Latin America Mhealth Services Market Size & Outlook
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Latin America mhealth services market highlights
- The Latin America mhealth services market generated a revenue of USD 1,482.8 million in 2023.
- The market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
- In terms of segment, monitoring services was the largest revenue generating service type in 2023.
- Diagnosis Services is the most lucrative service type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 1,482.8 million |
| Market revenue in 2030 | USD 3,548.3 million |
| Growth rate | 13.3% (CAGR from 2023 to 2030) |
| Largest segment | Monitoring services |
| Fastest growing segment | Diagnosis Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monitoring Services, Diagnosis Services, Healthcare Systems Strengthening Services |
| Key market players worldwide | Apple Inc, Alphabet Inc Class A, Airstrip Technologies, Samsung Electronics Co Ltd, Veradigm Inc, Qualcomm Inc, Vodafone Group PLC, AT&T, Telefonica SA ADR, SoftServe, Orange SA |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global mhealth services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,136.6 million by 2030.
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MHealth Services Market Scope
MHealth Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Telefonica SA ADR | View profile | 104142 | Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, Spain, 28050 | https://www.telefonica.com |
| Airstrip Technologies | View profile | 101-250 | San Antonio, Texas, United States, North America | http://www.airstrip.com/ |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| SoftServe | View profile | 5001-10000 | Austin, Texas, United States, North America | http://www.softserveinc.com |
| Orange SA | View profile | 129500 | 111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, France, 92130 | https://www.orange.com/en |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Veradigm Inc | View profile | 7869 | 222 Merchandise Mart Plaza, Suite 2024, Chicago, IL, United States, 60654 | https://www.veradigm.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
Latin America mhealth services 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 services market will help companies and investors design strategic landscapes.
Monitoring services was the largest segment with a revenue share of 62.04% in 2023. Horizon Databook has segmented the Latin America mhealth services market based on monitoring services, diagnosis services, healthcare systems strengthening services covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America MHealth Services Service Type Outlook (Revenue, USD Million, 2018-2030)
- Monitoring Services
- Independent Aging Solutions
- Chronic Disease Management and Post-Acute Services
- Diagnosis Services
- Healthcare Systems Strengthening Services
- Others
- Monitoring Services
- Latin America MHealth Services Application Outlook (Revenue, USD Million, 2018-2030)
- General Healthcare & Fitness
- Medication Information
- Healthcare Management
- Others
- Latin America MHealth Services End User Outlook (Revenue, USD Million, 2018-2030)
- Healthcare Providers
- Patients
- Others
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Target buyers of Latin America mhealth services market databook
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Our clientele includes a mix of mhealth services 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 continent-level data and insights on the Latin America mhealth services market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America mhealth services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America mhealth services market report size, by country, 2018-2030 (US$M)
Latin America MHealth Services Market Share, 2023 & 2030 (US$M)
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