Latin America Cardiac Safety Services Market Size & Outlook
Latin America cardiac safety services market, 2018-2030 (US$M)
Latin America cardiac safety services market highlights
- The Latin America cardiac safety services market generated a revenue of USD 39.9 million in 2023.
- The market is expected to grow at a CAGR of 13.6% from 2024 to 2030.
- In terms of segment, ecg/holter monitors was the largest revenue generating service in 2023.
- ECG/Holter Monitors is the most lucrative service segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 39.9 million |
| Market revenue in 2030 | USD 97.4 million |
| Growth rate | 13.6% (CAGR from 2023 to 2030) |
| Largest segment | Ecg/holter monitors |
| Fastest growing segment | ECG/Holter Monitors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ECG/Holter Monitors |
| Key market players worldwide | Medpace Holdings Inc, IQVIA Holdings Inc, PPD, Charles River Laboratories International Inc, Wuxi AppTec Co Ltd, Eurofins Scientific SE, Celerion, Nova Research Laboratories, Koninklijke Philips NV, Icon PLC, SGS AG, Clarion Co., Certara Inc Ordinary Shares, Richmond National |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.6% of the global cardiac safety services market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 52.5 million by 2030.
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Cardiac Safety Services Market Scope
Cardiac Safety Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America cardiac safety services 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 safety services market will help companies and investors design strategic landscapes.
Ecg/holter monitors was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America cardiac safety services market based on ecg/holter monitors covering the revenue growth of each sub-segment from 2018 to 2030.
The cardiac safety services market in Latin America is expanding due to increasing cardiovascular disease prevalence and improving healthcare infrastructure. Cardiovascular diseases are a significant health concern in this region, with the Pan American Health Organization highlighting their impact on public health. This region is experiencing growth in cardiac safety services as healthcare providers invest in advanced diagnostic and monitoring technologies.
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Target buyers of Latin America cardiac safety services market databook
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Our clientele includes a mix of cardiac safety services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cardiac safety services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cardiac safety services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cardiac safety services market
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