Brazil Orthopedic Navigation Systems Market Size & Outlook
Brazil orthopedic navigation systems market, 2018-2030 (US$M)
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Brazil orthopedic navigation systems market highlights
- The Brazil orthopedic navigation systems market generated a revenue of USD 58.7 million in 2022 and is expected to reach USD 139.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 11.4% from 2023 to 2030.
- In terms of segment, knee was the largest revenue generating application in 2022.
- Spine is the most lucrative application segment registering the fastest growth during the forecast period.
Orthopedic navigation systems market data book summary
| Market revenue in 2022 | USD 58.7 million |
| Market revenue in 2030 | USD 139.4 million |
| Growth rate | 11.4% (CAGR from 2022 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Spine |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knee, Hip, Spine |
| Key market players worldwide | B. Braun, Stryker Corp, Medtronic PLC, Smith & Nephew PLC, Johnson & Johnson, Zimmer Biomet Holdings Inc, Amplitude Surgical, Globus Medical Inc Class A, Kinamed, OrthAlign, Exactech, Pixee Medical |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.5% of the global orthopedic navigation systems market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil orthopedic navigation systems 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 107.5 million by 2030.
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Orthopedic Navigation Systems Market Scope
Orthopedic Navigation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil orthopedic navigation systems 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 orthopedic navigation systems market will help companies and investors design strategic landscapes.
Knee was the largest segment with a revenue share of 46.51% in 2024. Horizon Databook has segmented the Brazil orthopedic navigation systems market based on knee, hip, spine covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil consists of Unified health systems (SUS) providing free medical services to all Brazilians. Majority of population in this region is between 15 years to 50 years. Around 30% of population lives in poverty. Medical devices in Brazil are mostly imported from neighboring nations.
For a medical device to be imported, similar product must not be manufactured in Brazil and if manufactured should be priced higher than the imported device. Imported medical device manufacturer should also have manufacturing unit or local distributor for sale of the device.
Unmet clinical needs in this region and favorable government policies for opening manufacturing units in this region are expected to attribute for orthopedic navigation system market growth.
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Our clientele includes a mix of orthopedic navigation systems 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 orthopedic navigation systems market, including forecasts for subscribers. This country databook contains high-level insights into Brazil orthopedic navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil orthopedic navigation systems market size, by application, 2018-2030 (US$M)
Brazil Orthopedic Navigation Systems Market Share, 2024 & 2030 (US$M)
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