The Brazil medical devices market is segmented into patient monitoring, ultrasound, defibrillators, magnetic resonance imaging (MRI), and others (endoscopy, ophthalmology, orthopedic, and radiotherapy).The patient monitoring segment is expected to account for the largest share of the Brazil medical devices market in 2015; whereas, the ultrasound segment is expected to witness the highest growth rate during the forecast period. High growth in the ultrasound segment can be attributed to the increasing use of ultrasound for obstetric & gynecological applications and high adoption of therapeutic ultrasound technology.
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The Brazil ultrasound market is segmented on the basis of technology, type, portability, and application. Based on technology, the ultrasound market in Brazil is classified into diagnostic ultrasound and therapeutic ultrasound. Based on type, the Brazil ultrasound market is broadly classified into black & white ultrasound and color ultrasound. By portability, the market is classified into trolley/cart-based and compact/handheld ultrasound. Based on application, the ultrasound market is classified into radiology/general imaging, obstetric & gynecological, cardiological, vascular, urological, and other applications (hepatology, surgery, breast imaging, and emergency medicine). The diagnostic ultrasound segment is expected to account for the largest share of the Brazil ultrasound market. The increasing use of ultrasound technology for obstetrics and gynecological applications in the country is driving growth in this segment.
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By product, the market is classified into implantable cardioverter defibrillators (ICDs) and external defibrillators. The ICDs segment is expected to account for the largest share of the defibrillators market. On the basis of architecture, the Brazil MRI market is segmented into closed MRI and open MRI systems. The closed MRI systems segment is expected to account for the largest share of the MRI systems market.
In-depth profiling of the key players have been conducted, along with the recording of the recent developments (including new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by the key players to sustain and strengthen their positions in the Brazil medical devices market. GE Healthcare (U.K.), Philips Healthcare (Netherlands), Medtronic plc (U.S.), and Siemens Healthcare (Germany) are among the key players engaged in this market.
