Latin America Urinary Catheters Market Size & Outlook
Latin America urinary catheters market, 2018-2030 (US$M)
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Latin America urinary catheters market highlights
- The Latin America urinary catheters market generated a revenue of USD 588.9 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, intermittent catheters was the largest revenue generating product in 2023.
- External Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 588.9 million |
| Market revenue in 2030 | USD 879.1 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Intermittent catheters |
| Fastest growing segment | External Catheters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Intermittent Catheters, Foley/ Indwelling Catheters, External Catheters |
| Key market players worldwide | Abercrombie & Fitch Co Class A, Medtronic PLC, Boston Scientific Corp, BD, Cook Medical, ConvaTec Group PLC, Teleflex Inc, Coloplast A/S ADR, B. Braun, Medline Industries, J & M Urinary Catheters |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.5% of the global urinary catheters 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 1,939.6 million by 2030.
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Urinary Catheters Market Scope
Urinary Catheters Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America urinary catheters 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 urinary catheters market will help companies and investors design strategic landscapes.
Intermittent catheters was the largest segment with a revenue share of 57.5% in 2023. Horizon Databook has segmented the Latin America urinary catheters market based on intermittent catheters, foley/ indwelling catheters, external catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of bladder cancer and increasing incidence of urinary problems such as UTI is driving the growth of the market in Latin America. UTIs comprise significant health issues in this region.
For instance, according to the International Agency for Research on Cancer, in 2018, in Latin America and the Caribbean around 29,098 people were diagnosed with the bladder cancer and it is estimated to reach to 36,943 in 2025.
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Our clientele includes a mix of urinary catheters 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 urinary catheters market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America urinary catheters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America urinary catheters market size, by country, 2018-2030 (US$M)
Latin America Urinary Catheters Market Outlook Share, 2023 & 2030 (US$M)
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