Beyond the modest penetration of specialized medical equipment, the market outlook in Latin America remains robust:<\/p>\n
- \n
- The surgical robotics market is set to grow with a CAGR of 10.6% between 2021 and 2028<\/li>\n
- The CT scanner market is projected to grow by 4.7% between 2022 and 2027<\/li>\n
- The C-arms market is forecast to grow by 3.2% between 2022 and 2027<\/li>\n
- The mammography market is set to grow by 6.9% between 2022 and 2027<\/li>\n<\/ul>\n
Growth Drivers<\/h2>\n
One reason for these robust growth projections is the critical role that Latin America\u2019s leading hospitals play. In the region\u2019s largest markets \u2013 Brazil, Mexico, Colombia, Argentina, and Chile \u2013 certain hospitals stand out by their level of care and their acquisition of sophisticated medical equipment used to diagnose and treat complex conditions.<\/p>\n
In our recent report, MedTech Outlook: Latin America 2023<\/a>, we included a list of the top 10 MedTech leaders in several key markets:<\/p>\n
- \n
- Argentina<\/li>\n
- Brazil<\/li>\n
- Central America<\/li>\n
- Chile<\/li>\n
- Colombia<\/li>\n
- Mexico<\/li>\n
- Peru<\/li>\n<\/ul>\n
We designated these hospitals as technology leaders due to their currently reported amounts of leading equipment types, such as:<\/p>\n
- \n
- Angiography machines<\/li>\n
- C-arms<\/li>\n
- CT scanners<\/li>\n
- Gamma cameras<\/li>\n
- Linear accelerators<\/li>\n
- MRI machines<\/li>\n
- Positron Emission tomography (PET) systems<\/li>\n
- Radiotherapy machines<\/li>\n
- Robotic surgery systems<\/li>\n<\/ul>\n
Below we break down the major tech leaders in these key markets.<\/p>\n
![\"Argentina:](\"https:\/\/globalhealthintelligence.com\/wp-content\/uploads\/2023\/08\/argentina_top_three_hospital_technology_leaders_en_01.jpg\")
\u00a0<\/strong><\/p>\nTo identify the tech leaders in Argentina, as well as 1,000 other strategic data points about Latin America’s medical equipment market, click here to purchase the MedTech Outlook: Latin America 2023<\/a> report.<\/p>\n
![\"Brazil:](\"https:\/\/globalhealthintelligence.com\/wp-content\/uploads\/2023\/08\/brazil_top_three_hospital_technology_leaders_en_01.gif\")
<\/p>\nTo identify the tech leaders in Brazil, as well as 1,000 other strategic data points about Latin America’s medical equipment market, click here to purchase the MedTech Outlook: Latin America 2023<\/a> report.<\/p>\n
![\"Central](\"https:\/\/globalhealthintelligence.com\/wp-content\/uploads\/2023\/08\/central_america_top_three_hospital_technology_leaders_en_01.gif\")
<\/p>\nTo identify the tech leaders in Central America, as well as 1,000 other strategic data points about Latin America’s medical equipment market, click here to purchase the MedTech Outlook: Latin America 2023<\/a> report.<\/p>\n
![\"Chile:](\"https:\/\/globalhealthintelligence.com\/wp-content\/uploads\/2023\/08\/chile_top_three_hospital_technology_leaders_en_01.gif\")
<\/p>\nTo identify the tech leaders in Chile, as well as 1,000 other strategic data points about Latin America’s medical equipment market, click here to purchase the MedTech Outlook: Latin America 2023<\/a> report.<\/p>\n
![\"Colombia:](\"https:\/\/globalhealthintelligence.com\/wp-content\/uploads\/2023\/08\/colombia_top_three_hospital_technology_leaders_en_01.gif\")
<\/p>\nTo identify the tech leaders in Colombia, as well as 1,000 other strategic data points about Latin America’s medical equipment market, click here to purchase the MedTech Outlook: Latin America 2023<\/a> report.<\/p>\n
![\"Mexico:](\"https:\/\/globalhealthintelligence.com\/wp-content\/uploads\/2023\/08\/mexico_top_three_hospital_technology_leaders_en_01.gif\")
<\/p>\nTo identify the tech leaders in Mexico, as well as 1,000 other strategic data points about Latin America’s medical equipment market, click here to purchase the MedTech Outlook: Latin America 2023<\/a> report.<\/p>\n
![\"Peru:](\"https:\/\/globalhealthintelligence.com\/wp-content\/uploads\/2023\/08\/peru_top_three_hospital_technology_leaders_en_01.gif\")
<\/p>\nTo identify the tech leaders in Peru, as well as 1,000 other strategic data points about Latin America’s medical equipment market, click here to purchase the MedTech Outlook: Latin America 2023<\/a> report.<\/p>\n
What\u2019s Next for the Medical Equipment Market in Latin America?<\/h2>\n
The pandemic has obliged medical equipment and medical device manufacturers to continuously monitor and track the market to detect early warnings that could result either in risks or opportunities. Market segmentation is critical in helping medical equipment and medical device manufacturers better assess their markets and craft distribution strategies to reach specific clients. Segmentation based on hospital demographics is one of several paths that can be explored.<\/p>\n
Monitoring of the evolution of market size, either in number of units or value, is also critical to detect shifts and trends in the market. As the pandemic has proven, monitoring market share is the only true metric of success for leading established medical equipment and medical device manufacturers<\/p>\n
Next Steps<\/h2>\n