Latin America Traumatic Brain Injuries Assessment And Management Devices Market Size & Outlook
Latin America traumatic brain injuries assessment and management devices market, 2017-2030 (US$M)
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Latin America traumatic brain injuries assessment and management devices market highlights
- The Latin America traumatic brain injuries assessment and management devices market generated a revenue of USD 318.1 million in 2022.
- The market is expected to grow at a CAGR of 8.1% from 2023 to 2030.
- In terms of segment, imaging devices was the largest revenue generating device in 2022.
- Monitoring Devices is the most lucrative device segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 318.1 million |
| Market revenue in 2030 | USD 593.7 million |
| Growth rate | 8.1% (CAGR from 2022 to 2030) |
| Largest segment | Imaging devices |
| Fastest growing segment | Monitoring Devices |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Imaging Devices, Monitoring Devices |
| Key market players worldwide | Integra LifeSciences, Nihon Kohden Corp, Compumedics-alpha trace, InfraScan, Raumedic AG, Oculogica |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.3% of the global traumatic brain injuries assessment and management devices market in 2022.
- 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 936.0 million by 2030.
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Traumatic Brain Injuries Assessment And Management Devices Market Scope
Traumatic Brain Injuries Assessment And Management Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America traumatic brain injuries assessment and management 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 traumatic brain injuries assessment and management devices market will help companies and investors design strategic landscapes.
Imaging devices was the largest segment with a revenue share of 52.69% in 2022. Horizon Databook has segmented the Latin America traumatic brain injuries assessment and management devices market based on imaging devices, monitoring devices covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing healthcare expenditure along with rising penetration of health insurance in most of the Latin American countries is providing ample growth opportunity to the players in the global market. For instance, according to the WHO in 2016, Brazil’s healthcare expenditure as a proportion of GDP was 8.5%, Argentina was 4.2%, Mexico was 6.5%, and Chile’s spending was 8.3%.
Moreover, there are several health agreements between the U.S. medical centers and private hospitals in Brazil, Chile, and Argentina. These agreements have increased awareness about new technologies, which has led to rise in adoption of TBIs assessment and management devices. However, lack of adequate skilled professionals & knowledge regarding proper treatment of brain injuries and stroke in countries such as Mexico, Colombia, and Argentina is likely to impede growth of the region.
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Our clientele includes a mix of traumatic brain injuries assessment and management 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 traumatic brain injuries assessment and management devices market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America traumatic brain injuries assessment and management devices market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America traumatic brain injuries tbi assessment management devices market size, by country, 2017-2030 (US$M)
Latin America Traumatic Brain Injuries Assessment And Management Devices Market Share, 2022 & 2030 (US$M)
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