Latin America near infrared imaging market is anticipated to grow at a CAGR around 6.6% during the forecast period. The Latin America region has the significant growth in the NIR imaging market owing to advancement in medical healthcare facilities which encourage the diagnostics of cardiovascular disease and cancers. Government support and involvement of WHO from the last two decades enable to promote awareness and promoted health coverage (Insurance) in low-middle income countries. The government in Latin America is continuously investing around 6.2% of their GDP in the healthcare sector. Breast cancer is the most common cancer and leading cause of cancer mortality in women of Latin America. The key driving factors for the growth of this market in Latin America include rise in the number of cancer cases and increasing of cardiovascular disease. Due to rise in the number of cases, there has been an increasing demand for highly effective fluorescence agents which in turn drives the market. Brazil has considerable contribution in global NIR imaging market due to rise in chronic disease in patients across the country. Obesity and overweight are the key factors which are responsible for chronic diseases such as CVD. The government of Brazil is promoting cardiology surgeries and creating awareness about life-threatening diseases such as CVD.
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Latin America near infrared imaging market is segmented on the basis of disease and technology. Based on disease, the market is segmented into cancer surgeries, gastrointestinal surgeries, cardiovascular surgeries and plastic surgeries. Based on technology, the market is segmented into fluorescence imaging and bioluminescence imaging.
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Latin America Near Infrared Imaging Market Segmentation
By Disease
- Cancer Surgeries
- Gastrointestinal Surgeries
- Cardiovascular Surgeries
- Plastic Surgeries
By Technology
- Fluorescence Imaging
- Fluorescence Reflectance Imaging (FRI)
- Tomographic Fluorescence Imaging
- Bioluminescence Imaging
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