Neuromonitoring devices segment would grow fastest in Brazil patient monitoring market during 2015-2020

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According to a report published by Research and Markets, the neuromonitoring devices segment of the total patient monitoring devices market in Brazil is estimated to report the fastest pace of growth over 2015-2020. The report classifies the Brazilian ultrasound market into the diagnostic and therapeutic categories based on technology. The diagnostic ultrasound market is expected to capture the largest share of the Brazil ultrasound market in 2015. Rising use of ultrasound in diagnostic applications in the obstetrics and gynecological areas is the driving factor for the growth of the nation’s market. Availability of compact, portable and handheld ultrasound devices make diagnostic procedures easy. The rising demand for such ultrasound devices is also contributing to the growth of the regional ultrasound market. Rise in the number of patients suffering from chronic cardiac ailments makes the cardiology segment the fastest-growing market during the forecast period. Similarly, the report classifies the Brazilian defibrillators market into implantable cardioverter defibrillators (ICDs) and external defibrillators. Availability of innovative research-based products and increasing levels of awareness through public defibrillation programs are driving the market for external defibrillators in Brazil. In case of the MRI market, the brain and neurological MRI application segment is estimated to capture the largest share of the Brazilian MRI systems market. GE Healthcare, Philips Healthcare, Medtronic and Siemens Healthcare are the major players of the aforementioned markets in Brazil.

 

(Image Courtesy: Neurotechnics)

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