Latin America Region General Data
- International Investors and the Rise of Latin America’s Venture Capital Market
- According to the most recent data from LAVCA, venture capital investments in Latin America reached a total of USD 7.8 billion in 2022, distributed across 1,114 transactions, with Brazil, Mexico, and Colombia accounting for 77% of all investments in the region.
- International investors are a significant force driving the growth of VC flows in Latam.
- Under the ‘protecting minority investors’ criterion, Mexico and Brazil ranked at the 61st position. In the ‘enforcing contracts’ criterion, Mexico was ranked 43rd, Brazil at 58th, and Colombia at 177th.
- The approximate health spending in the Latin American and Caribbean region in 2023, converted to US dollars, was around $334.20 per capita (population in Latin America and the Caribbean is 670,000,000 habitants).
- 25% of all hospitals in the world, are located in Latin America.
- 95% of medical devices sold in Latin America are imported.
- In Latin America, the revenue of the medical technology market was estimated at more than 44 billion U.S. dollars in 2023
SOURCE:
- Global Health Intelligence and OCDE
- Venture Capital in Latin America