Latin America Orthobiologics Market Size & Outlook
Latin America orthobiologics market, 2018-2030 (US$M)
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Latin America orthobiologics market highlights
- The Latin America orthobiologics market generated a revenue of USD 261.2 million in 2023.
- The market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, viscosupplementation was the largest revenue generating product in 2023.
- Stem Cell Therapy is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 261.2 million |
| Market revenue in 2030 | USD 398.9 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Viscosupplementation |
| Fastest growing segment | Stem Cell Therapy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Demineralized Bone Matrix(DBM), Allograft, Bone Morphogenetic Protein (BMP), Viscosupplementation, Synthetic Bone Substitutes, Stem Cell Therapy |
| Key market players worldwide | Medtronic PLC, DePuy Synthes, Zimmer Biomet Holdings Inc, Stryker Corp, Bioventus Inc Class A, Anika Therapeutics Inc, Orthofix Medical Inc, Globus Medical Inc Class A, Bone Biologics Corp, Arthrex |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.1% of the global orthobiologics 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 2,470.4 million by 2030.
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Orthobiologics Market Scope
Orthobiologics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America orthobiologics 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 orthobiologics market will help companies and investors design strategic landscapes.
Viscosupplementation was the largest segment with a revenue share of 42.3% in 2023. Horizon Databook has segmented the Latin America orthobiologics market based on demineralized bone matrix(dbm), allograft, bone morphogenetic protein (bmp), viscosupplementation, synthetic bone substitutes, stem cell therapy covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Orthobiologics Product Outlook (Revenue, USD Million, 2018-2030)
- Demineralized Bone Matrix(DBM)
- Allograft
- Bone Morphogenetic Protein (BMP)
- Viscosupplementation
- Synthetic Bone Substitutes
- Stem Cell Therapy
- Latin America Orthobiologics Application Outlook (Revenue, USD Million, 2018-2030)
- Spinal Surgery
- Trauma Repair
- Reconstructive Surgery
- Latin America Orthobiologics End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
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Our clientele includes a mix of orthobiologics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America orthobiologics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America orthobiologics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America orthobiologics market size, by country, 2018-2030 (US$M)
Latin America Orthobiologics Market Outlook Share, 2023 & 2030 (US$M)
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