Latin America Intracranial Aneurysm Market Size & Outlook
Latin America intracranial aneurysm market, 2018-2030 (US$M)
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Latin America intracranial aneurysm market highlights
- The Latin America intracranial aneurysm market generated a revenue of USD 196.8 million in 2024.
- The market is expected to grow at a CAGR of 5.6% from 2025 to 2030.
- In terms of segment, endovascular coiling was the largest revenue generating type in 2024.
- Flow Diverters 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 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 196.8 million |
| Market revenue in 2030 | USD 272.6 million |
| Growth rate | 5.6% (CAGR from 2024 to 2030) |
| Largest segment | Endovascular coiling |
| Fastest growing segment | Flow Diverters |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Clipping, Endovascular Coiling, Flow Diverters |
| Key market players worldwide | Medtronic PLC, Stryker Corp, MicroPort Scientific Corp, Johnson & Johnson, Terumo Corp, B. Braun Medical, Integra LifeSciences, Raumedic AG, Delta Surgical |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.6% of the global intracranial aneurysm market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 756.8 million by 2030.
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Intracranial Aneurysm Market Scope
Intracranial Aneurysm Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America intracranial aneurysm 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 intracranial aneurysm market will help companies and investors design strategic landscapes.
Endovascular coiling was the largest segment with a revenue share of 79.27% in 2024. Horizon Databook has segmented the Latin America intracranial aneurysm market based on surgical clipping, endovascular coiling, flow diverters covering the revenue growth of each sub-segment from 2018 to 2030.
Rapid technological advancements and a growing geriatric population are among the major factors likely to drive the market in Latin America. The geriatric population is more susceptible to neurological disorders, such as stroke, Alzheimer's disease, Parkinson's disease, and epilepsy.
According to the Latin American and Caribbean Demographic Centre (CELADE), the geriatric population in Latin America was 88.6 million in 2022, which represents 13.4% of the overall population and is expected to increase up to 16.5% by 2030.
Moreover, the growing healthcare expenditure in most Latin American countries has been providing opportunities for players in the global market. For instance, as per a National Library of Medicine report, Brazil’s healthcare expenditure as a proportion of GDP in 2022 was 9.6%, and that of Chile was 9.3%.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America intracranial aneurysm market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America intracranial aneurysm market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America intracranial aneurysm market size, by country, 2018-2030 (US$M)
Latin America Intracranial Aneurysm Market Outlook Share, 2024 & 2030 (US$M)
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