Latin America Minimally Invasive Thoracic Surgery Market Size & Outlook

The minimally invasive thoracic surgery market in Latin America is expected to reach a projected revenue of US$ 349.7 million by 2028. A compound annual growth rate of 8.8% is expected of Latin America minimally invasive thoracic surgery market from 2022 to 2028.
Revenue, 2021 (US$M)
$194.0
Forecast, 2028 (US$M)
$349.7
CAGR, 2022 - 2028
8.8%
Report Coverage
Latin America

Latin America minimally invasive thoracic surgery market highlights

  • The Latin America minimally invasive thoracic surgery market generated a revenue of USD 194.0 million in 2021.
  • The market is expected to grow at a CAGR of 8.8% from 2022 to 2028.
  • In terms of segment, lobectomy was the largest revenue generating application in 2021.
  • Wedge Resection is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2028.


Latin America data book summary

Market revenue in 2021USD 194.0 million
Market revenue in 2028USD 349.7 million
Growth rate8.8% (CAGR from 2021 to 2028)
Largest segmentLobectomy
Fastest growing segmentWedge Resection
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationLobectomy, Wedge Resection, Pneumonectomy
Key market players worldwideMedtronic PLC, Cardio Medical, Intuitive Surgical Inc, Richard Wolf, Grena, Dextera Surgical, Teleflex Inc, Medela, LivaNova PLC, Sklar Instruments


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.3% of the global minimally invasive thoracic surgery market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 918.2 million by 2028.

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Minimally Invasive Thoracic Surgery Market Scope

Minimally Invasive Thoracic Surgery Market Companies

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Latin America minimally invasive thoracic surgery 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 minimally invasive thoracic surgery market will help companies and investors design strategic landscapes.


Lobectomy was the largest segment with a revenue share of 51.49% in 2021. Horizon Databook has segmented the Latin America minimally invasive thoracic surgery market based on lobectomy, wedge resection, pneumonectomy covering the revenue growth of each sub-segment from 2018 to 2028.


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Target buyers of Latin America minimally invasive thoracic surgery market databook

  • Our clientele includes a mix of minimally invasive thoracic surgery 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 minimally invasive thoracic surgery market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America minimally invasive thoracic surgery market from 2018 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America minimally invasive thoracic surgery market size, by country, 2018-2028 (US$M)

Latin America Minimally Invasive Thoracic Surgery Market Outlook Share, 2021 & 2028 (US$M)

Latin America minimally invasive thoracic surgery market size, by country, 2018-2028 (US$M)

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