Latin America Gastrointestinal Endoscopic Devices Market Size & Outlook
Latin America gastrointestinal endoscopic devices market, 2015-2027 (US$M)
Related Markets
Latin America gastrointestinal endoscopic devices market highlights
- The Latin America gastrointestinal endoscopic devices market generated a revenue of USD 627.6 million in 2020.
- The market is expected to grow at a CAGR of 7.3% from 2021 to 2027.
- In terms of segment, endoscopy visualization systems market was the largest revenue generating product in 2020.
- Endoscopes Market 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 2021 to 2027.
Latin America data book summary
| Market revenue in 2020 | USD 627.6 million |
| Market revenue in 2027 | USD 1,025.0 million |
| Growth rate | 7.3% (CAGR from 2020 to 2027) |
| Largest segment | Endoscopy visualization systems market |
| Fastest growing segment | Endoscopes Market |
| Historical data covered | 2015 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Endoscopes Market, Endoscopy Visualization Systems Market, Endoscopy Visualization Components Market, Operative Devices Market |
| Key market players worldwide | Stryker Corp, Boston Scientific Corp, Johnson & Johnson, FUJIFILM Holdings Corp, Conmed Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.2% of the global gastrointestinal endoscopic 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 8,293.0 million by 2027.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Gastrointestinal Endoscopic Devices Market Scope
Gastrointestinal Endoscopic Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America gastrointestinal endoscopic 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 gastrointestinal endoscopic devices market will help companies and investors design strategic landscapes.
Endoscopy visualization systems market was the largest segment with a revenue share of 42.56% in 2020. Horizon Databook has segmented the Latin America gastrointestinal endoscopic devices market based on endoscopes market, endoscopy visualization systems market, endoscopy visualization components market, operative devices market covering the revenue growth of each sub-segment from 2015 to 2027.
Latin America gastrointestinal endoscopy devices market is driven by presence of players such as Endoscopy Solution Corp., Karl Storz Endoscopic Latino-America, Inc., Olympus Corporation, PENTAX Medical, and Vimex Endoscopy, along with increasing investments by hospitals in endoscopes.
Moreover, growing preference for minimally invasive surgeries over open surgeries and increasing awareness about the use of endoscopy for various diagnostic & therapeutic procedures are expected to drive the market growth.
This region offers lucrative growth opportunities for medical device industry. Distribution network of medical devices industry in Latin America is highly fragmented, with presence of multiple small distributing companies, providing easy accessibility to gastrointestinal endoscopy devices.
Reasons to subscribe to Latin America gastrointestinal endoscopic devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America gastrointestinal endoscopic devices market databook
-
Our clientele includes a mix of gastrointestinal endoscopic devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 gastrointestinal endoscopic devices market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America gastrointestinal endoscopic devices market from 2015 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America gastrointestinal endoscopic devices market size, by country, 2015-2027 (US$M)
Latin America Gastrointestinal Endoscopic Devices Market Share, 2020 & 2027 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
