Latin America Surgical Ent Devices Market Size & Outlook
Latin America surgical ent devices market, 2018-2030 (US$M)
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Latin America surgical ent devices market highlights
- The Latin America surgical ent devices market generated a revenue of USD 457.3 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, hospitals was the largest revenue generating end use in 2023.
- HOSPITALS is the most lucrative end use 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 457.3 million |
| Market revenue in 2030 | USD 680.5 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals |
| Fastest growing segment | HOSPITALS |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
| Key market players worldwide | Medtronic PLC, Olympus Corp, Richard Wolf, ZEISS Group, Stryker Corp, Smith & Nephew PLC, Johnson & Johnson, Integra LifeSciences, Hoya Corp, Sonova Holding AG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global surgical ent 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 3,009.9 million by 2030.
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Surgical ENT Devices Market Scope
Surgical ENT Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America surgical ent 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 surgical ent devices market will help companies and investors design strategic landscapes.
Hospitals was the largest segment with a revenue share of 79.88% in 2023. Horizon Databook has segmented the Latin America surgical ent devices market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
Growing investments by market players in the region, proximity to North America, free-trade agreements with major countries, such as the U.S., Canada, Japan, and other European countries, are factors anticipated to boost the Latin America market during the forecast period.
Supportive government regulations to commercialize medical devices in the country are expected to impel market growth. For instance, most of the Latin American countries only require U.S. FDA or CE mark approval for filing of marketing approvals.
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Target buyers of Latin America surgical ent devices market databook
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Our clientele includes a mix of surgical ent 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 surgical ent devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America surgical ent devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America Surgical ENT Devices Market Outlook Share, 2023 & 2030 (US$M)
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