Brazil Healthcare Payer Services Market Size & Outlook
Brazil healthcare payer services market, 2018-2030 (US$M)
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Brazil healthcare payer services market highlights
- The Brazil healthcare payer services market generated a revenue of USD 670.7 million in 2023 and is expected to reach USD 1,009.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, ito services was the largest revenue generating services in 2023.
- KPO Services is the most lucrative services segment registering the fastest growth during the forecast period.
Healthcare payer services market data book summary
| Market revenue in 2023 | USD 670.7 million |
| Market revenue in 2030 | USD 1,009.9 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Ito services |
| Fastest growing segment | KPO Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | BPO Services, ITO Services, KPO Services |
| Key market players worldwide | Cognizant Technology Solutions Corp Class A, ExlService Holdings Inc, Accenture PLC Class A, Xerox Holdings Corp, Concentrix Corp Ordinary Shares, Genpact Ltd, Wipro Ltd ADR, HCL Technologies, Hinduja Global Solutions |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.0% of the global healthcare payer services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil healthcare payer services market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 211.8 million by 2030.
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Healthcare Payer Services Market Scope
Healthcare Payer Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil healthcare payer services 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 healthcare payer services market will help companies and investors design strategic landscapes.
Ito services was the largest segment with a revenue share of 50.99% in 2023. Horizon Databook has segmented the Brazil healthcare payer services market based on bpo services, ito services, kpo services covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil, being the largest healthcare market in Latin America, allocates 9.1% of its GDP to healthcare, reflecting a robust sector. According to the International Trade of Administration, with 6,642 hospitals, of which 63% are private, the country has 532,645 hospital beds, 88,000 supplementary healthcare services, 502,000 physicians, 331,000 dentists, and 89,000 drugstores.
The Unified Healthcare System (SUS) serves around 70% of the population, offering medical services, free medication for chronic diseases, and national vaccination programs. The Ministry of Health supports the expansion of complementary and integrative practices in the public system.
ANVISA, akin to the FDA, regulates health-related products, providing opportunities for healthcare payer services to integrate and thrive in this dynamic market.
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Our clientele includes a mix of healthcare payer services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil healthcare payer services market , including forecasts for subscribers. This country databook contains high-level insights into Brazil healthcare payer services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil healthcare payer services market size, by services, 2018-2030 (US$M)
Brazil Healthcare Payer Services Market Outlook Share, 2023 & 2030 (US$M)
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