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Market Research Report

Brazil Diagnostic Imaging Market, Size, Share, Opportunities and Forecast, 2020-2027

Published by DataM Intelligence Product code 787182
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Brazil Diagnostic Imaging Market, Size, Share, Opportunities and Forecast, 2020-2027
Published: April 3, 2021 Content info: 180 Pages
Description

Brazil Diagnostic Imaging Market is segmented By Type (X-Ray, MRI), By Application (Orthopedic, Neurology, Oncology, Cardiology, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Share, Size, Outlook, and Opportunity Analysis, 2020-2027

Market Overview

Brazil Diagnostic Imaging Market is expected to grow at a CAGR of 5.75% during the forecast period (2020-2027).

Diagnostic imaging is a medical technique of non-invasive imaging tests for diagnosing and monitoring diseases or injuries by getting visual images of internal structures and organs of the patient's body. Diagnostic imaging technologies are used extensively by doctors to examine and diagnose the exact medical conditions of patients. Diagnostic imaging is helpful in identifying cardiac abnormalities, broken bones, aneurysms, gastrointestinal issues, and various types of cancer. Diagnostic imaging is also used to monitor how the patient's body responds to the treatment being given. Diagnostic imaging diagnoses disease in its early stage, and greatly improve patient's survival outcomes. It is a painless technique and offers a rapid diagnosis. The medical imaging industry has been revolutionized from bed-side monitoring to high-end digital scanning.

According to the World Health Organization (WHO), in Brazil, around 72% of all deaths every year are due to chronic diseases. According to a study published in The Lancet, Brazil is burdened with chronic non-communicable diseases, neuropsychiatric disorders are the single largest contributor to the chronic disease burden in Brazil, with an estimated 10 to 20% of people have had depression at some stage.

Market Drivers

The major drivers fueling the growth of the market are growing geriatric population, increasing prevalence of chronic diseases, technological advancement, and increase in funds and grants by government bodies.

There is a dramatic rise in the elderly population in Brazil, according to WHO, in 1920, life expectancy was only 35.2 years in Brazil, and the elderly accounted for just 4% of the total population of the country. In 2016, about 8.25 percent of Brazil's total population were aged 65 or more than that.

Health care in Brazil is funded by the Brazilian Government. The Ministry of Health (Ministerio da Saude) is responsible for public health services, government hospitals and medical services. Around 70% of Brazilian residents use public hospitals, while the rest opt for private hospital visits, which they either pay for themselves or which are covered by private medical insurance. In 2009, the Union, states and municipalities allocated around $ 39 billion to SUS (Brazil's publicly funded healthcare system), while the private network contributed approximately $ 45 billion.

Market Restraints

The shortage of trained radiologists and the high cost of the diagnostic imaging system are going to restrain the market in the forecast period.

According to the World Bank, in 2014, there were about 9,700 board-certified radiologists in Brazil, which is inadequate for a country with 206 million inhabitants and an aging population.

Market Segmentation

The global diagnostic imaging market can be segmented by type as X-Ray, MRI, Nuclear Medicine, Ultrasound, Tomography, Photoacoustic Imaging, Thermography, Echocardiography, Elastography, and Functional Near-Infrared Spectroscopy. X-Ray is further segmented on the basis of portability as Mobile, Handheld and Stationary and by technology as Analog Imaging and Digital Imaging and by application as Mammography, Dental and General Radiography. MRI is further segmented on the basis of the structure as Closed MRI, Open MRI, and Standing MRI and by resolution as Low-Field MRI Scanners, High-Field MRI Scanners, and Mid-Field MRI Scanners. Nuclear medicine is further segmented as Scintigraphy, PET Imaging and SPECT Imaging. Ultrasound is further segmented as 2D Ultrasound, 3D Ultrasound, 4D Ultrasound, and Doppler Imaging. Tomography is further segmented as High-End Slice CT scanners, Mid End Slice CT Scanners, Low-End Slice CT Scanners, and Tectile Imaging. The market is segmented on the basis of application as Orthopedic, Neurology, Oncology, Cardiology and Others.

An X-ray is a noninvasive medical test that helps physicians diagnose and treat medical conditions. X-ray segment holds the most significant share of the diagnostic imaging market of more than 20% owing to the versatility of the system and convenience in use. Technological advancement and increasing incidents of chronic disease are the prime factors boosting the growth of this segment. According to the Brazilian Association of Innovation in Healthcare, in 2017, Brazilian hospitals increased their X-ray machines count up to 12%.

In Brazil, cancer is the second most common cause of death, after cardiac and cerebrovascular diseases. Oncology accounts for more than 30% of the market and is expected to grow at a CAGR of 8.91% over the period of forecast. According to WHO, in 2014, there were approximately 395,000 new cancer cases in Brazil, 205,000 in men and 190,000 in women. The most incident types of cancer are prostate, lung, colon, and rectum, to diagnose these cancers, various diagnostic imaging tests are carried out in laboratory or hospitals.

Competitive Analysis

Some of the major key players in the market are GE Healthcare, Bayer HealthCare AG, Hologic Inc., Toshiba Medical Systems Corporation, Shimadzu Corporation, Siemens Limited, Philips Healthcare, Bracco Imaging SpA, and Fujifilm Holdings Corporation.

The Diagnostic Imaging market is a concentrated market with the dominance of five major companies. The vendors are increasingly focusing on implementing inorganic growth strategies to expand their presence in the market. The market is competitive with the presence of big well-established firms and several new and small firms that have similar product offerings. Intense competition among the companies has resulted in an increase in price wars among the companies. 

In Mar 2018, at the American College of Cardiology's (ACC) 67th Annual Scientific Session, Siemens Healthineers launched its new portable cardiovascular ultrasound solution, the Acuson Bonsai. 

In Nov 2017, Fujifilm introduced a new FDR Go PLUS version Portable Digital Radiography System and announced installations of the FDR AQRO mini mobile digital radiography solution.

Why purchase the report?

Visualize the composition of the brazil diagnostic imaging market across each indication, in terms of type and by type highlighting the key commercial assets and players.

Identify commercial opportunities in brazil diagnostic imaging market by analyzing trends and co-development deals.

Excel data sheets with thousands of data points of brazil diagnostic imaging market-level 4/5 segmentation.

PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

Product mapping in excel for the key products of all major market players.

Target Audience:

Medical device companies

Hospitals and clinics

Research and consulting firms

Healthcare associations/institutes

Venture capitalists

Government agencies

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Table of Contents

Table of Contents

Table of Contents

Brazil Diagnostic Imaging Market Methodology and Scope

Research Methodology

Research Objective and Scope of the Report

Brazil Diagnostic Imaging Market Definition and Overview

Brazil Diagnostic Imaging Market Executive Summary

Market Snippet by Type

Market Snippet by Application

Market Snippet by Region

DataM CLO Scenario

Brazil Diagnostic Imaging Market Dynamics

Market Impacting Factors

Drivers

The predominance of chronic diseases

Increasing investments, funds, and grants by government bodies.

Restraints

Shortage of trained radiologists

High cost of Diagnostic Imaging System

Opportunity

Impact Analysis

Brazil Diagnostic Imaging Market - Industry Analysis

Porter's Five Forces Analysis

Supply Chain Analysis

Regulatory Analysis

Epidemiology

Brazil Diagnostic Imaging Market - By Type

Introduction

Market Size Analysis, and Y-o-Y Growth Analysis (%), By Type

Market Attractiveness Index, By Type

X-Ray

Introduction

Market Size Analysis, and Y-o-Y Growth Analysis (%), By Portability

Mobile

Handheld

Stationary

Market Size Analysis, and Y-o-Y Growth Analysis (%), By Technology

Analog Imaging

Digital Imaging

Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

Mammography

Dental

General Radiography

Others

MRI

By Structure

Closed MRI

Open MRI

Standing MRI

By Resolution

Low- Field MRI Scanners

High-Field MRI Scanners

Mid-Field MRI Scanners

Nuclear Medicine

Scintigraphy

PET Imaging

SPECT Imaging

Ultrasound

2D Ultrasound

3D Ultrasound

4D Ultrasound

Doppler Imaging

Tomography

High End Slice CT Scanners

Mid End Slice CT Scanners

Low End Slice CT Scanners

Tactile Imaging

Photoacoustic Imaging

Thermography

Echocardiography

Elastography

Functional near Infrared Spectroscopy

Brazil Diagnostic Imaging Market - By Application

Introduction

Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

Market Attractiveness Index, By Application

Orthopedic

Introduction

Market Size Analysis, and Y-o-Y Growth Analysis (%), 2018-2026

Neurology

Oncology

Cardiology

Others

Brazil Diagnostic Imaging Market Competitive Landscape

Competitive Scenario

Competitor Diagnostic Imaging Strategy Analysis

Comparative Product Portfolio Analysis

Market Positioning/Share Analysis

Mergers and Acquisitions Analysis

Brazil Diagnostic Imaging Market Company Profiles

GE Healthcare *

Company Overview

Product Portfolio and Description

Key Highlights

Financial Overview

Bayer HealthCare AG

Hologic Inc.

Toshiba Medical Systems Corporation

Shimadzu Corporation

Siemens Healthcare

Philips Healthcare

Bracco Imaging SpA

Fujifilm Holdings Corporation

Brazil Diagnostic Imaging Market - Premium Insights

Brazil Diagnostic Imaging Market - DataM

Appendix

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