Latin America Lower Extremity Implants Market Size & Outlook
The lower extremity implants market in Latin America is expected to reach a projected revenue of US$ 928.5 million by 2030. A compound annual growth rate of 3.5% is expected of Latin America lower extremity implants market from 2024 to 2030.
Revenue, 2023 (US$M)
$729.8
Forecast, 2030 (US$M)
$928.5
CAGR, 2024 - 2030
3.5%
Report Coverage
Latin America
Latin America lower extremity implants market, 2018-2030 (US$M)
Related Markets
Latin America lower extremity implants market highlights
- The Latin America lower extremity implants market generated a revenue of USD 729.8 million in 2023.
- The market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, knee was the largest revenue generating type in 2023.
- Foot & Ankle is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 729.8 million |
| Market revenue in 2030 | USD 928.5 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Foot & Ankle |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knee, Hip, Foot & Ankle |
| Key market players worldwide | Stryker Corp, Johnson & Johnson, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, Acumed, Arthrex, Conmed Corp, Orthofix Medical Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.5% of the global lower extremity implants market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,391.9 million by 2030.
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Lower Extremity Implants Market Scope
Lower extremity implants market segmentation & scope
Lower Extremity Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America lower extremity implants market size, by country, 2018-2030 (US$M)
Latin America Lower Extremity Implants Market Outlook Share, 2023 & 2030 (US$M)
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