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Pulished Date February, 2020
ID: 1864
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Latin America Medical Device Technology Market Research Report – Segmented By Device Type, Technology & Country (Mexico, Brazil, Argentina, Chile & Rest of Latin America) - Industry Analysis on Size, Share, Trends, Forecast, Growth | 2020 - 2025

Pulished: February, 2020
ID: 1864
Pages: 135

Latin America Medical Device Technology Market Size & Growth (2020 – 2025):

As Per the Report, the Size of the Latin America Medical Device Technology Market is valued at USD 61.33 Million in 2020 and is forecasted to exhibit a CAGR of 6% and reach USD 82.08 Million by 2025 during the forecast period 2020-2025.

An Article, Apparatus, Instrument or software used in prevention, diagnosis or treatment of illness is known as Medical Device. Technologies that are utilized in the medical device are called Medical Device Technologies. The improvement in technology has changed ways in which medical instruments are utilized to treat patients. Some of these Technologies are electronic aspirin used for relief from migraines, Mela Find optical instrument for the treatment of melanoma skin cancer, robotic health checkup instrument, needle-free diabetes care instrument to find the glucose level, and Sapientranscatheter aortic valve instrument used in open-heart surgery.

Medical Device Technology is a broad field where innovation is the major driving factor. MRI Systems, Ultrasound systems, x-ray systems, and mammography instruments are on-demand globally for the diagnosis of disease and disorder. With the increasing demand for the above-mentioned instruments market device technology market will also increase. At present, many hospitals and clinics are adopting workflow automation processes to ensure patient safety. Workflow automation provides fast and consistent data analysis. The increased need for workflow automation and better communication processes are also major driving factors in the medical device industry.

With the growing occurrence of technology piracy, it is hard to avert the misuse of non-licensed technology in biomedical device integration. This is a major restraint for the medical device technology industry. Technical complexity and high cost of some medical technology might restrict global market demand. In addition, regulatory compliance for approval of medical device technology is a major factor that might hinder the global market for medical device technology. This region has a high CAGR because of the growing industry, and developing markets like brazil.

Latin America Medical Device Technology Market has been segmented and sub-segmented into the following categories

  • By Device Type: Electromedical equipment, Irradiation apparatus, Dental apparatus, in vitro diagnostics (IVD) devices, kidney/dialysis devices, diagnostic imaging devices, ophthalmology devices, orthopedic devices, endoscopy devices, diabetes care devices, anesthesia & respiratory care devices, wound management devices.
  • By Technology: Biomarkers, Bio implants, molecular diagnostics.
  • By Country: Mexico, Brazil, Argentina, Chile & the Rest of Latin America.

Noteworthy Companies dominating the Latin America Medical Device Technology Market Profiled in the Report are Abbott Laboratories, Inc., Becton, Dickinson and Company, GE Healthcare, Novartis Diagnostics, bioMerieux, Inc., Biomerica, Inc., Johnson and Johnson Diagnostics, Inc., Olympus Corporation, Qiagen N.V., Siemens AG, Thermo Fischer Scientific, Inc., and Zenith Healthcare Ltd.


                1.1 Market Definition 

                1.2 Study Deliverables

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                                

2. Research Methodology         

                2.1 Introduction            

                2.2 Research Phases   

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design      

                2.4 Study Timeline       

3. Overview     

                3.1 Executive Summary                                

                3.2 Key Inferences      

                3.3 Epidemiology           

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                    

                4.1 Market Drivers                                          

                4.2 Market Restraints 

                4.3 Key Challenges      

                4.4 Current Opportunities in the Market           

5. Market Segmentation            

                5.1 Type           

                                5.1.1 Introduction                           

                                5.1.2 Electro medical equipment                              

                                5.1.3 Irradiation Apparatus                         

                                5.1.4 Dental Equipment and Supplies                     

                                5.1.5  Y-o-Y Growth Analysis, By Type                    

                                5.1.6  Market Attractiveness Analysis, By Type                  

                                5.1.7  Market Share Analysis, By Type                    

                5.2 End User   

                                5.2.1 Introduction                           

                                5.2.2 Clinics & Hospitals                

                                5.2.3 Medical Device Industries                

                                5.2.4 Research and Pharmaceutical Entities                         

                                5.2.5 Y-o-Y Growth Analysis, By End User                             

                                5.2.6 Market Attractiveness Analysis, By End User  

                                5.2.7 Market Share Analysis, By End User                             

6. Geographical Analysis            

                6.1 Introduction            

                                6.1.1 Regional Trends                    

                                6.1.2 Impact Analysis                     

                                6.1.3 Y-o-Y Growth Analysis                        

    By Type 

    By End User        

                                6.1.4  Market Attractiveness Analysis                     

    By Type 

    By End User        

                                6.1.5  Market Share Analysis                      

    By Type 

    By End User        

                6.2 Brazil          

                6.3 Mexico      

                6.4 Argentina

                6.5 Rest of Latin America          

7.Strategic Analysis      

                7.1 PESTLE analysis      

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis           

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services  

                                7.2.5 Competitive Rivalry within the Industry                     

8.Market Leaders' Analysis       

                8.1 Abbott Laboratories, Inc.   

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Financial analysis                  

                                8.1.4 Recent Developments                       

                                8.1.5 SWOT analysis                       

                                8.1.6 Analyst View                          

                8.2 Becton       

                8.3 Dickinson and Company     

                8.4 GE Healthcare        

                8.5 Biomerica, Inc.       

                8.6 bioMerieux, Inc.    

                8.7 Novartis Diagnostics            

                8.8  Johnson & Johnson Diagnostics, Inc.           

                8.9 Olympus Corporation          

                8.10 Qiagen N.V.          

                8.11 Siemens AG          

                8.12 Thermo Fischer Scientific, Inc.       

                8.13 Zenith Healthcare Ltd.      

9.Competitive Landscape          

                9.1 Market share analysis         

                9.2 Merger and Acquisition Analysis    

                9.3 Agreements, collaborations and Joint Ventures   

                9.4 New Product Launches      

10.Market Outlook and Investment Opportunities       


                a) List of Tables                                

                b) List of Figures           

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  2. Latin America Electro Medical Equipment Market By Region, From 2020-2025 ( USD Billion )
  3. Latin America Irradiation Apparatus Market By Region, From 2020-2025 ( USD Billion )
  4. Latin America Dental Equipment and Supplies Market By Region, From 2020-2025 ( USD Billion )
  5. Latin America Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  6. Latin America Clinics & Hospitals Market By Region, From 2020-2025 ( USD Billion )
  7. Latin America Medical Device Industries Market By Region, From 2020-2025 ( USD Billion )
  8. Latin America Research & Pharmaceutical Entities Market By Region, From 2020-2025 ( USD Billion )
  9. Brazil Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  10. Brazil Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  11. Argentina Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  12. Argentina Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  13. Mexico Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  14. Mexico Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )
  15. Rest of Latin America Medical Device Technology Market By Type, From 2020-2025 ( USD Billion )
  16. Rest of Latin America Medical Device Technology Market By End User, From 2020-2025 ( USD Billion )

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