Mexico Internet Of Things In Healthcare Market Size & Outlook

The internet of things in healthcare market in Mexico is expected to reach a projected revenue of US$ 2,640.6 million by 2030. A compound annual growth rate of 23.3% is expected of Mexico internet of things in healthcare market from 2024 to 2030.
Revenue, 2023 (US$M)
$611.0
Forecast, 2030 (US$M)
$2,640.6
CAGR, 2024 - 2030
23.3%
Report Coverage
Mexico

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Mexico internet of things in healthcare market, 2018-2030 (US$M)

Mexico internet of things in healthcare market, 2018-2030 (US$M)

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Mexico internet of things in healthcare market highlights

  • The Mexico internet of things in healthcare market generated a revenue of USD 611.0 million in 2023 and is expected to reach USD 2,640.6 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 23.3% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating component in 2023.
  • Software and Systems is the most lucrative component segment registering the fastest growth during the forecast period.

Internet of things in healthcare market data book summary

Market revenue in 2023USD 611.0 million
Market revenue in 2030USD 2,640.6 million
Growth rate23.3% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentSoftware and Systems
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMedical Devices, Software and Systems, Services
Key market players worldwideMedtronic PLC, Cisco Systems Inc, International Business Machines Corp, GE HealthCare Technologies Inc Common Stock, Microsoft Corp, SAP SE, Infosys Ltd ADR, Cerner Corporation, Qualcomm Inc, Amazon.com Inc, Intel Corp, Wipro Ltd ADR

Other key industry trends

  • In terms of revenue, Mexico accounted for 1.4% of the global internet of things in healthcare market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Mexico internet of things in healthcare market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 1,057.3 million by 2030.

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Internet Of Things In Healthcare Market Companies

Name Profile # Employees HQ Website
Cerner Corporation View profile - North Kansas City, Missouri, United States, North America http://www.cerner.com
Infosys Ltd ADR View profile 322663 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 https://www.infosys.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
Qualcomm Inc View profile 50000 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 https://www.qualcomm.com
SAP SE View profile 107602 Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 https://www.sap.com
Wipro Ltd ADR View profile 244707 Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 https://www.wipro.com
Medtronic PLC View profile 95000 Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 https://www.medtronic.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Intel Corp View profile 124800 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 https://www.intel.com
GE HealthCare Technologies Inc Common Stock View profile 51000 500 West Monroe Street, Chicago, IL, United States, 60661 https://www.gehealthcare.com
Amazon.com Inc View profile 1525000 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 https://www.amazon.com

Mexico internet of things in healthcare market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to internet of things in healthcare market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 37.15% in 2023. Horizon Databook has segmented the Mexico internet of things in healthcare market based on medical devices, software and systems, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Mexico Internet Of Things In Healthcare Component Outlook (Revenue, USD Million, 2018-2030)
    • Medical Devices
      • Wearable External Device
      • Implanted Medical Devices
      • Stationary Medical Devices
    • Software and Systems
      • Remote device management
      • Network Bandwidth Management
      • Data analytics
      • Application security
      • Network Security
    • Services
      • System Integration
      • Consulting, Training and education
      • Support and maintenance
  • Mexico Internet Of Things In Healthcare Connectivity Technology Outlook (Revenue, USD Million, 2018-2030)
    • Wi-Fi
    • Bluetooth Low Energy
    • ZigBee
    • RFID
    • Cellular
    • LPWAN
  • Mexico Internet Of Things In Healthcare End Use Outlook (Revenue, USD Million, 2018-2030)
    • Clinical Research Organization(CRO)
    • Hospitals and clinics
    • Research and Diagnostic Laboratories
    • Others
  • Mexico Internet Of Things In Healthcare Application Outlook (Revenue, USD Million, 2018-2030)
    • Telemedicine
    • Medication Management
    • Clinical Operations
    • Patient Monitoring
    • Connected Imaging
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico internet of things in healthcare market , including forecasts for subscribers. This country databook contains high-level insights into Mexico internet of things in healthcare market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico internet of things in healthcare market size, by component, 2018-2030 (US$M)

Mexico Internet Of Things In Healthcare Market Outlook Share, 2023 & 2030 (US$M)

Mexico internet of things in healthcare market size, by component, 2018-2030 (US$M)

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