Latin America Patient Engagement Solutions Market Size & Outlook
Latin America patient engagement solutions market, 2018-2030 (US$M)
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Latin America patient engagement solutions market highlights
- The Latin America patient engagement solutions market generated a revenue of USD 1,904.8 million in 2023.
- The market is expected to grow at a CAGR of 18.7% from 2024 to 2030.
- In terms of segment, web & cloud based was the largest revenue generating delivery type in 2023.
- Web & Cloud based is the most lucrative delivery type 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 1,904.8 million |
| Market revenue in 2030 | USD 6,319.1 million |
| Growth rate | 18.7% (CAGR from 2023 to 2030) |
| Largest segment | Web & cloud based |
| Fastest growing segment | Web & Cloud based |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Web & Cloud based, On premise |
| Key market players worldwide | Cerner Corporation, NextGen Healthcare, Epic Systems Corporation, Allscripts Healthcare, McKesson Corp, ResMed Inc, Koninklijke Philips NV, Experian PLC, Athenahealth, International Business Machines Corp, Harris Technology, Nuance Communications |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.4% of the global patient engagement solutions 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 17,087.5 million by 2030.
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Patient Engagement Solutions Market Scope
Patient Engagement Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America patient engagement solutions 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 patient engagement solutions market will help companies and investors design strategic landscapes.
Web & cloud based was the largest segment with a revenue share of 77.93% in 2023. Horizon Databook has segmented the Latin America patient engagement solutions market based on web & cloud based, on premise covering the revenue growth of each sub-segment from 2018 to 2030.
Rising awareness of patient engagement solutions is expected to drive this market during the forecast period. The steady growth rate can be attributed to presence of government bodies and non-government organizations, which are trying to develop data bases and implement health information exchange systems over this region.
The availability of advanced healthcare treatments at a considerably low cost as compared to North America and Europe is increasing medical tourism in the region. The government of these countries focuses on improving the healthcare facilities in the region.
As a result, patients from developed countries, such as Canada, U.S., and Germany, are anticipated to prefer Latin America for diseases treatment. Owing to this the patient data base increases, which further helps in developing advanced solutions.
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Our clientele includes a mix of patient engagement solutions 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 patient engagement solutions market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America patient engagement solutions market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America patient engagement solutions market size, by country, 2018-2030 (US$M)
Latin America Patient Engagement Solutions Market Outlook Share, 2023 & 2030 (US$M)
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