Latin America Uterine Manipulation Devices Market Size & Outlook
Latin America uterine manipulation devices market, 2018-2030 (US$M)
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Latin America uterine manipulation devices market highlights
- The Latin America uterine manipulation devices market generated a revenue of USD 32.8 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, total laparoscopic hysterectomy (tlh) was the largest revenue generating type in 2023.
- Laparoscopic Supracervical Hysterectomy (LSH) is the most lucrative 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 32.8 million |
| Market revenue in 2030 | USD 50.5 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Total laparoscopic hysterectomy (tlh) |
| Fastest growing segment | Laparoscopic Supracervical Hysterectomy (LSH) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Total Laparoscopic Hysterectomy (TLH), Laparoscopic Supracervical Hysterectomy (LSH), Laparoscopically Assisted Vaginal Hysterectomy (LAVH), Sacrocolpopexy |
| Key market players worldwide | Johnson & Johnson, The Cooper Companies Inc, B. Braun Medical, Karl Storz, Conmed Corp, RUDOLF Medical, LiNA, Richard Wolf, Utah Medical Products Inc, PURPLE SURGICAL MANUFACTURING LIMITED, Conkin Surgical Instruments, Laborie Medical Technologies, Bissinger, The O.R. Company, LSI Solutions |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.6% of the global uterine manipulation devices 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 94.0 million by 2030.
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Uterine Manipulation Devices Market Scope
Uterine Manipulation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America uterine manipulation devices 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 uterine manipulation devices market will help companies and investors design strategic landscapes.
Total laparoscopic hysterectomy (tlh) was the largest segment with a revenue share of 38.41% in 2023. Horizon Databook has segmented the Latin America uterine manipulation devices market based on total laparoscopic hysterectomy (tlh), laparoscopic supracervical hysterectomy (lsh), laparoscopically assisted vaginal hysterectomy (lavh), sacrocolpopexy covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America's uterine manipulation devices market is anticipated to witness significant growth over the forecast period. Rapidly developing economies, such as Brazil and Argentina, are primarily driving the uterine manipulation devices market growth. Geographical proximity to the U.S., increasing medical tourism from North America due to affordable healthcare facilities, rising prevalence of gynecological disorders, and growing availability of new technologies are some of the major factors propelling market growth in the region.
Moreover, the rising number of surgeries and growing awareness about the benefits of uterine manipulation are improving the need for uterine manipulation devices. In addition, governments of various countries in the region are striving to improve healthcare infrastructure. Hence, an increase in the number of patients seeking safer healthcare solutions is likely to drive the uterine manipulation devices market in the region.
Players can capitalize on opportunities by expanding their presence in emerging markets, increasing adoption in private hospitals, and forming partnerships with local players. However, reimbursement issues, competition from low-cost alternatives, and stringent regulatory requirements pose challenges to market growth.
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Our clientele includes a mix of uterine manipulation devices 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 uterine manipulation devices market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America uterine manipulation devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America uterine manipulation devices market size, by country, 2018-2030 (US$M)
Latin America Uterine Manipulation Devices Market Outlook Share, 2023 & 2030 (US$M)
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