Latin America Cardiovascular Ultrasound Market Size & Outlook
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Latin America cardiovascular ultrasound market highlights
- The Latin America cardiovascular ultrasound market generated a revenue of USD 251.4 million in 2024.
- The market is expected to grow at a CAGR of 4.2% from 2025 to 2030.
- In terms of segment, transthoracic echocardiography was the largest revenue generating type in 2024.
- Fetal Echocardiography is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 251.4 million |
| Market revenue in 2030 | USD 321.0 million |
| Growth rate | 4.2% (CAGR from 2025 to 2030) |
| Largest segment | Transthoracic echocardiography |
| Fastest growing segment | Fetal Echocardiography |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.3% of the global cardiovascular ultrasound market in 2024.
- 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 1,021.9 million by 2030.
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Cardiovascular Ultrasound Market Scope
Cardiovascular Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Samsung Medison | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.samsungmedison.com/ |
| Chison Medical Technologies | View profile | 501-1000 | Wuxi Shi, Jiangsu, China, Asia | http://www.chison.com |
| shenzhen mindray automation equipment co. | View profile | 101-250 | Baoan, Guangdong, China, Asia | https://www.mindray-ele.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
Latin America cardiovascular ultrasound 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 cardiovascular ultrasound market will help companies and investors design strategic landscapes.
Transthoracic echocardiography was the largest segment with a revenue share of 55.25% in 2024. Horizon Databook has segmented the Latin America 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.
Various factors contributing to the market growth include increasing prevalence of heart diseases and growing import of medical devices.
Approximately 89.6 million, i.e., 27% of the adult population in Latin American countries of Mexico, Peru, Venezuela, Panama, El Salvador, Brazil, Colombia, and Ecuador suffer from one of these heart conditions: heart attack, heart failure, atrial fibrillation.
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Target buyers of Latin America cardiovascular ultrasound market databook
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Our clientele includes a mix of cardiovascular ultrasound market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 cardiovascular ultrasound market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cardiovascular ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cardiovascular ultrasound market size, by country, 2018-2030 (US$M)
Latin America Cardiovascular Ultrasound Market Outlook Share, 2024 & 2030 (US$M)
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