Latin America Medical Robotic Systems Market Size & Outlook
Latin America medical robotic systems market, 2018-2030 (US$M)
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Latin America medical robotic systems market highlights
- The Latin America medical robotic systems market generated a revenue of USD 819.4 million in 2022.
- The market is expected to grow at a CAGR of 18.9% from 2023 to 2030.
- In terms of segment, medical service robots was the largest revenue generating type in 2022.
- Cleanroom Robots is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 819.4 million |
| Market revenue in 2030 | USD 3,280.8 million |
| Growth rate | 18.9% (CAGR from 2022 to 2030) |
| Largest segment | Medical service robots |
| Fastest growing segment | Cleanroom Robots |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Robots (By Application), Exo-Robots (By Extremities), Pharma Robots, Cleanroom Robots, Robotic Prosthetics, Medical Service Robots |
| Key market players worldwide | IRobot Corp, Medrobotics, Titan Medical Inc, Renishaw PLC, Health Robotics S.R.L, Intuitive Surgical Inc, Stryker Corp, Stereotaxis Inc, Medtronic PLC, Zimmer Biomet Holdings Inc, Smith & Nephew PLC |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.9% of the global medical robotic systems market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 3,280.8 million by 2030.
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Medical Robotic Systems Market Scope
Medical Robotic Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America medical robotic systems 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 robotic systems market will help companies and investors design strategic landscapes.
Medical service robots was the largest segment with a revenue share of 53.64% in 2022. Horizon Databook has segmented the Latin America medical robotic systems market based on surgical robots (by application), exo-robots (by extremities), pharma robots, cleanroom robots, robotic prosthetics, medical service robots covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of medical robotic systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America medical robotic systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical robotic systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America medical robotic systems market size, by country, 2018-2030 (US$M)
Latin America Medical Robotic Systems Market Outlook Share, 2022 & 2030 (US$M)
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