Latin America Branched Stent Grafts Market Size & Outlook
Latin America branched stent grafts market, 2021-2028 (US$M)
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Latin America branched stent grafts market highlights
- The Latin America branched stent grafts market generated a revenue of USD 13.1 million in 2021.
- The market is expected to grow at a CAGR of 4.8% from 2022 to 2028.
- In terms of segment, iliac stent was the largest revenue generating type in 2021.
- Iliac Stent 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 2022 to 2028.
Latin America data book summary
| Market revenue in 2021 | USD 13.1 million |
| Market revenue in 2028 | USD 18.2 million |
| Growth rate | 4.8% (CAGR from 2021 to 2028) |
| Largest segment | Iliac stent |
| Fastest growing segment | Iliac Stent |
| Historical data covered | 2021 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Iliac Stent |
| Key market players worldwide | Medtronic PLC, BIOTRONIK, Merit Medical Systems Inc, Abbott Laboratories, Cook Medical, Cardinal Health Inc, Boston Scientific Corp, Terumo Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.7% of the global branched stent grafts market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 103.8 million by 2028.
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Branched Stent Grafts Market Scope
Branched Stent Grafts Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America branched stent grafts 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 branched stent grafts market will help companies and investors design strategic landscapes.
Iliac stent was the largest segment with a revenue share of 38.17% in 2021. Horizon Databook has segmented the Latin America branched stent grafts market based on iliac stent covering the revenue growth of each sub-segment from 2021 to 2028.
The Latin America branched stent graft market is estimated to grow at a CAGR of 4.8% during the forecast period. The growth of the market can primarily be attributed to growing elderly population.
Healthcare systems in emerging countries of Latin America have been undergoing significant development since the last decade. Increase in healthcare expenditure is projected to help in the development of healthcare infrastructure, which is likely to promote the market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America branched stent grafts market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America branched stent grafts market from 2021 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America branched stent grafts market size, by country, 2021-2028 (US$M)
Latin America Branched Stent Grafts Market Outlook Share, 2021 & 2028 (US$M)
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