South and Central America Laparoscopic Devices Market Outlook (2021-2031)
Description
The South and Central America laparoscopic devices market is anticipated to grow significantly, reaching an estimated US$ 1,125.6 million by 2031, up from US$ 681.5 million in 2024. The market is expected to exhibit a compound annual growth rate (CAGR) of 7.4% from 2025 to 2031.
Executive Summary and Market Analysis:
The laparoscopic devices market in South and Central America is experiencing substantial growth, driven by the increasing adoption of minimally invasive surgical (MIS) techniques. These techniques offer numerous benefits, including faster recovery times, reduced pain, and shorter hospital stays for patients, alongside ongoing technological advancements in surgical instrumentation. The general surgical devices market, which encompasses laparoscopic instruments, is projected for steady growth, reflecting a shift towards less invasive procedures.
The market is characterized by the presence of key global players such as Medtronic, Johnson & Johnson (Ethicon), Carl Storz, and Olympus, who continue to introduce innovative equipment and technologies. These advancements include enhanced surgical technology, improved imaging and visualization systems (such as high-definition and 3D visualization), and advanced energy sources. While the high costs associated with advanced equipment and processes can pose challenges, the overall trend toward improved patient outcomes and resource efficiency is encouraging hospitals and healthcare systems in the region to increasingly invest in and adopt laparoscopic devices.
Market Segmentation Analysis:
The laparoscopic devices market is segmented by product, application, and end user.
By Product:The market is divided into energy systems, laparoscopes, suction devices, robot-assisted systems, insufflation devices, and access devices. In 2024, the laparoscopes segment held the largest market share.
By Application:The market is categorized into general surgery, bariatric surgery, gynecological surgery, colorectal surgery, and others. The general surgery segment was the largest in 2024.
By End User:The market includes hospitals and clinics, and ambulatory surgical centers, with hospitals and clinics accounting for the largest share in 2024.
Market Outlook:
The South and Central America laparoscopic devices market can be further segmented by country, including Brazil, Argentina, Peru, Chile, and Colombia. Brazil stands out as the largest and fastest-growing market for laparoscopic devices in Latin America. The demand for MIS is driven by a rising incidence of chronic diseases, such as colorectal cancer, and an aging population. The adoption of robotic-assisted surgery in Brazil has also seen significant growth, with over 200 procedures conducted monthly in major hospitals during 2023—a 20% increase from the previous year—underscoring the trend toward advanced laparoscopic platforms. Energy systems and robotic-assisted systems are key growth segments within Brazil's laparoscopic device market.
In Argentina, there is a noticeable increase in the use of minimally invasive devices, fueled by a growing prevalence of chronic diseases and rising healthcare expenditures. While specific recent statistics for Peru may be less prominent, the global trend toward MIS, which offers advantages such as reduced hospital stays and fewer procedures for complex conditions, suggests a similar acceptance of laparoscopic techniques.
Chile is actively integrating advanced laparoscopic procedures, which contributes to the overall expansion of the MIS market in Latin America. Ongoing training and education initiatives are fostering broader acceptance of laparoscopic techniques as standard care. Colombia is also witnessing a strong uptake of laparoscopic procedures, particularly in gynecological surgeries, driven by a rise in the incidence of gallbladder and colorectal cancers, indicating a broader application of laparoscopic techniques extending beyond gynecology.
Country Insights:
The laparoscopic devices market in South and Central America is segmented into Brazil, Argentina, Peru, Chile, and Colombia. In 2024, Brazil held the largest market share.
Brazil's laparoscopic devices market is currently experiencing significant growth, driven by a strong national emphasis on minimally invasive surgical (MIS) techniques and substantial investments in healthcare modernization. The country is a leading force in Latin America for the adoption of laparoscopic technologies, benefiting from an increasing awareness of the advantages of MIS, including reduced patient recovery times and improved clinical outcomes. Recent data highlights this trend, showing that energy systems were the largest revenue-generating product segment in Brazil's laparoscopic device market in 2024. This indicates a rising demand for advanced tools used in precise tissue and vessel sealing.
This trend is further exemplified by the increasing number of robotic-assisted surgeries being performed. While exact figures for 2024-2025 are still being developed, Brazil conducted over 200 robotic surgeries monthly in major hospitals during 2023, reflecting a 20% increase from the previous year. In the field of bariatric surgery, which heavily relies on laparoscopic techniques, Brazil recorded 80,441 procedures in 2023, marking a 7.6% increase from 74,738 surgeries in 2022.
Argentina's laparoscopic devices market is also experiencing robust growth, driven by a growing acceptance of minimally invasive surgical (MIS) techniques across various medical specialties. This shift is fueled by an increasing awareness among both patients and healthcare providers regarding the significant benefits of MIS, such as reduced pain, shorter hospital stays, faster recovery times, and improved cosmetic outcomes.
Company Profiles
Key players in the market include Medtronic Plc, Johnson & Johnson, Olympus Corp, Stryker Corp, Karl Storz SE & Co KG, Boston Scientific Corp, B Braun SE, Smith & Nephew Plc, Conmed Corp, and Intuitive Surgical Inc. These companies employ strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive and offer innovative products to consumers.
Executive Summary and Market Analysis:
The laparoscopic devices market in South and Central America is experiencing substantial growth, driven by the increasing adoption of minimally invasive surgical (MIS) techniques. These techniques offer numerous benefits, including faster recovery times, reduced pain, and shorter hospital stays for patients, alongside ongoing technological advancements in surgical instrumentation. The general surgical devices market, which encompasses laparoscopic instruments, is projected for steady growth, reflecting a shift towards less invasive procedures.
The market is characterized by the presence of key global players such as Medtronic, Johnson & Johnson (Ethicon), Carl Storz, and Olympus, who continue to introduce innovative equipment and technologies. These advancements include enhanced surgical technology, improved imaging and visualization systems (such as high-definition and 3D visualization), and advanced energy sources. While the high costs associated with advanced equipment and processes can pose challenges, the overall trend toward improved patient outcomes and resource efficiency is encouraging hospitals and healthcare systems in the region to increasingly invest in and adopt laparoscopic devices.
Market Segmentation Analysis:
The laparoscopic devices market is segmented by product, application, and end user.
By Product:The market is divided into energy systems, laparoscopes, suction devices, robot-assisted systems, insufflation devices, and access devices. In 2024, the laparoscopes segment held the largest market share.
By Application:The market is categorized into general surgery, bariatric surgery, gynecological surgery, colorectal surgery, and others. The general surgery segment was the largest in 2024.
By End User:The market includes hospitals and clinics, and ambulatory surgical centers, with hospitals and clinics accounting for the largest share in 2024.
Market Outlook:
The South and Central America laparoscopic devices market can be further segmented by country, including Brazil, Argentina, Peru, Chile, and Colombia. Brazil stands out as the largest and fastest-growing market for laparoscopic devices in Latin America. The demand for MIS is driven by a rising incidence of chronic diseases, such as colorectal cancer, and an aging population. The adoption of robotic-assisted surgery in Brazil has also seen significant growth, with over 200 procedures conducted monthly in major hospitals during 2023—a 20% increase from the previous year—underscoring the trend toward advanced laparoscopic platforms. Energy systems and robotic-assisted systems are key growth segments within Brazil's laparoscopic device market.
In Argentina, there is a noticeable increase in the use of minimally invasive devices, fueled by a growing prevalence of chronic diseases and rising healthcare expenditures. While specific recent statistics for Peru may be less prominent, the global trend toward MIS, which offers advantages such as reduced hospital stays and fewer procedures for complex conditions, suggests a similar acceptance of laparoscopic techniques.
Chile is actively integrating advanced laparoscopic procedures, which contributes to the overall expansion of the MIS market in Latin America. Ongoing training and education initiatives are fostering broader acceptance of laparoscopic techniques as standard care. Colombia is also witnessing a strong uptake of laparoscopic procedures, particularly in gynecological surgeries, driven by a rise in the incidence of gallbladder and colorectal cancers, indicating a broader application of laparoscopic techniques extending beyond gynecology.
Country Insights:
The laparoscopic devices market in South and Central America is segmented into Brazil, Argentina, Peru, Chile, and Colombia. In 2024, Brazil held the largest market share.
Brazil's laparoscopic devices market is currently experiencing significant growth, driven by a strong national emphasis on minimally invasive surgical (MIS) techniques and substantial investments in healthcare modernization. The country is a leading force in Latin America for the adoption of laparoscopic technologies, benefiting from an increasing awareness of the advantages of MIS, including reduced patient recovery times and improved clinical outcomes. Recent data highlights this trend, showing that energy systems were the largest revenue-generating product segment in Brazil's laparoscopic device market in 2024. This indicates a rising demand for advanced tools used in precise tissue and vessel sealing.
This trend is further exemplified by the increasing number of robotic-assisted surgeries being performed. While exact figures for 2024-2025 are still being developed, Brazil conducted over 200 robotic surgeries monthly in major hospitals during 2023, reflecting a 20% increase from the previous year. In the field of bariatric surgery, which heavily relies on laparoscopic techniques, Brazil recorded 80,441 procedures in 2023, marking a 7.6% increase from 74,738 surgeries in 2022.
Argentina's laparoscopic devices market is also experiencing robust growth, driven by a growing acceptance of minimally invasive surgical (MIS) techniques across various medical specialties. This shift is fueled by an increasing awareness among both patients and healthcare providers regarding the significant benefits of MIS, such as reduced pain, shorter hospital stays, faster recovery times, and improved cosmetic outcomes.
Company Profiles
Key players in the market include Medtronic Plc, Johnson & Johnson, Olympus Corp, Stryker Corp, Karl Storz SE & Co KG, Boston Scientific Corp, B Braun SE, Smith & Nephew Plc, Conmed Corp, and Intuitive Surgical Inc. These companies employ strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive and offer innovative products to consumers.
Table of Contents
155 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Laparoscopic Devices Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Laparoscopic Devices Market – Key Market Dynamics
- 5.1 Laparoscopic Devices Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints:
- 6. South and Central America Laparoscopic Devices Market Analysis
- 6.1 South and Central America Laparoscopic Devices Market Revenue (US$ Million), 2021–2031
- 6.2 South and Central America Laparoscopic Devices Market Forecast Analysis
- 7. South and Central America Laparoscopic Devices Market Analysis – by Product
- 7.1 Energy Systems
- 7.1.1 Overview
- 7.1.2 Energy Systems: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 7.2 Laparoscopes
- 7.2.1 Overview
- 7.2.2 Laparoscopes: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 7.3 Suction Devices
- 7.3.1 Overview
- 7.3.2 Suction Devices: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 7.4 Robot Assisted Systems
- 7.4.1 Overview
- 7.4.2 Robot Assisted Systems: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 7.5 Insufflation Devices
- 7.5.1 Overview
- 7.5.2 Insufflation Devices: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 7.6 Access Devices
- 7.6.1 Overview
- 7.6.2 Access Devices: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 8. South and Central America Laparoscopic Devices Market Analysis – by Application
- 8.1 General Surgery
- 8.1.1 Overview
- 8.1.2 General Surgery: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 8.2 Bariatric Surgery
- 8.2.1 Overview
- 8.2.2 Bariatric Surgery: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 8.3 Gynecological Surgery
- 8.3.1 Overview
- 8.3.2 Gynecological Surgery: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 8.4 Colorectal Surgery
- 8.4.1 Overview
- 8.4.2 Colorectal Surgery: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 9. South and Central America Laparoscopic Devices Market Analysis – by End User
- 9.1 Hospitals and Clinics
- 9.1.1 Overview
- 9.1.2 Hospitals and Clinics: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 9.2 Ambulatory Surgical Centers
- 9.2.1 Overview
- 9.2.2 Ambulatory Surgical Centers: South and Central America Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 10. South and Central America Laparoscopic Devices Market – Country Analysis
- 10.1 South and Central America
- 10.1.1 South and Central America Laparoscopic Devices Market – Revenue and Forecast Analysis – by Country
- 10.1.1.1 South and Central America Laparoscopic Devices Market – Revenue and Forecast Analysis – by Country
- 10.1.1.2 Brazil: Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 10.1.1.2.1 Brazil: Laparoscopic Devices Market Share – by Product
- 10.1.1.2.2 Brazil: Laparoscopic Devices Market Share – by Application
- 10.1.1.3 Argentina: Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 10.1.1.3.1 Argentina: Laparoscopic Devices Market Share – by Product
- 10.1.1.3.2 Argentina: Laparoscopic Devices Market Share – by Application
- 10.1.1.4 Chile: Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 10.1.1.4.1 Chile: Laparoscopic Devices Market Share – by Product
- 10.1.1.4.2 Chile: Laparoscopic Devices Market Share – by Application
- 10.1.1.5 Colombia: Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 10.1.1.5.1 Colombia: Laparoscopic Devices Market Share – by Product
- 10.1.1.5.2 Colombia: Laparoscopic Devices Market Share – by Application
- 10.1.1.6 Peru: Laparoscopic Devices Market – Revenue and Forecast, 2021–2031 (US$ Million)
- 10.1.1.6.1 Peru: Laparoscopic Devices Market Share – by Product
- 10.1.1.6.2 Peru: Laparoscopic Devices Market Share – by Application
- 11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.2 Company Positioning and Concentration
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 Partnerships and Collaborations
- 12.4 Other Developments
- 13. Company Profiles
- 13.1 Medtronic Plc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Johnson & Johnson
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Olympus Corp
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 Stryker Corp
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Karl Storz SE & Co KG
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Boston Scientific Corp
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 B Braun SE
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 Smith & Nephew Plc
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Conmed Corp
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Intuitive Surgical Inc
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
- 14. Appendix
- 14.1 About Business Market Insights
- 14.2 List of Abbreviations
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