Mexico Mhealth Apps Market Size & Outlook, 2023-2030
Mexico mhealth apps market, 2018-2030 (US$M)
Related Markets
Mexico mhealth apps market highlights
- The Mexico mhealth apps market generated a revenue of USD 315.6 million in 2023 and is expected to reach USD 940.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 16.9% from 2024 to 2030.
- In terms of segment, medical apps was the largest revenue generating type in 2023.
- Medical Apps is the most lucrative type segment registering the fastest growth during the forecast period.
Mhealth apps market data book summary
| Market revenue in 2023 | USD 315.6 million |
| Market revenue in 2030 | USD 940.4 million |
| Growth rate | 16.9% (CAGR from 2023 to 2030) |
| Largest segment | Medical apps |
| Fastest growing segment | Medical Apps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Apps, Fitness Apps |
| Key market players worldwide | Apple Inc, Alphabet Inc Class A, Airstrip Technologies, Samsung Electronics Co Ltd, Veradigm Inc, AT&T, Orange SA, Teladoc Health Inc, AstraZeneca PLC, Abbott Laboratories, Sanofi SA, Johnson & Johnson, Novartis AG ADR, Pfizer Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.0% of the global mhealth apps market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil mhealth apps market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 940.4 million by 2030.
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MHealth Apps Market Scope
MHealth Apps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico mhealth apps 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 mhealth apps market will help companies and investors design strategic landscapes.
Medical apps was the largest segment with a revenue share of 71.48% in 2023. Horizon Databook has segmented the Mexico mhealth apps market based on medical apps, fitness apps covering the revenue growth of each sub-segment from 2018 to 2030.
Rising incidence of chronic diseases, especially diabetes, and aging population are driving the demand for chronic disease management and monitoring services. Presence of supportive public programs such as National Universal Health Coverage Policy, National Digital Strategy, Telehealth Program of Action, and National Health Information System is driving the growth of mHealth apps market in Mexico.
Various mHealth projects being initiated in the country are further expected to boost the demand for mHealth services in the market. For instance, Prospera Digital was started by specialized primary healthcare center of ISEM and is being used to provide useful maternal and infant related healthcare information through mobile apps.
Research collaborations are further fueling the market growth. For instance, collaboration between Tecnologico de Monterrey and the University of Houston has enabled the development and ongoing research on a device that can detect diabetes with a sample of saliva and a mobile phone.
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Our clientele includes a mix of mhealth apps market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico mhealth apps market, including forecasts for subscribers. This country databook contains high-level insights into Mexico mhealth apps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico mhealth app market size, by type, 2018-2030 (US$M)
Mexico MHealth Apps Market Share, 2023 & 2030 (US$M)
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