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With over medical centers, Brazil was the Latin American country with the highest number of hospitals in 2024, among the countries depicted. Mexico ranked second, with hospitals. In 2022, Hospital Israelita Albert Einstein was the leading hospital by quality in the South American country.

Healthcare spending

With an estimated ** percent of its gross domestic product (GDP) being spent on health, Cuba was the nation with the highest health expenditure share in Latin America and the Caribbean in 2020. Ranking second in this ranking along with Argentina, Brazil’s government spent more than ** percent of its annual health expenditure on hospital and outpatient care. Meanwhile, in Chile, government spending on healthcare was, on average, about U.S. dollars per person in 2021, which was more than the combined health expenditure from government and out-of-pocket spending in Mexico.

Leading medical technology

Including products such as diagnostic imaging, implants, and vaccines, nanomedicine has by far been Latin America’s most valuable medical technology, generating an estimated billion U.S. dollars in 2022. Furthermore, the revenue of nanomedicine in the region is expected to reach billion U.S. dollars by 2027, representing an increase of more than ** percent over a span of five years.

More information by Global Health Intelligence on hospital infrastructure in various Latin American countries can be found .