Market Trends of Brazil Computed Tomography Industry
This section covers the major market trends shaping the Brazil Computed Tomography Market according to our research experts:
Oncology Segment is Expected to Hold a Significant Market Share Over the Forecast Period
Some of the factors influencing this market's expansion in Brazil include the increasing prevalence of cancer illnesses and studies on the use of computed tomography to diagnose cancer cases. According to Globocan 2020, Brazil had 592,212 new cancer cases in 2020 and this number is expected to increase to 994,823 cancer cases by 2040. The country's use of CT scanners, which are used to diagnose many types of cancer, would be influenced by the anticipated increase in cancer cases. As a result, it is anticipated that the market under study will expand significantly during the next years. Many research studies are also taking place in Brazil that involves the use of computed tomography for cancer diagnosis. For instance, Arie Carneiro et al. and others published an article in the JCO Global Oncology Journal in April 2021 with the title "Consensus on Screening, Diagnosis, and Staging Tools for Prostate Cancer in Developing Countries: A Report From the First Prostate Cancer Consensus Conference for Developing Countries (PCCCDC)". According to the Brazilian researchers, their document will be used as a guide when performing CT scans for the diagnosis of prostate cancer because there are currently no guidelines for the screening, diagnosis, and staging of the disease in developing nations.
Hence, the above factors and research studies are further expected to improve the market growth in this segment.
