Medical devices market revenue in Latin America 2016-2028

Data provided by Statista Market Insights are estimates.

Definition:
The medical devices market includes instruments and machines helping for the prevention, diagnosis, and treatment of diseases. This market is further broken down into six submarkets according to medical specialties or types of application. Medical devices that treat the heart, such as pacemakers, can be found in the cardiology devices market. The diagnostic imaging market covers machines and instruments for diagnosis of many different kinds of conditions. Devices for orthopedic applications, such as joint implants, are included in the orthopedic devices market. Ophthalmic devices are devices used for conditions related to the eye. The general and plastic surgery devices covers many different products required for surgeries. The other medical devices market provides information on additional areas that are not covered by the main markets.

Additional information:
Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Medtronic, Johnson & Johnson, Siemens Healthineers.