Latin America Spinal Imaging Market Size & Outlook

The spinal imaging market in Latin America is expected to reach a projected revenue of US$ 186.1 million by 2027. A compound annual growth rate of 5.7% is expected of Latin America spinal imaging market from 2021 to 2027.
Revenue, 2020 (US$M)
$126.2
Forecast, 2027 (US$M)
$186.1
CAGR, 2021 - 2027
5.7%
Report Coverage
Latin America

Latin America spinal imaging market, 2016-2027 (US$M)

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Latin America spinal imaging market highlights

  • The Latin America spinal imaging market generated a revenue of USD 126.2 million in 2020.
  • The market is expected to grow at a CAGR of 5.7% from 2021 to 2027.
  • In terms of segment, mri was the largest revenue generating product in 2020.
  • MRI is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2021 to 2027.


Latin America data book summary

Market revenue in 2020USD 126.2 million
Market revenue in 2027USD 186.1 million
Growth rate5.7% (CAGR from 2020 to 2027)
Largest segmentMri
Fastest growing segmentMRI
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationMRI, Computed Tomography, X-ray, Ultrasound
Key market players worldwideGE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Siemens Healthineers AG ADR, Canon Inc, Bruker Corp, Mediso Medical Imaging Systems, Shimadzu Corp, FUJIFILM Holdings Corp, Hitachi Ltd, Toshiba Corporation


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.8% of the global spinal imaging market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 642.7 million by 2027.

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Spinal Imaging Market Companies

Name Profile # Employees HQ Website

Latin America spinal 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 spinal imaging market will help companies and investors design strategic landscapes.


Mri was the largest segment with a revenue share of 41.2% in 2020. Horizon Databook has segmented the Latin America spinal imaging market based on mri, computed tomography, x-ray, ultrasound covering the revenue growth of each sub-segment from 2016 to 2027.


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Target buyers of Latin America spinal imaging market databook

  • Our clientele includes a mix of spinal imaging market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America spinal imaging market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America spinal imaging market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America spinal imaging market size, by country, 2016-2027 (US$M)

Latin America Spinal Imaging Market Share, 2020 & 2027 (US$M)

Latin America spinal imaging market size, by country, 2016-2027 (US$M)

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