LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET 2019-2027

Lifesciences | Healthcare & Wellness

LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET 2019-2027

Market By Test Types, Technology, Display Device, End-users And Geography | Forecast 2019-2027

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According to Triton, the cardiovascular ultrasound system market in Latin America is expected to proliferate with a CAGR of 3.83% in the forecast period of 2019-2027.

The countries that have been considered in Latin America’s cardiovascular ultrasound system market are:

•           Mexico

•           Brazil

•           Argentina

cardiovascular ultrasound system market in Latin America is expected to proliferate with a CAGR of 3.83%

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According to the Federal Government of Mexico 2015 economy report, the economy of Mexico witnessed an annual growth rate of approximately 2.5%. The year 2015 particularly attracted $150 billion of Foreign Direct Investment (FDI) for the development of advanced medical devices in the medical industry of Mexico over the six-year period from 2015 to 2021 with nearly $30 billion of investment targeted for 2016, which is expected to boost the Mexico cardiovascular ultrasound system market growth in the forecasted period. In addition, Mexico is expected to be a leading country for manufacturing cardiovascular ultrasound systems due to some significant location benefits. One of the key location benefits for manufacturing cardiovascular ultrasound systems includes the connectivity of Mexico with the rest of the world to ship their cost-effective cardiovascular ultrasound systems to other regions. The substantial FDI in the country’s medical device sector is expected to boost the manufacturing of medical devices, including the manufacturing of cardiovascular ultrasound systems, and thereby drive the Mexico cardiovascular ultrasound system market growth.

Mindray Medical International, Ltd. is a leading medical equipment manufacturer based in China. The company is also engaged in developing, manufacturing and marketing of a variety of medical devices, such as pulse oximeters, patient monitors, ultrasound systems, ECG, hematology analyzers, etc. The company has its geographical presence in 31 countries in North America, Latin America, Africa, Europe and APAC. Mindray has a strong workforce comprise of approximately 10,000 employees globally and had generated a total revenue worth $327.6 million in 2015 (third quarter).

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Table of Content

1.    LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCES OUTLOOK

2.2.1.   INTENSITY OF COMPETITIVE RIVALRY

2.2.2.   THREATS OF NEW ENTRANTS

2.2.3.   THREAT OF SUBSTITUTE PRODUCTS

2.2.4.   BARGAINING POWER OF BUYER

2.2.5.   BARGAINING POWER OF SUPPLIER

2.3. VENDOR SCORECARD

2.4. KEY INSIGHTS

2.5. VALUE CHAIN OUTLOOK

2.6. MARKET OUTLOOK

2.7. KEY BUYING OUTLOOK

2.8. MARKET DRIVERS

2.8.1.   TECHNOLOGY ADVANCEMENT

2.8.2.   RISING HEALTHCARE EXPENDITURE

2.8.3.   RISE IN THE USAGE OF MINIMALLY INVASIVE PROCEDURES

2.8.4.   SURGE IN CARDIOVASCULAR DISEASES

2.9. MARKET RESTRAINTS

2.9.1.   INCREASING ADOPTION OF ALTERNATIVE TECHNOLOGIES

2.9.2.   WEAK REIMBURSEMENT POLICY

2.9.3.   HIGH COST OF SURGERIES

2.10.            MARKET OPPORTUNITIES

2.10.1.                RAPIDLY RISING DEMAND FOR MOBILE-BASED ULTRASOUND DEVICES

2.10.2.                UPSURGE IN RESEARCH AND DEVELOPMENT

2.11.            MARKET CHALLENGES

2.11.1.                INTERVENTIONAL CARDIOLOGY DEVICES COMPLICATIONS

2.11.2.                STRINGENT GOVERNMENT REGULATIONS

2.11.3.                HIGH COSTS ASSOCIATED WITH CORONARY STENTS AND CARDIAC CATHETER-BASED TREATMENTS

3.    CARDIOVASCULAR ULTRASOUND SYSTEM MARKET OUTLOOK - BY TEST TYPES

3.1. TRANSTHORACIC ECHOCARDIOGRAM

3.2. TRANSESOPHAGEAL ECHOCARDIOGRAM

3.3. STRESS ECHOCARDIOGRAM

3.4. OTHER ECHOCARDIOGRAM

4.    CARDIOVASCULAR ULTRASOUND SYSTEM MARKET OUTLOOK - BY TECHNOLOGY

4.1. 2D ULTRASOUND

4.2. 3D & 4D ULTRASOUND

4.3. DOPPLER IMAGING

5.    CARDIOVASCULAR ULTRASOUND SYSTEM MARKET OUTLOOK - BY DISPLAY DEVICE

5.1. COLOR DISPLAY

5.2. BLACK & WHITE DISPLAY

6.    CARDIOVASCULAR ULTRASOUND SYSTEM MARKET OUTLOOK - BY END-USER

6.1. HOSPITAL & CARDIOLOGY CENTERS

6.2. HOME & AMBULATORY CARE SETTINGS

6.3. OTHER END-USERS

7.    CARDIOVASCULAR ULTRASOUND SYSTEM MARKET - REGIONAL OUTLOOK

7.1. COUNTRY ANALYSIS

7.1.1.1.      MEXICO

7.1.1.2.      BRAZIL

7.1.1.3.      ARGENTINA

8.    COMPETITIVE LANDSCAPE

8.1. SAMSUNG ELECTRONICS CO., LTD.

8.2. UNETIXS VASCULAR, INC. (ACQUIRED BY OPTO CIRCUITS)

8.3. ATRICURE, INC.

8.4. ESAOTE S.P.A.

8.5. BOSTON SCIENTIFIC CORPORATION

8.6. GE HEALTHCARE, INC.

8.7. HITACHI MEDICAL CORPORATION

8.8. TOSHIBA MEDICAL SYSTEMS CORPORATION (ACQUIRED BY CANON, INC.)

8.9. FUJIFILM HOLDINGS CORPORATION

8.10.            CHISON MEDICAL IMAGING CO., LTD.

8.11.            MINDRAY MEDICAL INTERNATIONAL LIMITED

8.12.            PHILIPS HEALTHCARE

8.13.            ABBOTT VASCULAR, INC.

8.14.            STRYKER CORPORATION

8.15.            ULTRASOUND TECHNOLOGIES, LTD.

9.    METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE

9.2. SOURCES OF DATA

9.3. RESEARCH METHODOLOGY

List of table

TABLE 1        LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET 2019-2027 ($ MILLION)

TABLE 2        LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY TEST TYPES 2019-2027 ($ MILLION)

TABLE 3        LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY TECHNOLOGY 2019-2027 ($ MILLION)

TABLE 4        LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY DISPLAY DEVICE 2019-2027 ($ MILLION)

TABLE 5        LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY END-USER 2019-2027 ($ MILLION)

TABLE 6        LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY COUNTRY 2019-2027 ($ MILLION)

TABLE 7        MEXICO CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY TEST TYPE 2019-2027 ($ MILLION)

TABLE 8        MEXICO CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY TECHNOLOGY 2019-2027 ($ MILLION)

TABLE 9        MEXICO CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY DISPLAY DEVICE 2019-2027 ($ MILLION)

TABLE 10      MEXICO CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY END-USER 2019-2027 ($ MILLION)

TABLE 11      BRAZIL CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY TEST TYPE 2019-2027 ($ MILLION)

TABLE 12      BRAZIL CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY TECHNOLOGY 2019-2027 ($ MILLION)

TABLE 13      BRAZIL CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY DISPLAY DEVICE 2019-2027 ($ MILLION)

TABLE 14      BRAZIL CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY END-USER 2019-2027 ($ MILLION)

TABLE 15      ARGENTINA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY TEST TYPE 2019-2027 ($ MILLION)

TABLE 16      ARGENTINA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY TECHNOLOGY 2019-2027 ($ MILLION)

TABLE 17      ARGENTINA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY DISPLAY DEVICE 2019-2027 ($ MILLION)

TABLE 18      ARGENTINA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET BY END-USER 2019-2027 ($ MILLION)

List of Figures

FIGURE 1      LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET 2019-2027 ($ MILLION)

FIGURE 3      LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN TRANSTHORACIC ECHOCARDIOGRAM 2019-2027 ($ MILLION)

FIGURE 4      LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN TRANSESOPHAGEAL ECHOCARDIOGRAM 2019-2027 ($ MILLION)

FIGURE 5      LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN STRESS ECHOCARDIOGRAM 2019-2027 ($ MILLION)

FIGURE 6      LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN OTHER ECHOCARDIOGRAM 2019-2027 ($ MILLION)

FIGURE 7      LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN 2D ULTRASOUND 2019-2027 ($ MILLION)

FIGURE 8      LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN 3D & 4D ULTRASOUND 2019-2027 ($ MILLION)

FIGURE 9      LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN DOPPLER IMAGING 2019-2027 ($ MILLION)

FIGURE 10   LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN COLOUR DISPLAY 2019-2027 ($ MILLION)

FIGURE 11   LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN BLACK & WHITE DISPLAY 2019-2027 ($ MILLION)

FIGURE 12   LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN HOSPITAL & CARDIOLOGY CENTERS 2019-2027 ($ MILLION)

FIGURE 13   LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN HOME & AMBULATORY CARE SETTINGS 2019-2027 ($ MILLION)

FIGURE 14   LATIN AMERICA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET IN OTHER END-USER 2019-2027 ($ MILLION)

FIGURE 15   MEXICO CARDIOVASCULAR ULTRASOUND SYSTEM MARKET 2019-2027 ($ MILLION)

FIGURE 16   BRAZIL CARDIOVASCULAR ULTRASOUND SYSTEM MARKET 2019-2027 ($ MILLION)

FIGURE 17   ARGENTINA CARDIOVASCULAR ULTRASOUND SYSTEM MARKET 2019-2027 ($ MILLION)

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