Latin America Mammography Market Size & Outlook, 2023-2030
Latin America mammography market, 2018-2030 (US$M)
Related Markets
Latin America mammography market highlights
- The Latin America mammography market generated a revenue of USD 225.7 million in 2023.
- The market is expected to grow at a CAGR of 11% from 2024 to 2030.
- In terms of segment, digital systems was the largest revenue generating product in 2023.
- 3D Systems 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 225.7 million |
| Market revenue in 2030 | USD 468.3 million |
| Growth rate | 11% (CAGR from 2023 to 2030) |
| Largest segment | Digital systems |
| Fastest growing segment | 3D Systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Film Screen Systems, Digital Systems, Analog Systems, 3D Systems |
| Key market players worldwide | Hologic Inc, Analog Devices Inc, Canon Inc, FUJIFILM Holdings Corp, Siemens Healthineers AG ADR, Toshiba Corporation, GE HealthCare Technologies Inc Common Stock, Metaltronica, Koninklijke Philips NV, Planmed |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.6% of the global mammography 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 1,203.4 million by 2030.
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Mammography Market Scope
Mammography Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America mammography 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 mammography market will help companies and investors design strategic landscapes.
Digital systems was the largest segment with a revenue share of 60.26% in 2023. Horizon Databook has segmented the Latin America mammography market based on film screen systems, digital systems, analog systems, 3d systems covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America market is majorly driven by Brazil, Mexico, and Argentina. These countries exhibit strong potential for overall growth of Latin America mammography market. Countries such as Brazil and Mexico represent great potential to exhibit high revenue growth for new and advanced technology-based mammography devices.
Hence, mammography manufacturers in North America and Europe are seeking to expand their presence in Latin America market. For example, in June 2016, Phillips Healthcare, one of the leading players in mammography market, announced that it is planning to invest more than USD 1.00 billion in different Latin American countries.
Supportive government regulations to commercialize medical devices in the country are also anticipated to boost the market growth. For instance, most of the Latin American countries only require the U.S. FDA or CE Mark approval for filing for medical devices.
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Target buyers of Latin America mammography market databook
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Our clientele includes a mix of mammography 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 mammography market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America mammography market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America mammography market size, by country, 2018-2030 (US$M)
Latin America Mammography Market Outlook Share, 2023 & 2030 (US$M)
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