Latin America Medical Cyclotron Market Size & Outlook

The medical cyclotron market in Latin America is expected to reach a projected revenue of US$ 31.6 million by 2030. A compound annual growth rate of 11.6% is expected of Latin America medical cyclotron market from 2024 to 2030.
Revenue, 2023 (US$M)
$14.6
Forecast, 2030 (US$M)
$31.6
CAGR, 2024 - 2030
11.6%
Report Coverage
Latin America

Latin America medical cyclotron market, 2018-2030 (US$M)

Latin

Latin America medical cyclotron market highlights

  • The Latin America medical cyclotron market generated a revenue of USD 14.6 million in 2023.
  • The market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
  • In terms of segment, cyclotron 10-12mev was the largest revenue generating product in 2023.
  • Cyclotron 10-12MeV is the most lucrative product segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 14.6 million
Market revenue in 2030USD 31.6 million
Growth rate11.6% (CAGR from 2023 to 2030)
Largest segmentCyclotron 10-12mev
Fastest growing segmentCyclotron 10-12MeV
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCyclotron 10-12MeV
Key market players worldwideSiemens Healthineers AG ADR, IBA RadioPharma Solutions, GE HealthCare Technologies Inc Common Stock, Advanced Cyclotron Systems, Sumitomo Pharma Co Ltd, TeamBest


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.4% of the global medical cyclotron market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 10.7 million by 2030.

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Medical Cyclotron Market Scope

Medical cyclotron market segmentation & scope
Cyclotron 10-12MeV
Cyclotron 16-18MeV
Cyclotron 19-24MeV
Cyclotron above 24MeV
Countries
Canada
U.S.
Brazil
Argentina
Mexico
UK
Norway
Sweden
Spain
Germany
France
Denmark
Italy
UAE
South Africa
Saudi Arabia
Kuwait
Thailand
South Korea
Japan
India
China
Australia

Medical Cyclotron Market Companies

Name Profile # Employees HQ Website

Latin America medical cyclotron 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 medical cyclotron market will help companies and investors design strategic landscapes.


Cyclotron 10-12mev was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America medical cyclotron market based on cyclotron 10-12mev covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of medical cyclotron market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America medical cyclotron market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical cyclotron market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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