The revenue in the medical technology market in Brazil was forecast to continuously increase between 2024 and 2029 by in total 4.6 billion U.S. dollars (+37.58 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 16.83 billion U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition: The Medical Technology market covers devices and products used for prevention, diagnosis, and treatment of diseases. Next to pharmaceuticals, they form the most important category of medical products. The most well known medical technology products are, among others, pacemakers, imaging instruments, dialysis machines, and implants.
Structure: The Medical Technology market consists of two markets, In Vitro Diagnostics (IVD) and Medical Devices. The IVD market covers products used for medical laboratory testing of specimens derived from the human body. The Medical Devices market covers a broad range of products which are further marketed into medical specialties or types of application: Cardiology Devices, Diagnostic Imaging Devices, Orthopedic Devices, Ophthalmic Devices, and General & Plastic Surgery Devices. The Other Medical Devices market provides information on additional areas that are not covered by the main markets.
Additional information: Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.
Company examples: Medtronic, Johnson & Johnson, Abbott Laboratories, Siemens Healthineers. Further information on the key players can be found in the Market Shares boxes.
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Statista. (May 23, 2024). Revenue in the medical technology market in Brazil from 2018 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1397485/revenue-medical-technology-market-brazil/
Statista. "Revenue in the medical technology market in Brazil from 2018 to 2029 (in billion U.S. dollars)." Chart. May 23, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1397485/revenue-medical-technology-market-brazil/
Statista. (2024). Revenue in the medical technology market in Brazil from 2018 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1397485/revenue-medical-technology-market-brazil/
Statista. "Revenue in The Medical Technology Market in Brazil from 2018 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 23 May 2024, https://www.statista.com/statistics/1397485/revenue-medical-technology-market-brazil/
Statista, Revenue in the medical technology market in Brazil from 2018 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1397485/revenue-medical-technology-market-brazil/ (last visited August 24, 2024)
Revenue in the medical technology market in Brazil from 2018 to 2029 (in billion U.S. dollars) [Graph], Statista, May 23, 2024. [Online]. Available: https://www.statista.com/statistics/1397485/revenue-medical-technology-market-brazil/