Latin America Neuroscience Market Size & Outlook
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Latin America neuroscience market highlights
- The Latin America neuroscience market generated a revenue of USD 4,121.9 million in 2023.
- The market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating component in 2023.
- Consumables is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 4,121.9 million |
| Market revenue in 2030 | USD 5,208.6 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Consumables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Software & Services |
| Key market players worldwide | Carl Zeiss Meditec AG, Danaher Corp, GE HealthCare Technologies Inc Common Stock, Siemens Healthineers AG ADR, Koninklijke Philips NV, Canon Inc, B. Braun, Medtronic PLC, Stryker Corp, Boston Scientific Corp, Abbott Laboratories, Terumo Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.2% of the global neuroscience 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 19,221.7 million by 2030.
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Neuroscience Market Scope
Neuroscience Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Canon Inc | View profile | 169151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | https://www.global.canon |
| Carl Zeiss Meditec AG | View profile | 4950 | Goschwitzer Strasse 51-52, Jena, TH, Germany, 07745 | https://www.zeiss.com |
| Siemens Healthineers AG ADR | View profile | 71400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | https://www.siemens-healthineers.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
Latin America neuroscience 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 neuroscience market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 64.29% in 2023. Horizon Databook has segmented the Latin America neuroscience market based on instruments, consumables, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Neuroscience Component Outlook (Revenue, USD Million, 2018-2030)
- Instruments
- Consumables
- Software & Services
- Latin America Neuroscience Technology Outlook (Revenue, USD Million, 2018-2030)
- Brain Imaging
- Neuro-Microscopy
- Stereotaxic surgeries
- Neuro-Proteomic Analysis
- Neuro-Cellular Manipulation
- Others
- Latin America Neuroscience End User Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Diagnostic Laboratories
- Research and Academic Institute
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Target buyers of Latin America neuroscience market databook
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Our clientele includes a mix of neuroscience 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 neuroscience market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America neuroscience market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America neuroscience market size, by country, 2018-2030 (US$M)
Latin America Neuroscience Market Outlook Share, 2023 & 2030 (US$M)
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