PUBLISHER: KBV Research | PRODUCT CODE: 1565254
PUBLISHER: KBV Research | PRODUCT CODE: 1565254
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).
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.
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.
List of Key Companies Profiled
LAMEA Digital Health For Musculoskeletal Care Market Report Segmentation
By Component
By End Use
By Country