Latin America Image-guided Therapy Systems Market Size & Outlook
Latin America image-guided therapy systems market, 2018-2030 (US$M)
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Latin America image-guided therapy systems market highlights
- The Latin America image-guided therapy systems market generated a revenue of USD 249.4 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, endoscopes was the largest revenue generating product in 2023.
- Single Photon Emission Computed Tomography (SPECT) 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 249.4 million |
| Market revenue in 2030 | USD 335.5 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Endoscopes |
| Fastest growing segment | Single Photon Emission Computed Tomography (SPECT) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography (CT) Scanners, Ultrasound Systems, Magnetic Resonance Imaging (MRI), Endoscopes, X-ray Fluoroscopy, Positron Emission Tomography (PET), Single Photon Emission Computed Tomography (SPECT) |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Siemens Healthineers AG ADR, Analogic Corporation, GE HealthCare Technologies Inc Common Stock, BrainLAB, Olympus Corp, Stryker Corp, Varian |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.1% of the global image-guided therapy systems 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 2,370.4 million by 2030.
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Image-guided Therapy Systems Market Scope
Image-guided Therapy Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America image-guided therapy systems 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 image-guided therapy systems market will help companies and investors design strategic landscapes.
Endoscopes was the largest segment with a revenue share of 32.08% in 2023. Horizon Databook has segmented the Latin America image-guided therapy systems market based on computed tomography (ct) scanners, ultrasound systems, magnetic resonance imaging (mri), endoscopes, x-ray fluoroscopy, positron emission tomography (pet), single photon emission computed tomography (spect) covering the revenue growth of each sub-segment from 2018 to 2030.
The economic developments and increase in initiatives for cancer radiotherapy are among the key factors expected to boost the market over the forecast period.
High incidence of cancer and growth in geriatric population are additional factors expected to contribute to the high demand for image-guided therapy systems in this region. Koninklijke Philips N.V.; GE Healthcare; Medtronic; and Stryker are among key market players in this region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America image-guided therapy systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America image-guided therapy systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America image-guided therapy systems market size, by country, 2018-2030 (US$M)
Latin America Image-guided Therapy Systems Market Outlook Share, 2023 & 2030 (US$M)
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