Latin America Healthcare Smart Card Reader Market Size & Outlook

The healthcare smart card reader market in Latin America is expected to reach a projected revenue of US$ 170.4 million by 2030. A compound annual growth rate of 14.8% is expected of Latin America healthcare smart card reader market from 2023 to 2030.

Revenue, 2022 (US$M)
$56.5
Forecast, 2030 (US$M)
$170.4
CAGR, 2023 - 2030
14.8%
Report Coverage
Latin America

Latin America healthcare smart card reader market highlights

  • The Latin America healthcare smart card reader market generated a revenue of USD 56.5 million in 2022.
  • The market is expected to grow at a CAGR of 14.8% from 2023 to 2030.
  • In terms of segment, contactless-based was the largest revenue generating interface in 2022.
  • Dual Interface-Based (Combination of contact and contactless models) is the most lucrative interface segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.

Latin America data book summary

Market revenue in 2022USD 56.5 million
Market revenue in 2030USD 170.4 million
Growth rate14.8% (CAGR from 2022 to 2030)
Largest segmentContactless-based
Fastest growing segmentDual Interface-Based (Combination of contact and contactless models)
Historical data covered2016 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationContactless-Based, Contact-Based, Dual Interface-Based (Combination of contact and contactless models)
Key market players worldwideIdentiv Inc, Advanced Card Systems, WISeKey International Holding Ltd ADR, Ingenico, Thales Group, RFIDeas, Assa Abloy AB Class B, Cherry, Feitian Technologies, IDENTOS Inc., SecuGen Corporation, IDEMIA, Zebra Technologies Corp Class A, Elatec RFID Systems, NXP Semiconductors NV

Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.1% of the global healthcare smart card reader market in 2022.
  • Globally, Asia Pacific 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 910.4 million by 2030.

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Healthcare Smart Card Reader Market Companies

Name Profile # Employees HQ Website

Latin America healthcare smart card reader 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 smart card reader market will help companies and investors design strategic landscapes.


Contactless-based was the largest segment with a revenue share of 27.96% in 2022. Horizon Databook has segmented the Latin America healthcare smart card reader market based on contactless-based, contact-based, dual interface-based (combination of contact and contactless models) covering the revenue growth of each sub-segment from 2016 to 2030.


  • Latin America Healthcare Smart Card Reader Interface Outlook (Revenue, USD Million, 2016-2030)
    • Others
    • Contactless-Based
    • Contact-Based
    • Dual Interface-Based (Combination of contact and contactless models)
  • Latin America Healthcare Smart Card Reader Application Outlook (Revenue, USD Million, 2016-2030)
    • Security & Access Management
    • Identity & Other Sensitive Information Management
  • Latin America Healthcare Smart Card Reader End Use Outlook (Revenue, USD Million, 2016-2030)
    • General Practitioners & Patients
    • Other (Pharmacists, Nurses, etc.)

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America healthcare smart card reader market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America healthcare smart card reader market from 2016 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America healthcare smart card reader market report size, by country, 2016-2030 (US$M)

Latin America Healthcare Smart Card Reader Market Outlook Share, 2022 & 2030 (US$M)

Latin America healthcare smart card reader market report size, by country, 2016-2030 (US$M)

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