Brazil Kyphoplasty Market Size & Outlook, 2022-2030
Brazil kyphoplasty market, 2018-2030 (US$M)
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Brazil kyphoplasty market highlights
- The Brazil kyphoplasty market generated a revenue of USD 4.8 million in 2022 and is expected to reach USD 7.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, bone access devices was the largest revenue generating product in 2022.
- Balloon Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Kyphoplasty market data book summary
| Market revenue in 2022 | USD 4.8 million |
| Market revenue in 2030 | USD 7.6 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Bone access devices |
| Fastest growing segment | Balloon Catheters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Balloon Catheters, Bone Access Devices, Cement Application Products, Instruments |
| Key market players worldwide | Stryker Corp, Medtronic PLC, Smith & Nephew PLC, MicroPort Scientific Corp, Johnson & Johnson, Halma PLC, CareFusion, Merit Medical Systems Inc, iMedicom, Seawon Meditech, Joline, G21, Joimax |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.8% of the global kyphoplasty market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil kyphoplasty market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 5.4 million by 2030.
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Kyphoplasty Market Scope
Kyphoplasty Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil kyphoplasty market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to kyphoplasty market will help companies and investors design strategic landscapes.
Bone access devices was the largest segment with a revenue share of 41.67% in 2022. Horizon Databook has segmented the Brazil kyphoplasty market based on balloon catheters, bone access devices, cement application products, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The proportion of obese adults in Brazil increased from 18.9% in 2017 to 19.5% in 2019. As per a study published in the National Library of Medicine, mortality in 2020 was 65.1 deaths per 100,000 inhabitants due to obesity.
Regarding prevalence of obesity and being overweight, 20.2% and 54.7% were the mean values observed in state capitals, respectively. The prevalence of obesity was positively correlated with overall mortality rate.
Hence, such factors are expected to significantly boost the market over the coming years. The major drivers propelling the kyphoplasty market are launch of new products and adoption of newer technologies.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil kyphoplasty market , including forecasts for subscribers. This country databook contains high-level insights into Brazil kyphoplasty market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil kyphoplasty market size, by product, 2018-2030 (US$M)
Brazil Kyphoplasty Market Outlook Share, 2022 & 2030 (US$M)
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