Brazil Optical Imaging Systems Market Size & Outlook
Brazil optical imaging systems market, 2018-2030 (US$M)
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Brazil optical imaging systems market highlights
- The Brazil optical imaging systems market generated a revenue of USD 34.4 million in 2023 and is expected to reach USD 78.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
- In terms of segment, optical coherence tomography was the largest revenue generating technology in 2023.
- Photoacoustic Tomography is the most lucrative technology segment registering the fastest growth during the forecast period.
Optical imaging systems market data book summary
| Market revenue in 2023 | USD 34.4 million |
| Market revenue in 2030 | USD 78.6 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | Optical coherence tomography |
| Fastest growing segment | Photoacoustic Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Photoacoustic Tomography, Optical Coherence Tomography, Hyperspectral Imaging, Near-Infrared Spectroscopy |
| Key market players worldwide | Abbott Laboratories, PerkinElmer, Carl Zeiss Meditec AG, Koninklijke Philips NV, Topcon Corp, Canon Inc, Danaher Corp, Optovue, Arsenal Capital Partners, Heidelberger Druckmaschinen AG |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.6% of the global optical imaging systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico optical imaging systems market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 46.1 million by 2030.
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Optical Imaging Systems Market Scope
Optical Imaging Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil optical imaging systems 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 optical imaging systems market will help companies and investors design strategic landscapes.
Optical coherence tomography was the largest segment with a revenue share of 62.21% in 2023. Horizon Databook has segmented the Brazil optical imaging systems market based on photoacoustic tomography, optical coherence tomography, hyperspectral imaging, near-infrared spectroscopy covering the revenue growth of each sub-segment from 2018 to 2030.
Rising prevalence of chronic conditions such as cancer can be attributed to the growth of the Brazilian market. In 2015, Brazil’s total healthcare expenditure was 8.9% of the GDP. Therefore, increasing healthcare expenditure by the government is expected to play a positive role in market growth.
The presence of organizations like Brazilian Association of High Technology Health Products (ABIMED), which is a participating member of The Global Diagnostic Imaging, Healthcare IT and Radiation Therapy Trade Association (DITTA), also aids growth.
ABIMED operates in partnership with National Health Surveillance Agency (ANVISA) and is focused on improving access to new medical technologies. These key factors are expected to drive the market during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil optical imaging systems market , including forecasts for subscribers. This country databook contains high-level insights into Brazil optical imaging systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil optical imaging systems market size, by technology, 2018-2030 (US$M)
Brazil Optical Imaging Systems Market Outlook Share, 2023 & 2030 (US$M)
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