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2021-07-09 LATIN AMERICA DIGITAL TRANSFORMATION IN HEALTHCARE MARKET 2021-2028
Converging&Hi-Tech/Healthcare
Triton Research

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MARKET OUTLOOK


Triton’s research report alludes that the Latin American digital transformation in healthcare market is likely to exhibit growth at a compound annual growth rate of 28.45% during the period 2021-2028. Mexico, Brazil, and Rest of Latin America shape the market in this region.

Mexico’s digitalization agenda is central to its future economic growth considering its robust manufacturing base. Moreover, the country’s healthcare model is evolving, resulting in the rise in digital services. Furthermore, numerous healthcare innovators are using technology to enhance their reach in an efficient manner through telemedicine. Other than this, companies like Seguritech have developed a mobile application that permits emergency services call center staff to carry out video calls with people experiencing COVID-19 symptoms. This has greatly supported the development of the digital transformation in healthcare market across Mexico. 

In Argentina, the government launched a citizen health portal, which supported the development of a digital health system across the country. This application offers personal information, such as digital vaccination cards, and works as a patient privacy manager to configure the consent for the information exchange via the EBS health network. As per estimates, a majority of the population has registered on the digital public delivery platform, Mi Argentina. Therefore, this rise in digital health services will open new avenues for the digital transformation in healthcare market within Argentina in the upcoming years. 


COMPETITIVE OUTLOOK 


Some of the firms in the digital transformation in healthcare market consist of Infosys Limited, GE Healthcare, Microsoft Corporation, Siemens Healthineers, Tata Consultancy Services Ltd, Schneider Electric SE, and Apple Inc.  


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