Latin America Telehealth Market 2022-2027 - Industry Analysis, Share, Size, Trends and Research Report

According to the latest report by IMARC Group, titled "Latin America Telehealth Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" the latin america telehealth market is expected to exhibit a CAGR of 17.21% during 2022-2027.

Telehealth represents the remote delivery of clinical and non-clinical healthcare services via telecommunication technologies and electronic information. These technologies generally include remote patient monitoring (RPM), electronic data transmission, mobile health (mHealth) applications, store-and-forward imaging, video conferencing, etc. Telehealth solutions are extensively used by healthcare professionals for providing consultation, care management, patient monitoring, administrative meetings, imparting medical education, etc. In addition to this, these services are also utilized across several medical specialties, such as cardiology, neurology, radiology, psychiatry, dermatology, etc. 

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Latin America Telehealth Market Trends:

The growing prevalence of chronic diseases, including cardiovascular diseases, arthritis, cancer, etc., that require continual medical supervision is primarily driving the Latin America telehealth market. Additionally, the inflating need for home monitoring devices, on account of the expanding geriatric population, is further catalyzing the market growth. Besides this, the launch of various favorable policies by government bodies to promote the adoption of telehealth solutions is acting as another significant growth-inducing factor. Moreover, the increasing integration of telehealth services with numerous advanced technologies, such as artificial intelligence (AI), picture archiving and communication system (PACS), predictive analytics, etc., is positively influencing the regional market. Apart from this, the escalating demand for wearable devices, including smartwatches, to keep a regular check on blood glucose levels, blood pressure, sleep patterns, heart rate, severe pain in the body, etc., is anticipated to fuel the Latin America telehealth market over the forecasted period.

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Latin America Telehealth Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Aerotel Medical Systems, Boston Scientific Corporation, Cerner Corporation, Cisco Systems Inc., GE Healthcare (General Electric Company), GlobalMed (Schauenburg International GmbH), Honeywell International Inc., Medtronic, Philips Healthcare (Philips) and Siemens Healthineers (Siemens).

The report has segmented the market on the basis on country, type, communication technology, hosting type, application, end user.

Breakup by Type:

Hardware Components
Software Components
Services

Breakup by Communication Technology:

Video Conferencing
mHealth Solutions
Others

Breakup by Hosting Type:

Cloud-Based and Web-based
On-Premises

Breakup by Application:

Teleconsultation and Tele-mentoring
Medical Education and Training
Teleradiology
Telecardiology
Tele-ICU
Tele-Psychiatry
Tele-Dermatology
Others

Breakup by End User:

Providers
Patients
Payers
Others

Breakup by Country:

Brazil
Mexico
Argentina
Columbia
Chile
Peru
Others

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