Despite the challenges facing Latin\nAmerican economies as they seek to recover from the COVID crisis, new data\nsuggests that region is growing rapidly in terms of its healthcare technology\nmarkets. Here is a quick look at some of the areas with strong projected\nexpansion:<\/p>\n\n\n\n
According to IMARC Group, Latin America\u2019s\ntelehealth market should grow with a CAGR of 23% during 2021-2026. Statista\nrecently reported that the forecasted value of Latin America\u2019s telemedicine\nmarket will reach US$3.48\nbillion by 2025<\/a>\u2014an increase of 120%\ncompared to 2020, when its value was US$1.57 billion. Contact GHI\ndirectly<\/a> to obtain a customized study of telemedicine\nin Latin America<\/a> for your company: this\nis one of the elements we regularly track among the 18,000 Latin American\nhospitals in our database. As such, we can help you understand the market and\nidentify key prospects based on technology use.<\/p>\n\n\n\n Over the next five years (2021-2026), the\nmedical robots market in Latin America will double in size, going from a market\nvalue of US$0.96 billion in 2021 to US$2.62\nbillion in 2026<\/a>, with a compound\nadjusted growth rate (CAGR) of 22.1% during this five-year period. Click here<\/a>\nto see GHI\u2019s research on hospitals with robotic\nsurgery systems in Latin America<\/a>\nand contact us<\/strong><\/a>\nif you\u2019re interested in a market landscape or sizing study to identify\npotential clients for these systems.<\/p>\n\n\n\n This branch of nanotechnology uses\nmaterials created at a nanoscale for diagnosing, monitoring and treating\ndiseases. According to Market Data Forecast, the Latin America nanomedicine\nmarket size is projected to grow with a CAGR of 14.1% between 2021 and 2026 to\nreach a value of US$37.4\nbillion<\/a>, nearly double its 2021 value of\nUS$19.3 billion.<\/p>\n\n\n\n These devices are placed inside the body\nfor a variety of functions, including delivering medications, monitoring health\nconditions and replacing body parts. The Latin American implantable medical\ndevices market is projected to grow with a CAGR\nof 6.8% between 2021 and 2026<\/a>,\naccording to IMACR Group. The research\nfirm cites sports injuries, accidents, medical tourism and the rising demand\nfor cosmetic surgeries as factors that will help drive this growth in Latin\nAmerica.<\/p>\n\n\n\n According to Market Data Forecast, the\nrising demand in Latin America for customized orthopedic and maxillofacial\nsurgery products is helping this market increase. The company forecasts that\nthe 3D printing of medical devices market in Latin America will expand from US$187\nmillion in 2021 to US$781 million by 2026<\/a>,\ngrowing with a CAGR of 33% during the forecast period.<\/p>\n\n\n\n These devices are used to monitor patients\nto help them manage glucose or insulin levels, blood pressure, hydration and\nmore. Market Data Forecast projects that the wearable medical devices market in\nLatin America will increase with a CAGR\nof 16.9%<\/a> between 2021-2026, posting a value\nof US$1.7 billion by 2026.<\/p>\n\n\n\n According to Market Insights Reports, the\nSouth America remote patient monitoring systems market will grow with a CAGR of\nmore than 38% between 2021 and 2026. However, it\u2019s important to note that this\nprojection only covers Brazil, Argentina and Colombia, not the rest of\ncountries in South America, much less the other large hospital markets in Latin\nAmerica, such as Mexico. <\/p>\n\n\n\n Contact GHI to explore a customized study\ncovering the growth of specific healthcare technologies in Latin America. We\ntrack a number of healthcare technology types via our HospiScope<\/a>\ndatabase, and our team is well-versed in executing market demand and sizing\nstudies to help companies create strategic sales plans or launch plans for\nspecific products. In addition, our Latin\nAmerica Hospital Monitoring Service<\/a>\nprovides monthly updates about developments in hospitals in all of the region\u2019s\nlargest markets.<\/p>\n","protected":false},"excerpt":{"rendered":" Different sectors are gaining massive ground<\/p>\n","protected":false},"author":24,"featured_media":16282,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[6032,6033,6034,6035,122,4828,6037,6039,6041,6042,6044,6046],"class_list":{"0":"post-16281","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ghi-analysis","8":"tag-3d-printing-of-medical-devices-market-in-latin-america-will-expand-from-us187-million-in-2021-to-us781-million-by-2026","9":"tag-between-2021-2026-the-medical-robots-market-in-latin-america-will-double-in-size-going-from-a-market-value-of-us0-96-billion-in-2021-to-us2-62-billion-in-2026","10":"tag-customized-study-covering-the-growth-of-specific-healthcare-technologies-in-latin-america","11":"tag-forecasted-value-of-latin-americas-telemedicine-market-will-reach-us3-48-billion-by-2025","12":"tag-global-health-intelligence-ghi","13":"tag-latam-hospital-monitoring-service","14":"tag-latin-america-nanomedicine-market-size-is-projected-to-grow-with-a-cagr-of-14-1-between-2021-and-2026-to-reach-a-value-of-us37-4-billion","15":"tag-latin-americas-telehealth-market-should-grow-with-a-cagr-of-23-during-2021-2026","16":"tag-latin-american-implantable-medical-devices-market-is-projected-to-grow-with-a-cagr-of-6-8-between-2021-and-2026","17":"tag-south-america-remote-patient-monitoring-systems-market-will-grow-with-a-cagr-of-more-than-38-between-2021-and-2026","18":"tag-the-explosion-of-latam-healthcare-technology","19":"tag-wearable-medical-devices-market-in-latin-america-will-increase-with-a-cagr-of-16-9-between-2021-2026"},"_links":{"self":[{"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/posts\/16281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/comments?post=16281"}],"version-history":[{"count":1,"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/posts\/16281\/revisions"}],"predecessor-version":[{"id":28564,"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/posts\/16281\/revisions\/28564"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/media\/16282"}],"wp:attachment":[{"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/media?parent=16281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/categories?post=16281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalhealthintelligence.com\/wp-json\/wp\/v2\/tags?post=16281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}#2 Robotic Surgery<\/h2>\n\n\n\n
#3 Nanomedicine<\/h2>\n\n\n\n
#4 Implantable Medical Devices<\/h2>\n\n\n\n
#5 3D Printing of Medical Devices<\/h2>\n\n\n\n
#6 Wearable Medical Devices<\/h2>\n\n\n\n
#7 Remote Patient Monitoring System<\/h2>\n\n\n\n
Next Steps<\/h2>\n\n\n\n