Latin America Telecare Market Size & Outlook, 2023-2030

The telecare market in Latin America is expected to reach a projected revenue of US$ 412.9 million by 2030. A compound annual growth rate of 7.4% is expected of Latin America telecare market from 2024 to 2030.
Revenue, 2023 (US$M)
$250.1
Forecast, 2030 (US$M)
$412.9
CAGR, 2024 - 2030
7.4%
Report Coverage
Latin America

Latin America telecare market highlights

  • The Latin America telecare market generated a revenue of USD 250.1 million in 2023.
  • The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
  • In terms of segment, remote medication management was the largest revenue generating type in 2023.
  • Remote Medication Management is the most lucrative type 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 2023USD 250.1 million
Market revenue in 2030USD 412.9 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentRemote medication management
Fastest growing segmentRemote Medication Management
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationActivity Monitoring, Remote Medication Management
Key market players worldwideTeladoc Health Inc, Abbott Laboratories, Johnson & Johnson, AstraZeneca PLC, Roche Holding AG ADR, Novartis AG ADR, Bristol-Myers Squibb Co, GlaxoSmithKline, Merck & Co Inc, Pfizer Inc, Sanofi SA, Samsung Electronics Co Ltd, Qualcomm Inc, Orange SA, Alphabet Inc Class A, Airstrip Technologies, AT&T, Apple Inc, Allscripts Healthcare


Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.7% of the global telecare market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 663.6 million by 2030.

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Telecare Market Companies

Name Profile # Employees HQ Website

Latin America telecare 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 telecare market will help companies and investors design strategic landscapes.


Remote medication management was the largest segment with a revenue share of 51.22% in 2023. Horizon Databook has segmented the Latin America telecare market based on activity monitoring, remote medication management covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of telecare 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 telecare market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America telecare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America telecare market size, by country, 2018-2030 (US$M)

Latin America Telecare Market Share, 2023 & 2030 (US$M)

Latin America telecare market size, by country, 2018-2030 (US$M)

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