By 2025, the forecasted value of the telemedicine market in Latin America is estimated to reach 3.48 billion U.S. dollars, an increase of 120 percent from 1.57 billion U.S. dollars in 2020. As increasingly more services and products go online, telemedicine has been a growing trend alongside internet penetration rates. Exacerbated during the COVID-19 pandemic, telemedicine appointments in Colombia tripled in reservation rate between May and April 2020.
Telemedicine market value in Latin America from 2020 to 2025
(in billion U.S. dollars)
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Statista. (February 15, 2020). Telemedicine market value in Latin America from 2020 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/800293/telemedicine-market-value-latin-america/
Statista. "Telemedicine market value in Latin America from 2020 to 2025 (in billion U.S. dollars)." Chart. February 15, 2020. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/800293/telemedicine-market-value-latin-america/
Statista. (2020). Telemedicine market value in Latin America from 2020 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/800293/telemedicine-market-value-latin-america/
Statista. "Telemedicine Market Value in Latin America from 2020 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Feb 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/800293/telemedicine-market-value-latin-america/
Statista, Telemedicine market value in Latin America from 2020 to 2025 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/800293/telemedicine-market-value-latin-america/ (last visited November 13, 2024)
Telemedicine market value in Latin America from 2020 to 2025 (in billion U.S. dollars) [Graph], Statista, February 15, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/800293/telemedicine-market-value-latin-america/
