Brazil Nerve Repair And Regeneration Market Size & Outlook
Brazil nerve repair and regeneration market, 2018-2030 (US$M)
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Brazil nerve repair and regeneration market highlights
- The Brazil nerve repair and regeneration market generated a revenue of USD 250.1 million in 2023 and is expected to reach USD 469.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, neurostimulation and neuromodulation devices was the largest revenue generating product in 2023.
- Biomaterials is the most lucrative product segment registering the fastest growth during the forecast period.
Nerve repair and regeneration market data book summary
| Market revenue in 2023 | USD 250.1 million |
| Market revenue in 2030 | USD 469.0 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Neurostimulation and neuromodulation devices |
| Fastest growing segment | Biomaterials |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biomaterials, Neurostimulation and Neuromodulation Devices |
| Key market players worldwide | Axogen Inc, Stryker Corp, St. Jude Medical, Baxter International Inc, Boston Scientific Corp, Integra Lifesciences Holdings Corp, Medtronic PLC, Polyganics, LivaNova PLC |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.7% of the global nerve repair and regeneration market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil nerve repair and regeneration 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 283.8 million by 2030.
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Nerve Repair And Regeneration Market Scope
Nerve Repair And Regeneration Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil nerve repair and regeneration 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 nerve repair and regeneration market will help companies and investors design strategic landscapes.
Neurostimulation and neuromodulation devices was the largest segment with a revenue share of 67.05% in 2023. Horizon Databook has segmented the Brazil nerve repair and regeneration market based on biomaterials, neurostimulation and neuromodulation devices covering the revenue growth of each sub-segment from 2018 to 2030.
The Brazil nerve repair and regeneration market is estimated to grow with a CAGR of 9.38% in the coming years owing to increasing healthcare reforms and expenditure. According to WHO, in Brazil, total healthcare expenditure was 9.1% of its GDP.
Moreover, owing to rising incidence of epilepsy & PD and lack of awareness about their treatment, various government organizations are organizing awareness programs. For instance, in November 2017, the Brazilian Association of Epilepsy (ABE) launched a new program to increase awareness about epilepsy among children.
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Our clientele includes a mix of nerve repair and regeneration market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil nerve repair and regeneration market , including forecasts for subscribers. This country databook contains high-level insights into Brazil nerve repair and regeneration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil nerve repair and regeneration market size, by product, 2018-2030 (US$M)
Brazil Nerve Repair And Regeneration Market Outlook Share, 2023 & 2030 (US$M)
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