Latin America Clinical Trial Imaging Market Size & Outlook
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Latin America clinical trial imaging market highlights
- The Latin America clinical trial imaging market generated a revenue of USD 40.2 million in 2024.
- The market is expected to grow at a CAGR of 7.9% from 2025 to 2030.
- In terms of segment, magnetic resonance imaging was the largest revenue generating modality in 2024.
- Magnetic Resonance Imaging is the most lucrative modality segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 40.2 million |
| Market revenue in 2030 | USD 63.1 million |
| Growth rate | 7.9% (CAGR from 2025 to 2030) |
| Largest segment | Magnetic resonance imaging |
| Fastest growing segment | Magnetic Resonance Imaging |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Computed Tomography Scan, Magnetic Resonance Imaging, X-Ray, Ultrasound, Optical Coherence Tomography (OCT), Other Modalities |
| Key market players worldwide | Ixico, Navitas Organics, Medpace Holdings Inc, Clario, BioTelemetry, ProScan Imaging, Cardiovascular Imaging Technologies, Intrinsic Imaging, Resonance Health |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.3% of the global clinical trial imaging market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 405.1 million by 2030.
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Clinical Trial Imaging Market Scope
Clinical Trial Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Resonance Health | View profile | 1-10 | Claremont, Western Australia, Australia, Oceania | http://resonancehealth.com |
| Intrinsic Imaging | View profile | 51-100 | Bolton, Massachusetts, United States, North America | http://www.intrinsicimaging.com |
| Cardiovascular Imaging Technologies | View profile | - | Kansas City, Missouri, United States, North America | https://www.cvit.com |
| ProScan Imaging | View profile | 251-500 | Cincinnati, Ohio, United States, North America | http://www.proscan.com/ |
| Clario | View profile | 5001-10000 | Philadelphia, Pennsylvania, United States, North America | https://clario.com/ |
| Ixico | View profile | 51-100 | London, England, United Kingdom, Europe | http://www.ixico.com |
| BioTelemetry | View profile | 1001-5000 | Malvern, Pennsylvania, United States, North America | https://www.gobio.com |
| Navitas Organics | View profile | 51-100 | Novato, California, United States, North America | https://navitasorganics.com/ |
| Medpace Holdings Inc | View profile | 5800 | 5375 Medpace Way, Cincinnati, OH, United States, 45227 | https://www.medpace.com |
Latin America clinical trial imaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to clinical trial imaging market will help companies and investors design strategic landscapes.
Magnetic resonance imaging was the largest segment with a revenue share of 27.86% in 2024. Horizon Databook has segmented the Latin America clinical trial imaging market based on computed tomography scan, magnetic resonance imaging, x-ray, ultrasound, optical coherence tomography (oct), other modalities covering the revenue growth of each sub-segment from 2018 to 2030.
Clinical research is increasing in Latin America and other emerging nations mainly due to cost effectiveness, presence of regulatory agencies for research, and good capability of patient recruitment & enrollment, and presence of developing economies in the region, which is boosting research capacity.
In addition, with increasing urbanization, the incidence of lifestyle-related diseases such as obesity, cardiovascular diseases, and diabetes is increasing.
Thus, Latin America is beginning to reflect the disease pattern similar to the U.S. and European countries. Hence, the number of clinical trials is expected to increase, thereby driving the market growth.
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Target buyers of Latin America clinical trial imaging market databook
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Our clientele includes a mix of clinical trial imaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America clinical trial imaging market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America clinical trial imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America clinical trial imaging market size, by country, 2018-2030 (US$M)
Latin America Clinical Trial Imaging Market Outlook Share, 2024 & 2030 (US$M)
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