The South & Central America medical imaging informatics market is expected to grow from US$ 133.65 million in 2021 to US$ 182.96 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.
The market growth is attributed to the rising geriatric population and the growing demand for AI- and cloud-based platforms. However, lack of expertise to operate medical imaging informatics system is expected to restrict the market growth during the forecast period.
The elderly population majorly suffers from various chronic diseases, such as cardiovascular diseases (CVD), due to structural and functional changes in their cardiovascular systems associated with aging. Aging leads to the stiffening of the heart and blood vessels. Thus, arrhythmias, as well as coronary artery disease and heart failure, are common risk factors in people of age 75 and above. Thus, the rising geriatric population worldwide increases the demand for various disease diagnoses procedures, as well as medical imaging informatics, thereby fueling the market growth.
Heart disease, cancer, and diabetes, among other chronic diseases, are the leading causes of death and disability in Brazil. These diseases are also the leading contributor to the annual health care costs of US$ 3.8 trillion in this country. Therefore, the rising prevalence of chronic diseases along with increasing healthcare cost is driving the medical imaging informatics market.
Agfa-Gevaert Group; Carestream Health; GENERAL ELECTRIC; Koninklijke Philips N.V.; Siemens Healthcare GmbH; Hologic, Inc.; Konica Minolta, Inc.; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; and FUJIFILM Holdings Corporation are a few major companies operating in the South & Central America medical imaging informatics market.
The market growth is attributed to the rising geriatric population and the growing demand for AI- and cloud-based platforms. However, lack of expertise to operate medical imaging informatics system is expected to restrict the market growth during the forecast period.
The elderly population majorly suffers from various chronic diseases, such as cardiovascular diseases (CVD), due to structural and functional changes in their cardiovascular systems associated with aging. Aging leads to the stiffening of the heart and blood vessels. Thus, arrhythmias, as well as coronary artery disease and heart failure, are common risk factors in people of age 75 and above. Thus, the rising geriatric population worldwide increases the demand for various disease diagnoses procedures, as well as medical imaging informatics, thereby fueling the market growth.
Heart disease, cancer, and diabetes, among other chronic diseases, are the leading causes of death and disability in Brazil. These diseases are also the leading contributor to the annual health care costs of US$ 3.8 trillion in this country. Therefore, the rising prevalence of chronic diseases along with increasing healthcare cost is driving the medical imaging informatics market.
South & Central America Medical Imaging Informatics Market Segmentation
The South & Central America medical imaging informatics market is segmented into type, application, component, and country. Based on type, the market is segmented into digital radiography, ultrasound, MRI, CT, nuclear imaging, and mammography. Based on application, the market is categorized into hospitals, ambulatory healthcare settings, diagnostics and imaging centers, and others. Based on component, the market is segmented into software, hardware, and services. By country, the South & Central America medical imaging informatics market is segmented into Brazil, Argentina, and the Rest of South & Central America.Agfa-Gevaert Group; Carestream Health; GENERAL ELECTRIC; Koninklijke Philips N.V.; Siemens Healthcare GmbH; Hologic, Inc.; Konica Minolta, Inc.; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; and FUJIFILM Holdings Corporation are a few major companies operating in the South & Central America medical imaging informatics market.
Table of Contents
1. Introduction
3. Research Methodology
4. Medical Imaging Informatics Market - Market Landscape
5. Report Name Market - Key Market Dynamics
6. Medical Imaging Informatics Market-South and Central America Analysis
7. Medical Imaging Informatics Market Revenue and Forecasts to 2028- by Type
8. Medical Imaging Informatics Market Revenue and Forecasts To 2028 - Application
9. Medical Imaging Informatics Market Revenue and Forecasts To 2028 - Component
10. South and Central America Medical Imaging Informatics Market Revenue and Forecasts to 2028 Country Analysis
11. Medical Imaging Informatics Market -Industry Landscape
12. Company Profiles
13. Appendix
List of Figures
List of Tables
Companies Mentioned
- Carestream Health
- ESAOTE SPA
- FUJIFILM Holdings Corporation
- GENERAL ELECTRIC
- Hologic, Inc.
- Konica Minolta, Inc.
- Koninklijke Philips N.V.
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Siemens Healthcare GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 139 |
| Published | July 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 133.65 Million |
| Forecasted Market Value ( USD | $ 182.96 Million |
| Compound Annual Growth Rate | 4.6% |
| No. of Companies Mentioned | 9 |
