Latin America Operating Room Equipment Market Size & Outlook
Latin America operating room equipment market, 2018-2030 (US$M)
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Latin America operating room equipment market highlights
- The Latin America operating room equipment market generated a revenue of USD 2,543.0 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, anaesthesia was the largest revenue generating product in 2023.
- Endoscopes is the most lucrative product 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 2023 | USD 2,543.0 million |
| Market revenue in 2030 | USD 3,836.4 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Anaesthesia |
| Fastest growing segment | Endoscopes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anaesthesia, Endoscopes, Electro Surgical Devices, Surgical Imaging, OR Tables, OR Lights, Patient Monitoring |
| Key market players worldwide | Koninklijke Philips NV, Medtronic PLC, Getinge AB ADR, Stryker Corp, Siemens Healthineers AG ADR, GE HealthCare Technologies Inc Common Stock, Steris PLC, Skytron, Draegerwerk AG & Co KGaA, Baxter International Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.6% of the global operating room equipment 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 26,814.2 million by 2030.
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Operating Room Equipment Market Scope
Operating Room Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America operating room equipment 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 operating room equipment market will help companies and investors design strategic landscapes.
Anaesthesia was the largest segment with a revenue share of 29.83% in 2023. Horizon Databook has segmented the Latin America operating room equipment market based on anaesthesia, endoscopes, electro surgical devices, surgical imaging, or tables, or lights, patient monitoring covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America market is majorly driven by Brazil, Mexico, and Argentina. The healthcare landscape in Latin America is changing rapidly. Governments are increasing their spending and local as well as multinational players are investing in order to expand their footprints in the region. Brazil and Mexico are two significant markets in the Latin America region. T
he growing demand for surgical procedures and for improved healthcare services is expected to the drive the market in Latin America. As per the analysis conducted by the International Society of Aesthetic Plastic Surgeons, Brazil and Mexico are amongst the largest aesthetics markets in the world. It states that there are more plastic surgery procedures conducted in Brazil and Mexico combined together as compared to the U.S.
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Our clientele includes a mix of operating room equipment 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 operating room equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America operating room equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America operating room equipment market size, by country, 2018-2030 (US$M)
Latin America Operating Room Equipment Market Outlook Share, 2023 & 2030 (US$M)
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