Latin America Surgical Robots Market Size & Outlook
Latin America surgical robots market, 2018-2030 (US$M)
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Latin America surgical robots market highlights
- The Latin America surgical robots market generated a revenue of USD 292.9 million in 2024.
- The market is expected to grow at a CAGR of 9.9% from 2025 to 2030.
- In terms of segment, gynecology was the largest revenue generating type in 2024.
- Neurology is the most lucrative type 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 292.9 million |
| Market revenue in 2030 | USD 518.9 million |
| Growth rate | 9.9% (CAGR from 2025 to 2030) |
| Largest segment | Gynecology |
| Fastest growing segment | Neurology |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Orthopedics, Neurology, Urology, Gynecology |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.8% of the global surgical robots 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 2,068.6 million by 2030.
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Surgical Robots Market Scope
Surgical Robots Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America surgical robots 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 surgical robots market will help companies and investors design strategic landscapes.
Gynecology was the largest segment with a revenue share of 19.84% in 2024. Horizon Databook has segmented the Latin America surgical robots market based on orthopedics, neurology, urology, gynecology covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America’s economy is primarily supported by Brazil, Mexico, and Venezuela. Its healthcare industry is not very well developed, but there have been constant efforts to improve healthcare access and treatment levels. Growing prevalence of chronic diseases, easy availability of newer technologies & robots, and increasing prevalence of osteoporosis are among factors driving market growth in this region.
For instance, according to International Osteoporosis Foundation, in Latin America, economic burden of hip fractures would cost USD 13 billion by 2050. Increasing adoption of minimally invasive surgeries to reduce the risk of infection and promote rapid healing is expected to boost market growth in this region.
Currently, Latin America surgical robots market is expected to grow at a faster rate owing to growing popularity of minimally invasive surgeries. Moreover, benefits of these surgeries, such as lower risk of complications and lesser costs, are positively influencing the adoption rate of these systems in this region.
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Our clientele includes a mix of surgical robots market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America surgical robots market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America surgical robots market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America surgical robots market size, by country, 2018-2030 (US$M)
Latin America Surgical Robots Market Outlook Share, 2024 & 2030 (US$M)
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