You are currently viewing High Growth Estimations for Latin America Orthopaedic Implants Market During 2023-2028 due to Rising Geriatric Population and Demand for Reconstructive Joint Replacements

High Growth Estimations for Latin America Orthopaedic Implants Market During 2023-2028 due to Rising Geriatric Population and Demand for Reconstructive Joint Replacements

El informe del estudio de mercado de Informes de Expertos titulado, ‘Mercado de Implantes Ortopédicos en América Latina, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como producto, biomaterial, aplicación, uso final y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Orthopaedic Implants Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as product, biomaterial, application, end use, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

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Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 7,1%

El tamaño del mercado latinoamericano de implantes ortopédicos registró una expansión en 2022. El mercado está siendo impulsado por el crecimiento de la población geriátrica y los trastornos musculoesqueléticos coexistentes, debido a lo cual se espera que crezca en el período de pronóstico de 2023-2028. Este aumento en la expansión del mercado se debió a envejecimiento creciente de la población y coexistencia de trastornos óseos y más las estimaciones de las proyecciones de crecimiento se anticipan por los actores clave y sus esfuerzos de colaboración robusto en la región objetivo.

Por lo tanto, una mayor base de consumidores está atrayendo hacia el mercado debido al aumento de la incidencia de enfermedades óseas y lesiones y la falta de ejercicio, los pacientes de mediana edad. Aparte de estos factores, otros indirectos, como el sedentarismo, las largas horas de trabajo sentado, los problemas de articulaciones y rodillas debidos a problemas con la basura, etc., pueden impulsar el mercado en los próximos años. Los principales actores, como Smith & Nephew y Artherex, Inc, están trabajando en estrategias de desarrollo del crecimiento y en planes de innovación de productos en la región latinoamericana para obtener ventas orgánicas.

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Industry Definition and Major Segments

Orthopaedic implants are man-made medical devices that are surgically inserted into the body to replace missing or injured bones, cartilage, or joints. These implants are intended to heal diseases and deformities including rheumatism, osteoarthritis, and many others while restoring function.

On the basis of the product, the market is segmented into:

• Plates and Screws
• Nails and Rods
• Pins and Wires
• Others

The industry is segmented according to biomaterial as:

• Metallic
• Ceramic
• Polymers
• Others

Based on application, the industry is categorised into:

• Reconstructive Joint Replacements
• Spine Implants
• Craniomaxillofacial Implants
• Dental Implants
• Trauma Implants
• Orthobiologics
• Others

By end-uses, the market is divided into:

• Hospitals
• Orthopaedic Clinics
• Ambulatory Surgical Centres
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The market studies and analysis of the Latin America Orthopaedic Implants market are showing the volatile and mushrooming share of key players in the target region. The rising economy of Brazilian, Mexican, and Argentinian nations in Latin America and government initiatives for better infrastructure in the healthcare sector is shifting the focus on principal companies of Orthopaedic Implants. Further, the factors such as the increase in the geriatric population, the prevalence of bone diseases due to lack of nutritionist diet, and technological advancements are anticipating market growth during the forecast period.

And, the sturdy efforts of regional players coupled with the need to adopt advanced technologies in business units for producing better products are shaping the orthopaedic implants market towards constructive and enhanced conduits. Apart from all these aforementioned factors, the reconstructive joint replacements or reconstructive joint implants segment in the target market in the Latin American region is growing with effect on the aging population and their body which can catch osteoarthritis problems easily and further is estimated to provide abundant opportunities to potential entrants in the market. These trends and market dynamics are changing the market outlook of Orthopaedic Implants in the Latin American region coupled with higher production rates registered for healthy growth.

Key Market Players

The major players in the market are:

• Arthrex, Inc
• Johnson & Johnson Services, Inc
• Smith & Nephew plc
• CONMED Corporation
• South America Implants S.A.
• NOVAX DMA
• Spine Argentina
• Prima Implantes S.A.
• Micromed System S.A.
• NEOORTHO
• GMReis
• American Surgery
• Bioteck Implants
• Stryker
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.