Latin America Neuro-navigation Systems Market Size & Outlook

The neuro-navigation systems market in Latin America is expected to reach a projected revenue of US$ 379.4 million by 2030. A compound annual growth rate of 8.2% is expected of Latin America neuro-navigation systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$218.4
Forecast, 2030 (US$M)
$379.4
CAGR, 2024 - 2030
8.2%
Report Coverage
Latin America

Latin America neuro-navigation systems market highlights

  • The Latin America neuro-navigation systems market generated a revenue of USD 218.4 million in 2023.
  • The market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
  • In terms of segment, optical system was the largest revenue generating technology in 2023.
  • Optical System is the most lucrative technology segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 218.4 million
Market revenue in 2030USD 379.4 million
Growth rate8.2% (CAGR from 2023 to 2030)
Largest segmentOptical system
Fastest growing segmentOptical System
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOptical System, Electromagnetic System
Key market players worldwideMedtronic PLC, Stryker Corp, Orthofix Medical Inc, Nexstim Oyj Registered Shs Reg S, Zimmer Biomet Holdings Inc, Roper Technologies Inc, Synaptive Medical, Soterix Medical, ClaroNav, BrainLAB


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.8% of the global neuro-navigation systems 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 788.6 million by 2030.

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Neuro-navigation Systems Market Scope

Neuro-navigation systems market segmentation & scope
Optical System
Electromagnetic System
Neurosurgery
Craniomaxillofacial Surgery
Spinal Surgery
Other Application
Hospitals
Neurology Clinic
Ambulatory Surgical Centers (ASCs)
Research Centers

Neuro-navigation Systems Market Companies

Name Profile # Employees HQ Website

Latin America neuro-navigation 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 neuro-navigation systems market will help companies and investors design strategic landscapes.


Optical system was the largest segment with a revenue share of 57.28% in 2023. Horizon Databook has segmented the Latin America neuro-navigation systems market based on optical system, electromagnetic system covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America neuro-navigation systems market databook

  • Our clientele includes a mix of neuro-navigation systems 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 neuro-navigation systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America neuro-navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America neuro-navigation systems market size, by country, 2018-2030 (US$M)

Latin America Neuro-navigation Systems Market Outlook Share, 2023 & 2030 (US$M)

Latin America neuro-navigation systems market size, by country, 2018-2030 (US$M)

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