Latin America Telesurgery Market Size & Outlook, 2023-2030

The telesurgery market in Latin America is expected to reach a projected revenue of US$ 275.0 million by 2030. A compound annual growth rate of 15.3% is expected of Latin America telesurgery market from 2024 to 2030.
Revenue, 2023 (US$M)
$101.5
Forecast, 2030 (US$M)
$275.0
CAGR, 2024 - 2030
15.3%
Report Coverage
Latin America

Latin America telesurgery market highlights

  • The Latin America telesurgery market generated a revenue of USD 101.5 million in 2023.
  • The market is expected to grow at a CAGR of 15.3% from 2024 to 2030.
  • In terms of segment, system was the largest revenue generating component in 2023.
  • System is the most lucrative component 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 2023USD 101.5 million
Market revenue in 2030USD 275.0 million
Growth rate15.3% (CAGR from 2023 to 2030)
Largest segmentSystem
Fastest growing segmentSystem
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSystem, Instrument & accessories, Services
Key market players worldwideIntuitive Surgical Inc, Asensus Surgical Inc Ordinary Shares, SS Innovations, Riverfield, Siemens Healthineers AG ADR, MicroPort Scientific Corp

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.9% of the global telesurgery 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 664.8 million by 2030.

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Telesurgery Market Companies

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Latin America telesurgery market size, by country, 2018-2030 (US$M)

Latin America Telesurgery Market Outlook Share, 2023 & 2030 (US$M)

Latin America telesurgery market size, by country, 2018-2030 (US$M)

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