The market value of mobile health in Latin America is forecast to reach approximately 23 billion U.S. dollars by 2027, up from an estimated five billion U.S. dollars in 2022. A compound annual growth rate (CAGR) of 36.45 percent is expected for the period. Mobile health, also known as mHealth, entails all of the mobile device services provided by medicine and health care providers.
Value of the mobile health market in Latin America from 2022 to 2027
(in billion U.S. dollars)
This Statista estimate is based on the calculated 2022 value and the compound annual growth rate until 2027 of 36.45%, which were provided by the source. An exponential development of the value was assumed.
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Statista. (May 11, 2023). Value of the mobile health market in Latin America from 2022 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1175636/mhealth-market-value-latin-america/
Statista. "Value of the mobile health market in Latin America from 2022 to 2027 (in billion U.S. dollars)." Chart. May 11, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1175636/mhealth-market-value-latin-america/
Statista. (2023). Value of the mobile health market in Latin America from 2022 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1175636/mhealth-market-value-latin-america/
Statista. "Value of The Mobile Health Market in Latin America from 2022 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/1175636/mhealth-market-value-latin-america/
Statista, Value of the mobile health market in Latin America from 2022 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1175636/mhealth-market-value-latin-america/ (last visited December 22, 2024)
Value of the mobile health market in Latin America from 2022 to 2027 (in billion U.S. dollars) [Graph], Statista, May 11, 2023. [Online]. Available: https://www.statista.com/statistics/1175636/mhealth-market-value-latin-america/
