LAMEA Digital Health In Neurology Market

LAMEA Digital Health In Neurology Market Size, Share & Trends Analysis Report By Component (Services, Software and Hardware), By End Use (Patients, Providers, Payers and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-21181 Publication Date: March-2024 Number of Pages: 91
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Market Report Description

The Latin America, Middle East and Africa Digital Health In Neurology Market would witness market growth of 25.0 % CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA Digital Health In Neurology Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,660.8 million by 2030. The Argentina market is showcasing a CAGR of 25.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 24.6% during (2023 - 2030).

LAMEA Digital Health In Neurology Market

Digital health platforms integrate genomic data to understand the genetic factors influencing neurological disorders. Neurologists can personalize treatment plans based on an individual's genetic predispositions by considering genomic information, optimizing therapeutic outcomes, and minimizing adverse effects. Based on genomic insights, the platforms facilitate the development of personalized treatment plans for individuals with neurological disorders. These plans consider the patient's genetic profile, allowing neurologists to tailor interventions to specific genetic susceptibilities.

Moreover, virtual reality applications are emerging as innovative tools for neurorehabilitation. VR platforms create immersive environments that facilitate engaging and targeted exercises for individuals recovering from neurological conditions. VR applications facilitate motor skills rehabilitation by incorporating interactive tasks that challenge users to perform fine and gross motor movements. VR is employed for cognitive training exercises that stimulate neuroplasticity—the brain's ability to reorganize and form new neural connections. Cognitive tasks in VR can include memory games, attention exercises, and problem-solving activities.

Saudi Arabia has actively invested in its healthcare sector to enhance services and infrastructure. As per the report titled Investing in Healthcare in UAE, published by the UAE Ministry of Economy, by 2023, the healthcare sector in the Middle East and North Africa is projected to have grown from $144 billion in 2020 to $243 billion, with Dubai's healthcare sector serving as a pivotal contributor to this expansion. Hence, the rising healthcare investments in LAMEA can lead to increased demand for digital health in neurology.

Free Valuable Insights: The Worldwide Digital Health In Neurology Market is Projected to reach USD 130.8 Billion by 2030, at a CAGR of 22.2%

Based on Component, the market is segmented into Services, Software and Hardware. Based on End Use, the market is segmented into Patients, Providers, Payers and Others. 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

  • Neofect
  • Teladoc Health, Inc.
  • Omada Health, Inc.
  • AdvancedMD, Inc.
  • Blackrock Microsystems Inc.
  • Big Health Inc.
  • BehaVR, LLC.
  • Aural Analytics, Inc.
  • AppliedVR, Inc.
  • Akili, Inc.

LAMEA Digital Health In Neurology Market Report Segmentation

By Component

  • Services
  • Software
  • Hardware

By End Use

  • Patients
  • Providers
  • Payers
  • Others

By Country

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