Brazil Steerable Sheaths Market Size & Outlook, 2023-2030
Brazil steerable sheaths market, 2018-2030 (US$M)
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Brazil steerable sheaths market highlights
- The Brazil steerable sheaths market generated a revenue of USD 20.1 million in 2023 and is expected to reach USD 31.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, single-use steerable sheaths was the largest revenue generating type in 2023.
- Single-use Steerable Sheaths is the most lucrative type segment registering the fastest growth during the forecast period.
Steerable sheaths market data book summary
| Market revenue in 2023 | USD 20.1 million |
| Market revenue in 2030 | USD 31.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Single-use steerable sheaths |
| Fastest growing segment | Single-use Steerable Sheaths |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-use Steerable Sheaths, Reprocessed Steerable Sheaths |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, Johnson & Johnson, Integer Holdings Corp, Merit Medical Systems Inc, Terumo Corp, Oscar Health Inc Class A |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.5% of the global steerable sheaths market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil steerable sheaths market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 22.2 million by 2030.
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Steerable Sheaths Market Scope
Steerable Sheaths Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil steerable sheaths 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 sheaths market will help companies and investors design strategic landscapes.
Single-use steerable sheaths was the largest segment with a revenue share of 96.02% in 2023. Horizon Databook has segmented the Brazil steerable sheaths market based on single-use steerable sheaths, reprocessed steerable sheaths covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is expected to grow at the fastest pace over the forecast period. This can be attributed to the improving healthcare facilities and government programs such as the introduction of health insurance coverage.
Moreover, increasing public & private healthcare expenses and improving healthcare infrastructure further contribute to market growth. For instance, according to the World Bank, public & private expenses in the country stood at 8.5% of the total GDP in 2016.
It has a significant share in the LATAM market owing to the rise in the prevalence of heart diseases. Overweight & obesity are the main factors responsible for heart diseases such as stroke and CVD.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil steerable sheaths market , including forecasts for subscribers. This country databook contains high-level insights into Brazil steerable sheaths market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil steerable sheaths market size, by type, 2018-2030 (US$M)
Brazil Steerable Sheaths Market Outlook Share, 2023 & 2030 (US$M)
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