Latin America Mri Ferromagnetic Detection System Market Size & Outlook

The mri ferromagnetic detection system market in Latin America is expected to reach a projected revenue of US$ 134.0 million by 2030. A compound annual growth rate of 15.5% is expected of Latin America mri ferromagnetic detection system market from 2024 to 2030.
Revenue, 2023 (US$M)
$48.7
Forecast, 2030 (US$M)
$134.0
CAGR, 2024 - 2030
15.6%
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Latin America

Latin America mri ferromagnetic detection system market, 2018-2030 (US$M)

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Latin America mri ferromagnetic detection system market highlights

  • The Latin America mri ferromagnetic detection system market generated a revenue of USD 48.7 million in 2023.
  • The market is expected to grow at a CAGR of 15.5% from 2024 to 2030.
  • In terms of segment, stationary was the largest revenue generating type in 2023.
  • Portable is the most lucrative type 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 2023USD 48.7 million
Market revenue in 2030USD 134.0 million
Growth rate15.5% (CAGR from 2023 to 2030)
Largest segmentStationary
Fastest growing segmentPortable
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationStationary, Portable
Key market players worldwideFujidenolo, ETS-Lindgren, Fitel Telecomunicazioni, CEIA, Tactical Solutions, Metrasens, Bio-X, Kopp Development


Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.9% of the global mri ferromagnetic detection system market in 2023.
  • 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 414.4 million by 2030.

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Latin America mri ferromagnetic detection system market size, by country, 2018-2030 (US$M)

Latin America MRI Ferromagnetic Detection System Market Outlook Share, 2023 & 2030 (US$M)

Latin America mri ferromagnetic detection system market size, by country, 2018-2030 (US$M)

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