Latin America Ultrasound Endoscopes Market Outlook (2021-2031)

The Latin America ultrasound endoscopes market size is expected to reach US$ 102.1 million by 2031 from US$ 72.1 million in 2024. The market is estimated to record a CAGR of 5.1% from 2025 to 2031.

Executive Summary and Latin America Ultrasound Endoscopes Market Analysis:

The ultrasound endoscopes market in Latin America continues to grow, driven by increasing investment in healthcare and rising focus on early detection of disease. The countries in the region are modernizing their capabilities for diagnostics, especially in urban hospitals and specialty clinics. Public health awareness campaigns for gastrointestinal and pancreatic diseases are contributing to awareness and consequently uptake of ultrasound endoscopy. Access to ultrasound endoscopy is uneven in different areas, but private healthcare systems are expanding their capabilities and offering more choices. Regional medical associations are also contributing by advocating for training and establishment of standards for ultrasound endoscopy. Overall, the market development is still emergent but showing positive signs of momentum. As the demand for minimally invasive diagnostics increases, and support from both public and private sectors also increases, ultrasound endoscopy is becoming more visible in clinical practice across Latin America.

Latin America Ultrasound Endoscopes Market Strategic Insights

Latin America Ultrasound Endoscopes Market Segmentation Analysis

Key segments that contributed to the derivation of the ultrasound endoscopes market analysis are product type, application, and end user.

• By product type, the ultrasound endoscope market is segmented into linear and radial. The linear segment dominated the market in 2024.
• By application, the ultrasound endoscope market is segmented into gastrointestinal endoscopy, bronchoscopy, and others. The gastrointestinal endoscopy segment dominated the market in 2024.
• By end user, the market is segmented into hospitals, specialty clinics, ambulatory surgical centers, and diagnostic centers. The hospitals segment held the largest share of the market in 2024.  

Latin America Ultrasound Endoscopes Market Outlook

A driving force in ultrasound endoscope market across Latin America is the growth of telemedicine networks in the region. These platforms are helping connect remote clinics with specialists in major cities, allowing for better diagnostic collaboration. When ultrasound endoscopy is used together with teleconsultation, the consultants are potentially able to provide preliminary consultations and discuss any follow-up assessments with colleagues, leading to more swift clinical decision-making and providing greater access to expertise. This is particularly relevant for countries with large rural populations lacking access to specialized medical care. As telemedicine networks grow, hospitals become comfortable investing in advanced diagnostics that connect their own teams to specialists remotely. This improves access and enables medical teams to make an assessment together with the specialist through telemedicine. The combination of technology and accessibility is reshaping how diagnostics are delivered, making ultrasound endoscopy a more practical and scalable solution across the region.

Latin America Ultrasound Endoscopes Market Country Insights

Based on country, the Latin America ultrasound endoscopes market is segmented into Brazil, Mexico, Argentina, Colombia, Chile, and Peru. Mexico held the largest share in 2024.

Mexico dominates the Latin American market for ultrasound endoscopes, aided by its extensive network of healthcare facilities and increasing demand for accurate diagnostics. Monterrey, Guadalajara, and Mexico City hospitals have embraced endoscopic ultrasound in their gastrointestinal and pancreatic treatments. Public health initiatives in the country focus on early diagnosis, and ultrasound endoscopy works well with this. Hands-on training programs are being extended at medical schools and teaching centers to develop clinical skills. Mexico is also experiencing high levels of investment by private hospital chains, which are modernizing equipment to international standards. With strong urban infrastructure, policy support, and a rising middle class seeking better care, Mexico is setting the pace for ultrasound endoscope adoption across the region.

Latin America Ultrasound Endoscopes Market Report Highlights

Latin America Ultrasound Endoscopes Market Company Profiles

Olympus Corporation, FUJIFILM Holding Corporation, Hoya Corporation, SonoScape Medical Corp, and Beijing LepuImage Technology Co., Ltd 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.

Latin America Ultrasound Endoscopes Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

Secondary Research

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:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations
• Industry trade journals and other relevant publications
• Government documents, statistical databases, and market reports
• News articles, press releases, and webcasts specific to companies operating in the market

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.

Primary Research

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:

• Refine findings from secondary research
• Enhance the expertise and market understanding of the analysis team
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

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:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Latin America Ultrasound Endoscopes Market Country and Regional Insights

Latin America Ultrasound Endoscopes Key Sources Referred:

• The World Bank
• World Health Organization (WHO)
• Center for Disease Control and Prevention (CDC)
• American Society for Gastrointestinal Endoscopy
• European Society of Gastrointestinal Endoscopy
• World Endoscopy Organization
• Society of American Gastrointestinal and Endoscopic Surgeons
• Global Cancer Observatory
• Company website
• Company annual reports
• Company investor presentations