Latin America Laparoscopic Gynecological Procedures Market Size & Outlook
Latin America laparoscopic gynecological procedures market, 2018-2030 (US$M)
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Latin America laparoscopic gynecological procedures market highlights
- The Latin America laparoscopic gynecological procedures market generated a revenue of USD 1,986.1 million in 2022.
- The market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, laparoscopic hysterectomy was the largest revenue generating procedure in 2022.
- Laparoscopic Myomectomy is the most lucrative procedure segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,986.1 million |
| Market revenue in 2030 | USD 3,529.1 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Laparoscopic hysterectomy |
| Fastest growing segment | Laparoscopic Myomectomy |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laparoscopic Hysterectomy, Laparoscopic Myomectomy, Laparoscopic Colpopexy (Sacrocolpopexy, Sacrocervicopexy, etc.), Laparoscopic Endometrial Excision, Laparoscopic Adnexal (Oophorectomy, SalpingoOophorectomy, etc.), Laparoscopic Diagnostic Procedures (Requiring Chromopertubation) |
| Key market players worldwide | Medtronic PLC, Stryker Corp, Karl Storz, Johnson & Johnson, Olympus Corp, Conmed Corp, B. Braun, The Cooper Companies Inc, Richard Wolf, Microlife Corp, Intuitive Surgical Inc, shenzhen mindray automation equipment co., Welfare Medical |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.2% of the global laparoscopic gynecological procedures market in 2022.
- Globally, North America 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 9,759.1 million by 2030.
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Laparoscopic Gynecological Procedures Market Scope
Laparoscopic Gynecological Procedures Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America laparoscopic gynecological procedures 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 laparoscopic gynecological procedures market will help companies and investors design strategic landscapes.
Laparoscopic hysterectomy was the largest segment with a revenue share of 48.17% in 2022. Horizon Databook has segmented the Latin America laparoscopic gynecological procedures market based on laparoscopic hysterectomy, laparoscopic myomectomy, laparoscopic colpopexy (sacrocolpopexy, sacrocervicopexy, etc.), laparoscopic endometrial excision, laparoscopic adnexal (oophorectomy, salpingooophorectomy, etc.), laparoscopic diagnostic procedures (requiring chromopertubation) covering the revenue growth of each sub-segment from 2018 to 2030.
Key regions in the Latin American market are Brazil, Mexico, and Argentina. The market is anticipated to grow at a 6.94% rate during the forecast period. Geographical proximity to the U.S., increasing medical tourism from North America due to affordable healthcare facilities, increasing prevalence of chronic diseases, and growing availability of new technologies are some of the major factors impelling regional market growth.
Geriatric population is more susceptible to diseases such as colon cancer, rectum cancer, and bladder cancer. Thus, increasing incidence of chronic diseases, growing geriatric population, and rising investments in R&D by key market players are expected to drive market growth in this region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America laparoscopic gynecological procedures market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America laparoscopic gynecological procedures market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America laparoscopic gynecological procedures market size, by country, 2018-2030 (US$M)
Latin America Laparoscopic Gynecological Procedures Market Share, 2022 & 2030 (US$M)
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