Latin America Peripheral Vascular Devices Market Size & Outlook
Latin America peripheral vascular devices market, 2018-2030 (US$M)
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Latin America peripheral vascular devices market highlights
- The Latin America peripheral vascular devices market generated a revenue of USD 548.1 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, peripheral stents was the largest revenue generating type in 2023.
- Plaque Modification Devices is the most lucrative type 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 548.1 million |
| Market revenue in 2030 | USD 723.6 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Peripheral stents |
| Fastest growing segment | Plaque Modification Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PTA Balloons, Catheters, Endovascular Aneurysm Repair Stent Grafts, Plaque Modification Devices, Peripheral Accessories, Inferior Vena Cava Filters, Hemodynamic Flow Alteration Devices, Peripheral Stents |
| Key market players worldwide | Abbott Laboratories, Edwards Lifesciences Corp, Medtronic PLC, St. Jude Medical, Teleflex Inc, Philips, Boston Scientific Corp, Cook Group, Covidien, AngioScore |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.6% of the global peripheral vascular 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 3,868.7 million by 2030.
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Peripheral Vascular Devices Market Scope
Peripheral Vascular Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America peripheral vascular 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 peripheral vascular devices market will help companies and investors design strategic landscapes.
Peripheral stents was the largest segment with a revenue share of 24.72% in 2023. Horizon Databook has segmented the Latin America peripheral vascular devices market based on pta balloons, catheters, endovascular aneurysm repair stent grafts, plaque modification devices, peripheral accessories, inferior vena cava filters, hemodynamic flow alteration devices, peripheral stents covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America peripheral vascular devices market is expected to undergo substantial expansion in the near future. PAD emerges as a prominent healthcare challenge within the region, owing to the growing geriatric population and rising risk factors such as diabetes and obesity.
The growing prevalence of PAD is boosting the demand for minimally invasive interventions that involve the usage of advanced peripheral vascular devices. Furthermore, a growing awareness regarding peripheral vascular diseases is leading to an increase in diagnoses, thereby boosting the need for diverse treatment modalities that involve the use of peripheral vascular devices.
The surge in demand aligns with an evolving healthcare landscape wherein governments of various Latin American countries are directing efforts toward enhancing healthcare accessibility and developing infrastructure.
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Our clientele includes a mix of peripheral vascular devices 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 peripheral vascular devices market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America peripheral vascular devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America peripheral vascular devices market size, by country, 2018-2030 (US$M)
Latin America Peripheral Vascular Devices Market Share, 2023 & 2030 (US$M)
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