LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028

Lifesciences | Medical Devices & Consumables

LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028

Market by Display, Technology, Type, End-user, and Country Outlook | Forecast 2022-2028

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According to Triton’s research report, the cardiovascular ultrasound market in Latin America is likely to develop with a CAGR of 6.41% over the forecasting duration from 2022 to 2028.




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The countries included in this region are:

•         Mexico

•         Brazil

•         Rest of Latin America

Brazil holds the largest market share in this region. The rise in various research activities for cardiovascular health being conducted, along with an increase in healthcare spending, are driving the demand for cardiovascular ultrasound systems in Latin America, which is expected to foster the market’s growth.

Cardiovascular disease (CVD) incidence in Brazil is growing. The aging population is contributing significantly to this increased disease burden, as individuals in the age group of 50 to 79 years are the most affected. Heart failure and other ischemic heart diseases, along with stroke, account for nearly 50% of all hospital admissions associated with CVD. This demands the usage of cardiovascular ultrasound systems for timely disease detection and treatment. Increased adoption of these equipment will contribute to market growth.

Cardiovascular diseases are a leading cause of death and disability in Rest of Latin America as well. They account for around 30% of all deaths in Argentina, with ischemic heart disease being the condition with the highest morbidity & mortality rates. Further, approximately 48,765 deaths due to coronary heart disease (CHD) were reported in the country in 2020, accounting for 17.64% of total deaths that year. The growing disease burden is expected to enhance the adoption of echocardiography systems. This, in turn, will drive the market growth in the forthcoming years.

Tissues containing large quantities of water appear dark or black or “hypoechoic.” This is because the larger parts of the ultrasound waves transmit through them; whereas, smaller parts of the waves are reflected by the tissues, returning to the transducer. On the other hand, tissues containing less water appear light or white or “hyperechoic.” This is because they reflect the larger parts of the waves, and smaller parts transmit through these tissues.

The report assesses the market according to display, technology, end-user, and type. Here, the display segment comprises black and white and colored.

Esaote S.p.A., GE Healthcare, Telemed Ultrasound Medical Systems, Philips Healthcare, Viatom Technology Co, Siemens Healthineers, Canon Medical Corp, and Lanmage are the distinguished players in the cardiovascular ultrasound market.

GE Healthcare is a leading medical technology company offering pharmaceutical diagnostics and innovative digital solutions. It offers imaging, ultrasound, diagnostics ECG, patient monitoring, products and services. The Vivid Ultra Edition is a comprehensive range of echocardiography systems offered by the company. Besides, its Centricity™ Cardio Enterprise range also offers numerous cardiovascular care devices. GE Healthcare has a business presence in Latin America. It was founded in 1892, and has a strong workforce of more than 50,000 employees.

 

Key deliverables of the report:

      Market CAGR during the forecasting years 2022-2028

      Detailed data highlighting key insights, industry components, and market strategies


      Comprehensive information and estimation of the cardiovascular ultrasound market revenue growth in Latin America and its influence on the parent market


      In-depth study of forthcoming trends in consumer behavioral patterns


      A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model


      A wide-ranging study of factors that will challenge the Latin America cardiovascular ultrasound market’s growth during the upcoming years

Want to get specific insights? Our team of analysts can customize this report based on your preferences. Connect with us here

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Table of Content

1. LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE CARDIOVASCULAR ULTRASOUND MARKET

2.2. KEY INSIGHTS

2.2.1. EMERGENCE OF ARTIFICIAL INTELLIGENCE (AI)

2.2.2. STRAIN IMAGING HAS SEEN A GRADUAL INCREASE

2.3. PORTER’S FIVE FORCES ANALYSIS

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTES

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. THREAT OF COMPETITIVE RIVALRY

2.4. KEY IMPACT ANALYSIS

2.4.1. QUALITY

2.4.2. DURABILITY

2.4.3. PRICE

2.4.4. TECHNOLOGY

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. INDUSTRY COMPONENTS

2.8. KEY MARKET STRATEGIES

2.8.1. PRODUCT LAUNCHES

2.8.2. ALLIANCES

2.9. MARKET DRIVERS

2.9.1. INCREASE IN CARDIOVASCULAR DISEASE CASES

2.9.2. ADVANCEMENTS IN TECHNOLOGY

2.10. MARKET CHALLENGES

2.10.1. LACK OF AWARENESS AMONG PATIENTS

2.10.2. NEED TO ABIDE BY STRINGENT REGULATIONS

2.11. MARKET OPPORTUNITIES

2.11.1. RAPID EXPANSION OF POINT-OF-CARE ULTRASOUND (POCUS)

2.11.2. RAPID GROWTH OF FETAL ECHOCARDIOGRAPHY

3. LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY DISPLAY

3.1. BLACK AND WHITE

3.2. COLORED

4. LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY TECHNOLOGY

4.1. 2D

4.2. 3D/4D

4.3. DOPPLER

5. LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY TYPE

5.1. TRANSTHORACIC ECHOCARDIOGRAPHY

5.2. FETAL ECHOCARDIOGRAPHY

5.3. TRANSESOPHAGEAL ECHOCARDIOGRAPHY

5.4. OTHER TYPES

6. LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET OUTLOOK – BY END-USER

6.1. HOSPITALS

6.2. DIAGNOSTIC CENTERS

6.3. AMBULATORY CARE CENTERS

6.4. OTHER END-USERS

7. LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET – COUNTRY OUTLOOK

7.1. BRAZIL

7.2. MEXICO

7.3. REST OF LATIN AMERICA

8. COMPETITIVE LANDSCAPE

8.1. GE HEALTHCARE

8.2. PHILIPS HEALTHCARE

8.3. SIEMENS HEALTHINEERS

8.4. CANON MEDICAL CORP

8.5. FUJIFILM HOLDINGS CORPORATION

8.6. SAMSUNG MEDISON CO LTD

8.7. ESAOTE S.P.A.

8.8. MINDRAY MEDICAL INTERNATIONAL LIMITED

8.9. VIATOM TECHNOLOGY CO

8.10. LANMAGE

8.11. DAWEI MEDICAL

8.12. ZONCARE

8.13. LELTEK INC

8.14. TELEMED ULTRASOUND MEDICAL SYSTEMS

8.15. CLARIUS

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of Tables

TABLE 1: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: LIST OF PRODUCT LAUNCHES

TABLE 4: LIST OF ALLIANCES

TABLE 5: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 6: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2022-2028 (IN $ MILLION)

TABLE 7: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 8: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 9: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DISPLAY, 2021 & 2028 (IN %)

FIGURE 5: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY BLACK AND WHITE, 2022-2028 (IN $ MILLION)

FIGURE 6: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY COLORED, 2022-2028 (IN $ MILLION)

FIGURE 7: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)

FIGURE 8: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY 2D, 2022-2028 (IN $ MILLION)

FIGURE 9: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY 3D/4D, 2022-2028 (IN $ MILLION)

FIGURE 10: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DOPPLER, 2022-2028 (IN $ MILLION)

FIGURE 11: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TYPE, 2021 & 2028 (IN %)

FIGURE 12: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TRANSTHORACIC ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 13: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY FETAL ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 14: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY TRANSESOPHAGEAL ECHOCARDIOGRAPHY, 2022-2028 (IN $ MILLION)

FIGURE 15: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)

FIGURE 16: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 17: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY HOSPITALS, 2022-2028 (IN $ MILLION)

FIGURE 18: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY DIAGNOSTIC CENTERS, 2022-2028 (IN $ MILLION)

FIGURE 19: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY AMBULATORY CARE CENTERS, 2022-2028 (IN $ MILLION)

FIGURE 20: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)

FIGURE 21: LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

FIGURE 22: BRAZIL CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: MEXICO CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: REST OF LATIN AMERICA CARDIOVASCULAR ULTRASOUND MARKET 2022-2028 (IN $ MILLION)

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