Mexico Connected Healthcare Market Analysis

Mexico Connected Healthcare Market
Analysis
A sample report on

This report presents a strategic analysis of the Mexico Connected
Healthcare Market and a forecast for its development in the medium
and long term. It provides a comprehensive overview of the market
value, dynamics, segmentation, main players, growth and demand
drivers, challenges & future outlook, etc. This is one of the most
comprehensive reports about the Mexico Connected Healthcare
Market, and offers unmatched value, accuracy, and expert insights.

3
A Sample Report on Mexico Connected Healthcare Market Analysis I Confidential
Report Scope
Report Attribute Details
Number of Pages 70-80
Base Year for Estimation 2022
Forecast Period 2023-2030
Report Coverage
Market Overview, Revenue Forecast, Market Segmentation, Growth Factors and Trends,
Competitive Landscape, Key Company Profiles, Government Policies, Regulatory Landscape,
Reimbursement Scenario
Quantitative Units Revenue in USD Million/Billion (Mn/Bn)
Research Approach Secondary Research (80%), Primary Research (20%)
Click on the icon to know the detailed methodology

4
Table of Content
CONTENT PG. NO.
1. Market Overview 09-18
1.1. Market Overview: Global
1.2. Overview: Mexico
1.3. Economic Overview: Mexico
1.4. Statistics at a Glance: Mexico
1.5. Digital Health in Mexico
1.6. Healthcare Scenario in Mexico
1.7. Health Insurance Coverage: Mexico
1.8. Mergers and Acquisitions
2. Market Size and Forecasting 19-24
2.1. Market Size and Forecasts
2.2. Market Segmentation

5
Table of Content
CONTENT PG. NO.
2.2.1. By Type
2.2.2. By Application
2.2.3. By End User
3. Market Dynamics 25-29
3.1. Market Growth Drivers
3.1.1. Mexico Connected Healthcare Market Driver 1
3.2. Market Restraints
3.2.1. Mexico Connected Healthcare Market Restraint 1

6
Table of Content
CONTENT PG. NO.
4. Competitive Landscape 30-37
4.1. Key Company Profile
4.1.1. IBM Corporation
4.1.2. Apple Inc.
4.1.3. Cerner Corporation
4.1.4. Koninklijike Philips N.V.
4.1.5. Garmin Ltd.
4.1.6. Huawei Technologies Co., Ltd.
4.1.7. Medtronic plc
4.1.8. Siemens Healthineers
4.1.9. Terapify.
4.1.10. Fundación Carlos Slim.

7
Table of Content
CONTENT PG. NO.
5. Regulatory & Reimbursement Scenario 38-40
5.1. Regulatory Scenario
5.2. Reimbursement Regulation
6. Methodology & Scope 41-47

Connected Healthcare
▪ Connected healthcare, also known as digital healthcare or eHealth, refers to the use of digital
technologies and interconnected devices to enhance the delivery and management of healthcare
services
▪ It involves the integration of information and communication technologies to facilitate the
exchange of data and improve various aspects of healthcare
Top Inclusions in connected healthcare encompass the following technologies and applications
▪ Telemedicine and Virtual Consultations: Virtual healthcare services that enable remote consultations,
diagnosis, and monitoring of patients using video conferencing, messaging, and other digital communication
tools
▪ Electronic Health Records (EHRs): Digital systems that store and manage patients' health information,
making it easily accessible to authorized healthcare professionals
▪ Wearable Health Devices: Technologies such as fitness trackers, smartwatches, and other wearables that
collect and transmit health-related data
▪ Remote Patient Monitoring (RPM): Devices that allow healthcare providers to monitor patients' health
remotely, especially those with chronic conditions, through the use of connected sensors and monitors

Mexico Connected Healthcare Market Analysis
1. Market Overview

10
1.1 Market Overview: Global Scenario of Connected Healthcare
Illustrative
▪ Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪ In this section you will get an
understanding of the topic, which includes
the prevalence of the disease, the
application of medical devices, new
technology, and other details related to the
topic
▪ In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪ Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
$59 Bn
is the estimated global
market for connected
devices for 2022
43.1%
Is the market share ofNorth
America in the world
20%
more time spent on patients
by physicians with the help of
connected devices in
healthcare
1.48 Bn
People used digital health
platforms in Asian continent
alone in 2020
177.8 Mn
Is the estimated number of
people using digital
therapeutics worldwide
80%
of physicians used
televisits in 2022 according
to American Medical
Association

11
1.1 Market Overview: Global
North America
~Market Size of
$25.4 Bn
Europe
~Revenue to reach
$106.59 Bn by
2030
APAC
-Fastest CAGR
Africa
~Market Size of
$xx Bn
Illustrative
Mexico
~Market Size of
$xx Bn

12
1.2 Overview: Mexico
report
understanding of the demographics of the
country/region, which includes the
population, GDP, healthcare expenditure
and other details related to the topic
interest
129 Mn +
Population of Mexico
in 2022
29.8
Is the median age
in Mexico, in 2022
1.47 Tn
Is the Gross Domestic
Product (GDP) in
Mexico in 2022
5.5%
of Mexico’s GDP is
spent on health in 2021

13
1.3 Economic Overview: Mexico
XX
XX
2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2023F
Population of Mexico, (2020-2030)
XX
XX
2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2023F
GDP of Mexico, (2020-2030)
Population Split (2023)
Male
49%
Female
51%
By Gender By Age Group
0-14
15-24
25-54
55-64
65+
▪ In this section you will get an understanding of the demographics
of the country/region, which includes the population, GDP,
healthcare expenditure and other details related to the topic
▪ In order to obtain access to all of the information that you are
seeking, you will need to purchase the final report
▪ Final report will be comprehensive and detailed, and it will
include data, analysis, trends, and other relevant information
related to the topic or subject matter of interest
Illustrative

14
1.4 Statistics at a Glance: Mexico
Mexico Connected Healthcare Market Statistics
▪ Please be aware that this sample report
is intended to provide you with a brief
analysis that will be presented in the
final report
understanding of the topic, which
includes the prevalence of the disease,
the application of medical devices, new
technology, and other details related to
the topic in Mexico
information that you are seeking, you
will need to purchase the final report
detailed, and it will include data,
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
500+
HealthTech startups in Mexico
1.2 Mn
American citizens visited Mexico for
health care
20.05%
Annual growth rate of digital
health market
45%
of healthcare providers have
integrated virtual
consultations in their medical
practice

15
1.5 Digital Health in Mexico
2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F
Mexico Digital Health Market Forecast, 2022-2030 (in $Bn)
▪ Please be aware that this sample report is intended to provide you with a brief overview of the kind of information and analysis that will be
presented in the final report
▪ In this section you will get an understanding of the overall Digital Health market in Mexico, which includes the market size, current trends and
other details related to the topic
▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
▪ Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the topic or
Illustrative

16
1.6 Healthcare Scenario in Mexico
Illustrative
Healthcare scenario in Mexico is characterized by a robust system that aims to provide universal access to high-
quality healthcare services
▪ Mexico boasts a robust healthcare system with nearly universal coverage,
as over 70.9% of the population relies on the national social security
program
▪ the Ministry of Health (Secretaría de Salud or SSA)
Public Health Insurance
▪ Around X% of the total population in Mexico
▪ Pricing is
Private Health Insurance
▪ Mexico public healthcare is funded by the
Cost of Healthcare System in Mexico

17
1.7 Health Insurance Coverage: Mexico
1.0
18.9
18.4
35.7
2.5
3.5
10.2
54.3
66.0
91.7
8.3
VA and CHAMPVA
Medicaid
Medicare
Any public plan
TRICARE
Marketplace
Direct-purchase
Employment-based
Any private plan
With health insurance
Uninsured
▪ In 2022, most people (91.7%) had health insurance coverage at some point during 2022 and 8.3 % of people were uninsured for the entire
calendar year
▪ More people had private health insurance (66%) than public coverage (35.7%)
▪ Employer-based insurance was the most common subtype of health insurance in the civilian, noninstitutionalized population (54.3%),
followed by Public (18.4%), direct-purchase insurance (10.2%), TRICARE (2.5%), and VA and CHAMPVA health care (1%)
Coverage Type 2020 2021 Change %
Total 327,521 328,074
Any health plan 299,230 300,887 0.4
Any private plan 217,896 216,366 –0.6
Employment-based 178,737 178,285 –0.2
Direct-purchase 33,869 33,555 –0.1
Marketplace coverage 10,924 11,389 0.1
TRICARE 9,165 8,299 –0.3
Any public plan 112,925 117,095 1.2
58,541 60,226 0.5
58,778 61,940 0.9
VA and CHAMPVA 2,967 3,151 0.1
Uninsured 28,291 27,187 –0.4
% of People by Type of Health Insurance Coverage
(2022)
Number of People By Health Insurance Coverage
Illustrative

18
1.8 Mergers and Acquisitions
Company Name Type
Amount /
Duration
Year Key Pointers
IBM &
Francisco Partners
Acquisition of
assets
$1 Bn Jun, 2022
▪ Francisco Partners, is a leading global investment firm that
specializes in partnering with technology businesses
▪ Under the ownership of Francisco Partners, the new standalone
company will be called Merative and will be headquartered in Ann
Arbor, Michigan
▪ Merative brings together market-leading offerings that deliver
value across the global healthcare ecosystem, serving clients in
life sciences, provider, imaging, health plan, employer, and
government health and human services sectors
GE Healthcare & Caption
Health
Acquisition
Not
Disclosed
Feb, 2023
▪ Caption Health, an AI ultrasound company targets early disease
detection using AI to assist in its ultrasound examinations and
detect disease such as heart failure at doctors’ offices, at home or
alternate sites of care
▪ The deal folds Caption Health into GE HealthCare’s $3 billion
ultrasound business, supporting the portfolio with AI-enabled
imaging
Latest Deals In Healthcare
Illustrative

2. Market Size and Forecasting

20
intended to provide you with a brief overview
of the kind of information and analysis that
will be presented in the final report
▪ In this section you will get an understanding
of the overall market, which includes the
market size, current trends and other details
related to the topic
trends, and other relevant information related
to the topic or subject matter of interest
XX
XX
2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F
Mexico Connected Healthcare Market Forecast,
2022-2030 (in $Bn)
Click on the icon to know the
methodology and assumption
2023 2024 2025 2026 2027 2028 2029 2030
Major Markets Patient
($Mn)
2.74 2.82 2.90 2.94 2.98 3.02 3.07 3.12
Mexico Patient Size ($Bn) 0.51 0.61 0.68 0.69 0.70 0.71 0.72 0.73
% of Patients 18.75% 21.70% 23.56% 23.45% 23.42% 23.39% 23.34% 23.45%
Global Market Size ($Bn) 3,620 3,780 3,950 4,128 4,314 4,508 4,711 4,937
Mexico Market Size ($Bn) 61 74 84 87 91 95 99 106
Illustrative
2.1 Market Size and Forecasts

21
▪ In this section you will get an understanding of the segmentations which will cover the Mexico Connected Healthcare Market
▪ In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
By Type
M - Health Services
M - Health Devices
E – prescription
Others
By Application
Diagnosis & treatment
Monitoring Application
Education & Awareness
Wellness & Prevention Healthcare
Management
Other Applications
By End User
Hospitals & Clinics
Home Monitoring
Other End-Users
Illustrative
2.2 Snapshot of Connected Healthcare Market Segmentation

22
Mexico Connected Healthcare Market Share,
By Type (2022)
▪ M - Health Services in Mexico is a
significant component of the overall
Market
final report
information related to the topic
Illustrative
2.2.1 Market Segmentation: By Type
M - Health
Services
M - Health
Devices
E –
prescription
Others

23
By Application (2022)
▪ Wellness & Prevention dominates the
market compared to other segments
with a substantial xx%
final report
Illustrative
2.2.2 Market Segmentation: By Application
Diagnosis &
treatment
Monitoring
Application
Education &
Awareness
Wellness &
Prevention
Healthcare…
Other
Applications

24
final report
Illustrative
2.2.3 Market Segmentation: By End User
Hospitals &
Clinics
Home Monitoring
Other End-Users
By End User (2022)

3. Market Dynamics

26
3.1 Market Growth Drivers (continued)
3.1.1 Diabetes and cardiovascular disease (CVD) contribute to nearly 20% of preventable deaths in Mexico, with non-
communicable diseases prevalent among the younger population
▪ Mexico is in 7th place in the world in the number of people
with diabetes with rise in prevalence from 15.9% in 2011 to
16.9% in 2021
▪ Please be aware that this sample report is intended to
provide you with a brief overview of the kind of information
and analysis that will be presented in the final report
Illustrative
Disease prevalence in Mexico
Condition Prevalence
XX 30.1%
YY 23.4%
ZZ 13.5%

27
3.1 Market Growth Drivers
▪ The surge in online doctor consultations in Mexico, reflecting a rapid
adoption of telemedicine, significantly impacts the market for connected
devices
▪ There is a heightened demand for wearable health tech, remote
monitoring devices, and digital health applications. This trend stimulates
innovation and growth in the connected devices sector, fostering a
dynamic market as consumers increasingly seek technology that
integrates seamlessly with virtual healthcare services and supports
proactive health management
▪ In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪ Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
2010 2022 2030
3.1.2 In Mexico, online doctor consultations surged by 73% from 2019 to 2021, totaling 2.53 Mn patients
Online Health Consultations in Mexico
Illustrative

28
3.1 Market Growth Drivers (continued)
3.1.3 Virtual consultations are integrated into the medical practices of 45% of doctors in Mexico
Top countries leveraging digital
platforms in Healthcare
United States
Japan
Germany
South Korea
China
United Kingdom
France
Canada
Australia
Israel
Switzerland
Singapore
Sweden
Netherlands
Italy
Spain
Belgium
Denmark
Austria
Norway
▪ This integration signifies a transformative shift towards
telemedicine, enhancing accessibility and patient-doctor
communication. The adoption offers patients with convenient
and efficient remote healthcare options
▪ Please be aware that this sample report is intended to
provide you with a brief overview of the kind of information
and analysis that will be presented in the final report
Illustrative

29
3.2.1 Lack of Awareness
▪ Limited digital literacy, especially
among older demographics,
poses a constraint. Lack of
awareness and understanding
about using connected devices
for healthcare may impede their
adoption
▪ Addressing these issues through
education and outreach
becomes crucial to overcoming
this constraint
▪ In order to obtain access to all of
the information that you are
seeking, you will need to
purchase the final report
3.2.2 Data Privacy and Security
▪ Patient data is some of the most
sensitive data in the world and it
includes information such as
names, addresses & more and
This data can be used to identify
individuals, track their health,
and even commit identity theft
▪ Healthcare organizations need to
protect patient data and this can
be done by using encryption and
other security measures
3.2.3 Affordability and Accessibility
▪ The cost of these technologies
and the accessibility of high-
quality devices could pose
challenges, particularly for
segments of the population with
lower income levels
▪ Final report will be
comprehensive and detailed, and
it will include data, analysis,
trends, and other relevant
information related to the topic or
Our analysis will thoroughly investigate the key restraints that may significantly impact business
operations and growth.
Illustrative
3.2 Market Restraints

4. Competitive Landscape

31
Key Note:
IBM Corporation
1
Huawei Technologies
Co., Ltd.
6
Apple Inc.
2 Medtronic plc
7
Cerner Corporation
3 Siemens Healthineers
8
Koninklijike Philips
N.V.
4 Terapify.
9
Garmin Ltd.
5 Fundación Carlos Slim
10
▪ Here is the list of top 10 companies which
will be covered in the final report
▪ Each company will have slides for
o Overview
o Key details
o Offerings
o Name of products
o Recent activities/ Press Coverage
o Distribution and Vendor Partners
o Mergers, Acquisitions and
Collaboration
o Financials (As per availability)
▪ If there are specific companies that you
would like to be included in the report, please
let us know via email
4.1 Key Company Profile
Illustrative

32
4.1.1 IBM Corporation
▪ IBM's healthcare technology offerings include medical devices, IT systems,
algorithms, artificial intelligence, cloud, and blockchain, designed to improve
patient care, enhance operational efficiency, and drive digital transformation
in the healthcare industry
▪ It provides healthcare solutions such as IBM Watson Assistant for Health,
IBM PowerAI Vision, IBM Market Expert® tool, IBM FlashSystem
Healthcare storage solutions & more
▪ Oct, 2023: Ovum Health collaborates with IBM Watson for an innovative
digital service in fertility care, leveraging advanced technologies to
enhance and personalize support for individuals navigating their
reproductive health journey
▪ Jul, 2023: IBM strengthens its European presence with a new Multizone
Cloud Region in Madrid, emphasizing hybrid cloud and AI adoption.
Clients benefit from enhanced security and specialized solutions for
regulated industries
IBM has a significant presence in
the healthcare industry, offering
advanced healthcare solutions,
secure platforms, and robust
automation powered by AI to
improve patient care and
operational efficiency
Founded: 1911
Global HQ: New York, US
Revenue: $ 60.53 Bn
No. of Employees: 2,75,000
Locations: 188+
Website: ibm.com
Recent Activity/ Press Coverage
$73.6
$57.4 $60.5
$5.6 $5.7 $1.6
48.3%
54.9%
54.0%
44.0%
46.0%
48.0%
50.0%
52.0%
54.0%
56.0%
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
2020 2021 2022
Revenue ($ Bn) Net Income ($ Bn) Gross Profit margin
Key Financials

33
4.1.1 IBM Corporation (continued)
Partnerships Ecosystem
Illustrative
GE Healthcare is a leading provider of medical imaging and information technology solutions
&partners with IBM Watson to offer AI-powered solutions for cancer diagnosis, and patient monitoring.
Philips Healthcare is a leading provider of healthcare technology solutions and partners with IBM
Watson to offer AI-powered solutions for patient engagement,and remote monitoring.
Siemens Healthineers is a leading provider of medical imaging and information technology solutions
and partners with IBM Watson to offer AI-powered solutions for cancer diagnosis, treatmentplanning,
and patient monitoring.
Cerner is a leading provider of electronic health records (EHR) and healthcare information
technology solutions.
Epic Systems is a leading provider of EHR and healthcare information technology solutions.
Major Distribution Partners

34
2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F
4.1.1 IBM Corporation (continued)
Revenues ($Bn), 2020-2030
Breakdown of Net Revenue by Segment, 2022
1 2 3 4
report
▪ In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
interest
Illustrative

35
4.1.2 Company 2
Sources:
Founded:
Global HQ:
Revenue:
No. of Employees:
Locations:
Website:
Recent Activity/ Press Coverage
$93.5 $96.7
$104.8
$13.8 $19.1 $10.7
56.1%
53.2%
49.8%
46.0%
47.0%
48.0%
49.0%
50.0%
51.0%
52.0%
53.0%
54.0%
55.0%
56.0%
57.0%
0.0
20.0
40.0
60.0
80.0
100.0
120.0
2020 2021 2022
Revenue ($ Bn) Net Income ($ Bn) Gross Profit margin
Key Financials
Illustrative

36
4.1.2 Company 2 (continued)
Major Distribution Partners Major Vendor Partners
Illustrative

37
xx xx xx
2020 2021 2022 2023F 2024F 2025F 2026F 2027F 2028F 2029F 2030F
4.1.2 Company 2 (continued)
Revenues ($Bn), 2020-2030
report
▪ In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
interest
Breakdown of Net Revenue by Segment, 2022
1 2 3 4
Illustrative

5. Regulatory & Reimbursement Scenario

39
5.1 Regulatory Scenario
Illustrative
Illustrative
39
Health Regulation
▪ Federal Commission for the Protection against Sanitary Risk (COFEPRIS) is the Mexican regulatory institution in
charge of implementing the regulatory framework. COFEPRIS examines all medical equipment and, if relevant, the
software that allows them to function
▪ The National Center of Health Technology Excellence was established to set recommendations for evaluating health
technology and clinical practices, as well as to manage medical devices and telemedicine
▪ The authority in charge of enforcing the Law is the National Institute of Transparency, Access to Information, and
Personal Data Protection (INAI)
▪ Software as a Medical Device (SaMD): Some digital health technologies fall under the category of Software as a
Medical Device (SaMD). COFEPRIS may have specific requirements for the development, validation, and maintenance
of such software.

40
5.2 Reimbursement Regulation
Illustrative
The reimbursement scenario in the Mexico AI in Healthcare market is complex
and can vary depending on the specific treatment, setting of care, and insurance
coverage. Here are some key points to consider:
▪ Public Insurance :
o Public Insurance is a federal health insurance program for people aged
65 and older, as well as people with certain disabilities or health
conditions
o Public Insurance covers many cancer treatments, including
chemotherapy, radiation therapy, and some immunotherapies
o However, coverage can be subject to strict guidelines and restrictions,
such as the requirement for priorauthorization
▪ Private Insurance:
o Private insurance coverage for cancer treatments can also vary widely
depending on the insurer and the specificpolicy
o Some policies may have high out-of-pocket costs, such as deductibles
and co-pays, while others may have more comprehensive coverage
Public Insurance together provide health
insurance coverage for more than 4 in 10
Spanish population
Public
Insurance
38%
Employer-Sponsored
49%
Other Public
1%
Other Private
3% Uninsured
9%
Health Insurance Coverage, 2022
Illustrative
40

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