Latin America Atherectomy Devices Market Size & Outlook
Latin America atherectomy devices market, 2015-2026 (US$M)
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Latin America atherectomy devices market highlights
- The Latin America atherectomy devices market generated a revenue of USD 6.1 million in 2019.
- The market is expected to grow at a CAGR of 7.2% from 2020 to 2026.
- In terms of segment, directional atherectomy was the largest revenue generating type in 2019.
- Laser atherectomy 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 2020 to 2026.
Latin America data book summary
| Market revenue in 2019 | USD 6.1 million |
| Market revenue in 2026 | USD 9.9 million |
| Growth rate | 7.2% (CAGR from 2019 to 2026) |
| Largest segment | Directional atherectomy |
| Fastest growing segment | Laser atherectomy |
| Historical data covered | 2015 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2026 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Directional atherectomy, Rotational atherectomy, Orbital atherectomy, Laser atherectomy |
| Key market players worldwide | Boston Scientific Corp, Medtronic PLC, Koninklijke Philips NV, BD, Abbott Laboratories, Avinger Inc, Cardiovascular Systems, Cardinal Health Inc, Terumo Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.0% of the global atherectomy devices market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2026.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 88.5 million by 2026.
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Atherectomy Devices Market Scope
Atherectomy Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America atherectomy 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 atherectomy devices market will help companies and investors design strategic landscapes.
Directional atherectomy was the largest segment with a revenue share of 36.07% in 2019. Horizon Databook has segmented the Latin America atherectomy devices market based on directional atherectomy, rotational atherectomy, orbital atherectomy, laser atherectomy covering the revenue growth of each sub-segment from 2015 to 2026.
Latin America is considered to be aging according to the standards defined by WHO. The changing dietary habits and increasing life expectancy has resulted in an epidemiologic transition. The rising cardiovascular diseases is out of proportion to the available infrastructure and care.
These health conditions are anticipated to be the next health epidemic of the underserved population. Latin America accounted for almost 14 million people suffering from PAD in the year 2010. Medical tourism is a big part of the atherectomy procedures in the region.
There are many hospitals in the region providing their services at prices as low as USD 12,000. With improving healthcare conditions, it is expected to exhibit potential for expansion of atherectomy devices market over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America atherectomy devices market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America atherectomy devices market from 2015 to 2026, including revenue numbers, major trends, and company profiles.
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Latin America atherectomy device market size, by country, 2015-2026 (US$M)
Latin America Atherectomy Devices Market Share, 2019 & 2026 (US$M)
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