Technological advancement to drive growth of Brazilian patient monitoring market
According to a report released by MicroMarketMonitor, the Brazilian patient monitoring market is segmented into product and end user. Based on the product, the market is subsegmented into hemodynamic, neuro monitoring, cardiac monitoring, respiratory, fetal and neonatal, multi-parameter, remote patient monitor, temperature monitor, and weight management monitor. The neuro monitoring devices market is expected to be the fastest-growing segment in the Brazil patient monitoring market during the forecast period. The Brazil ultrasound market is segmented into diagnostic ultrasound and therapeutic ultrasound of which, the diagnostic ultrasound segment is expected to account for the larger share in 2015. The increasing use of ultrasound technology for obstetrics and gynecological applications in the country is driving the market for this segment. The compact/handheld ultrasound devices segment is expected to grow at the highest rate during the forecast period. By application, the cardiology segment is expected to be the fastest-growing market during the forecast period. The Brazil defibrillators market classified into implantable cardioverter defibrillators (ICDs) and external defibrillators. The external defibrillators segment is expected to grow at the highest rate in forecast period. Technological advancements in these devices and the increasing number of public defibrillation programs are driving the market for external defibrillators. The closed MRI systems segment is expected to account for the largest share of the MRI systems market, by architecture. Based on field strength, high-field MRI systems are expected to account for the largest market share.