PUBLISHER: KBV Research | PRODUCT CODE: 1565287
PUBLISHER: KBV Research | PRODUCT CODE: 1565287
The Latin America, Middle East and Africa Point Of Care Connectivity Solutions Market would witness market growth of 9.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Point Of Care Connectivity Solutions Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $30.4 million by 2031. The Argentina market is capturing a CAGR of 10.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.8% during (2024 - 2031).
The shift towards patient-centered care models has fueled the adoption of PoCCS. As healthcare systems prioritize patient engagement and empowerment, these solutions enable patients to actively participate in their care, enhancing satisfaction and adherence to treatment plans.
The point of care connectivity solutions market is continually evolving and driven by technological advancements and changing healthcare needs. Governments and regulatory bodies are increasingly promoting connected health solutions to improve care quality and reduce costs. Initiatives encouraging the adoption of PoCCS through funding, guidelines, and incentives are becoming more common. Integrating telehealth services with PoCCS is becoming a standard practice, especially post-pandemic. This trend allows healthcare providers to offer virtual consultations and follow-ups, enhancing care access and ensuring patient management continuity. The use of advanced data analytics and predictive modelling in PoCCS is rising. These tools help healthcare organizations analyze patient data to identify trends, forecast outcomes, and improve clinical decision-making, ultimately leading to better patient care.
The rising prevalence of non-communicable diseases in Saudi Arabia, particularly diabetes and obesity, significantly impacts the point of care connectivity solutions market. NCDs are responsible for 68% of all fatalities in the country, as per the International Trade Administration (ITA). With almost 18% of the adult population diagnosed with diabetes and over 40% being obese, there is a pressing need for enhanced healthcare solutions to manage and treat these conditions. This growing burden of chronic diseases necessitates implementing advanced POC connectivity solutions that provide timely and accurate health monitoring.
The focus on tackling obesity and related lifestyle disorders also drives the demand for POC connectivity solutions in Saudi Arabia. A comprehensive monitoring system that can measure vital indicators of health and support weight management programs is necessary, as over 40% of the population is classified as obese. POC connectivity solutions offer the capability to integrate data from various health monitoring devices, providing a holistic view of a patient's health status. This integration is essential for developing effective treatment plans and managing obesity-related complications. Therefore, the region's high healthcare budget and high prevalence of chronic diseases are driving the market's growth.
Based on Type, the market is segmented into Software and Services. Based on End Use, the market is segmented into Hospitals, Diagnostic Centers, Specialty Centers, Outpatient Facilities, and Other End Use. Based on Application, the market is segmented into Hematology, Glucose Monitoring, Coagulation Monitoring, Electrolyte and Blood Gas Analysis, Infectious Disease Devices, Cardio Metabolic Monitoring, and Other Application. 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 Point Of Care Connectivity Solutions Market Report Segmentation
By Type
By End Use
By Application
By Country