Latin America Congestive Heart Failure Treatment Devices Market Size & Outlook
Latin America congestive heart failure treatment devices market, 2018-2030 (US$M)
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Latin America congestive heart failure treatment devices market highlights
- The Latin America congestive heart failure treatment devices market generated a revenue of USD 2,169.9 million in 2023.
- The market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, ventricular assist devices was the largest revenue generating product in 2023.
- Ventricular assist devices is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 2,169.9 million |
| Market revenue in 2030 | USD 4,035.7 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Ventricular assist devices |
| Fastest growing segment | Ventricular assist devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ventricular assist devices |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, BIOTRONIK, Abbott Laboratories |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global congestive heart failure treatment devices 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 2,350.3 million by 2030.
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Congestive Heart Failure Treatment Devices Market Scope
Congestive Heart Failure Treatment Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America congestive heart failure treatment 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 congestive heart failure treatment devices market will help companies and investors design strategic landscapes.
Ventricular assist devices was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America congestive heart failure treatment devices market based on ventricular assist devices covering the revenue growth of each sub-segment from 2018 to 2030.
The market in Latin America is expected to show gainful growth over the forecast period. Increasing government & per capita health spending and continual initiatives being undertaken by the WHO & the government are expected to boost the market growth in Latin America.
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Our clientele includes a mix of congestive heart failure treatment devices 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 congestive heart failure treatment devices market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America congestive heart failure treatment devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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