LatAm’s Best-Selling Medical Equipment

Below we break down some of the top sellers in the region, using a combination of market projections and in-house data from our HospiScope and ShareScope services. HospiScope tracks equipment and personnel counts for Latin American hospitals, while ShareScope analyzes market size and share of different medical device/equipment brands using import data. Here’s a look at the types of medical equipment and devices posting some of the top sales figures now and over the next few years.

1) Dialysis Equipment

Dialysis machines are used as a substitute for kidneys to help purify the blood. The market for this equipment in Latin America—which includes hemodialysis machines, dialyzers, peritoneal dialysis equipment, equipment for continuous ambulatory peritoneal dialysis and intermittent peritoneal dialysis and more—will reach a value of US$4.27 billion by 2027, growing with a CAGR of 7.8% between now and 2027.

FURTHER DATAThis growth trend is reflected by GHI’s data—to a certain extent. According to our MedTech Outlook: Latin America 2024 report, the amount of hemodialysis machines went up in Latin American hospitals in different markets during 2022-2023. For example, the amount of hemodialysis machines in Argentine hospitals went up nearly 9% in 2023 and there was also an increase in hemodialysis machines in hospitals in Mexico and Peru. You can find out more about acquiring the MedTech Outlook report here.


#2 Respiratory Devices

Worth US$ 2.24 billion in 2023, the LatAm market respiratory devices market will grow at a CAGR of 8.74% between now and 2028 to reach a value of US$3.4 billion.

FURTHER DATA: GHI’s ShareScope (BrandTrack) offers import data for medical equipment in Latin America, including respiratory devices.



#3 Infusion Pumps & Accessories

Infusion pumps are a critical accessory for hospitals and medical centers for the delivery of large amounts of fluids, nutrients or medications to chronically ill patients. And it’s one area that is showing major growth in various Latin American markets in recent years. Currently, the infusion pumps and accessories market is forecast to grow at a rate of 7.8% in Latin America from 2024 to 2029.

FURTHER DATA: GHI’s MedTech Outlook: Latin America 2024 report shows that the amounts of infusion pumps increased in 2023 in hospitals in Argentina, Brazil, Central America, Chile, Colombia and Peru. HospiScope offers more details as to specific amounts increasing in different hospitals and PriceScope can help you obtain pricing data on infusion pumps for hospitals in Latin American markets to help your strategy in that area.


#4 Endoscopy Devices

Endoscopes, which are cutting-edge instruments that can diagnose or treat areas inside the body without invasive procedures, have been growing throughout the Western world for some time now. And now that growth is finally making its way to Latin American markets, as well. The endoscopy device market in LatAm is already substantial, at US$2.25 billion in 2023. But it’s forecast to reach US$2.99 billion by 2028. That’s a projected CAGR of 5.84%.

FURTHER DATA: GHI’s MedTech Outlook report shows that the amount of endoscopes and endoscopy towers increased in 2023 in hospitals in Argentina (8.3%), Brazil (12%), Central America, Chile, Colombia, Mexico and Peru (endoscopy device increase data for these other countries/regions is available if you purchase the report). This 100-page report will give you and your team deep market knowledge in minutes through its easy-to-read infographic design. You can contact us directly to request a 10-minute call that will show you the report’s contents so you can see the value it can bring to your sales and marketing team.

You also can subscribe to HospiScope to obtain fresh data on base installed equipment like endoscopes for more than 18,000 hospitals in Latin America.


Increasing your sales of medical equipment in Latin America has never been easier.



#5 Prosthetic Heart Valves

The value of the Latin American prosthetic heart valves market is growing with a CAGR of 13.6% between now and 2027. The market’s value will be US$1.4 billion by 2027, compared to its 2022 value of US$.74 billion.

FURTHER DATA: GHI’s PriceScope features data on prosthetic heart valves. You can contact us directly to obtain a demo for PriceScope.


#6 Cardiac Assist Devices

Cardiac assist devices, which are cutting-edge pumps that increase blood flow, are a potentially life-saving treatment for those with congestive heart failure. And data has shown that this growing device market will continue to see great increases throughout Latin America in the coming years. The market for these devices is currently forecast to grow at a rate of 7.45% through 2028. These projections put the forecast value of the cardiac assist devices market at US$207.4 million by 2028.


#7 Electrosurgery Devices

The Latin American market for these devices—which include generators, instruments and accessories, as well as argon and smoke management systems—is expected to grow with a CAGR of 6.93% between now and 2021 to reach a value of nearly US$1 billion by 2027, up from a market value of US$0.64 billion in 2022.

FURTHER DATA: GHI’s Hospiscope tracks counts for surgical generators in Latin American hospitals. Contact GHI for more information.


#8 Nuclear Medicine Radiopharmaceuticals

Radiopharmaceuticals are injected into the body to serve as either diagnostic or therapeutic agents. And it’s big business in Latin America now, where the forecast market growth is projected at 12.4% through 2028. This puts the overall market value at US$1.93 billion by 2028.

FURTHER DATA: These radiopharmaceuticals are used in nuclear medicine systems. According to HospiScope data, nuclear medicine systems have grown significantly in hospitals in different Latin American markets.

Next Steps

For medical device and equipment manufacturers, exploring data from HospiScope and ShareScope may be helpful in parsing these larger growth trends in equipment categories so as to identify sales opportunities.

Contact GHI to learn more about these services and how they can help you scale up sales or get a deeper understanding of the market.


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