Latin America Patient Positioning Systems Market Size & Outlook
Latin America patient positioning systems market, 2018-2030 (US$M)
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Latin America patient positioning systems market highlights
- The Latin America patient positioning systems market generated a revenue of USD 116.7 million in 2022.
- The market is expected to grow at a CAGR of 4.8% from 2023 to 2030.
- In terms of segment, tables was the largest revenue generating product in 2022.
- Accessories 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 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 116.7 million |
| Market revenue in 2030 | USD 170.0 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Tables |
| Fastest growing segment | Accessories |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tables, Accessories |
| Key market players worldwide | Medtronic PLC, Hill-Rom, Stryker Corp, Medline Industries, Skytron, Smith & Nephew PLC, Steris PLC, Mizuho Financial Group Inc, Leoni AG ADR, OPT SurgiSystems |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.3% of the global patient positioning systems market in 2022.
- 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 422.0 million by 2030.
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Patient Positioning Systems Market Scope
Patient Positioning Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America patient positioning 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 patient positioning systems market will help companies and investors design strategic landscapes.
Tables was the largest segment with a revenue share of 78.75% in 2022. Horizon Databook has segmented the Latin America patient positioning systems market based on tables, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America region’s economy is majorly driven by Brazil. According to EIU estimates, the region’s healthcare spending was reported to be around 7.6% of its GDP in 2016, which makes this region the third-largest in terms of healthcare spending after North America and Western Europe. Moreover, life expectancy in this region is reported to be over 75 years.
Growing life expectancy, growing awareness regarding home healthcare services, and increasing demand for technologically advanced medical devices for long-term care are some of the key factors expected to boost the market.
In addition, increasing private and government investments on R&D in healthcare, growing prevalence of chronic disorders, and favorable reimbursement policies on medical devices are some of the factors expected to drive demand for technologically advanced equipment for long-term care, and this is expected to boost usage of patient positioning system over the forecast period.
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Target buyers of Latin America patient positioning systems market databook
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Our clientele includes a mix of patient positioning systems market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America patient positioning systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America patient positioning systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America patient positioning systems market size, by country, 2018-2030 (US$M)
Latin America Patient Positioning Systems Market Outlook Share, 2022 & 2030 (US$M)
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