Latin America Pupillometer Market Size & Outlook
Latin America pupillometer market, 2018-2030 (US$M)
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Latin America pupillometer market highlights
- The Latin America pupillometer market generated a revenue of USD 74.3 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, table-top was the largest revenue generating mobility in 2023.
- Hand-held is the most lucrative mobility 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 74.3 million |
| Market revenue in 2030 | USD 114.1 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Table-top |
| Fastest growing segment | Hand-held |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Table-top, Hand-held |
| Key market players worldwide | Essilorluxottica, Haag-Streit USA, Johnson & Johnson, NIDEK, AMETEK Inc, SCHWIND eye-tech-solutions, NeurOptics, Adaptica, Konan Medical, Brightlamp, US Ophthalmic |
Other key industry trends
- In terms of revenue, Latin America region accounted for 17.5% of the global pupillometer market in 2023.
- Globally, Asia Pacific 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 177.7 million by 2030.
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Pupillometer Market Scope
Pupillometer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America pupillometer 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 pupillometer market will help companies and investors design strategic landscapes.
Table-top was the largest segment with a revenue share of 54.24% in 2023. Horizon Databook has segmented the Latin America pupillometer market based on table-top, hand-held covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America pupillometer market was valued at USD 65.68 Million in 2022 and is expected to reach USD 114.08 Million by 2030, growing at a CAGR of 6.31% during the forecast period. The market growth can be attributed to various factors such as presence of major players, increasing investments by hospital for adopting novel medical devices, and growing use of advanced technologies.
Medical devices industry in Latin America is highly fragmented, with presence of multiple small distributing companies providing easy access to the devices. Furthermore, the pupillometer market is expected to grow at a higher rate due to large patient pool and increasing eye disorders, such as refractive errors, myopia, & presbyopia.
Besides the coverage, the GDP and healthcare expenditure in this region are also important factors contributing to growth of the market. Hence, growing prevalence of refractive disorders, high coverage, and growing healthcare expenditure & GDP are expected to propel the pupillometer market growth in this region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America pupillometer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pupillometer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America pupillometer market size, by country, 2018-2030 (US$M)
Latin America Pupillometer Market Outlook Share, 2023 & 2030 (US$M)
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