No. of Pages: 169 | Report Code: BMIPUB00032244 | Category: Life Sciences
The South & Central America computed tomography (CT) devices market size is expected to reach US$ 1,022.60 million by 2031 from US$ 796.50 million in 2024. The market is estimated to record a CAGR of 3.7% from 2025 to 2031.
The CT devices market of South & Central America is growing gradually with the influence of healthcare modernization, investments in diagnostic infrastructure, and the rising incidence of chronic diseases. Key drivers for CT adoption in the region are cancer, cardiovascular diseases, and trauma-related injuries. Access inequalities still exist between urban and rural regions, yet the regional governments are focusing on the even allocation of diagnostics equipment to enhance healthcare provision. Public-private collaborations and global partnerships are also helping to diffuse sophisticated CT systems, particularly in academic centers and tertiary care hospitals. Private diagnostic chains are increasingly shaping imaging service delivery in the urban market, providing high-quality imaging services and streamlining patient waits. Preventive care is increasingly being highlighted throughout the region, making CT imaging a critical tool for early detection and enhanced patient management.
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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 from old, low-capacity scanners to multi-slice and reduced dose CT techniques, thereby improving accuracy and safety. Public sector reforms are allowing new equipment to be purchased by regional hospitals, while private groups are primarily providing high-end CT in metropolitan centers. A key driver is the increasing focus on early diagnosis and improved oncology and cardiovascular imaging, as rates of non-communicable diseases continue to increase. The level of tele-radiology usage is increasing, thus helping reduce the shortage of trained radiologists and reduce obtaining advanced diagnostics in remote areas. Additionally, international MedTech companies are undertaking training and partnering, thus improving the uptake of technology. As healthcare spending continues to increase, CT systems are becoming more and more integrated into normal clinical practice and allowing both in-hospital and out-patient care.
Based on country, the South & Central America computed tomography (CT) devices market is segmented into Brazil, Argentina, Chile, Colombia, Peru, and the Rest of South & Central America. Brazil held the largest share in 2024.
Brazil leads the South & Central America CT devices market due to its sizeable population, extensive hospital network, and strong demand for diagnostic imaging. The public healthcare system has expanded CT access in nearly all regions through government funded procurement, mainly in regional and teaching hospitals. In addition, private hospitals and diagnostic centers in cities such as Sao Paulo and Rio de Janeiro have been adopting the latest offerings in multi-slice CT systems and AI-enabled imaging platforms for improved accuracy and workflow efficiency. The country’s large burden of chronic diseases and trauma cases will continue to create demand for CT imaging in multiple specialties. Combined with efforts to expand access in underserved regions, Brazil’s role as a regional center for medical innovation and training, reinforce its dominance in the South & Central America market.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 796.50 Million |
| Market Size by 2031 | US$ 1,022.60 Million |
| CAGR (2025 - 2031) | 3.7% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
|
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 South & Central America Computed Tomography (CT) Devices Market is valued at US$ 796.50 Million in 2024, it is projected to reach US$ 1,022.60 Million by 2031.
As per our report South & Central America Computed Tomography (CT) Devices Market, the market size is valued at US$ 796.50 Million in 2024, projecting it to reach US$ 1,022.60 Million by 2031. This translates to a CAGR of approximately 3.7% during the forecast period.
The South & Central 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 South & Central America Computed Tomography (CT) Devices Market report:
The South & Central 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 South & Central America Computed Tomography (CT) Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Computed Tomography (CT) Devices Market value chain can benefit from the information contained in a comprehensive market report.
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