Latin America Micro-magnetic Resonance Imaging Market Size & Outlook

The micro-magnetic resonance imaging market in Latin America is expected to reach a projected revenue of US$ 281.0 million by 2030. A compound annual growth rate of 7.4% is expected of Latin America micro-magnetic resonance imaging market from 2025 to 2030.
Revenue, 2024 (US$M)
$183.0
Forecast, 2030 (US$M)
$281.0
CAGR, 2025 - 2030
7.4%
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Latin America

Latin America micro-magnetic resonance imaging market, 2018-2030 (US$M)

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Latin America micro-magnetic resonance imaging market highlights

  • The Latin America micro-magnetic resonance imaging market generated a revenue of USD 183.0 million in 2024.
  • The market is expected to grow at a CAGR of 7.4% from 2025 to 2030.
  • In terms of segment, superconductive magnet was the largest revenue generating modality in 2024.
  • Superconductive Magnet is the most lucrative modality segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.

Latin America data book summary

Market revenue in 2024USD 183.0 million
Market revenue in 2030USD 281.0 million
Growth rate7.4% (CAGR from 2024 to 2030)
Largest segmentSuperconductive magnet
Fastest growing segmentSuperconductive Magnet
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSuperconductive Magnet, Permanent Magnet
Key market players worldwideBruker Corp, Siemens Healthineers AG ADR, Koninklijke Philips NV, Varian, Agilent Technologies

Other key industry trends

  • In terms of revenue, Latin America region accounted for 10.6% of the global micro-magnetic resonance imaging market in 2024.
  • Globally, Asia Pacific 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 792.8 million by 2030.

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Micro-Magnetic Resonance Imaging Market Companies

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Latin America micro-magnetic resonance 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 micro-magnetic resonance imaging market will help companies and investors design strategic landscapes.


Superconductive magnet was the largest segment with a revenue share of 84.7% in 2024. Horizon Databook has segmented the Latin America micro-magnetic resonance imaging market based on superconductive magnet, permanent magnet covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America micro-magnetic resonance imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America micro-magnetic resonance imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America micro-magnetic resonance imaging market size, by country, 2018-2030 (US$M)

Latin America Micro-Magnetic Resonance Imaging Market Outlook Share, 2024 & 2030 (US$M)

Latin America micro-magnetic resonance imaging market size, by country, 2018-2030 (US$M)

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