Latin America Continuous Peripheral Nerve Block Catheters Market Size & Outlook
Latin America continuous peripheral nerve block catheters market, 2018-2030 (US$M)
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Latin America continuous peripheral nerve block catheters market highlights
- The Latin America continuous peripheral nerve block catheters market generated a revenue of USD 17.6 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, ambulatory surgical centers was the largest revenue generating end use in 2023.
- Ambulatory Surgical Centers is the most lucrative end use segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 17.6 million |
| Market revenue in 2030 | USD 23.2 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Ambulatory surgical centers |
| Fastest growing segment | Ambulatory Surgical Centers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ambulatory Surgical Centers |
| Key market players worldwide | B. Braun, Teleflex Inc, Owens & Minor Inc, Pajunk, Epimed International, ACEMedical, Vygon |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global continuous peripheral nerve block catheters market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 23.2 million by 2030.
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Continuous Peripheral Nerve Block Catheters Market Scope
Continuous Peripheral Nerve Block Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America continuous peripheral nerve block catheters 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 continuous peripheral nerve block catheters market will help companies and investors design strategic landscapes.
Ambulatory surgical centers was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America continuous peripheral nerve block catheters market based on ambulatory surgical centers covering the revenue growth of each sub-segment from 2018 to 2030.
In Latin America, the use of regional anesthesia for orthopedic procedures and cPNB catheters has increased modestly over the years; however, incorporation of cPNB is low as ambulatory orthopedic surgeries are less frequently performed and audits on care delivery quality to ensure better postoperative pain management are rare.
Lack of proper guidelines for healthcare providers on usage of cPNB catheters in this region has resulted in an average adoption of continuous anesthetic infusion. . Higher percentage of knee replacement procedures are performed in this region in comparison with hip surgeries.
Increase in the number of joint replacement surgeries and amputations due to high prevalence of osteoarthritis & diabetes and rise in medical tourism is a major factor expected to drive adoption of cPNB catheters over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America continuous peripheral nerve block catheters market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America continuous peripheral nerve block catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America continuous peripheral nerve block catheters market
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