Brazil Telehealth Market Size & Outlook, 2023-2030
Brazil telehealth market, 2018-2030 (US$M)
Related Markets
Brazil telehealth market highlights
- The Brazil telehealth market generated a revenue of USD 1,535.6 million in 2023 and is expected to reach USD 6,692.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 23.4% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Telehealth market data book summary
| Market revenue in 2023 | USD 1,535.6 million |
| Market revenue in 2030 | USD 6,692.8 million |
| Growth rate | 23.4% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Oracle Corp, Siemens Healthineers AG ADR, Medtronic PLC, Teladoc Health Inc, American Well Corp Ordinary Shares - Class A, Evernorth, Doctor On Demand, Global Med Technologies |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.5% of the global telehealth market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil telehealth market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 5,174.0 million by 2030.
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Telehealth Market Scope
Telehealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil telehealth 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 telehealth market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 46.89% in 2023. Horizon Databook has segmented the Brazil telehealth market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing adoption of digital technology and growing healthcare sector have driven the telehealth market in Brazil. Hence, the Brazilian market for telehealth is growing at a significant rate owing to the availability of mobile health services & solutions.
These services & solutions help community healthcare workers in efficiently handling surveillance studies. Increasing collaborations between the government and private investors to promote digitalization of healthcare services are expected to propel market growth in the country.
For instance, Agfa Healthcare acquired Brazil’s leading healthcare IT Company and entered into partnerships with several hospitals to provide eHealth solutions in the country, including telehealth.
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Our clientele includes a mix of telehealth market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil telehealth market , including forecasts for subscribers. This country databook contains high-level insights into Brazil telehealth market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil telehealth market size, by product, 2018-2030 (US$M)
Brazil Telehealth Market Outlook Share, 2023 & 2030 (US$M)
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