Latin America Orthopedic Navigation Systems Market Size & Outlook
Latin America orthopedic navigation systems market, 2018-2030 (US$M)
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Latin America orthopedic navigation systems market highlights
- The Latin America orthopedic navigation systems market generated a revenue of USD 177.9 million in 2022.
- The market is expected to grow at a CAGR of 12.5% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 177.9 million |
| Market revenue in 2030 | USD 457.4 million |
| Growth rate | 12.5% (CAGR from 2022 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Spine |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 7.5% of the global orthopedic navigation systems market in 2022.
- 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 1,061.2 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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Latin America 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 46.37% in 2024. Horizon Databook has segmented the Latin America orthopedic navigation systems market based on knee, hip, spine covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America includes Mexico and Brazil. Latin America owing to rapid economic development witnessed in Mexico is expected to spearhead regional market growth during the forecast period. Orthopedic navigation system on the other hand witness low market penetration in the underdeveloped Brazilian regions.
Although, this region has high patient unmet needs, capitalization of market opportunities is difficult owing to the lack of appropriate healthcare infrastructure.
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Target buyers of Latin America orthopedic navigation systems market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America orthopedic navigation systems market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America orthopedic navigation systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America orthopedic navigation systems market size, by country, 2018-2030 (US$M)
Latin America Orthopedic Navigation Systems Market Share, 2024 & 2030 (US$M)
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