Latin America Surgical Laser Market Size & Outlook
Latin America surgical laser market, 2018-2030 (US$M)
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Latin America surgical laser market highlights
- The Latin America surgical laser market generated a revenue of USD 446.9 million in 2023.
- The market is expected to grow at a CAGR of 9.3% from 2024 to 2030.
- In terms of segment, solid-state laser systems was the largest revenue generating product in 2023.
- Diode Laser Systems is the most lucrative product 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 446.9 million |
| Market revenue in 2030 | USD 831.1 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Solid-state laser systems |
| Fastest growing segment | Diode Laser Systems |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid-state Laser Systems, Gas Laser Systems, Diode Laser Systems |
| Key market players worldwide | Cutera Inc, El.En. SpA Shs after split, Alcon Inc, Biolase Inc, Candela Invest, Cynosure Inc, Lumenis, LUTRONIC, Fotona, Asclepion Laser Technologies |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.0% of the global surgical laser 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 3,466.7 million by 2030.
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Surgical Laser Market Scope
Surgical Laser Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America surgical laser 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 laser market will help companies and investors design strategic landscapes.
Solid-state laser systems was the largest segment with a revenue share of 36.83% in 2023. Horizon Databook has segmented the Latin America surgical laser market based on solid-state laser systems, gas laser systems, diode laser systems covering the revenue growth of each sub-segment from 2018 to 2030.
Key countries considered in Latin American region are developing economies such as Mexico and Brazil, which have high potential for investments. The region has been witnessing healthcare reforms and development of regulatory framework in the field of medicine and pharmaceutical industry.
Latin America region has also been witnessing high burden of chronic diseases, which is leading to increase in healthcare expenditure of nations. Pharmaceutical industry in countries such as Mexico and Brazil has been growing due to untapped market opportunities and investments by foreign countries to expand their geographic presence.
Increase in the prevalence of chronic diseases in the region is also contributing to rise in the number of minimally invasive surgeries. Thus, these factors are boosting growth of surgical lasers market in Latin America.
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Our clientele includes a mix of surgical laser 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 laser market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America surgical laser market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America surgical laser market size, by country, 2018-2030 (US$M)
Latin America Surgical Laser Market Outlook Share, 2023 & 2030 (US$M)
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