By 2027, the forecast value of the patient monitoring market in Latin America is expected to reach 4.76 billion U.S. dollars, an increase of 44 percent from 3.3 million U.S. dollars in 2022. Patient monitoring systems have become an efficient way for health care workers to operate in non-traditional hospital or clinical settings. This has become extremely helpful during the COVID-19 pandemic, when health care facilities were faced with reaching their maximum capacities.
Value of the patient monitoring 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 7.6%, 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 patient monitoring market in Latin America from 2022 to 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/800344/patient-monitoring-market-value-latin-america/
Statista. "Value of the patient monitoring market in Latin America from 2022 to 2027 (in billion U.S. dollars)." Chart. May 11, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/800344/patient-monitoring-market-value-latin-america/
Statista. (2023). Value of the patient monitoring market in Latin America from 2022 to 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/800344/patient-monitoring-market-value-latin-america/
Statista. "Value of The Patient Monitoring Market in Latin America from 2022 to 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/800344/patient-monitoring-market-value-latin-america/
Statista, Value of the patient monitoring market in Latin America from 2022 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/800344/patient-monitoring-market-value-latin-america/ (last visited December 30, 2024)
Value of the patient monitoring 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/800344/patient-monitoring-market-value-latin-america/
