Brazil Teleradiology Market Size & Outlook, 2023-2030
Brazil teleradiology market, 2018-2030 (US$M)
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Brazil teleradiology market highlights
- The Brazil teleradiology market generated a revenue of USD 174.6 million in 2023 and is expected to reach USD 933.9 million by 2030.
- The Brazil market is expected to grow at a CAGR of 27.1% from 2024 to 2030.
- In terms of segment, x-ray was the largest revenue generating product in 2023.
- Computed Tomography is the most lucrative product segment registering the fastest growth during the forecast period.
Teleradiology market data book summary
| Market revenue in 2023 | USD 174.6 million |
| Market revenue in 2030 | USD 933.9 million |
| Growth rate | 27.1% (CAGR from 2023 to 2030) |
| Largest segment | X-ray |
| Fastest growing segment | Computed Tomography |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography, Ultrasound, X-ray, Nuclear Imaging, Magnetic Resonance Imaging |
| Key market players worldwide | Pediatrix Medical Group Inc, Agfa-Gevaert NV, Everlight Electronics, Evidian, Nano X Imaging Ltd Ordinary Shares, Koninklijke Philips NV, Matrix Pack |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.4% of the global teleradiology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil teleradiology market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 869.8 million by 2030.
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Teleradiology Market Scope
Teleradiology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil teleradiology 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 teleradiology market will help companies and investors design strategic landscapes.
X-ray was the largest segment with a revenue share of 27.32% in 2023. Horizon Databook has segmented the Brazil teleradiology market based on computed tomography, ultrasound, x-ray, nuclear imaging, magnetic resonance imaging covering the revenue growth of each sub-segment from 2018 to 2030.
Presence of target population, considerably high healthcare expenditure, and increasing government initiatives are among the major drivers of the market growth. Growth in economic and political stability has led to positive economic growth in this country. Nearly 77% of all Brazilians are covered by private insurance companies, hence spending for diagnostics and medical imaging is affordable.
Regular awareness campaigns are undertaken by various organizations to monitor the health status of people through premedical checkups. Brazil is estimated to possess good growth potential for the teleradiology market.
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Target buyers of Brazil teleradiology market databook
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Our clientele includes a mix of teleradiology market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil teleradiology market , including forecasts for subscribers. This country databook contains high-level insights into Brazil teleradiology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil teleradiology market size, by product, 2018-2030 (US$M)
Brazil Teleradiology Market Outlook Share, 2023 & 2030 (US$M)
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