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(MoneyNewsWire.Net, February 16, 2018 ) According to the report Latin America Diagnostic Imaging Market, published by Market Data Forecast, The Market was worth $1.94 billion in 2016 and estimated to be growing at a CAGR of 6.30%, to reach $2.64 billion by 2021.
Medical imaging is the method of making a visual image of the inside of the body for medical intervention. These devices aid in creating a databank of normal anatomy and physiology of internal organs so that any irregularity can be observed immediately.
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The capability to generate pictures of a patients internal anatomy and alter them to film through diagnostic imaging has transformed the way many diseases and injuries are spotted, diagnosed, and treated. This market has applications in several medical arenas like cardiology, neurology, and orthopaedics.
The growth of the Latin America Diagnostic Imaging Market is mainly driven by factors such as rise in aging population, increasing prevalence of cancer and cardiac, neurological, and musculoskeletal disorders, and rising number of diagnostic imaging techniques. However, factors such as high costs of medical procedures and poor accessibility of proper health care in this part of the world are hindering the growth of the market.
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Latin America Diagnostic Imaging Market: Segmentation
By Type
X-Rays
o Portable X-Rays
o Handheld X-Rays
Nuclear Medicine
o Scintigraphy
o PET Imaging
o SPECT Imaging
Ultrasound
o 2D
o 3D
o 4D
o Doppler Imaging
MRI
Tomography
Photoacoustic Imaging
Thermography
Tactile Imaging
Elastography
Functional near infrared spectroscopy
Echocardiography
By Application
Cardiology
Oncology
Neurology
Orthopedics
Gastroenterology
Gynecology
Others
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. Brazil accounts for the major part of the Diagnostic Imaging market in this region followed by Argentina. Other significant markets in this region are Uruguay, Paraguay, Colombia, Chile, and Bolivia.
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Some of the major companies dominating this market are GE Healthcare, Siemens Healthcare, Toshiba Medical Systems Corporation, Hitachi Medical Corporation, Hologic Inc., Fujifilm Corporation, and Shimadzu Corporation.
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porters Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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