Latin America Fetal And Neonatal Care Equipment Market Size & Outlook
Latin America fetal and neonatal care equipment market, 2018-2030 (US$M)
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Latin America fetal and neonatal care equipment market highlights
- The Latin America fetal and neonatal care equipment market generated a revenue of USD 480.5 million in 2024.
- The market is expected to grow at a CAGR of 6.4% from 2025 to 2030.
- In terms of segment, ultrasound devices was the largest revenue generating fetal care equipment market in 2024.
- Ultrasound devices is the most lucrative fetal care equipment market segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 480.5 million |
| Market revenue in 2030 | USD 697.9 million |
| Growth rate | 6.4% (CAGR from 2024 to 2030) |
| Largest segment | Ultrasound devices |
| Fastest growing segment | Ultrasound devices |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ultrasound devices, Fetal MRI systems, Fetal monitors, Fetal pulse oximeters |
| Key market players worldwide | Cardinal Health Inc, Draegerwerk AG & Co KGaA, Koninklijke Philips NV, GE HealthCare Technologies Inc Common Stock, Medtronic PLC, Vyaire Medical, BD, Utah Medical Products Inc, Natus Medical, Ambu A/S ADR, Atom Medical, Fisher & Paykel Healthcare Corp Ltd, Masimo Corp, Phoenix Group Holdings PLC |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.0% of the global fetal and neonatal care equipment 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 2,018.3 million by 2030.
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Fetal And Neonatal Care Equipment Market Scope
Fetal And Neonatal Care Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America fetal and neonatal care equipment 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 fetal and neonatal care equipment market will help companies and investors design strategic landscapes.
Ultrasound devices was the largest segment with a revenue share of 32.4% in 2024. Horizon Databook has segmented the Latin America fetal and neonatal care equipment market based on ultrasound devices, fetal mri systems, fetal monitors, fetal pulse oximeters covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America’s fetal and neonatal care equipment market is primarily driven by Brazil, Mexico, Argentina, and Colombia. Growing investments by market players in the region, proximity to North America, free-trade agreements with major countries such as the U.S., Canada, Japan, & several European countries are factors anticipated to boost the Latin American market during the forecast period.
For instance, most of the Latin American countries only require the U.S. FDA or CE mark approval for filing of marketing approvals. Brazil dominated the Latin American market in 2019 and is expected to maintain its position during the forecast period.
Major investments by key market players in the emerging economy, presence of a large target population, and well-equipped hospitals are factors expected to drive the market in Brazil. However, low affordability of advanced technologies by hospitals may hinder market growth in Latin America.
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Target buyers of Latin America fetal and neonatal care equipment market databook
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Our clientele includes a mix of fetal and neonatal care equipment 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 fetal and neonatal care equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America fetal and neonatal care equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America fetal and neonatal care equipment market size, by country, 2018-2030 (US$M)
Latin America Fetal And Neonatal Care Equipment Market Outlook Share, 2024 & 2030 (US$M)
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