Latin America Anastomosis Devices Market Size & Outlook
Latin America anastomosis devices market, 2018-2030 (US$M)
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Latin America anastomosis devices market highlights
- The Latin America anastomosis devices market generated a revenue of USD 331.5 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, disposable was the largest revenue generating product in 2023.
- Reusable is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 331.5 million |
| Market revenue in 2030 | USD 495.2 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Disposable |
| Fastest growing segment | Reusable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Disposable, Reusable |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Getinge AB Class B, Baxter International Inc, Mizuho Financial Group Inc, Péters Surgical, Carponovum, Vascular Graft Solutions, Medline Industries, Seger Surgical Solutions |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.3% of the global anastomosis devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 274.6 million by 2030.
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Anastomosis Devices Market Scope
Anastomosis Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America anastomosis 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 anastomosis devices market will help companies and investors design strategic landscapes.
Disposable was the largest segment with a revenue share of 88.45% in 2023. Horizon Databook has segmented the Latin America anastomosis devices market based on disposable, reusable covering the revenue growth of each sub-segment from 2018 to 2030.
Latin American anastomosis devices market captured 5.6% share of the global market and is expected to exhibit an upward shift over the forecast period. Increasing prevalence of work and lifestyle-associated diseases coupled with growth in healthcare infrastructure is likely to fuel the market growth in coming years.
The CVD mortality rate in countries such as Chile, Argentina, and Brazil is decreasing, whereas it is increasing in rest of the countries. Brazil and Mexico are key countries in the Latin American region. Latin America, owing to rapid economic development witnessed in Mexico, is expected to dominate the regional market during the forecast period.
Availability of advanced healthcare treatments at lower costs as compared to North America and Europe is boosting medical tourism in Brazil and Mexico, thereby contributing toward further market growth.
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Our clientele includes a mix of anastomosis devices 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 anastomosis devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America anastomosis devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America anastomosis devices market size, by country, 2018-2030 (US$M)
Latin America Anastomosis Devices Market Outlook Share, 2023 & 2030 (US$M)
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