinary Shares, DarioHealth Corp, BioGaia AB Class B |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.7% of the global digital therapeutics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil digital therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 621.6 million by 2030.
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Digital Therapeutics Market Scope
Digital Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil digital therapeutics 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 digital therapeutics market will help companies and investors design strategic landscapes.
Diabetes was the largest segment with a revenue share of 30.1% in 2023. Horizon Databook has segmented the Brazil digital therapeutics market based on diabetes, obesity, cvd, respiratory diseases, smoking cessation, cns diseases covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil holds significant opportunities for digital healthcare to harness its data and drive infrastructure. It is one of the most lucrative markets for digital therapeutics in Latin America, owing to high healthcare expenditure.
To advance the healthcare system in the country, individuals are becoming reliant on technology-driven healthcare services. The growing demand for advanced healthcare services has led to an increase in adoption of digital healthcare in the country.
In June 2019, iSage Rx, a subsidiary of Amalgam Rx, Inc., announced a partnership with Novo Nordisk to introduce iSage app in the country under the brand Dose Check. These initiatives are anticipated to increase market growth in Brazil.
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Our clientele includes a mix of digital therapeutics 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 country-level data and insights on the Brazil digital therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil digital therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil digital therapeutics market size, by application, 2018-2030 (US$M)
Brazil Digital Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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