South America DVT Preventive Pump Market

The South America DVT preventive pump market is expected to grow from US$ 37.68 million in 2022 to US$ 46.63 million by 2028; it is estimated to record a CAGR of 3.6% from 2022 to 2028.

Increase in Surgical Procedures and High Adoption Rate of DVT Preventive Pumps Fuels South America DVT Preventive Pump Market Growth

Over time, the healthcare industry is developing tremendously on a SAM level supported by government and non-government organizations and investments to ensure high-quality service and infrastructure for the increasing patient population, the There has been significant growth in chronic conditions such as cardiovascular disorders, orthopedic disorders, and cancer, along with the surge in trauma cases on the SAM level has increased surgical procedures. According to the National Library of Medicine, a total of 99,333 orthopedic surgeries were performed in Chile in 2020. Additionally, government and non-government organizations in South American countries have favorable reimbursement policies, which further propel the number of surgical procedures performed in these countries. The surgery patients are more prone to DVT especially orthopedic surgery patients, as per the national library of medicine 2019 report, the incidence rate of postsurgical DVT in orthopedic patients is 7.2% which is doubled in patient aged 60 years and above. Therefore, the rising prevalence of DVT in surgery patients has increased the demand for effective preventive methods and DVT pumps is one of the most effective and efficient method without any side effects. Due to the reduced side effects and increased efficiency the DVT pumps are preferred by large patient population. Thus, the increase in surgical procedures and high adoption rate of DVT preventive pumps after surgeries are expected to create lucrative opportunities for the South America DVT preventive pump market over the forecast period.

South America DVT Preventive Pump Market Overview

Brazil, Argentina, and the Rest of South America are the three major countries in South & Central America (SCAM). The growth of South America DVT preventive pump market is ascribed to the increasing awareness among people with growing venous thromboembolism (VTE) prevalence, ongoing research studies relevant to DVT treatment, and the presence of various centers educating people on DVT. 

South America DVT preventive pump Market Revenue and Forecast to 2028 (US$ Million)

South America DVT Preventive Pump Strategic Insights

Strategic insights for the South America DVT Preventive Pump provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America DVT Preventive Pump Report Scope

South America DVT Preventive Pump Regional Insights

The geographic scope of the South America DVT Preventive Pump refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

South America DVT preventive pump Market Segmentation

The South America DVT preventive pump market is segmented on the basis of service type, end user, and country.

Based on type, the South America DVT preventive pump market is bifurcated into lower extremity and upper extremity. The lower extremity testing segment held a larger market share in 2022.

Based on end user, the South America DVT preventive pump market is segmented into hospitals and clinics, surgical centres, and others. The hospitals and clinics segment held the largest market share in 2022.

The South America DVT preventive pump market, by country, is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the market in this region in 2022.

The South America DVT preventive pump market is Devo Medical Products Inc.; Breg Inc.; Cardinal Health Inc.; Arjo AB; Mego Afek Ltd.; DJO LLC; Zimmer Biomet Holdings Inc.; and Medcaptain Medical Technologies Co Ltd are among the leading companies operating in the South America DVT preventive pump market.