Latin America Surgical Retractors Market Size & Outlook
Latin America surgical retractors market, 2018-2030 (US$M)
Latin America surgical retractors market highlights
- The Latin America surgical retractors market generated a revenue of USD 218.2 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, handheld was the largest revenue generating type in 2023.
- Handheld is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 218.2 million |
| Market revenue in 2030 | USD 314.2 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Handheld |
| Fastest growing segment | Handheld |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handheld |
| Key market players worldwide | Medtronic PLC, Becton Dickinson & Co, Medical Facilities Corp, Teleflex Inc, Medline Industries, B. Braun Medical, Applied Digital Corp, Insmed Inc, LiNA, Bureau Veritas SA, CooperSurgical, Stryker Corp, Terumo Corp, Boston Scientific Corp, Coloplast A/S ADR, Thomson Medical, Vivo Surgical, MacroCure, Changzhou Lookmed Medical Instrument Co., JUNE Medical, Applied Medical Technology Inc. |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.9% of the global surgical retractors 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 584.9 million by 2030.
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Surgical Retractors Market Scope
Surgical Retractors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America surgical retractors 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 retractors market will help companies and investors design strategic landscapes.
Handheld was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America surgical retractors market based on handheld covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America held 11.7% share of global surgical retractors market in 2020. Various factors such as presence of major players and increasing hospital investments for adopting novel medical devices are contributing to market growth.
Moreover, growing preference for minimally invasive surgeries over open surgeries and rising awareness regarding the use of endoscopy for diagnostic & therapeutic procedures are among factors expected to contribute to market growth.
This region offers lucrative growth opportunities for medical devices industry. Medical devices industry in Latin America is highly fragmented, with presence of multiple small distributing companies providing easy access to devices.
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Our clientele includes a mix of surgical retractors 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 surgical retractors market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America surgical retractors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America surgical retractors market
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