Latin America Mhealth Services Market Size & Outlook

The mhealth services market in Latin America is expected to reach a projected revenue of US$ 3,548.3 million by 2030. A compound annual growth rate of 13.3% is expected of Latin America mhealth services market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,482.8
Forecast, 2030 (US$M)
$3,548.3
CAGR, 2024 - 2030
13.3%
Report Coverage
Latin America

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 2023USD 1,482.8 million
Market revenue in 2030USD 3,548.3 million
Growth rate13.3% (CAGR from 2023 to 2030)
Largest segmentMonitoring services
Fastest growing segmentDiagnosis Services
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMonitoring Services, Diagnosis Services, Healthcare Systems Strengthening Services
Key market players worldwideApple 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 Companies

Name Profile # Employees HQ Website

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
  • 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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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)

Latin America mhealth services market report size, by country, 2018-2030 (US$M)

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