
South & Central America Laser-Assisted ENT Surgery Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 143 | Report Code: BMIRE00031821 | Category: Life Sciences
No. of Pages: 143 | Report Code: BMIRE00031821 | Category: Life Sciences
The South & Central America Laser-Assisted ENT Surgery Market size is expected to reach US$ 23,968.29 thousand by 2031 from US$ 14,286.19 thousand in 2023. The market is estimated to record a CAGR of 6.7% from 2023 to 2031.
Argentina is emerging as a prominent destination for medical tourism, particularly for ENT treatments and surgeries. The country offers high-quality healthcare services, advanced medical technologies, and competitive pricing, making it an attractive option for international patients seeking specialized treatments. With a growing number of top-tier hospitals and clinics equipped with state-of-the-art laser technology, Argentina provides a range of ENT procedures, including laser-assisted surgeries for the treatment of conditions such as sinusitis, tonsillectomy, and snoring.
Key segments that contributed to the derivation of the laser-assisted ENT surgery market analysis are laser type, surgery type, and end user.
Conditions such as chronic sinusitis, sleep apnea, hearing loss, and various tumors of the head and neck are becoming more common, necessitating advanced surgical interventions. Laser-assisted surgeries offer a compelling solution due to their minimally invasive nature, which aligns with the growing preference among patients for procedures that promise quick recovery times and less postoperative discomfort. According to an article published in Rhinology in 2024, the prevalence range of chronic rhinosinusitis is 5–12%; from this, 20% have nasal polyps worldwide.
As the global population ages, the demand for effective and innovative treatment options for ENT (i.e., ear, nose, and throat) disorders surges in tandem. Also, environmental factors further worsen ENT-related conditions. Further, the increasing prevalence of ENT disorders is accompanied by a heightened awareness of the importance of early diagnosis and treatment. As patients are more informed than ever about their health options, they willingly seek advanced therapies, thereby fundamentally reshaping the landscape of Otolaryngological treatments. This trend is bolstered by technological advancements in diagnostic tools, which facilitate earlier detection of ENT conditions. Thus, as soon as patients are diagnosed, the likelihood of requiring surgical intervention increases, propelling the number of laser-assisted surgeries.
Based on country, the South & Central America laser-assisted ENT surgery market comprises Brazil, Argentina, and the Rest of South & Central America. Brazil held the largest share in 2023.
According to an article published in the Rhinology journal, the prevalence of chronic rhinosinusitis (CRS) is 5.51% in Sao Paulo—more than 500,000 individuals are affected by this condition in this Brazilian city. Thus, the rising incidence of ENT disorders drives the demand for effective treatment options, particularly minimally invasive procedures utilizing laser technology. Minimally invasive techniques are preferred by both patients and doctors owing to the shorter time of recovery and lower risk of complications associated with these procedures. Additionally, the burgeoning healthcare spending with increased disposable income allows more patients to seek advanced medical treatments in Brazil. The availability of well-equipped ENT facilities with improving hospital infrastructure and advancements in laser technologies such as CO2 and Nd: YAG lasers further propel the adoption of laser-assisted surgeries in the country.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 14,286.19 thousand |
Market Size by 2031 | US$ 23,968.29 thousand |
Global CAGR (2023 - 2031) | 6.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Laser Type
|
Regions and Countries Covered | South and Central America
|
Market leaders and key company profiles |
Some of the key players operating in the market include biolitec AG (Biolitec); Iridex Corporation; Medency; Dimed Laser Technology Co., Ltd.; intros Medical Laser GmbH; ARC Laser GmbH; LightScalpel; GIGAAMEDICAL; INTERmedic ARFRAN; Limmer Laser GmbH; Qolight Medical Laser; and Sisram Medical Ltd., among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
Business Market Insights’ conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The South & Central America Laser-Assisted ENT Surgery Market is valued at US$ 14,286.19 thousand in 2023, it is projected to reach US$ 23,968.29 thousand by 2031.
As per our report South & Central America Laser-Assisted ENT Surgery Market, the market size is valued at US$ 14,286.19 thousand in 2023, projecting it to reach US$ 23,968.29 thousand by 2031. This translates to a CAGR of approximately 6.7% during the forecast period.
The South & Central America Laser-Assisted ENT Surgery Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Laser-Assisted ENT Surgery Market report:
The South & Central America Laser-Assisted ENT Surgery Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Laser-Assisted ENT Surgery Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Laser-Assisted ENT Surgery Market value chain can benefit from the information contained in a comprehensive market report.