Latin America Bioresorbable Vascular Scaffold Market Size & Outlook

The bioresorbable vascular scaffold market in Latin America is expected to reach a projected revenue of US$ 50.8 million by 2030. A compound annual growth rate of 8.1% is expected of Latin America bioresorbable vascular scaffold market from 2024 to 2030.
Revenue, 2023 (US$M)
$29.5
Forecast, 2030 (US$M)
$50.8
CAGR, 2024 - 2030
8.1%
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Latin America

Latin America bioresorbable vascular scaffold market, 2018-2030 (US$M)

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Latin America bioresorbable vascular scaffold market highlights

  • The Latin America bioresorbable vascular scaffold market generated a revenue of USD 29.5 million in 2023.
  • The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
  • In terms of segment, coronary artery was the largest revenue generating application in 2023.
  • Coronary artery is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 29.5 million
Market revenue in 2030USD 50.8 million
Growth rate8.1% (CAGR from 2023 to 2030)
Largest segmentCoronary artery
Fastest growing segmentCoronary artery
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCoronary artery, Peripheral artery
Key market players worldwideAbbott Laboratories, KYOTO MEDICAL PLANNING, BIOTRONIK, Elixir Medical, Becton Dickinson & Co, Teleflex Inc, B. Braun Medical, Medtronic PLC, Argon Medical Devices


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.4% of the global bioresorbable vascular scaffold market in 2023.
  • 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 163.8 million by 2030.

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Bioresorbable Vascular Scaffold Market Scope

Bioresorbable Vascular Scaffold Market Companies

Name Profile # Employees HQ Website

Latin America bioresorbable vascular scaffold 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 bioresorbable vascular scaffold market will help companies and investors design strategic landscapes.


Coronary artery was the largest segment with a revenue share of 84.75% in 2023. Horizon Databook has segmented the Latin America bioresorbable vascular scaffold market based on coronary artery, peripheral artery covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America bioresorbable vascular scaffold market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America bioresorbable vascular scaffold market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America bioresorbable vascular scaffold market size, by country, 2018-2030 (US$M)

Latin America Bioresorbable Vascular Scaffold Market Share, 2023 & 2030 (US$M)

Latin America bioresorbable vascular scaffold market size, by country, 2018-2030 (US$M)

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