Brazil Cerumen Removal Market Size & Outlook, 2023-2030
Brazil cerumen removal market, 2018-2030 (US$M)
Related Markets
Brazil cerumen removal market highlights
- The Brazil cerumen removal market generated a revenue of USD 59.9 million in 2023 and is expected to reach USD 99.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
Cerumen removal market data book summary
| Market revenue in 2023 | USD 59.9 million |
| Market revenue in 2030 | USD 99.0 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
| Key market players worldwide | Medline Industries, Henry Schein Inc, McKesson Corp, Cardinal Health Inc, Owens & Minor Inc, Cipla Ltd DR, GlaxoSmithKline, Open Text Corp, Eosera, Target |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.6% of the global cerumen removal market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cerumen removal market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 66.8 million by 2030.
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Cerumen Removal Market Scope
Cerumen Removal Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil cerumen removal 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 cerumen removal market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 88.48% in 2023. Horizon Databook has segmented the Brazil cerumen removal market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
Key factors expected to drive Brazil’s cerumen removal market include increasing prevalence of cerumen impaction. According to a population-based survey conducted in 2014, approximately 8.4% to 13.7% of the population suffered from cerumen impaction in the country.
In addition, the increasing incidence of hearing loss is contributing to market growth. As per a study published in International Archives of Otorhinolaryngology in 2019, around 5.1% of the Brazilian population reported suffering from hearing loss.
Increasing expenditure on healthcare is expected to boost the market. As per data published in 2022 by the International Trade Administration, healthcare market in Brazil is the largest in Latin America; the country spends 9.1% of its GDP on healthcare.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cerumen removal market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cerumen removal market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cerumen removal market size, by end use, 2018-2030 (US$M)
Brazil Cerumen Removal Market Outlook Share, 2023 & 2030 (US$M)
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