LAMEA Digital Health For Musculoskeletal Care Market

LAMEA Digital Health For Musculoskeletal Care Market Size, Share & Trends Analysis Report By Component (Software & Services, and Hardware), By End Use (Patients, Providers, Payers, and Other Buyers), By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-24935 Publication Date: October-2024 Number of Pages: 98
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Digital Health For Musculoskeletal Care Market would witness market growth of 20.2% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Digital Health For Musculoskeletal Care Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $243.8 Million by 2031. The Argentina market is showcasing a CAGR of 21.8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 19% during (2024 - 2031).

LAMEA Digital Health For Musculoskeletal Care Market

Artificial intelligence (AI) is also a transformative force in digital musculoskeletal care. AI-powered algorithms can analyze large datasets of patient information, such as imaging results, medical histories, and physical activity data, to identify patterns and make accurate predictions about a patient’s condition. In MSK care, AI can potentially improve diagnostic accuracy, predict treatment outcomes, and optimize rehabilitation protocols.

With increasing global interest and participation in AI advancements, the FG-AI4H recognized the need for a long-term institutional structure. This partnership led to the Initiative on AI for Health (GI-AI4H). Launched in July 2023 under WHO, ITU, and the WIPO, the GI-AI4H is a resilient, long-term institutional structure grounded in its mission to enable, facilitate, and implement AI in healthcare.

This market in LAMEA is growing at a varied pace across different countries. Factors such as increasing healthcare digitization, growing incidences of chronic musculoskeletal conditions, and improving healthcare infrastructure are driving this demand. Governments across the region are gradually embracing telemedicine and digital health technologies to meet the healthcare needs of underserved populations and reduce the burden on traditional healthcare systems. In response to the growing MSK challenges associated with obesity, this market in these regions is expected to expand. Digital tools, including rehabilitation apps, telehealth consultations, and remote monitoring, will be essential in meeting the requirements of patients with obesity-related MSK conditions. In addition to enhancing the accessibility of care in marginalized areas, these technologies will allow healthcare providers to provide personalized care plans, monitor patient progress, and provide effective pain management solutions. Thus, as governments continue to push for healthcare digitization, the region is expected to experience sustained growth in the digital health for musculoskeletal care market.

Free Valuable Insights: The Worldwide Digital Health For Musculoskeletal Care Market is Projected to reach USD 11.8 Billion by 2031, at a CAGR of 17%

Based on Component, the market is segmented into Software & Services, and Hardware. Based on End Use, the market is segmented into Patients, Providers, Payers, and Other Buyers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • Hinge Health, Inc.
  • Sword Health, Inc.
  • Omada Health, Inc.
  • Kaia Health Software, Inc.
  • DarioHealth Corp.
  • IncludeHealth Inc.
  • SimpleTherapy, Inc.
  • Exer Labs, Inc.
  • Force Therapeutics LLC
  • Vori Health, Inc.

LAMEA Digital Health For Musculoskeletal Care Market Report Segmentation

By Component

  • Software & Services
  • Hardware

By End Use

  • Patients
  • Providers
  • Payers
  • Other Buyers

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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