Latin America Medical Device Cleaning Market Size & Outlook
Latin America medical device cleaning market, 2018-2030 (US$M)
Related Markets
Latin America medical device cleaning market highlights
- The Latin America medical device cleaning market generated a revenue of USD 3,215.7 million in 2023.
- The market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, semi-critical was the largest revenue generating device in 2023.
- Critical is the most lucrative device segment registering the fastest growth during the forecast period.
- Country-wise, Colombia is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3,215.7 million |
| Market revenue in 2030 | USD 6,560.5 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Semi-critical |
| Fastest growing segment | Critical |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Non-Critical, Semi-Critical, Critical |
| Key market players worldwide | Steris PLC, Getinge AB ADR, Fortive Corp, Sotera Health Co Ordinary Shares, Cantel Medical, Ecolab Inc, 3M Co |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.7% of the global medical device cleaning market in 2023.
- 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 9,807.3 million by 2030.
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Medical Device Cleaning Market Scope
Medical Device Cleaning Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America medical device cleaning 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 medical device cleaning market will help companies and investors design strategic landscapes.
Semi-critical was the largest segment with a revenue share of 45.89% in 2023. Horizon Databook has segmented the Latin America medical device cleaning market based on non-critical, semi-critical, critical covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is the third fastest growing region after MEA. Latin American countries, such as Brazil and Mexico, are expected to exhibit significant growth in the region owing to factors such as presence of fast-growing economies, improving healthcare infrastructure, and booming medical tourism industry.
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Target buyers of Latin America medical device cleaning market databook
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Our clientele includes a mix of medical device cleaning 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 medical device cleaning market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical device cleaning market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America medical device cleaning market size, by country, 2018-2030 (US$M)
Latin America Medical Device Cleaning Market Outlook Share, 2023 & 2030 (US$M)
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