Latin America Capnography Devices Market Size & Outlook
Latin America capnography devices market, 2018-2030 (US$M)
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Latin America capnography devices market highlights
- The Latin America capnography devices market generated a revenue of USD 29.0 million in 2023.
- The market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
- In terms of segment, oem modules was the largest revenue generating component in 2023.
- OEM Modules is the most lucrative component 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 2023 | USD 29.0 million |
| Market revenue in 2030 | USD 57.5 million |
| Growth rate | 10.3% (CAGR from 2023 to 2030) |
| Largest segment | Oem modules |
| Fastest growing segment | OEM Modules |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OEM Modules |
| Key market players worldwide | Masimo Corp, Smiths Group PLC, Welch Allyn, Koninklijke Philips NV, Medtronic PLC, Nonin Medical, Nihon Kohden Corp, BD, DiaMedica Therapeutics Inc, ZOLL Medical Corporation, GE HealthCare Technologies Inc Common Stock, Hamilton Thorne Ltd, Hamilton Lane Inc Class A, Mindray Medical International, Schiller Healthcare, Avante Animal Health, Ekso Bionics Holdings Inc, BPL Medical Technologies, Burtons Medical Equipment, Criticare Technologies, Edan Instruments |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.3% of the global capnography devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 510.2 million by 2030.
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Capnography Devices Market Scope
Capnography Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America capnography 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 capnography devices market will help companies and investors design strategic landscapes.
Oem modules was the largest segment with a revenue share of 42.76% in 2023. Horizon Databook has segmented the Latin America capnography devices market based on oem modules covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the region is driven by factors such as increase in the prevalence of diseases including COPD & asthma, rise in disposal income, and increase in geriatric population, which is more susceptible to various respiratory illnesses.
According to Global Burden of Disease Study 2016, the percentage of deaths due to COPD has increased by 65% and mortality and morbidity rates associated with COPD are growing rapidly. Moreover, nearly 40 million people are affected with asthma.
Thus, growing incidence of respiratory diseases is boosting the demand for early diagnosis, which is expected to positively impact the sales of capnography devices.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America capnography devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America capnography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America capnography devices market size, by country, 2018-2030 (US$M)
Latin America Capnography Devices Market Outlook Share, 2023 & 2030 (US$M)
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