Brazil Health Sensors Market Size & Outlook, 2021-2030
Brazil health sensors market, 2018-2030 (US$M)
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Brazil health sensors market highlights
- The Brazil health sensors market generated a revenue of USD 1,072.9 million in 2021 and is expected to reach USD 3,995.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 15.7% from 2022 to 2030.
- In terms of segment, wearable sensors was the largest revenue generating product in 2021.
- Implantable/ingestible sensors is the most lucrative product segment registering the fastest growth during the forecast period.
Health sensors market data book summary
| Market revenue in 2021 | USD 1,072.9 million |
| Market revenue in 2030 | USD 3,995.1 million |
| Growth rate | 15.7% (CAGR from 2021 to 2030) |
| Largest segment | Wearable sensors |
| Fastest growing segment | Implantable/ingestible sensors |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hand held diagnostic sensors, Wearable sensors, Implantable/ingestible sensors |
| Key market players worldwide | Analog Devices Inc, Danaher Corp, GE HealthCare Technologies Inc Common Stock, Honeywell International Inc, Medtronic PLC, Smiths Group PLC, Koninklijke Philips NV, Stryker Corp, Abbott Laboratories, Roche Holding AG ADR, Hologic Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.6% of the global health sensors market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil health sensors market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 1,423.0 million by 2030.
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Health Sensors Market Scope
Health Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil health sensors 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 health sensors market will help companies and investors design strategic landscapes.
Wearable sensors was the largest segment with a revenue share of 40.95% in 2021. Horizon Databook has segmented the Brazil health sensors market based on hand held diagnostic sensors, wearable sensors, implantable/ingestible sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is anticipated to be one of the emerging markets for health sensors. Due to the growing presence of manufacturers in the region, cost for components has reduced, leading to in-house manufacturing of affordable and technologically updated devices. In addition, over the next 5 years, increase in R&D in the field of biosensors is expected to boost the market growth.
Moreover, according to World Bank, geriatric population accounted for ~9.25% of the total population in Brazil in 2019, increasing from ~8.92% in 2018. Such factors create lucrative opportunities for health sensors market in the country.
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Our clientele includes a mix of health sensors market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil health sensors market , including forecasts for subscribers. This country databook contains high-level insights into Brazil health sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil health sensors market size, by product, 2018-2030 (US$M)
Brazil Health Sensors Market Outlook Share, 2021 & 2030 (US$M)
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