Latin America Cardiac Resynchronization Therapy Market Size & Outlook
Latin America cardiac resynchronization therapy market, 2018-2030 (US$M)
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Latin America cardiac resynchronization therapy market highlights
- The Latin America cardiac resynchronization therapy market generated a revenue of USD 238.6 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, crt-defibrillator was the largest revenue generating product in 2023.
- CRT-Pacemaker is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 238.6 million |
| Market revenue in 2030 | USD 342.2 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Crt-defibrillator |
| Fastest growing segment | CRT-Pacemaker |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CRT-Defibrillator, CRT-Pacemaker |
| Key market players worldwide | Medtronic PLC, Abbott Laboratories, Boston Scientific Corp, BIOTRONIK, MicroPort Scientific Corp, LivaNova PLC |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.4% of the global cardiac resynchronization therapy 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 1,229.3 million by 2030.
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Cardiac Resynchronization Therapy Market Scope
Cardiac Resynchronization Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America cardiac resynchronization therapy 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 cardiac resynchronization therapy market will help companies and investors design strategic landscapes.
Crt-defibrillator was the largest segment with a revenue share of 56.5% in 2023. Horizon Databook has segmented the Latin America cardiac resynchronization therapy market based on crt-defibrillator, crt-pacemaker covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America’s market is estimated to grow at a lucrative rate over the forecast period. Some of the factors that can be attributed to its growth are increase in number of deaths due to CVDs and rise in adoption of sedentary lifestyle. This lifestyle as well as growing prevalence of obesity have propelled the incidence of several non-communicable diseases, including CVDs. These conditions are among the most common causes of cardiovascular-related mortality in Latin America. The market is divided into Brazil, Mexico, and Argentina.
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Our clientele includes a mix of cardiac resynchronization therapy 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 cardiac resynchronization therapy market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cardiac resynchronization therapy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cardiac resynchronization therapy market size, by country, 2018-2030 (US$M)
Latin America Cardiac Resynchronization Therapy Market Outlook Share, 2023 & 2030 (US$M)
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