Market revenue in 2023 | USD 82.1 million |
Market revenue in 2030 | USD 112.3 million |
Growth rate | 4.6% (CAGR from 2023 to 2030) |
Largest segment | Transthoracic echocardiography |
Fastest growing segment | Fetal Echocardiography |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Transthoracic Echocardiography, Transesophageal Echocardiography, Fetal Echocardiography, Other Types |
Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Siemens Healthineers AG ADR, Hitachi Ltd, shenzhen mindray automation equipment co., FUJIFILM Holdings Corp, Samsung Medison, Chison Medical Technologies |
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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 cardiovascular ultrasound market will help companies and investors design strategic landscapes.
Transthoracic echocardiography was the largest segment with a revenue share of 55.42% in 2023. Horizon Databook has segmented the Brazil cardiovascular ultrasound market based on transthoracic echocardiography, transesophageal echocardiography, fetal echocardiography, other types covering the revenue growth of each sub-segment from 2018 to 2030.
ANVISA is an autonomous regulatory body responsible for all medical devices marketed and sold in Brazil. Brazil has an excellent medical infrastructure and provides cost-effective healthcare solutions, which increased medical tourism in the country. With growing global prevalence of cardiovascular disorders, a high number of patients from neighboring countries travel to Brazil for cardiac therapies.
Favorable regulatory system, growing economy, and booming medical tourism are among factors expected to drive the market at a lucrative rate during the forecast period. Moreover, market players are introducing cardiovascular ultrasound in Brazil. For instance, in June 2016, Konica Minolta introduced Sonimage HS1 ultrasound system into the Brazilian market.
The system offers point-of-care cardiac ultrasound and incorporates features such as tissue Doppler imaging, cardiac reporting package, anatomical M-mode technique, and a sector probe to enable cardiac imaging capabilities. The introduction of cardiovascular ultrasound in Brazil is expected to propel the overall market growth during the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cardiovascular ultrasound market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cardiovascular ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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