Latin America Medical Telepresence Robots Market Size & Outlook
Latin America medical telepresence robots market, 2018-2030 (US$M)
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Latin America medical telepresence robots market highlights
- The Latin America medical telepresence robots market generated a revenue of USD 3.6 million in 2021.
- The market is expected to grow at a CAGR of 15.7% from 2022 to 2028.
- In terms of segment, mobile was the largest revenue generating type in 2021.
- Mobile is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2028.
Latin America data book summary
| Market revenue in 2021 | USD 3.6 million |
| Market revenue in 2028 | USD 10.0 million |
| Growth rate | 15.7% (CAGR from 2021 to 2028) |
| Largest segment | Mobile |
| Fastest growing segment | Mobile |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stationary, Mobile |
| Key market players worldwide | Vicarious Surgical Inc, AMY Robotics, Ava Robotics, Blue Ocean Robotics, InTouch Health, OhmniLabs, VGo Communications, Xandex Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global medical telepresence robots market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39.6 million by 2028.
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Medical Telepresence Robots Market Scope
Medical Telepresence Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America medical telepresence robots 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 medical telepresence robots market will help companies and investors design strategic landscapes.
Mobile was the largest segment with a revenue share of 69.44% in 2023. Horizon Databook has segmented the Latin America medical telepresence robots market based on stationary, mobile covering the revenue growth of each sub-segment from 2018 to 2030.
The government initiatives and the skilled workforce is expected to support the faster progress and adoption of robotics technology in the region. Mexico is one of the largest importers of industrial robots and the country is expanding the application of robotics in various sectors further influencing the market growth.
Similarly, other countries such as Brazil and Argentina are reported to witness a hike in the adoption and implementation of robotics in various sectors, including healthcare. In addition, the growing technology and the availability of advanced products are expected to further support the adoption of the medical telepresence robot.
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Our clientele includes a mix of medical telepresence robots 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 medical telepresence robots market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical telepresence robots market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America medical telepresence robots market size, by country, 2018-2030 (US$M)
Latin America Medical Telepresence Robots Market Outlook Share, 2023 & 2030 (US$M)
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