Brazil Medical Imaging Market Size & Outlook, 2023-2030
Brazil medical imaging market, 2018-2030 (US$M)
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Brazil medical imaging market highlights
- The Brazil medical imaging market generated a revenue of USD 916.3 million in 2023 and is expected to reach USD 1,277.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 4.9% from 2024 to 2030.
- In terms of segment, ultrasound was the largest revenue generating technology in 2023.
- Magnetic Resonance Imaging is the most lucrative technology segment registering the fastest growth during the forecast period.
Medical imaging market data book summary
| Market revenue in 2023 | USD 916.3 million |
| Market revenue in 2030 | USD 1,277.3 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Ultrasound |
| Fastest growing segment | Magnetic Resonance Imaging |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | X-ray, Magnetic Resonance Imaging, Ultrasound, Computed Tomography, Nuclear Imaging |
| Key market players worldwide | GE Aerospace, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Mindray Medical International, FUJIFILM Holdings Corp, Carestream Health - HCIS business, Hitachi Ltd, Samsung Electronics Co Ltd, Koning, PerkinElmer, Konica Minolta Inc, Esaote, Hologic Inc, Varex Imaging Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global medical imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil medical imaging market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,277.3 million by 2030.
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Medical Imaging Market Scope
Medical Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil medical imaging 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 imaging market will help companies and investors design strategic landscapes.
Ultrasound was the largest segment with a revenue share of 34.01% in 2023. Horizon Databook has segmented the Brazil medical imaging market based on x-ray, magnetic resonance imaging, ultrasound, computed tomography, nuclear imaging covering the revenue growth of each sub-segment from 2018 to 2030.
The Brazilian market is estimated to grow during the forecast period owing to the increase in the number of healthcare reforms and overall expenditure. In addition, several U.S. hospitals are affiliated with Brazilian hospitals for telemedicine, education, and second-opinion programs.
Thus, an increase in demand for better healthcare facilities is anticipated to boost market growth. The demand for advanced devices and other applications for chronic disorders in Brazil is high. However, they prefer domestic applications because of low costs.
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Our clientele includes a mix of medical imaging 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 medical imaging market , including forecasts for subscribers. This country databook contains high-level insights into Brazil medical imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil medical imaging market size, by technology, 2018-2030 (US$M)
Brazil Medical Imaging Market Outlook Share, 2023 & 2030 (US$M)
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