Latin America Ultrasound Market Outlook (2021-2031)

The Latin America Ultrasound Market size was valued at US$ 269.0 Mn in 2024 and is projected to reach US$ 344.4 Mn by 2031, growing at a CAGR of 3.6% during 2025 - 2031.

Report Coverage
  • Product Type: Diagnostic Ultrasound Systems, Therapeutic Ultrasound Systems
  • Portability: Portable/Trolley Based Devices, Handheld Devices
  • Application: General Imaging, Cardiology, Oncology, Gynecology, Orthopedics, Urology, Gastroenterology, Other Applications
  • End User: Hospitals, Specialty Clinics, Diagnostics Imaging Centers, Ambulatory Surgical Centers, Others
US$ 269.0 Mn Market size in 2024
US$ 344.4 Mn Market Size by 2031
3.6% CAGR, 2025 - 2031
2025-2031 Forecast Period

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
  • 3.2.1 Data Triangulation and Validation

4. Latin America Ultrasound Market Landscape

4.1 Overview
4.3 Ecosystem Analysis
  • 4.3.1 List of Vendors in the Value Chain

5. Latin America Ultrasound Market – Key Market Dynamics

5.1 Market Drivers
5.2 Market Restraints
5.3 Market Opportunities
5.4 Future Trends
5.5 Impact of Drivers and Restraints

6. Latin America Ultrasound Market Regional Analysis

6.2 Latin America Ultrasound Market Revenue 2021-2031 (US$ Million)
6.3 Latin America Ultrasound Market Forecast Analysis

7. Latin America Ultrasound Market Analysis – by Product Type

7.1 Diagnostic Ultrasound Systems
  • 7.1.1 Overview
  • 7.1.2 Diagnostic Ultrasound Systems: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Therapeutic Ultrasound Systems
  • 7.2.1 Overview
  • 7.2.2 Therapeutic Ultrasound Systems: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)

8. Latin America Ultrasound Market Analysis – by Portability

8.1 Portable/Trolley Based Devices
  • 8.1.1 Overview
  • 8.1.2 Portable/Trolley Based Devices: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Handheld Devices
  • 8.2.1 Overview
  • 8.2.2 Handheld Devices: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)

9. Latin America Ultrasound Market Analysis – by Application

9.1 General Imaging
  • 9.1.1 Overview
  • 9.1.2 General Imaging: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Cardiology
  • 9.2.1 Overview
  • 9.2.2 Cardiology: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Oncology
  • 9.3.1 Overview
  • 9.3.2 Oncology: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Gynecology
  • 9.4.1 Overview
  • 9.4.2 Gynecology: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.5 Orthopedics
  • 9.5.1 Overview
  • 9.5.2 Orthopedics: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.6 Urology
  • 9.6.1 Overview
  • 9.6.2 Urology: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.7 Gastroenterology
  • 9.7.1 Overview
  • 9.7.2 Gastroenterology: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
9.8 Other Applications
  • 9.8.1 Overview
  • 9.8.2 Other Applications: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)

10. Latin America Ultrasound Market Analysis – by End User

10.1 Hospitals
  • 10.1.1 Overview
  • 10.1.2 Hospitals: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.2 Specialty Clinics
  • 10.2.1 Overview
  • 10.2.2 Specialty Clinics: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.3 Diagnostics Imaging Centers
  • 10.3.1 Overview
  • 10.3.2 Diagnostics Imaging Centers: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Ambulatory Surgical Centers
  • 10.4.1 Overview
  • 10.4.2 Ambulatory Surgical Centers: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)
10.5 Others
  • 10.5.1 Overview
  • 10.5.2 Others: Latin America Ultrasound Market – Revenue and Forecast, 2021-2031 (US$ Million)

11. Latin America Ultrasound Market – Latin America Analysis

11.1 Overview

11.2 Latin America
  • 11.2.1 Latin America Ultrasound Market Breakdown, by Key Country, 2025 and 2031 (%)
  • 11.2.1.1 Latin America Ultrasound Market – Revenue and Forecast Analysis – by Country
  • 11.2.1.1 Mexico: Latin America Ultrasound Market – Revenue and Forecast to 2031 (US$ Million)
    • 11.2.1.1.1 Mexico: Latin America Ultrasound Market Breakdown, by Product Type
    • 11.2.1.1.2 Mexico: Latin America Ultrasound Market Breakdown, by Portability
    • 11.2.1.1.3 Mexico: Latin America Ultrasound Market Breakdown, by Application
    • 11.2.1.1.4 Mexico: Latin America Ultrasound Market Breakdown, by End User
  • 11.2.1.2 Brazil: Latin America Ultrasound Market – Revenue and Forecast to 2031 (US$ Million)
    • 11.2.1.2.1 Brazil: Latin America Ultrasound Market Breakdown, by Product Type
    • 11.2.1.2.2 Brazil: Latin America Ultrasound Market Breakdown, by Portability
    • 11.2.1.2.3 Brazil: Latin America Ultrasound Market Breakdown, by Application
    • 11.2.1.2.4 Brazil: Latin America Ultrasound Market Breakdown, by End User
  • 11.2.1.3 Argentina: Latin America Ultrasound Market – Revenue and Forecast to 2031 (US$ Million)
    • 11.2.1.3.1 Argentina: Latin America Ultrasound Market Breakdown, by Product Type
    • 11.2.1.3.2 Argentina: Latin America Ultrasound Market Breakdown, by Portability
    • 11.2.1.3.3 Argentina: Latin America Ultrasound Market Breakdown, by Application
    • 11.2.1.3.4 Argentina: Latin America Ultrasound Market Breakdown, by End User
  • 11.2.1.4 Peru: Latin America Ultrasound Market – Revenue and Forecast to 2031 (US$ Million)
    • 11.2.1.4.1 Peru: Latin America Ultrasound Market Breakdown, by Product Type
    • 11.2.1.4.2 Peru: Latin America Ultrasound Market Breakdown, by Portability
    • 11.2.1.4.3 Peru: Latin America Ultrasound Market Breakdown, by Application
    • 11.2.1.4.4 Peru: Latin America Ultrasound Market Breakdown, by End User
  • 11.2.1.5 Chile: Latin America Ultrasound Market – Revenue and Forecast to 2031 (US$ Million)
    • 11.2.1.5.1 Chile: Latin America Ultrasound Market Breakdown, by Product Type
    • 11.2.1.5.2 Chile: Latin America Ultrasound Market Breakdown, by Portability
    • 11.2.1.5.3 Chile: Latin America Ultrasound Market Breakdown, by Application
    • 11.2.1.5.4 Chile: Latin America Ultrasound Market Breakdown, by End User
  • 11.2.1.6 Colombia: Latin America Ultrasound Market – Revenue and Forecast to 2031 (US$ Million)
    • 11.2.1.6.1 Colombia: Latin America Ultrasound Market Breakdown, by Product Type
    • 11.2.1.6.2 Colombia: Latin America Ultrasound Market Breakdown, by Portability
    • 11.2.1.6.3 Colombia: Latin America Ultrasound Market Breakdown, by Application
    • 11.2.1.6.4 Colombia: Latin America Ultrasound Market Breakdown, by End User

12. Competitive Landscape

12.1 Heat Map Analysis
12.2 Company Positioning and Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Partnerships and Collaborations
13.4 Other Developments

14. Company Profiles

14.1 GE HealthCare
  • 14.1.1 Key Facts
  • 14.1.2 Business Description
  • 14.1.3 Products and Services
  • 14.1.4 Financial Overview
  • 14.1.5 SWOT Analysis
  • 14.1.6 Key Developments
14.2 Siemens Healthineers AG
  • 14.2.1 Key Facts
  • 14.2.2 Business Description
  • 14.2.3 Products and Services
  • 14.2.4 Financial Overview
  • 14.2.5 SWOT Analysis
  • 14.2.6 Key Developments
14.3 FUJIFILM Holdings Corporation
  • 14.3.1 Key Facts
  • 14.3.2 Business Description
  • 14.3.3 Products and Services
  • 14.3.4 Financial Overview
  • 14.3.5 SWOT Analysis
  • 14.3.6 Key Developments
14.4 Canon Inc.
  • 14.4.1 Key Facts
  • 14.4.2 Business Description
  • 14.4.3 Products and Services
  • 14.4.4 Financial Overview
  • 14.4.5 SWOT Analysis
  • 14.4.6 Key Developments
14.5 Koninklijke Philips N.V.
  • 14.5.1 Key Facts
  • 14.5.2 Business Description
  • 14.5.3 Products and Services
  • 14.5.4 Financial Overview
  • 14.5.5 SWOT Analysis
  • 14.5.6 Key Developments
14.6 Esaote SPA
  • 14.6.1 Key Facts
  • 14.6.2 Business Description
  • 14.6.3 Products and Services
  • 14.6.4 Financial Overview
  • 14.6.5 SWOT Analysis
  • 14.6.6 Key Developments
14.7 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • 14.7.1 Key Facts
  • 14.7.2 Business Description
  • 14.7.3 Products and Services
  • 14.7.4 Financial Overview
  • 14.7.5 SWOT Analysis
  • 14.7.6 Key Developments
14.8 Hologic Inc.
  • 14.8.1 Key Facts
  • 14.8.2 Business Description
  • 14.8.3 Products and Services
  • 14.8.4 Financial Overview
  • 14.8.5 SWOT Analysis
  • 14.8.6 Key Developments
14.9 Trivitron Healthcare
  • 14.9.1 Key Facts
  • 14.9.2 Business Description
  • 14.9.3 Products and Services
  • 14.9.4 Financial Overview
  • 14.9.5 SWOT Analysis
  • 14.9.6 Key Developments
14.10 Samsung Healthcare
  • 14.10.1 Key Facts
  • 14.10.2 Business Description
  • 14.10.3 Products and Services
  • 14.10.4 Financial Overview
  • 14.10.5 SWOT Analysis
  • 14.10.6 Key Developments

15. Appendix

15.1 About Business Market Insights
15.2 List of Abbreviations

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175 pages PDF & Excel | 2026-05-19