Latin America Surgical Robot Systems Market Size & Outlook
The surgical robot systems market in Latin America is expected to reach a projected revenue of US$ 1,354.0 million by 2030. A compound annual growth rate of 12.7% is expected of Latin America surgical robot systems market from 2025 to 2030.
Revenue, 2024 (US$M)
$657.3
Forecast, 2030 (US$M)
$1,354.0
CAGR, 2025 - 2030
12.7%
Report Coverage
Latin America
Latin America surgical robot systems market, 2018-2030 (US$M)
Latin America surgical robot systems market highlights
- The Latin America surgical robot systems market generated a revenue of USD 724.6 million in 2023.
- The market is expected to grow at a CAGR of 12.2% from 2024 to 2030.
- In terms of segment, surgical robot was the largest revenue generating component in 2023.
- Surgical Robot is the most lucrative component segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 724.6 million |
| Market revenue in 2030 | USD 1,619.3 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Surgical robot |
| Fastest growing segment | Surgical Robot |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Robot |
| Key market players worldwide | Intuitive Surgical Inc, THINK Surgical, Smith & Nephew, Medtronic PLC, Stryker Corp, Zimmer Biomet Holdings Inc, Medrobotics, Asensus Surgical, Renishaw PLC |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.1% of the global surgical robot systems 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 6,454.0 million by 2030.
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Surgical Robot Systems Market Scope
Surgical robot systems market segmentation & scope
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Japan
China
India
Australia
South Korea
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Surgical Robot Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America surgical robot systems market size, by country, 2018-2030 (US$M)
Related regional statistics
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