Market revenue in 2023 | USD 370.1 million |
Market revenue in 2030 | USD 686.8 million |
Growth rate | 9.2% (CAGR from 2023 to 2030) |
Largest segment | Or |
Fastest growing segment | OR |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | OR, Angiography, Ophthalmic |
Key market players worldwide | Owens & Minor Inc, Cardinal Health Inc, 3M Co, Teleflex Inc, B. Braun, BD, Merit Medical Systems Inc, Mölnlycke Health Care, Hartmann Holdings, Medtronic PLC, CPT Medical |
Or was the largest segment with a revenue share of 58.39% in 2023. Horizon Databook has segmented the Brazil procedure trays market based on or, angiography, ophthalmic covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil accounted for the largest share in the Latin American market share in 2018. The dominance of the country can be attributed to the adoption of advanced technology, presence of favorable government regulations, and increase in investments by key market players. Medical tourism in Brazil is expected to grow by 45% in the following years due to investment on infrastructure.
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