Market Research Industry Today
Brazil and Mexico Ultrasound Market Positioned for Accelerated Growth Through 2030 – BIS Research
How Big Is the Brazil and Mexico Ultrasound Market and How Fast Is It Growing?
Brazil's ultrasound market was valued at $118.5 million in 2022, projected to reach $209.2 million by 2030, at a CAGR of 7.3%.
Mexico's ultrasound market was worth $77.7 million in 2023, expected to grow to $117.5 million by 2030, at a CAGR of 6.08%.
What Are the Key Trends and Innovations in the Brazil and Mexico Ultrasound Market?
Technological advances include AI-assisted imaging, handheld ultrasound devices, and EMR-integrated systems. A major trend is the shift toward point-of-care diagnostics, enhancing access in rural zones. In Mexico, veterinary ultrasound is seeing strong uptake as pet care becomes a booming segment, especially in clinics and livestock diagnostics.
Access insight on Brazil and Mexico Ultrasound Market
What Are the Unique Selling Propositions (USPs) of the Brazil and Mexico Ultrasound Market Report?
- Country-level breakdown for Brazil and Mexico
- Insight into veterinary ultrasound and pet care market
- Focus on medical tourism’s diagnostic impact
- Forecasts by product type, application, and end-user
- Local distribution and OEM strategy analysis
Access Sample Report (Including Full TOC, List of Tables, Figures, and Chart)
What Is Driving Demand in the Brazil and Mexico Ultrasound Market?
Growing elderly populations, chronic disease cases, and investment in healthcare infrastructure are primary drivers. The demand for portable ultrasound, point-of-care imaging, and AI-driven diagnostics is rising. Expansion in telehealth is further catalyzing adoption, particularly in underserved and rural regions where diagnostic access remains limited.
Where Are the Opportunities in the Brazil and Mexico Ultrasound Market?
Key opportunities lie in the expansion of rural healthcare infrastructure, especially in Brazil. The growing need for veterinary diagnostics, oncology screening, and affordable imaging systems creates new avenues. Portable, cost-effective ultrasound systems are in high demand, supported by public and private investments in digital health integration.
What Challenges Does the Brazil and Mexico Ultrasound Market Face?
Brazil’s high import tariffs and regulatory complexity hinder foreign entry. Both markets struggle with a shortage of trained sonographers, limiting equipment efficiency. Low reimbursement rates and tight healthcare budgets deter adoption of premium systems. Additionally, infrastructure gaps and price sensitivity make it difficult to scale in rural or public sectors.
How Is the Brazil and Mexico Ultrasound Market Segmented by Application?
- Radiology
- Cardiology
- Women's Health
- Speciality
- Primary Care
- Point of Care
- Veterinary
- Others
Who Are the Key Players in the Brazil and Mexico Ultrasound Market and What Are Their Strategies?
Key Players:
- Philips
- Mindray
- Canon
- Siemens
Strategic Initiatives:
Companies are advancing AI-enabled diagnostics, building battery-operated mobile systems, and adapting devices for veterinary use. Collaborations with local hospitals and training programs for sonographers are strengthening market presence and expanding equipment adoption.
Download the complete TOC now!
What Is a Real-World Success Story from the Brazil and Mexico Ultrasound Market?
A global ultrasound OEM partnered with BIS Research to assess portable ultrasound demand in Latin America. The study spotlighted Mexico’s veterinary sector as a high-growth niche. The OEM launched a low-cost, rugged handheld model for border-state clinics. Within a year, it achieved fast adoption and expanded distribution, capitalizing on Mexico’s pet care trends and supply gaps.
Schedule a Call with Industry Experts
Related Reports from BIS Research
Global AI in Ultrasound Imaging Market
Central America Ultrasound Systems Market
Global Next Generation Ultrasound Systems Market
About BIS Research
BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish over 200 market intelligence studies annually, focusing on several deep technology verticals.
Our strategic market analysis emphasizes market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
BIS Research offers syndicate and custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.
Contact
Head of Marketing
Email: media@bisresearch.com
BIS Research Inc.
39111 PASEO PADRE PKWY STE 313,
FREMONT, CA 94538-1686
Visit our Blog @https://bisresearch.com/insights
Get Expert Insights @https://community.insightmonk.com
Connect with us on LinkedIn @ https://www.linkedin.com/company/bis-research
Connect with us on Twitter@ https://twitter.com/BISResearch
Share on Social Media
Other Industry News
Ready to start publishing
Sign Up today!