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MediPoint: Diagnostic Ultrasound Imaging - South America Analysis and Market Forecasts

Brazil diagnostic ultrasound market growth impeded by stringent regulations put in place by ANVISA


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2014-04-11 21:07:03 - MediPoint: Diagnostic Ultrasound Imaging - South America Analysis and Market Forecasts - a new market research report on companiesandmarkets.com

An early diagnosis of disease is the foundation for increasing survival rates. Diagnostic ultrasound imaging is the most widely used technique to achieve early detection and clinical assessment of adult and pediatric patients alike, making it a cornerstone of disease control.

The major barriers that are impeding the growth of the diagnostic ultrasound market in this region include difficulty in penetrating the Brazilian market due to stringent regulations put in place by ANVISA, the regulatory authority. In addition, the revenue that can be generated depends on high-volume sales as this economy is price-sensitive, and therefore even though the number of unit sales grows at a CAGR of 3.1% from 2012 to 2019.

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