Argentina Telemedicine Market Size & Outlook, 2023-2030
Argentina telemedicine market, 2018-2030 (US$M)
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Argentina telemedicine market highlights
- The Argentina telemedicine market generated a revenue of USD 936.7 million in 2023 and is expected to reach USD 3,286.3 million by 2030.
- The Argentina market is expected to grow at a CAGR of 19.6% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Telemedicine market data book summary
| Market revenue in 2023 | USD 936.7 million |
| Market revenue in 2030 | USD 3,286.3 million |
| Growth rate | 19.6% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Twilio Inc Class A, Teladoc Health Inc, Zoom Video Communications Inc |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global telemedicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil telemedicine market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 3,286.3 million by 2030.
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Telemedicine Market Scope
Telemedicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina telemedicine 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 telemedicine market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 52.09% in 2023. Horizon Databook has segmented the Argentina telemedicine market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
The initiative is part of the revolution of the healthcare system through the integration of information and communications tools that will permit distribution of services in a more accessible and personalized way, with higher superiority & efficiency.
In addition, in September 2019, GlobalMed launched “TeleMeditar,” a telemedicine program designed to transform healthcare delivery across the country and neighboring nations. Argentina’s medical tourism is among the top five in Latin America region and treatment cost is low in the country. These factors are expected to further drive the market growth.
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Our clientele includes a mix of telemedicine 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 Argentina telemedicine market , including forecasts for subscribers. This country databook contains high-level insights into Argentina telemedicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina telemedicine market size, by component, 2018-2030 (US$M)
Argentina Telemedicine Market Outlook Share, 2023 & 2030 (US$M)
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