Argentina Mhealth Market Size & Outlook, 2023-2030
Argentina Mhealth Market, 2018-2030 (US$M)
Global Market
Related Markets
Argentina mhealth market highlights
- The Argentina mhealth market generated a revenue of USD 856.0 million in 2023 and is expected to reach USD 2,431.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 16.1% from 2024 to 2030.
- In terms of segment, mhealth apps was the largest revenue generating component in 2023.
- MHealth Apps is the most lucrative component segment registering the fastest growth during the forecast period.
Mhealth market data book summary
| Market revenue in 2023 | USD 856.0 million |
| Market revenue in 2030 | USD 2,431.6 million |
| Growth rate | 16.1% (CAGR from 2023 to 2030) |
| Largest segment | Mhealth apps |
| Fastest growing segment | MHealth Apps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wearables & Connected Medical Devices, MHealth Apps, Services |
| Key market players worldwide | Apple Inc, AT&T, Airstrip Technologies, Veradigm Inc, Qualcomm Inc, Vodafone Group PLC, Alphabet Inc Class A, Telefonica SA, SoftServe, Samsung Electronics Co Ltd, Orange SA |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.3% of the global mhealth market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil mhealth market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 2,431.6 million by 2030.
Healthcare infrastructure in a few parts of Argentina is largely underdeveloped. Rural areas of the country lack basic healthcare access due to remoteness, lack of funding, and shortage of skilled healthcare professionals.
Moreover, the increasing prevalence of cardiovascular diseases is anticipated to boost market growth. According to a 2022 NIH report, cardiovascular diseases account for 34% of all deaths in Argentina.
The government has also collaborated with private organizations, such as The Omint Health Group, a developer of an online medical platform that enables video consultations between patients and doctors. Omint collaborated with Instituto Cardiovascular de Buenos Aires to aid in cardiac infraction cases.
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Mhealth Market Scope
Mhealth Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Apple Inc | View profile | 161,000 | One Apple Park Way, Cupertino, CA, United States, 95014 | www.apple.com |
| Veradigm Inc | View profile | 7,869 | 222 Merchandise Mart Plaza, Suite 2024, Chicago, IL, United States, 60654 | www.veradigm.com |
| Alphabet Inc Class A | View profile | 180,895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | www.abc.xyz |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Qualcomm Inc | View profile | 50,000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | www.qualcomm.com |
| Orange SA | View profile | 129,500 | 111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, France, 92130 | www.orange.com/en |
| SoftServe | View profile | 5001-10000 | Austin, Texas, United States, North America | www.softserveinc.com |
| Vodafone Group PLC | View profile | 85,225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | www.vodafone.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | www.att.com |
| Airstrip Technologies | View profile | 101-250 | San Antonio, Texas, United States, North America | www.airstrip.com/ |
Argentina Mhealth 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 Market Outlook will help companies and investors design strategic landscapes.
Mhealth Apps was the largest segment with a revenue share of 60.62% in 2023.
Horizon Databook has segmented the Argentina mhealth market based on wearables & connected medical devices, mhealth apps, services covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare infrastructure in a few parts of Argentina is largely underdeveloped. Rural areas of the country lack basic healthcare access due to remoteness, lack of funding, and shortage of skilled healthcare professionals.
Moreover, the increasing prevalence of cardiovascular diseases is anticipated to boost market growth. According to a 2022 NIH report, cardiovascular diseases account for 34% of all deaths in Argentina.
The government has also collaborated with private organizations, such as The Omint Health Group, a developer of an online medical platform that enables video consultations between patients and doctors. Omint collaborated with Instituto Cardiovascular de Buenos Aires to aid in cardiac infraction cases.
- Argentina Mhealth Market Component Outlook (Revenue, USD Million , 2018-2030)
- Wearables & Connected Medical Devices
- mHealth Apps
- Services
- Argentina Mhealth Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Patients
- Providers
- Payers
- Other End-user
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina Mhealth Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Argentina Mhealth Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Argentina Mhealth Market, 2018-2030 (US$M)
Argentina mhealth market statistics, by component, 2018-2030 (US$M)
