Latin America Surgical Navigation Systems Market Size & Outlook
Latin America surgical navigation systems market, 2018-2030 (US$M)
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Latin America surgical navigation systems market highlights
- The Latin America surgical navigation systems market generated a revenue of USD 454.8 million in 2023.
- The market is expected to grow at a CAGR of 15.5% from 2024 to 2030.
- In terms of segment, neurology was the largest revenue generating application in 2023.
- ENT is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 454.8 million |
| Market revenue in 2030 | USD 1,246.7 million |
| Growth rate | 15.5% (CAGR from 2023 to 2030) |
| Largest segment | Neurology |
| Fastest growing segment | ENT |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | ENT, Orthopedic and Spine, Neurology, Dental |
| Key market players worldwide | B. Braun, Stryker Corp, Medtronic PLC, Siemens Healthineers AG ADR, Smith & Nephew PLC, Johnson & Johnson, Zimmer Biomet Holdings Inc, Karl Storz, Amplitude Surgical, Corin Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global surgical navigation systems market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,246.7 million by 2030.
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Surgical Navigation Systems Market Scope
Surgical Navigation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America surgical navigation systems 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 navigation systems market will help companies and investors design strategic landscapes.
Neurology was the largest segment with a revenue share of 35.8% in 2023. Horizon Databook has segmented the Latin America surgical navigation systems market based on ent, orthopedic and spine, neurology, dental covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of untapped growth opportunities in the swiftly growing Latin American economies and increasing awareness about knee implants & spine surgeries in this region can fuel the growth of this market.
Therefore, manufacturers are focusing on harnessing opportunities present in the developing economies to capture maximum share in this sector.
The market in Latin America is fueled by the aging population, emerging technologies such as decompression, fixation, fusion, and motion preservation within the industry, as well as an increase in access to healthcare in these economies such as Brazil, Mexico, & other countries.
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Our clientele includes a mix of surgical navigation systems 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 navigation systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America surgical navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America surgical navigation systems market size, by country, 2018-2030 (US$M)
Latin America Surgical Navigation Systems Market Outlook Share, 2023 & 2030 (US$M)
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