
Latin America Computed Tomography (CT) Devices Market Outlook (2021-2031)
No. of Pages: 184 | Report Code: BMIPUB00032254 | Category: Life Sciences
No. of Pages: 184 | Report Code: BMIPUB00032254 | Category: Life Sciences
The Latin America computed tomography (CT) devices market size is expected to reach US$ 1,382.9 million by 2031 from US$ 1,044.1 million in 2024. The market is estimated to record a CAGR of 4.1% from 2025 to 2031.
Latin American CT devices market is picking up speed as healthcare networks around the region increasingly focus on diagnostic upgradation and enhanced patient outcomes. The need for high-end imaging technology is being propelled by increasing rates of chronic diseases, including cancer and cardiovascular ailments, as well as rising incidence of trauma-related injuries. While there continue to be discrepancies between the access to healthcare in urban and rural provinces, regional governments are closing the gaps through new hospital schemes, equipment modernization, and partnerships with global health organizations. The private healthcare sector is also a significant contributor, with chains of diagnostics and specialty clinics acquiring high-performance CT machines to provide faster, more precise services. Ongoing healthcare reforms and a growing emphasis on preventive care, CT imaging systems are emerging as a cornerstone in diagnostic protocols, particularly in oncology, neurology, and emergency medicine. This evolution is driving Latin America toward a heightened reliance on advanced CT technologies, marking a significant shift in the region’s approach to modern healthcare delivery.
Key segments that contributed to the derivation of the computed tomography (CT) devices market analysis are product type, portability, technology, application, and end user.
The market is shifting rapidly from older-generation scanners to advanced multi-slice, low-dose CT systems, which deliver better imaging precision while cutting down on patient radiation. Investment is especially robust in urban centers, where hospitals are adopting AI-powered imaging platforms to boost diagnostic efficiency. Public procurement efforts are broadening access in underdeveloped areas, with the goal of tackling disparities in healthcare services. A major factor contributing to this growth is the region's heightened focus on the early detection of diseases, especially cancer and cardiovascular issues, both of which necessitate regular and comprehensive imaging.
The integration of digital health is gaining significant traction, particularly with the advancements in tele-radiology and cloud-based image sharing. These technologies facilitate better collaboration between healthcare providers and specialists globally. As both private and public institutions pursue modernization, CT devices are likely to continue playing a crucial role in imaging innovations within the region, ultimately promoting more equitable and efficient healthcare delivery.
Based on country, the Latin America computed tomography (CT) devices market is segmented into Brazil, Mexico, Argentina, Colombia, Chile, and Peru. Mexico held the largest share in 2024.
Mexico stands out as a leader in the Latin American CT scan market, owing to a well-developed healthcare system. The country’s booming medical tourism sector is a major driver which is pushing demand for advanced diagnostic imaging equipment. Mexico has both public and private healthcare providers, but the adoption of CT scanner is more the private sector. In addition, government-led efforts to enhance public health and broaden access to medical technology are sustaining steady growth in the CT imaging market. Mexico has emerged as a strategic hub for international medical device manufacturers, supported by a robust distribution infrastructure. These factors continue to reinforce the country’s status as a regional leader in advanced CT imaging solutions.
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 1,044.1 Million |
Market Size by 2031 | US$ 1,382.9 Million |
CAGR (2025 - 2031) | 4.1% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | Latin America
|
Market leaders and key company profiles |
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GE HealthCare, Siemens Healthineers AG, FUJIFILM Holdings Corporation, Canon Inc., Koninklijke Philips N.V., Shanghai United Imaging Healthcare Co., LTD, Samsung Healthcare, IDETEC MEDICAL IMAGING, NeuroLogica Corp. and Neusoft Medical Systems are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.
Business Market Insights conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:
The Latin America Computed Tomography (CT) Devices Market is valued at US$ 1,044.1 Million in 2024, it is projected to reach US$ 1,382.9 Million by 2031.
As per our report Latin America Computed Tomography (CT) Devices Market, the market size is valued at US$ 1,044.1 Million in 2024, projecting it to reach US$ 1,382.9 Million by 2031. This translates to a CAGR of approximately 4.1% during the forecast period.
The Latin America Computed Tomography (CT) Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Latin America Computed Tomography (CT) Devices Market report:
The Latin America Computed Tomography (CT) Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Latin America Computed Tomography (CT) Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Latin America Computed Tomography (CT) Devices Market value chain can benefit from the information contained in a comprehensive market report.