Latin America Catheter Market Size & Outlook, 2022-2030
Latin America catheter market, 2018-2030 (US$M)
Related Markets
Latin America catheter market highlights
- The Latin America catheter market generated a revenue of USD 5,639.6 million in 2022.
- The market is expected to grow at a CAGR of 6.4% from 2023 to 2030.
- In terms of segment, specialty catheters was the largest revenue generating product in 2022.
- Specialty Catheters 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 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 5,639.6 million |
| Market revenue in 2030 | USD 9,233.8 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Specialty catheters |
| Fastest growing segment | Specialty Catheters |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters |
| Key market players worldwide | Hollister, Medtronic PLC, Boston Scientific Corp, Edwards Lifesciences Corp, Smiths Group PLC, Teleflex Inc, ConvaTec Group PLC, Cure Medical |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.0% of the global catheter market in 2022.
- 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 20,259.2 million by 2030.
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Catheter Market Scope
Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America catheter 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 catheter market will help companies and investors design strategic landscapes.
Specialty catheters was the largest segment with a revenue share of 29.22% in 2022. Horizon Databook has segmented the Latin America catheter market based on cardiovascular catheters, urology catheters, intravenous catheters, neurovascular catheters, specialty catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is expected to witness the highest growth over the forecast period. This can be attributed to large target population suffering from cardiac problems and availability of insurance policies. Cardiovascular disease is one of the leading causes of death among the Latin American countries.
According to WHO, death rate of cardiovascular diseases is likely to increase by more than 60%, from 2000 to 2020. Moreover, favorable government initiatives such as health insurance programs also expected to boost market growth in the region.
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Target buyers of Latin America catheter market databook
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Our clientele includes a mix of catheter 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America catheter market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America catheter market size, by country, 2018-2030 (US$M)
Latin America Catheter Market Outlook Share, 2022 & 2030 (US$M)
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