Latin America Contrast Enhanced Ultrasound Market Size & Outlook
Latin America contrast enhanced ultrasound market, 2018-2030 (US$M)
Related Markets
Latin America contrast enhanced ultrasound market highlights
- The Latin America contrast enhanced ultrasound market generated a revenue of USD 180.5 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating product in 2023.
- Contrast Agents is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 180.5 million |
| Market revenue in 2030 | USD 253.5 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Contrast Agents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Contrast Agents |
| Key market players worldwide | Lantheus Holdings Inc, GE Aerospace, Bracco, Siemens Healthineers AG ADR, Koninklijke Philips NV, Canon Inc, Mindray Medical International |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.4% of the global contrast enhanced ultrasound 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 822.7 million by 2030.
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Contrast Enhanced Ultrasound Market Scope
Contrast Enhanced Ultrasound Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America contrast enhanced 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 contrast enhanced ultrasound market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 72.41% in 2023. Horizon Databook has segmented the Latin America contrast enhanced ultrasound market based on equipment, contrast agents covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is the second fastest-growing region after Asia Pacific. Presence of rapidly developing economies (such as Brazil & Mexico) is primarily driving the overall market growth in the region.
Availability of advanced imaging procedures at reduced cost compared to North America & Europe is making Latin America more attractive for medical tourism.
Moreover, governments of the respective countries are consistently involved in improving the healthcare infrastructure of their countries. As a result, patients from developed countries, such as Canada, the U.S., and Germany, are preferring Latin America for receiving treatments.
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Our clientele includes a mix of contrast enhanced ultrasound market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America contrast enhanced ultrasound market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America contrast enhanced ultrasound market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America contrast enhanced ultrasound market size, by country, 2018-2030 (US$M)
Latin America Contrast Enhanced Ultrasound Market Outlook Share, 2023 & 2030 (US$M)
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