Latin America Prosthetics And Orthotics Market Size & Outlook
Latin America prosthetics and orthotics market, 2018-2030 (US$M)
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Latin America prosthetics and orthotics market highlights
- The Latin America prosthetics and orthotics market generated a revenue of USD 340.3 million in 2022.
- The market is expected to grow at a CAGR of 4.6% from 2023 to 2030.
- In terms of segment, orthotics was the largest revenue generating type in 2022.
- Prosthetics is the most lucrative type 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 340.3 million |
| Market revenue in 2030 | USD 487.0 million |
| Growth rate | 4.6% (CAGR from 2022 to 2030) |
| Largest segment | Orthotics |
| Fastest growing segment | Prosthetics |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Orthotics, Prosthetics |
| Key market players worldwide | Ottobock, Ossur, Blatchford, WillowWood, Ultraflex Systems, Steeper Group, Bauerfeind, Aether Biomedical |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.1% of the global prosthetics and orthotics 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 2,287.8 million by 2030.
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Prosthetics And Orthotics Market Scope
Prosthetics And Orthotics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America prosthetics and orthotics 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 prosthetics and orthotics market will help companies and investors design strategic landscapes.
Orthotics was the largest segment with a revenue share of 77.08% in 2024. Horizon Databook has segmented the Latin America prosthetics and orthotics market based on orthotics, prosthetics covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Prosthetics And Orthotics Type Outlook (Revenue, USD Million, 2018-2030)
- Orthotics
- Upper limb orthotesis
- Lower limb orthotesis
- Spinal orthotesis
- Prosthetics
- Upper extremity prosthetics
- Lower extremity prosthetics
- Liners
- Sockets
- Modular components
- Orthotics
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Target buyers of Latin America prosthetics and orthotics market databook
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Our clientele includes a mix of prosthetics and orthotics 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America prosthetics and orthotics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America prosthetics and orthotics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America prosthetics and orthotics market size, by country, 2018-2030 (US$M)
Latin America Prosthetics And Orthotics Market Outlook Share, 2024 & 2030 (US$M)
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