Latin America Cardiac Catheters & Guidewires Market Size & Outlook
Latin America cardiac catheters & guidewires market highlights
- The Latin America cardiac catheters & guidewires market generated a revenue of USD 1,162.2 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, cardiac catheters was the largest revenue generating product in 2023.
- Cardiac Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 1,162.2 million |
| Market revenue in 2030 | USD 1,990.6 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Cardiac catheters |
| Fastest growing segment | Cardiac Catheters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiac Catheters |
| Key market players worldwide | Abbott Laboratories, Boston Scientific Corp, Getinge AB ADR, Johnson & Johnson, Terumo Corp, BIOTRONIK, Medtronic PLC, Cardinal Health Inc, Teleflex Inc, B. Braun, BD, Merit Medical Systems Inc, Nipro Corp, Qx Medical, Brosmed |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global cardiac catheters & guidewires 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 4,137.8 million by 2030.
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Cardiac Catheters & Guidewires Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Brosmed | View profile | 501-1000 | Dongguang, Guangdong, China, Asia | http://www.brosmed.com/ |
| Qx Medical | View profile | 1-10 | Montréal, Quebec, Canada, North America | https://www.qxmedical.com/ |
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| Nipro Corp | View profile | 39713 | 3-9-3 Honjo-Nishi Kita-ku, Osaka, Japan, 531-8510 | http://www.nipro.co.jp |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| Getinge AB ADR | View profile | 11862 | Lindholmspiren 7A, P.O. Box 8861, Gothenburg, Sweden, SE-417 56 | https://www.getinge.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Latin America cardiac catheters & guidewires 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 cardiac catheters & guidewires market will help companies and investors design strategic landscapes.
Cardiac catheters was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America cardiac catheters & guidewires market based on cardiac catheters covering the revenue growth of each sub-segment from 2018 to 2030.
The cardiac catheters & guidewires market for Latin America is likely to be driven by the rising prevalence of chronic diseases, an increase in the number of operations, and an increase in the need for advance products to treat complex PCI-CTO procedures across the area.
Furthermore, the expanding geriatric population is having a significant impact on the LATAM cardiac catheters & guidewires industry. The elderly is more vulnerable to many chronic conditions, such as cancer, diabetes, and other cardiovascular ailments, necessitating the use of devices for monitoring.
Other factors that contribute to the growth of the Latin America Cardiac catheters & guidewires market include rising healthcare spending, improved healthcare expenditure, and the availability of modern healthcare infrastructure in emerging countries.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cardiac catheters & guidewires market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cardiac catheters & guidewires market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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