Latin America Internet Of Things In Healthcare Market Size & Outlook
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Latin America internet of things in healthcare market highlights
- The Latin America internet of things in healthcare market generated a revenue of USD 2,836.0 million in 2023.
- The market is expected to grow at a CAGR of 22% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating component in 2023.
- Software and Systems is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 2,836.0 million |
| Market revenue in 2030 | USD 11,413.4 million |
| Growth rate | 22% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software and Systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Devices, Software and Systems, Services |
| Key market players worldwide | Medtronic PLC, Cisco Systems Inc, International Business Machines Corp, GE HealthCare Technologies Inc Common Stock, Microsoft Corp, SAP SE, Infosys Ltd ADR, Cerner Corporation, Qualcomm Inc, Amazon.com Inc, Intel Corp, Wipro Ltd ADR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.4% of the global internet of things 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 53,345.6 million by 2030.
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Internet Of Things In Healthcare Market Scope
Internet Of Things In Healthcare Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Cerner Corporation | View profile | - | North Kansas City, Missouri, United States, North America | http://www.cerner.com |
| Infosys Ltd ADR | View profile | 322663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | https://www.infosys.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Wipro Ltd ADR | View profile | 244707 | Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 | https://www.wipro.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Latin America internet of things 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 internet of things in healthcare market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 37.15% in 2023. Horizon Databook has segmented the Latin America internet of things in healthcare market based on medical devices, software and systems, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Internet Of Things In Healthcare Component Outlook (Revenue, USD Million, 2018-2030)
- Medical Devices
- Wearable External Device
- Implanted Medical Devices
- Stationary Medical Devices
- Software and Systems
- Remote device management
- Network Bandwidth Management
- Data analytics
- Application security
- Network Security
- Services
- System Integration
- Consulting, Training and education
- Support and maintenance
- Medical Devices
- Latin America Internet Of Things In Healthcare Connectivity Technology Outlook (Revenue, USD Million, 2018-2030)
- Wi-Fi
- Bluetooth Low Energy
- ZigBee
- RFID
- Cellular
- LPWAN
- Latin America Internet Of Things In Healthcare End Use Outlook (Revenue, USD Million, 2018-2030)
- Clinical Research Organization(CRO)
- Hospitals and clinics
- Research and Diagnostic Laboratories
- Others
- Latin America Internet Of Things In Healthcare Application Outlook (Revenue, USD Million, 2018-2030)
- Telemedicine
- Medication Management
- Clinical Operations
- Patient Monitoring
- Connected Imaging
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America internet of things in healthcare market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America internet of things in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America internet of things in healthcare market size, by country, 2018-2030 (US$M)
Latin America Internet Of Things In Healthcare Market Outlook Share, 2023 & 2030 (US$M)
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