Latin America Pain Management Devices Market Size & Outlook
Latin America pain management devices market, 2018-2030 (US$M)
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Latin America pain management devices market highlights
- The Latin America pain management devices market generated a revenue of USD 651.0 million in 2023.
- The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
- In terms of segment, neurostimulation market was the largest revenue generating product in 2023.
- Rdaiofrequency Ablation 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 651.0 million |
| Market revenue in 2030 | USD 1,305.9 million |
| Growth rate | 10.5% (CAGR from 2023 to 2030) |
| Largest segment | Neurostimulation market |
| Fastest growing segment | Rdaiofrequency Ablation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electrical Stimulators, Rdaiofrequency Ablation, Analgesic Infusion Pump, Neurostimulation Market |
| Key market players worldwide | Medtronic PLC, Abbott Laboratories, Stryker Corp, B. Braun, Boston Scientific Corp, Baxter International Inc, OMRON Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.7% of the global pain management 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 2,916.4 million by 2030.
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Pain Management Devices Market Scope
Pain Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America pain management 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 pain management devices market will help companies and investors design strategic landscapes.
Neurostimulation market was the largest segment with a revenue share of 57.27% in 2024. Horizon Databook has segmented the Latin America pain management devices market based on electrical stimulators, rdaiofrequency ablation, analgesic infusion pump, neurostimulation market covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Pain Management Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Radiofrequency Ablation
- Electrical Stimulators
- TENS
- Others
- Analgesic Infusion Pump
- Intrathecal Infusion Pumps
- External Infusion Pumps
- Neurostimulation
- Spinal Cord Stimulators
- Deep Brain Stimulators
- Sacral Neurostimulators
- Others
- Latin America Pain Management Devices Application Outlook (Revenue, USD Million, 2018-2030)
- Cancer
- Neuropathic
- Facial & Migraine
- Musculoskeletal
- Trauma
- Other Application
- Latin America Pain Management Devices End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Clinics
- Physiotherapy Centers
- Rehabiitation Centers
- Other End Use
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Our clientele includes a mix of pain management devices 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 pain management devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pain management devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America pain management devices market size, by country, 2018-2030 (US$M)
Latin America Pain Management Devices Market Outlook Share, 2024 & 2030 (US$M)
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