Latin America Direct Energy Medical Devices Market Size & Outlook
Latin America direct energy medical devices market, 2016-2027 (US$M)
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Latin America direct energy medical devices market highlights
- The Latin America direct energy medical devices market generated a revenue of USD 149.0 million in 2020.
- The market is expected to grow at a CAGR of 5.1% from 2021 to 2027.
- In terms of segment, radio frequency was the largest revenue generating type in 2020.
- Microwave is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2027.
Latin America data book summary
| Market revenue in 2020 | USD 149.0 million |
| Market revenue in 2027 | USD 211.1 million |
| Growth rate | 5.1% (CAGR from 2020 to 2027) |
| Largest segment | Radio frequency |
| Fastest growing segment | Microwave |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiation, Radio Frequency, Ultrasound, Microwave |
| Key market players worldwide | Medtronic PLC, Conmed Corp, Boston Scientific Corp, Stryker Corp, Olympus Corp, B. Braun, Karl Storz |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.2% of the global direct energy medical devices market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 271.2 million by 2027.
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Direct Energy Medical Devices Market Scope
Direct Energy Medical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America direct energy medical 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 direct energy medical devices market will help companies and investors design strategic landscapes.
Radio frequency was the largest segment with a revenue share of 23.96% in 2020. Horizon Databook has segmented the Latin America direct energy medical devices market based on radiation, radio frequency, ultrasound, microwave covering the revenue growth of each sub-segment from 2016 to 2027.
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Target buyers of Latin America direct energy medical devices market databook
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Our clientele includes a mix of direct energy medical devices 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 direct energy medical devices market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America direct energy medical devices market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America direct energy medical devices market size, by country, 2016-2027 (US$M)
Latin America Direct Energy Medical Devices Market Share, 2020 & 2027 (US$M)
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