Latin America Steerable Needles Market Size & Outlook
Latin America steerable needles market, 2018-2030 (US$M)
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Latin America steerable needles market highlights
- The Latin America steerable needles market generated a revenue of USD 114.1 million in 2023.
- The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, bevel-tip flexible needle was the largest revenue generating type in 2023.
- Symmetric-Tip Needle is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 114.1 million |
| Market revenue in 2030 | USD 152.3 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Bevel-tip flexible needle |
| Fastest growing segment | Symmetric-Tip Needle |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bevel-Tip Flexible Needle, Symmetric-Tip Needle, Tendonactuated Tips |
| Key market players worldwide | Halma PLC, Merit Medical Systems Inc, Johnson & Johnson, Boston Scientific Corp, Olympus Corp, Medtronic PLC, APT Medical, DEAM, Serpex Medical |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.2% of the global steerable needles 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 561.9 million by 2030.
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Steerable Needles Market Scope
Steerable Needles Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America steerable needles 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 steerable needles market will help companies and investors design strategic landscapes.
Bevel-tip flexible needle was the largest segment with a revenue share of 53.64% in 2023. Horizon Databook has segmented the Latin America steerable needles market based on bevel-tip flexible needle, symmetric-tip needle, tendonactuated tips covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of steerable needles 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 steerable needles market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America steerable needles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America steerable needles market size, by country, 2018-2030 (US$M)
Latin America Steerable Needles Market Outlook Share, 2023 & 2030 (US$M)
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