Latin America Breast Imaging Market Size & Outlook
Latin America breast imaging market, 2018-2030 (US$M)
Related Markets
Latin America breast imaging market highlights
- The Latin America breast imaging market generated a revenue of USD 324.2 million in 2023.
- The market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
- In terms of segment, ionizing was the largest revenue generating technology in 2023.
- Ionizing is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 324.2 million |
| Market revenue in 2030 | USD 617.1 million |
| Growth rate | 9.6% (CAGR from 2023 to 2030) |
| Largest segment | Ionizing |
| Fastest growing segment | Ionizing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ionizing |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Hologic Inc, Koninklijke Philips NV, Siemens Healthineers AG ADR, FUJIFILM Holdings Corp, Toshiba Corporation |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.1% of the global breast imaging market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,174.3 million by 2030.
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Breast Imaging Market Scope
Breast Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America breast imaging 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 breast imaging market will help companies and investors design strategic landscapes.
Ionizing was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America breast imaging market based on ionizing covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Latin America is expected to show lucrative growth over the forecast period. Increasing government spending, increasing per capita health spending, and initiatives by the WHO and government are expected to boost market growth in Latin America.
The availability of advanced healthcare treatments at a considerably low cost as compared to North America and Europe is increasing medical tourism in the region. The government of these countries focuses on improving the healthcare facilities in the region.
As a result, patients from developed countries, such as Canada, U.S., and Germany, are anticipated to prefer Latin America for diseases treatment. Therefore, the anticipated growth in cancer patients traveling to Latin America would boost the demand for imaging devices in the region.
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Target buyers of Latin America breast imaging market databook
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Our clientele includes a mix of breast imaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America breast imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America breast imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America breast imaging market size, by country, 2018-2030 (US$M)
Latin America Breast Imaging Market Outlook Share, 2023 & 2030 (US$M)
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