South and Central America Healthcare Mobility Solutions Market is expected to reach US$ 8,678.52 million by 2027


PRESS RELEASE BY The Insight Partners 30 Aug 2021

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The mobile devices by products and services is estimated to lead the market growth during the forecast period.

According to The Insight Partners market research study of “South and Central America Healthcare Mobility Solutions Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Products and Services, Application, End User and Country.” The South and Central America healthcare mobility solutions market is expected to reach US$ 8,678.52 million in 2027 from US$ 2,394.03 million in 2020; it is estimated to grow at a CAGR of 20.2% from 2020 to 2027. The report highlights trends prevailing in the South and Central America healthcare mobility solutions market and the factors driving market along with those that act as hindrances.

Advancements and use of telemedicine and mHealth technologies have been benefiting physicians, patients, promoters, facilities, and communities through improved health outcomes. These technologies have increased patient engagement along with promoting appropriate use of mobile technologies. They are widely preferred for booking appointments for diagnostics, consultation, treatment, and many more clinical aspects. The use of telemedicine and mHealth allows healthcare providers to provide patient care beyond clinics. Telemedicine apps are also employed to provide medical education services as they allow students to visualize experiments conducted by experts and share the knowledge to students and patients with highest ease. Thus, the increasing adoption of telemedicine and mHealth applications is driving the mobility solutions market growth. Mobile devices have become significant enablers of healthcare IT, and they are widely being used by healthcare providers as the most convenient means to treat patients, as well as to monitor their progress. Since the initiation of digital healthcare, there has been increased use of mobile devices. Further, the use of mobile devices has increased tenfold amid the COVID-19 pandemic, which has propelled various companies to diversify. Thus, due to various advantages, there has been a boost in the use of medical devices in the healthcare sector, which is fuelling the adoption of healthcare mobility solutions.

South and Central America has been recording a growing number of COVID-19 cases since its outbreak. However, recognizing that digital health initiatives would be progressively relevant, the World Bank is designing a Latin America health development plan as part of its initiatives to help countries reimagine their PHC structures and increase emerging technologies as a core aspect of service delivery. More than 200 million citizens in Latin America and the Caribbean have limited connectivity to obtain telecare. The promise of delivering long-distance healthcare to the neediest, although at the same time reducing prices, cannot be met without the basic levels of access and digital literacy. Thus, the COVID-19 pandemic has a minor impact on the healthcare mobility solutions market in South and Central America.

Based on products and services, the South and Central America healthcare mobility solutions market is segmented into mobile devices, mobile applications, and enterprise mobility platforms. The mobile devices can be sub-segmented into mobile computers, rfid scanners, barcode scanners, and other mobile devices. Based on application, the South and Central America healthcare mobility solutions market is segmented into enterprise solutions, and mHealth applications. The enterprise solutions can be further sub-segmented into patient care management, operations management and workforce management. Also, mHealth applications can be further bifurcated into weight loss, women’s health, sleep monitoring, medication management market and other mhealth applications. Based on end user, the South and Central America healthcare mobility solutions market is segmented into healthcare providers, healthcare payers, and patients. Geographically, the South and Central America healthcare mobility solutions market can be segmented into Brazil, Argentina and Rest of South and Central America.

Oracle Corporation, Cisco Systems, Inc, Koninklijke Philips N.V., SAP SE, Zebra Technologies Corporation, AT&T Inc. and Honeywell International Inc.are among the leading companies operating in the South and Central America healthcare mobility solutions market.

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