Latin America Brachytherapy Market Size & Outlook
Latin America brachytherapy market, 2017-2028 (US$M)
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Latin America brachytherapy market highlights
- The Latin America brachytherapy market generated a revenue of USD 33.0 million in 2020.
- The market is expected to grow at a CAGR of 7.6% from 2021 to 2028.
- In terms of segment, high-dose rate (hdr) brachytherapy was the largest revenue generating dosage type in 2020.
- High-Dose Rate (HDR) Brachytherapy is the most lucrative dosage type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 33.0 million |
| Market revenue in 2028 | USD 59.4 million |
| Growth rate | 7.6% (CAGR from 2020 to 2028) |
| Largest segment | High-dose rate (hdr) brachytherapy |
| Fastest growing segment | High-Dose Rate (HDR) Brachytherapy |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High-Dose Rate (HDR) Brachytherapy, Low-Dose Rate (LDR) Brachytherapy |
| Key market players worldwide | Siemens Healthineers AG ADR, Becton Dickinson & Co, Elekta AB ADR, Icad Inc, Roper Technologies Inc, Ustar, IsoRay, Eckert & Ziegler Bebig SA |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.2% of the global brachytherapy market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 307.2 million by 2028.
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Brachytherapy Market Scope
Brachytherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America brachytherapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to brachytherapy market will help companies and investors design strategic landscapes.
High-dose rate (hdr) brachytherapy was the largest segment with a revenue share of 71.52% in 2020. Horizon Databook has segmented the Latin America brachytherapy market based on high-dose rate (hdr) brachytherapy, low-dose rate (ldr) brachytherapy covering the revenue growth of each sub-segment from 2017 to 2028.
Rising incidence of cancer and growing mortality rates due to the disease are expected to fuel the market growth.
According to the Pan American Health Organization, cervical cancer is the most common cancer causing death in Latin America and Caribbean region.
It is estimated that more than 56,000 women are diagnosed with cervical cancer, and more than 28,000 die from this disease in this region every year.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America brachytherapy market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America brachytherapy market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America brachytherapy market size, by country, 2017-2028 (US$M)
Latin America Brachytherapy Market Outlook Share, 2020 & 2028 (US$M)
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