Product Code: 47041179
Given the urgent nature of the procedures within the trauma device market, the impact of the COVID-19 pandemic was less severe and the recovery was relatively fast for the US trauma device market. However, the market has been affected by delays to nonurgent trauma cases and the use of alternative treatments for less serious cases, and more recent supply chain constraints experienced by major manufacturers have restricted expansion. The market will continue to be driven primarily by favorable demographics, improving reimbursement and site-of-service flexibility, improving physician training, and ongoing product innovation.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for trauma devices in Latin America from 2019 through 2031.
The trauma device market was quick to recover from the COVID-19 pandemic.
- To what extent has the trauma market recovered from the effects of the COVID-19 pandemic?
- When will each segment of the market return to levels seen prior to the pandemic?
Several manufacturers have recently expanded their product portfolios with the introduction of new devices or by acquiring companies with complementary products.
- Which competitors are using the breadth of their product portfolios to sustain or increase their trauma device market shares?
- How are competitors expanding their offerings through product innovation, mergers, acquisitions, and/or partnerships to capture a larger share of the trauma device market?
Trauma procedures are increasingly performed in the outpatient setting.
- How has COVID-19 impacted this trend?
- How does the site of service affect the choice of trauma device used?
The Latin American trauma device market is projected to grow through 2031.
- Which device segments are growing the fastest, and why?
- Which anatomic segments contribute most strongly to overall procedure volumes?
- Which devices do physicians prefer to use to treat these anatomies?
- Which anatomic segments are seeing increased interest from competitors, and why?
- How are procedural trends shifting due to improved technology and clinical data?
- Which device segment is seeing declines, and what is contributing to this?
The expanding aging populations and growing middle class in Brazil and Colombia will drive overall market growth.
- As the largest market in the Latin American region, to what extent will procedure volumes grow within the Brazilian market for trauma devices?
- How will the Colombia market grow in comparison to Brazil and the rest of the Latin America region?
Strong competition between MNCs and domestic players will continue to place downward pricing pressures in the Latin American trauma device market.
- Which local competitors have been able to capture notable shares within the Latin America trauma device space?
- What are the key competitive strategies used by domestic competitors to remain competitive in the trauma market?
- What other strategies are MNCs using to remain competitive in the face of strong pricing pressures?
- How will purchasing preferences in this region evolve during the forecast period?
Rising awareness among patients complemented by increased surgical training will drive demand for premium-priced devices; however, uptake of these products will be somewhat restricted by hospital budget constraints.
- Which type of premium devices will continue to display revenue growth despite these pressures?
- Which countries will face the greatest pricing pressures?
Table of Contents
Latin America
Abstract
Executive Summary
- COVID-19 Updates
- Market Highlights
- Competitive Highlights
- Market Developments
- Geographies Covered
- Procedures Covered
- Products Covered
Key Report Updates
COVID-19 Analysis
- Market Impact
- Major Market Forecast Changes and Assumptions
- Competitive Impact
Trauma Device Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Market Shares
- Competitive Insights
- DePuy Synthes
- Stryker
- Smith & Nephew
- Zimmer Biomet
- Other Key Competitors
- Factors Affecting All Competitors
- Market Developments
Plate and Screw Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- By Product Type
- By Anatomy
- Upper-Extremity Anatomic Plates and Screws
- Lower-Extremity Anatomic Plates and Screws
- Hip and Pelvis Anatomic Plate and Screw
- Other Anatomic Plate and Screw
- By Size (Standard Plates Only)
- By Product Feature
- By Material
- Market Share Rankings
- Competitive Insights
- Latin American Plate and Screw Market Competitive Insights
- Factors Affecting All Competitors
Intramedullary Nail Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- By Product Type
- By Material
- Market Share Rankings
- Competitive Insights
- Latin American Intramedullary Nail Market Competitive Insights
Cannulated Screw Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Major Competitors
- Competitive Insights
- Latin American Cannulated Screw Market Competitive Insights
- Factors Affecting All Competitors
Dynamic Hip Screw Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Major Competitors
- Competitive Insights
- Latin American Dynamic Hip Screw Market Competitive Insights
- Factors Affecting All Competitors
Ancillary Trauma Device Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Major Competitors
- Competitive Insights
- Latin American Ancillary Trauma Device Market Competitive Insights
- Factors Affecting All Competitors
External Fixation Device Market
- Market Highlights
- Market Definitions
- Market Forecast Data
- Major Competitors
- Competitive Insights
- Latin American External Fixation Device Competitive Insights
- Factors Affecting All Competitors
Appendix
- Abbreviations
- Bibliography
Methodology
- Core Country Coverage Methodology
- Research Methodology
- Marketrack Methodology
- PriceTrack Methodology
- Forecast Methodology
- Supplemental Country Coverage Methodology
- Base-Year Ratio Analysis
- Market Forecasting
Tables and Figures
- Trauma Device Market, by Country, Latin America (USD), 2019-2031
- Trauma Device Market Landscape, Latin America (USD), 2021 and 2031
- Trauma Device Revenue Market Share Rankings, by Country, Latin America, 2021
- Competitive Insights
- Companies Mentioned
- Recent Events in the Trauma Device Market, Latin America
- Geographies Covered, Latin America
- Average Currency Exchange Rates
- Trauma Device Procedures Covered, Latin America
- Trauma Devices Covered, Latin America
- COVID-19 Impact Assessment Summary, Trauma device Market, Latin America
- Trauma device Market, by Product type, Latin America (USD), 2019-2031 (Excluding COVID-19 Impact)
- Trauma device Market, by Product type, Latin America (USD), 2019-2031 (Including COVID-19 Impact)
- COVID-19 Competitive Factors and Strategies, Trauma Device Market, Latin America
- COVID-19 Financial Impact and Competitor Insights
- Latin American Trauma Device Market Drivers
- Latin American Trauma Device Market Limiters
- Trauma Device Market, by Product Type, Latin America (USD), 2019-2031
- Trauma Device Market, by Country, Latin America (USD), 2019-2031
- Trauma Device Procedures, by Technique, Latin America, 2019-2031
- Trauma Device Procedures, by Country, Latin America, 2019-2031
- Internal Fixation Device Procedures, by Product Type, Latin America, 2019-2031
- Internal Fixation Device Procedures, by Country, Latin America, 2019-2031
- Trauma Device Market, by Product Type, Latin America (USD), 2019-2031
- Trauma Device Market, by Country, Latin America (USD), 2019-2031
- Trauma Device Revenue Market Shares, Latin America, 2021
- Trauma Device Revenue Market Shares, by Country, Latin America, 2021
- DePuy Synthes Competitive Insights
- Stryker Competitive Insights
- Smith & Nephew Competitive Insights
- Zimmer Biomet Competitive Insights
- Competitive Insights for Other Key Competitors
- Factors Affecting All Competitors
- Recent Events in the Trauma Device Market, Latin America
- Latin American Plate and Screw Market Drivers
- Latin American Plate and Screw Market Limiters
- Plate and Screw Market, by Product Type, Latin America (USD), 2019-2031
- Plate and Screw Market, by Country, Latin America (USD), 2019-2031
- Plate and Screw Procedures, by Country, Latin America, 2019-2031
- Plate and Screw Market, by Country, Latin America (USD), 2019-2031
- Plate and Screw Market Growth, by Country, Latin America, 2020-2031
- Plate and Screw Procedures, by Product Type, Latin America, 2019-2031
- Plate and Screw Market, by Product Type, Latin America (USD), 2019-2031
- Plate and Screw Market Growth, by Product Type, Latin America, 2020-2031
- Anatomic Plate and Screw Procedures, by Anatomy, Latin America, 2019-2031
- Anatomic Plate and Screw Procedures, by Country, Latin America, 2019-2031
- Anatomic Plate and Screw Market, by Anatomy, Latin America (USD), 2019-2031
- Anatomic Plate and Screw Market Growth, by Anatomy, Latin America, 2020-2031
- Anatomic Plate and Screw Market, by Country, Latin America (USD), 2019-2031
- Anatomic Plate and Screw Market Growth, by Country, Latin America, 2020-2031
- Upper-Extremity Anatomic Plate and Screw Procedures, by Anatomy, Latin America, 2019-2031
- Upper-Extremity Anatomic Plate and Screw Procedures, by Country, Latin America, 2019-2031
- Upper-Extremity Anatomic Plate and Screw Market, by Anatomy, Latin America (USD), 2019-2031
- Upper-Extremity Anatomic Plate and Screw Market Growth, by Anatomy, Latin America, 2020-2031
- Upper-Extremity Anatomic Plate and Screw Market, by Country, Latin America (USD), 2019-2031
- Upper-Extremity Anatomic Plate and Screw Market Growth, by Country, Latin America, 2020-2031
- Lower-Extremity Anatomic Plate and Screw Procedures, by Anatomy, Latin America, 2019-2030
- Lower-Extremity Anatomic Plate and Screw Procedures, by Country, Latin America, 2019-2030
- Lower-Extremity Anatomic Plate and Screw Market, by Anatomy, Latin America (USD), 2019-2030
- Lower-Extremity Anatomic Plate and Screw Market Growth, by Anatomy, Latin America, 2020-2030
- Lower-Extremity Anatomic Plate and Screw Market, by Country, Latin America (USD), 2019-2030
- Lower-Extremity Anatomic Plate and Screw Market Growth, by Country, Latin America, 2020-2030
- Hip and Pelvis Anatomic Plate and Screw Procedures, by Country, Latin America, 2019-2030
- Hip and Pelvis Anatomic Plate and Screw Market, by Country, Latin America (USD), 2019-2030
- Hip and Pelvis Anatomic Plate and Screw Market Growth, by Country, Latin America, 2020-2030
- Other Anatomic Plate and Screw Procedures, by Country, Latin America, 2019-2030
- Other Anatomic Plate and Screw Market, by Country, Latin America (USD), 2019-2030
- Other Anatomic Plate and Screw Market Growth, by Country, Latin America, 2020-2030
- Standard Plate and Screw Procedures, by Size, Latin America, 2019-2030
- Standard Plate and Screw Procedures, by Country, Latin America, 2019-2030
- Standard Plate and Screw Market, by Size, Latin America (USD), 2019-2030
- Standard Plate and Screw Market Growth, by Size, Latin America, 2020-2030
- Standard Plate and Screw Market, by Country, Latin America (USD), 2019-2030
- Standard Plate and Screw Market Growth, by Country, Latin America, 2020-2030
- Plate and Screw Market, by Product Feature, Latin America (USD), 2019-2030
- Plate and Screw Market Growth, by Product Feature, Latin America, 2020-2030
- Plate and Screw Market, by Material, Latin America (USD), 2019-2030
- Plate and Screw Market Growth, by Material, Latin America, 2020-2030
- Plate and Screw Revenue Market Share Rankings, Latin America, 2021
- Latin American Plate and Screw Market Competitive Insights
- Factors Affecting All Competitors
- Latin American Intramedullary Nail Market Drivers
- Latin American Intramedullary Nail Market Limiters
- IM Nail Market, by Product Type, Latin America (USD), 2019-2031
- IM Nail Market, by Country, Latin America (USD), 2019-2031
- IM Nail Procedures, by Anatomy, Latin America, 2019-2031
- IM Nail Procedures, by Country, Latin America, 2019-2031
- IM Nail Market, by Country, Latin America (USD), 2019-2031
- IM Nail Market Growth, by Country, Latin America, 2020-2031
- IM Nail Market, by Product Type, Latin America (USD), 2019-2031
- IM Nail Market Growth, by Product Type, Latin America, 2020-2031
- IM Nail Market, by Material, Latin America (USD), 2019-2031
- IM Nail Market Growth, by Material, Latin America, 2020-2031
- IM Nail Revenue Market Share Rankings, Latin America, 2021
- Latin American Intramedullary Nail Market Competitive Insights
- Latin American Cannulated Screw Market Drivers
- Latin American Cannulated Screw Market Limiters
- Cannulated Screw Market, by Size, Latin America (USD), 2019-2031
- Cannulated Screw Market, by Country, Latin America (USD), 2019-2031
- Cannulated Screw Procedures, by Size, Latin America, 2019-2031
- Cannulated Screw Procedures, by Country, Latin America, 2019-2031
- Cannulated Screw Market, by Size, Latin America (USD), 2019-2031
- Cannulated Screw Market Growth, by Size, Latin America, 2020-2031
- Cannulated Screw Market, by Material, Latin America (USD), 2019-2031
- Cannulated Screw Market Growth, by Material, Latin America, 2020-2031
- Cannulated Screw Market, by Country, Latin America (USD), 2019-2031
- Cannulated Screw Market Growth, by Country, Latin America, 2020-2031
- Major Competitors in the Cannulated Screw Market, Latin America, 2021
- Latin American Cannulated Screw Market Competitive Insights
- Factors Affecting All Competitors
- Latin American Dynamic Hip Screw Market Limiters
- Dynamic Hip Screw Market, by Material, Latin America (USD), 2019-2031
- Dynamic Hip Screw Market, by Country, Latin America (USD), 2019-2031
- Dynamic Hip Screw Procedures, by Material, Latin America, 2019-2031
- Dynamic Hip Screw Procedures, by Country, Latin America, 2019-2031
- Dynamic Hip Screw Market, by Material, Latin America (USD), 2019-2031
- Dynamic Hip Screw Market Growth, by Material, Latin America, 2020-2031
- Dynamic Hip Screw Market, by Country, Latin America (USD), 2019-2031
- Dynamic Hip Screw Market Growth, by Country, Latin America, 2020-2031
- Major Competitors in the Dynamic Hip Screw Market, Latin America, 2021
- Latin American Dynamic Hip Screw Market Competitive Insights
- Factors Affecting All Competitors
- Latin American Ancillary Trauma Device Market Drivers
- Latin American Ancillary Trauma Device Market Limiters
- Ancillary Trauma Device Market, by Country, Latin America (USD), 2019-2031
- Ancillary Trauma Device Market, by Country, Latin America (USD), 2019-2031
- Major Competitors in the Ancillary Trauma Device Market, Latin America, 2021
- Latin American Ancillary Trauma Device Market Competitive Insights
- Factors Affecting All Competitors
- Latin American External Fixation Device Drivers
- Latin American External Fixation Device Limiters
- External Fixation Device Market, by Country, Latin America (USD), 2019-2031
- External Fixation Device Procedures, by Country, Latin America, 2019-2031
- External Fixation Device Market, by Country, Latin America (USD), 2019-2031
- External Fixation Device Market Growth, by Country, Latin America, 2020-2031
- Major Competitors in the External Fixation Device Market, Latin America, 2021
- Latin American External Fixation Device Competitive Insights
- Factors Affecting All Competitors
- Abbreviations