Latin America Urology Lasers Market Size & Outlook
Latin America urology lasers market, 2018-2030 (US$M)
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Latin America urology lasers market highlights
- The Latin America urology lasers market generated a revenue of USD 134.8 million in 2023.
- The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, holmium laser system was the largest revenue generating laser type in 2023.
- Other Thulium Laser System is the most lucrative laser type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 134.8 million |
| Market revenue in 2030 | USD 206.9 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Holmium laser system |
| Fastest growing segment | Other Thulium Laser System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Holmium Laser System, Diode Laser System, Other Thulium Laser System, Laser Type |
| Key market players worldwide | Olympus Corp, Boston Scientific Corp, Lumenis, Cook Medical, Becton Dickinson & Co, OmniGuide, Allengers Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.2% of the global urology lasers 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 367.3 million by 2030.
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Urology Lasers Market Scope
Urology Lasers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America urology lasers 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 urology lasers market will help companies and investors design strategic landscapes.
Holmium laser system was the largest segment with a revenue share of 29.53% in 2023. Horizon Databook has segmented the Latin America urology lasers market based on holmium laser system, diode laser system, other thulium laser system, laser type covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil, Mexico, and Argentina are the main market players in Latin America for urology lasers. Growing market investments, proximity to North America, and free-trade agreements with important countries like the U.S., Canada, Japan, & several European nations are just a few of the factors expected to drive the Latin American market throughout the projected period.
The prevalence and incidence rates of urological and kidney diseases have been continuously rising, most likely because of aging populations and changing lifestyles. Due to the rising prevalence of disorders like Benign Prostatic Hyperplasia (BPH), Urolithiasis, and Non-Muscle-Invasive Bladder Cancer (NMIBC), the Latin American urology laser market is anticipated to expand significantly over the next years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America urology lasers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America urology lasers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America urology lasers market size, by country, 2018-2030 (US$M)
Latin America Urology Lasers Market Outlook Share, 2023 & 2030 (US$M)
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