Latin America Medical Suction Devices Market Size & Outlook

The medical suction devices market in Latin America is expected to reach a projected revenue of US$ 223.3 million by 2030. A compound annual growth rate of 5% is expected of Latin America medical suction devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$159.0
Forecast, 2030 (US$M)
$223.3
CAGR, 2024 - 2030
5%
Report Coverage
Latin America

Latin America medical suction devices market, 2018-2030 (US$M)

Latin

Latin America medical suction devices market highlights

  • The Latin America medical suction devices market generated a revenue of USD 159.0 million in 2023.
  • The market is expected to grow at a CAGR of 5% from 2024 to 2030.
  • In terms of segment, portable was the largest revenue generating portability in 2023.
  • Portable is the most lucrative portability segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 159.0 million
Market revenue in 2030USD 223.3 million
Growth rate5% (CAGR from 2023 to 2030)
Largest segmentPortable
Fastest growing segmentPortable
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPortable
Key market players worldwideAllied Healthcare Products Inc, Precision Diagnostics, Drive Medical, Integra LifeSciences, ZOLL Medical Corporation, Welch's, Laerdal Medical, Labcorp Holdings Inc, Amsino International, Olympus Corp


Other key industry trends

  • In terms of revenue, Latin America region accounted for 13.9% of the global medical suction devices 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 370.6 million by 2030.

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Medical Suction Devices Market Scope

Medical suction devices market segmentation & scope
Portable
Non-Portable
Vacuum Systems
Manual
Electrically Powered
Venturi
End Use
Respiratory
Gastric
Wound Suction
Delivery Rooms
Others
Countries
U.S.
Canada
UK
Spain
Sweden
Denmark
Germany
France
Italy
Argentina
Brazil
Mexico
UAE
Kuwait
Saudi Arabia
South Africa
India
China
Japan
Australia
South Korea
Thailand

Medical Suction Devices Market Companies

Name Profile # Employees HQ Website

Latin America medical suction 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 medical suction devices market will help companies and investors design strategic landscapes.


Portable was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America medical suction devices market based on portable covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America medical suction devices market databook

  • Our clientele includes a mix of medical suction 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.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America medical suction devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical suction devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America medical suction devices market

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