Medical Design and Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech

Strong Economic Growth And Increasing Investment In Public Health Care In Brazil Will Drive Diagnostic Imaging System Market Expansion

July 2, 2013 By the Associated Press

According to Millennium Research Group (MRG), the global authority on medical technology market intelligence, the Brazilian market for diagnostic imaging systems is poised for strong expansion through 2021 as a result of increased government investment in health care and the subsequent adoption of premium systems.

As economic growth recovers, the Brazilian government will continue to improve the quality of health care and increase health care capacity; as a result, public health care facilities will purchase more technologically advanced diagnostic imaging systems. As public health care facilities expand their diagnostic imaging fleets, private facilities will follow suit in order to remain attractive to clients.

In particular, facilities will increasingly purchase advanced X-ray and nuclear medicine devices, such as direct radiography (DR) and positron emission tomography/computed tomography (PET/CT) systems. DR systems offer better image quality and throughput in comparison to other X-ray systems, while PET/CT systems, unlike stand-alone nuclear medicine devices, provide attenuation correction and are very effective for oncological applications. As more funding becomes available to facilities, adoption of these premium-priced systems will accelerate, supporting overall market growth.

“In addition to increased facility spending, this market is being supported by very favorable demographics,” said MRG Analyst Felix Lam.

“An aging and increasingly unhealthy population will drive a significant increase in diagnostic imaging procedures, and both public and private facilities are in the position to meet this need. In addition, as the country becomes wealthier, there is a growing middle class that will have better access to health care, leading to even higher procedure volumes. Facilities are expanding the quantity and quality of their systems to meet the growing demand.” In order to optimize their success in this growing space, many foreign multinational vendors, such as GE Healthcare, Philips Healthcare and Siemens Healthcare have established domestic manufacturing facilities in Brazil. This strategy allows companies to avoid logistical obstacles such as higher production costs and heavy import fees, resulting in lower prices for end users, improved servicing and increased adoption.

Millennium Research Group’s Brazilian Markets for Diagnostic Imaging Systems 2013 report includes unit, installed base, average selling price and revenue information, along with market drivers and limiters and a competitive landscape for magnetic resonance imaging (MRI), CT, X-ray, ultrasound and nuclear medicine systems in Brazil.

Related Articles Read More >

Dexcom One
How Dexcom’s portfolio goes beyond highly-anticipated next-gen G7
A portrait of Stryker executive Siddarth Satish
How Stryker includes users for product design in the digital age
A Medtronic HVAD pump opened up to show the inner workings
Medtronic investigates HVAD pump welds after patient deaths
Galien Foundation 2022 nominees
18 of the world’s most innovative medical technologies

DeviceTalks Weekly.

May 27, 2022
Quick message - No DTW podcast, but plenty else to listen to over this weekend and next week.
See More >

MDO Digital Edition

Digital Edition

Subscribe to Medical Design & Outsourcing. Bookmark, share and interact with the leading medical design engineering magazine today.

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
DeviceTalks

DeviceTalks is a conversation among medical technology leaders. It's events, podcasts, webinars and one-on-one exchanges of ideas & insights.

DeviceTalks

New MedTech Resource

Medical Tubing

Enewsletter Subscriptions

Enewsletter Subscriptions

MassDevice

Mass Device

The Medical Device Business Journal. MassDevice is the leading medical device news business journal telling the stories of the devices that save lives.

Visit Website
MDO ad
Medical Design and Outsourcing
  • MassDevice
  • DeviceTalks
  • MedTech 100 Index
  • Medical Tubing + Extrusion
  • Drug Delivery Business News
  • Drug Discovery & Development
  • Pharmaceutical Processing World
  • R&D World
  • About Us/Contact
  • Advertise With Us
  • Subscribe to Print Magazine
  • Subscribe to E-newsletter
  • Attend our Monthly Webinars
  • Listen to our Weekly Podcasts
  • Join our DeviceTalks Tuesdays Discussion

Copyright © 2022 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Medical Design & Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech