South America mHealth Market Forecast to 2028 - COVID-19 Impact and Regional Analysis– by Service Type (Remote Monitoring, Diagnosis, Treatment, Health Support, Fitness & Wellness, and Others), Devices Type (Insulin Pimp, BP Monitor, Glucose Monitor, Personal Pulse Oximeter, and Others), and End User Type (Mobile Operators, Devices Vendors, Health Providers, and Others)

The South America mHealth market is expected to reach US$ 55,279.90 million by 2028 from US$ 9,809.14 million in 2021. The market is estimated to grow at a CAGR of 28.0% from 2021 to 2028.

Connected devices are shaping the modern world, opening space for greater mobility and agility, increasing efficiency and productivity, and allowing to receive and processing of various types of data for valuable insights.Hence, the IoT trend eventually paved its way to healthcare, where it is known as the Internet of Medical Things (IOMT). Gradually, mHealth apps and IOMT devices such as wearables are going hand in hand, providing meaningful grounds for each other. For instance, Apple watches, when introduced in 2015, were mainly used for fitness tracking, while today, Apple’s “Movement Disorder API” allows monitoring symptoms and gathering new insights into Parkinson’s disease. Nearly all IoMT devices require integration with a mHealth app, and the latter provides the app with useful data that ensures better health management.The South America mHealth market is expected to grow at a good CAGR during the forecast period.

South America mHealth Revenue and Forecast to 2028 (US$ Million)

South America mHealth Market Segmentation     

The South America mHealth market is segmented into service type, devices type, end user type, and country. Based on service type, the South America mHealth market is segmented into remote monitoring, diagnosis, treatment, health support, fitness & wellness, and others. The remote monitoring segment dominated the South America mHealth market in 2020. Based on devices type, the South America mHealth market is divided into insulin pimp, bp monitor, glucose monitor, personal pulse oximeter, and others. The insulin pimp segment dominated the South America mHealth market in 2020. Based on end user type, the South America mHealth market is categorized into mobile operators, devices vendors, health providers, and others. The mobile operators dominated the South America mHealth market in 2020. Based on country, South America mHealth market is segmented into Brazil, Argentina, and the rest of SAM. Brazil dominated South America mHealth market in 2020.

Koninklijeke Phillips N.V; Medtronic; Boston Scientific Corporation; CISCO SYSTEM, Inc; OMRON Corporation; and Masimo are among the leading companies in South America mHealth market.

1.Koninklijeke Phillips N.V.

2.Medtronic.

3.Boston Scientific Corporation.

4.CISCO SYSTEM,Inc.

5.OMRON Corporation.

6. Masimo.

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