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South America Pediatric MRI Market Forecast to 2028 - Regional Analysis - by Type (Functional Brain MRI, Cardiac MRI, 4D MRI, and Others), Application (Neurology, Orthopedics, Cardiology, Oncology, and Others), Product Type [Equipment and Coil Design (Pediatric Head/Neck/Spine MRI Coil, Interchangeable Pediatric Brain Coil, Pediatric Blanket Coil, and Others)], Age Group [Adolescent (11-18 Years), Child (2-11 Years), Infants and Toddlers (28 Days-23 Months), Neonatal Stage (0-27 Days), and Fetal Stage], and End User (Hospitals, Pediatric Clinics, Diagnostic Centers, and Others)
Market Report I 2023-10-16 I 147 Pages I The Insight Partners
The South America pediatric MRI market was valued at US$ 155.62 million in 2022 and is expected to reach US$ 229.57 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2022 to 2028.
Rising cases of traumatic injuries and bone defects in children fueling the South America Pediatric MRI Market
The rising prevalence of traumatic injuries and bone defects in children has heightened the importance of pediatric MRI as valuable diagnostic and monitoring tool in pediatric healthcare. Traumatic injuries, such as fractures, dislocations, and ligament tears, are common occurrences in childhood due to active plat, sports, and everyday accidents. Pediatric MRI players a pivotal role in the accurate evaluation of these injuries. Unlike X-rays, which provide limited soft tissue information, MRI offers detailed images of both bones and the surrounding soft tissues. This is essential for comprehensive assessment, aiding in the diagnosis and determining the extent of injuries, which can be subtle in children. Furthermore, pediatric MRI is invaluable in assessing and monitoring bone defects. Congenital bone conditions, development disorders, and abnormalities can significantly impact a child's musculoskeletal system. MRI enables clinicians to examine these conditions in a non-invasive manner. It's particularly vital for identifying growth plate injuries in children, which can have long-term implications for bone development. Additionally, pediatric MRI is instrumental in post-injury or post-operative monitoring. It helps healthcare providers assess the healing process and recovery, ensuring that the bones and soft tissues are regenerating correctly. The non-invasive nature of MRI is particularly advantageous in pediatrics, as it minimizes the need for repeated invasive procedures.
South America Pediatric MRI Market Overview
South America region for the estimating the market for the pediatric MRI consist of countries such as Brazil, Argentina, and the Rest of South America. The region held smallest portion of the market in the global analysis. The market is likely to propel owing to the recent technological developments which have made a direct impact on the economy of Brazil that has advanced to a large extent. The cost savings advantage and higher work efficiencies achieved are cited as the major attracting points for manufacturing companies to establish bases in South America.
South America Pediatric MRI Market Revenue and Forecast to 2028 (US$ Million)
South America Pediatric MRI Market Segmentation
The South America pediatric MRI market is segmented based on type, application, product type, age group, end user, and country. Based on type, the South America pediatric MRI market is segmented into functional brain MRI, cardiac MRI, 4D MRI, and others. The functional brain MRI segment held the largest market share in 2022.
Based on application, the South America pediatric MRI market is segmented into neurology, orthopedics, cardiology, oncology, and others. The neurology segment held the largest market share in 2022.
Based on product type, the South America pediatric MRI market is bifurcated into equipment and coil design. The equipment segment held a larger market share in 2022.
Based on age group, the South America pediatric MRI market is segmented into adolescent (11-18 Years), child (2-11 Years), infants and toddlers (28 Days-23 Months), neonatal stage (0-27 Days), and fetal stage. The adolescent (11-18 Years) segment held the largest market share in 2022.
Based on end user, the South America pediatric MRI market is segmented into hospitals, pediatric clinics, diagnostic centers, and others. The hospitals segment held the largest market share in 2022.
Based on country, the South America pediatric MRI market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the South America pediatric MRI market share in 2022.
GE HealthCare Technologies Inc; Koninklijke Philips NV; LMT Medical Systems GmbH; and Siemens Healthineers AG are the some of the leading players operating in the South America pediatric MRI market.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South America Pediatric MRI Market - By Type
1.3.2 South America Pediatric MRI Market - By Application
1.3.3 South America Pediatric MRI Market - By Product Type
1.3.4 South America Pediatric MRI Market - By Age Group
1.3.5 South America Pediatric MRI Market - By End User
1.3.6 South America Pediatric MRI Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South America Pediatric MRI Market- Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 South America (SAM) - PEST Analysis
4.3 Experts Opinion
5. South America Pediatric MRI Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 The Rising Number of Premature Births, and Pediatric Diseases
5.1.2 Adoption of Digital Health Technology to Improve Patient Care
5.2 Market Restraints
5.2.1 Limitations and Safety Challenges Associated with Pediatric MRI
5.3 Market Opportunities
5.3.1 Increasing Campaigns to Create Awareness Regarding Pediatric Safety
5.4 Future Trends
5.4.1 Use of MRI Simulators to Adapt Children to MRI Scanners
5.5 Impact Analysis
6. Pediatric MRI Market- South America Analysis
6.1 South America Pediatric MRI Market Revenue Forecast and Analysis
7. South America Pediatric MRI Market - Revenue and Forecast to 2028 - by Type
7.1 Overview
7.2 Pediatric MRI Market Revenue Share, by Type (2022 and 2028)
7.3 Functional Brain MRI (fMRI)
7.3.1 Overview
7.3.2 Functional Brain MRI (fMRI): Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Cardiac MRI
7.4.1 Overview
7.4.2 Cardiac MRI: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
7.5 4D MRI
7.5.1 Overview
7.5.2 4D MRI: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8. South America Pediatric MRI Market - Revenue and Forecast to 2028- By Application
8.1 Overview
8.2 Pediatric MRI Market Revenue Share, by Application (2022 and 2028)
8.3 Neurology
8.3.1 Overview
8.3.2 Neurology: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Orthopedics
8.4.1 Overview
8.4.2 Orthopedics: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Cardiology
8.5.1 Overview
8.5.2 Cardiology: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Oncology
8.6.1 Overview
8.6.2 Oncology: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9. South America Pediatric MRI Market - Revenue and Forecast to 2028- By Product Type
9.1 Overview
9.2 Pediatric MRI Market Revenue Share, by Product Type (2022 and 2028)
9.3 Equipment
9.3.1 Overview
9.3.2 Equipment: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Coil Design
9.4.1 Overview
9.4.2 Coil Design: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4.3 Pediatric Head/Neck/Spine (HNS) MRI Coil
9.4.3.1 Overview
9.4.3.2 Pediatric Head/Neck/Spine (HNS) MRI Coil: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4.4 Pediatric Blanket Coil
9.4.4.1 Overview
9.4.4.2 Pediatric Blanket Coil: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4.5 Interchangeable Pediatric Brain Coil Set
9.4.5.1 Overview
9.4.5.2 Specifications of the Three Types of Interchangeable Pediatric Brain Coils
9.4.5.3 Interchangeable Pediatric Brain Coil Set: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
9.4.6 Others
9.4.6.1 Overview
9.4.6.2 Others: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
10. South America Pediatric MRI Market - Revenue and Forecast to 2028- By Age Group
10.1 Overview
10.2 Pediatric MRI Market Share, by Age Group, 2022 and 2028, (%)
10.3 Fetal Stage
10.3.1 Overview
10.3.2 Fetal Stage: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Neonatal Stage (0-27 Days)
10.4.1 Overview
10.4.2 Neonatal Stage: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Infant and Toddler (28 Days To 23 Months)
10.5.1 Overview
10.5.2 Infant and Toddler: Pediatric MRI Market- Revenue and Forecast to 2028 (US$ Million)
10.6 Child (2-11 Years)
10.6.1 Overview
10.6.2 Child: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
10.7 Adolescents (12 To 18 Years)
10.7.1 Overview
10.7.2 Adolescents: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
11. South America Pediatric MRI Market - Revenue and Forecast to 2028- By End User
11.1 Overview
11.2 Pediatric MRI Market Share, by End User, 2022 and 2028, (%)
11.3 Hospitals
11.3.1 Overview
11.3.2 Hospitals: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
11.4 Pediatric Clinics
11.4.1 Overview
11.4.2 Pediatric Clinics: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
11.5 Diagnostic Centres
11.5.1 Overview
11.5.2 Diagnostic Centres: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
11.6 Others
11.6.1 Overview
11.6.2 Others: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
12. South America Pediatric MRI Market - Revenue and Forecast to 2028 - by Country Analysis
12.1 South America Pediatric MRI Market
12.1.1 Overview
12.1.2 South America: Pediatric MRI Market Share by Country - 2022 & 2028, (%)
12.1.2.1 Brazil: Pediatric MRI Market- Revenue and Forecasts To 2028 (US$ Million)
12.1.2.1.1 Overview
12.1.2.1.2 Brazil: Pediatric MRI Market, Number of Anatomy Scans
12.1.2.1.3 Brazil: Pediatric MRI Market- Revenue and Forecasts To 2028 (US$ Million)
12.1.2.1.4 Brazil: Pediatric MRI Market, By Type - 2020-2028 (US$ Million)
12.1.2.1.5 Brazil: Pediatric MRI Market, By Application - 2020-2028 (US$ Million)
12.1.2.1.6 Brazil: Pediatric MRI Market, By Product Type- 2020-2028 (US$ Million)
12.1.2.1.6.1 Brazil: Pediatric MRI Market, By Coil Design - 2020-2028 (US$ Million)
12.1.2.1.7 Brazil: Pediatric MRI Market, By Age Group - 2020-2028 (US$ Million)
12.1.2.1.8 Brazil: Pediatric MRI Market, By End User - 2020-2028 (US$ Million)
12.1.2.2 Argentina: Pediatric MRI Market- Revenue and Forecasts To 2028 (US$ Million)
12.1.2.2.1 Overview
12.1.2.2.2 Argentina: Pediatric MRI Market, Number of Anatomy Scans
12.1.2.2.3 Argentina: Pediatric MRI Market- Revenue and Forecasts To 2028 (US$ Million)
12.1.2.2.4 Argentina: Pediatric MRI Market, By Type - 2020-2028 (US$ Million)
12.1.2.2.5 Argentina: Pediatric MRI Market, By Application - 2020-2028 (US$ Million)
12.1.2.2.6 Argentina: Pediatric MRI Market, By Product Type- 2020-2028 (US$ Million)
12.1.2.2.6.1 Argentina: Pediatric MRI Market, By Coil Design - 2020-2028 (US$ Million)
12.1.2.2.7 Argentina: Pediatric MRI Market, By Age Group - 2020-2028 (US$ Million)
12.1.2.2.8 Argentina: Pediatric MRI Market, By End User - 2020-2028 (US$ Million)
12.1.2.3 Rest of South America: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
12.1.2.3.1 Overview
12.1.2.3.2 Rest of South America: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
12.1.2.3.3 Rest of South America: Pediatric MRI Market, By Type - 2020-2028 (US$ Million)
12.1.2.3.4 Rest of South America: Pediatric MRI Market, By Application - 2020-2028 (US$ Million)
12.1.2.3.5 Rest of South America: Pediatric MRI Market, By Product Type- 2020-2028 (US$ Million)
12.1.2.3.5.1 Rest of South America: Pediatric MRI Market, By Coil Design - 2020-2028 (US$ Million)
12.1.2.3.6 Rest of South America: Pediatric MRI Market, By Age Group - 2020-2028 (US$ Million)
12.1.2.3.7 Rest of South America: Pediatric MRI Market, By End User - 2020-2028 (US$ Million)
13. South America Pediatric MRI Market-Industry Landscape
13.1 Overview
13.2 Growth Strategies in Pediatric MRI Market
13.3 Organic Growth Strategies
13.3.1 Overview
13.4 Inorganic Growth Strategies
13.4.1 Overview
14. Company Profiles
14.1 Siemens Healthineers AG
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 LMT Medical Systems GmbH
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Hyperfine Inc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 GE HealthCare Technologies Inc
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Koninklijke Philips NV
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary of Terms
LIST OF TABLES
Table 1. Specifications of the Three Types of Interchangeable Pediatric Brain Coils
Table 2. Brazil: Pediatric MRI Market, Number of Anatomy Scans (Units)
Table 3. Brazil Pediatric MRI Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil Pediatric MRI Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil Pediatric MRI Market, By Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Brazil Pediatric MRI Market, By Coil Design - Revenue and Forecast to 2028 (US$ Million)
Table 7. Brazil Pediatric MRI Market, By Age Group - Revenue and Forecast to 2028 (US$ Million)
Table 8. Brazil Pediatric MRI Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina: Pediatric MRI Market, Number of Anatomy Scans (Units)
Table 10. Argentina Pediatric MRI Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Argentina Pediatric MRI Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 12. Argentina Pediatric MRI Market, By Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 13. Argentina Pediatric MRI Market, By Coil Design - Revenue and Forecast to 2028 (US$ Million)
Table 14. Argentina Pediatric MRI Market, By Age Group - Revenue and Forecast to 2028 (US$ Million)
Table 15. Argentina Pediatric MRI Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of South America Pediatric MRI Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of South America Pediatric MRI Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of South America Pediatric MRI Market, By Product Type - Revenue and Forecast to 2028 (US$ Million)
Table 19. South America Pediatric MRI Market, By Coil Design - Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of South America Pediatric MRI Market, By Age Group - Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of South America Pediatric MRI Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 22. Recent Organic Growth Strategies in Pediatric MRI Market
Table 23. Recent Inorganic Growth Strategies in the Pediatric MRI Market
Table 24. Glossary of Terms
LIST OF FIGURES
Figure 1. South America Pediatric MRI Market Segmentation
Figure 2. South America Pediatric MRI Market Segmentation, By Country
Figure 3. South America Pediatric MRI Market Overview
Figure 4. Functional brain MRI (fMRI) Segment Held the Largest Share of the Type Segment in Pediatric MRI Market
Figure 5. Brazil to Show Significant Growth During Forecast Period
Figure 6. South America (SAM) PEST Analysis
Figure 7. South America Expert Opinion
Figure 8. South America Pediatric MRI Market Impact Analysis of Drivers and Restraints
Figure 9. South America Pediatric MRI Market- Revenue Forecast and Analysis - 2020- 2028
Figure 10. South America Pediatric MRI Market Revenue Share, by Type (2022 and 2028)
Figure 11. Functional Brain MRI (fMRI): South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Cardiac MRI: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. 4D MRI: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. South America Pediatric MRI Market Revenue Share, by Application (2022 and 2028)
Figure 16. Neurology: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Orthopedics: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Cardiology: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Oncology: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. South America Pediatric MRI Market Revenue Share, by Product Type (2022 and 2028)
Figure 22. Equipment: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Coil Design: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Pediatric Head/Neck/Spine (HNS) MRI Coil: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Pediatric Blanket Coil: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Interchangeable Pediatric Brain Coil Set: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Others: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. South America Pediatric MRI Market Share, by Age Group, 2022 and 2028 (%)
Figure 29. Fetal Stage: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Neonatal Stage: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Infant and Toddler: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Child: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Adolescents: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. South America Pediatric MRI Market Share, by End User, 2022 and 2028 (%)
Figure 35. Hospitals: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. Pediatric Clinics: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. Diagnostic Centres: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 38. Others: South America Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 39. South America: Pediatric MRI Market, By Key Country - Revenue (2022) (US$ Million)
Figure 40. South America: Pediatric MRI Market Share by Country - 2022 & 2028, (%)
Figure 41. Brazil: Pediatric MRI Market- Revenue and Forecasts To 2028 (US$ Million)
Figure 42. Argentina: Pediatric MRI Market- Revenue and Forecasts To 2028 (US$ Million)
Figure 43. Rest of South America: Pediatric MRI Market - Revenue and Forecast to 2028 (US$ Million)
Figure 44. Growth Strategies in Pediatric MRI Market
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