Latin America Gastrointestinal Endoscopic Devices Market Size & Outlook
Latin America gastrointestinal endoscopic devices market, 2018-2030 (US$M)
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Latin America gastrointestinal endoscopic devices market highlights
- The Latin America gastrointestinal endoscopic devices market generated a revenue of USD 292.2 million in 2024.
- The market is expected to grow at a CAGR of 5.2% from 2025 to 2030.
- In terms of segment, flexible gastrointestinal endoscopes was the largest revenue generating product in 2024.
- Disposable Gastrointestinal Endoscopes is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 292.2 million |
| Market revenue in 2030 | USD 395.9 million |
| Growth rate | 5.2% (CAGR from 2025 to 2030) |
| Largest segment | Flexible gastrointestinal endoscopes |
| Fastest growing segment | Disposable Gastrointestinal Endoscopes |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid Gastrointestinal Endoscopes, Flexible Gastrointestinal Endoscopes, Disposable Gastrointestinal Endoscopes |
| Key market players worldwide | Stryker Corp, Boston Scientific Corp, Johnson & Johnson, FUJIFILM Holdings Corp, Conmed Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.6% of the global gastrointestinal endoscopic devices market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 6,168.8 million by 2030.
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Gastrointestinal Endoscopic Devices Market Scope
Gastrointestinal Endoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America gastrointestinal endoscopic devices 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 gastrointestinal endoscopic devices market will help companies and investors design strategic landscapes.
Flexible gastrointestinal endoscopes was the largest segment with a revenue share of 52.98% in 2024. Horizon Databook has segmented the Latin America gastrointestinal endoscopic devices market based on rigid gastrointestinal endoscopes, flexible gastrointestinal endoscopes, disposable gastrointestinal endoscopes covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America gastrointestinal endoscopy devices market is driven by presence of players such as Endoscopy Solution Corp., Karl Storz Endoscopic Latino-America, Inc., Olympus Corporation, PENTAX Medical, and Vimex Endoscopy, along with increasing investments by hospitals in endoscopes.
Moreover, growing preference for minimally invasive surgeries over open surgeries and increasing awareness about the use of endoscopy for various diagnostic & therapeutic procedures are expected to drive the market growth.
This region offers lucrative growth opportunities for medical device industry. Distribution network of medical devices industry in Latin America is highly fragmented, with presence of multiple small distributing companies, providing easy accessibility to gastrointestinal endoscopy devices.
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Target buyers of Latin America gastrointestinal endoscopic devices market databook
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Our clientele includes a mix of gastrointestinal endoscopic devices 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 gastrointestinal endoscopic devices market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America gastrointestinal endoscopic devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America gastrointestinal endoscopic devices market size, by country, 2018-2030 (US$M)
Latin America Gastrointestinal Endoscopic Devices Market Share, 2024 & 2030 (US$M)
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