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South America CT Market - Growth, Trends, and Forecasts (2020 - 2025)

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  • 80 Pages
  • March 2020
  • Mordor Intelligence
  • ID: 4997462
UP TO OFF until Sep 30th 2023
In South America, the CT market is increasing primarily due to increasing incidence of cancer and other chronic illnesses. Moreover, the geriatric population in also increasing in South America. As the geriatric population is prone to more illnesses, which is expected to increase the prevalence of chronic illnesses in South America. In addition, the technological advancements have also made CT technologies more safer, which have increased their adoption rate in the region. Hence all these factors have helped the growth of CT market in the South American region.

Key Market Trends

Application in Cardiology Segment is Expected to Account for Largest Market Share during the Forecast Period

Modern CT use a noninvasive procedure that uses X-rays to make images of the heart. Modern CT scanners, or multidetector CT, or MDCT are quick and detailed. These advanced MDCT are capable of taking images of the beating heart, and show calcium and blockages in the heart arteries. Further MDCT are used to gather additional information on the heart’s structure and how well heart pumps blood, fluid in the pericardial sac that covers the surface of the heart, the amount of plaque buildup and narrowing of your coronary arteries and any abnormalities in the large blood vessels.

As per the World Aging Population 2017 report by the United Nations, the population in many of the South American countries is aging. Geriatric population is more prone towards chronic illnesses, especially cardiac disorders. Hence, the demand for CT for diagnosis of cardiac disorders is expected to increase in the future. This will help the market growth in the region.

Competitive Landscape

The computed tomography (CT) market is a consolidated market, owing to the presence of a few major players in the market. Most of the market players are focusing on bringing technologically advanced products in the market to acquire the maximum market share.

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Table of Contents

1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Incidences of Cancer and other Chronic Diseases
4.2.2 Rising Geriatric Population
4.2.3 Technological Advances in CT Techniques and Devices
4.3 Market Restraints
4.3.1 Expensive Equipment and Procedure
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5.1 By Type
5.1.1 Low Slice
5.1.2 Medium Slice
5.1.3 High Slice
5.2 By Application
5.2.1 Oncology
5.2.2 Neurology
5.2.3 Cardiovascular
5.2.4 Other Applications
5.3 By End User
5.3.1 Hospitals
5.3.2 Clinics
5.3.3 Other End Users
5.4 Geography
5.4.1 South America Brazil Argentina Rest of South America
6.1 Company Profiles
6.1.1 Canon Medical Systems Corporation
6.1.2 Fujifilm Holdings Corporation
6.1.3 GE Healthcare
6.1.4 Hitachi Healthcare Systems
6.1.5 Koninklijke Philips NV
6.1.6 NeuroLogica Corporation
6.1.7 Neusoft Medical Systems Co. Ltd
6.1.8 Shenzhen Anke High-Tech Co
6.1.9 Siemens Healthineers

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Canon Medical Systems Corporation
  • Fujifilm Holdings Corporation
  • GE Healthcare
  • Hitachi Healthcare Systems
  • Koninklijke Philips NV
  • NeuroLogica Corporation
  • Neusoft Medical Systems Co. Ltd
  • Shenzhen Anke High-Tech Co
  • Siemens Healthineers