Latin America Home Healthcare Market Size & Outlook
Latin America home healthcare market, 2018-2030 (US$M)
Related Markets
Latin America home healthcare market highlights
- The Latin America home healthcare market generated a revenue of USD 28,930.8 million in 2023.
- The market is expected to grow at a CAGR of 8.8% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Equipment is the most lucrative component 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 28,930.8 million |
| Market revenue in 2030 | USD 52,124.1 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Equipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Services |
| Key market players worldwide | B. Braun, Abbott Laboratories, Sunrise Medical, 3M Co, Baxter International Inc, Medtronic PLC, Cardinal Health Inc, Roche Holding AG ADR, Air Liquide SA, Amedisys Inc, Fresenius Medical Care AG, Arkray, Becton Dickinson & Co, OMRON Corp, Drive Medical, GE Aerospace, Medline Industries, Koninklijke Philips NV, Johnson & Johnson, Linde PLC, Vygon, Teleflex Inc, Moog Inc A, Fresenius SE & Co KGaA, Bayer AG, UnitedHealth Group Inc, Brookdale Senior Living Inc, Sunrise Senior Living, Genesis Healthcare Inc Class A, Extendicare Inc, Sonida Senior Living Inc, Home Instead |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global home 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 134,040.4 million by 2030.
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Home Healthcare Market Scope
Home Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America home 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 home healthcare market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 84.29% in 2023. Horizon Databook has segmented the Latin America home healthcare market based on equipment, services covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America Home Healthcare market is primarily driven by Brazil, Mexico, Argentina, and Colombia. Growing investments by market players in the region, proximity to North America, and free-trade agreements with major countries such as the U.S., Canada, Japan, & several European countries are among the factors anticipated to boost the Latin America market during the forecast period.
Government regulations encouraging the commercialization of medical devices in the country are also anticipated to contribute to market expansion. For example, the majority of Latin American nations only require FDA or CE mark approval for marketing approvals. Brazil dominated the Latin American market in 2022 and is expected to maintain its position during the forecast period.
Major investments by key market players in the emerging economy and presence of a large target population are factors expected to drive market growth.
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Our clientele includes a mix of home healthcare market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America home healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America home healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America home healthcare market size, by country, 2018-2030 (US$M)
Latin America Home Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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