Latin America Generative Ai In Healthcare Market Size & Outlook

The generative ai in healthcare market in Latin America is expected to reach a projected revenue of US$ 321.9 million by 2030. A compound annual growth rate of 32.3% is expected of Latin America generative ai in healthcare market from 2024 to 2030.
Revenue, 2023 (US$M)
$45.3
Forecast, 2030 (US$M)
$321.9
CAGR, 2024 - 2030
32.3%
Report Coverage
Latin America

Latin America generative ai in healthcare market highlights

  • The Latin America generative ai in healthcare market generated a revenue of USD 45.3 million in 2023.
  • The market is expected to grow at a CAGR of 32.3% from 2024 to 2030.
  • In terms of segment, solution was the largest revenue generating component in 2023.
  • Solution is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 45.3 million
Market revenue in 2030USD 321.9 million
Growth rate32.3% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentSolution
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Service
Key market players worldwideAlphabet Inc Class A, International Business Machines Corp, Johnson & Johnson, Microsoft Corp, Oracle Corp, Tencent Holdings Ltd ADR, Neuralink, NioyaTech, OpenAI, Saxon AI, Syntegra

Other key industry trends

  • In terms of revenue, Latin America region accounted for 2.7% of the global generative ai in healthcare 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 5,068.9 million by 2030.

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Generative AI In Healthcare Market Companies

Name Profile # Employees HQ Website

Latin America generative ai in healthcare 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 generative ai in healthcare market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 61.37% in 2023. Horizon Databook has segmented the Latin America generative ai in healthcare market based on solution, service covering the revenue growth of each sub-segment from 2017 to 2030.


  • Latin America Generative AI In Healthcare Component Outlook (Revenue, USD Million, 2017-2030)
    • Solution
    • Service
  • Latin America Generative AI In Healthcare Function Outlook (Revenue, USD Million, 2017-2030)
    • Virtual Nursing Assistants
    • Robot-Assisted AI Surgery
    • Administrative Process Optimization
    • Medical Imaging Analysis
  • Latin America Generative AI In Healthcare End-Use Outlook (Revenue, USD Million, 2017-2030)
    • Clinical Research
    • Medical Centers
    • Diagnostic Centers
    • Others
  • Latin America Generative AI In Healthcare Application Outlook (Revenue, USD Million, 2017-2030)
    • Clinical
    • System

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America generative ai in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America generative ai in healthcare market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America generative ai in healthcare market size, by country, 2017-2030 (US$M)

Latin America Generative AI In Healthcare Market Outlook Share, 2023 & 2030 (US$M)

Latin America generative ai in healthcare market size, by country, 2017-2030 (US$M)

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