South and Central America Artificial Joints Market

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Analysis by Type (Cemented Joints, Non-Cemented Joints); Material (Ceramics, Alloys, Oxinium, Others); Application (Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Others); End User (Hospitals, Ambulatory Care Centers, Other End Users) and Country

No. of Pages: 91    |    Report Code: TIPRE00016220    |    Category: Life Sciences

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South and Central America Artificial Joints Market
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South and Central America Artificial Joints Market Forecast to 2027 -

COVID-19 Impact and Regional Analysis

- By Type (Cemented Joints, Non-Cemented Joints); Material (Ceramics, Alloys, Oxinium, Others); Application (Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Others); End User (Hospitals, Ambulatory Care Centers, Other End Users) and Country

Pages: 91

MARKET INTRODUCTION

An artificial joint is a device used in orthopedic surgery procedures in which an arthritic or dysfunctional joint surface is surgically replaced. They are also called prostheses and designed to enable improved joint function and correct abnormalities associated with joint movement. Artificial joints can be prepared from alloy, metal, ceramic, or oxinum and implanted into the site depending on the patient, surgeon, and feasibility of the procedure.

 

MARKET OVERVIEW AND DYNAMICS

The South and Central America Artificial Joints market is expected to reach US$ 1,331.92 million in 2027 from US$ 1,971.57 million in 2019. The market is estimated to grow with a CAGR of 5.1% from 2020-2027. South and Central America Artificial Joints market is expected to grow due to factors such as to increasing prevalence of bone and joint disorders, increasing prevalence of obesity, and rising government support by introducing guidelines for regenerative medicines. However, high cost and complications like prosthetic joint infections, associated with the artificial joint surgery is expected to hinder market growth.

 

KEY MARKET SEGMENTS

Based on Product, the South and Central America Artificial Joints market is segmented into cemented joints and non-cemented joints. The cemented joints segment held the largest share of the market in 2019 and is expected to register the highest CAGR in the market during the forecast period. The Artificial Joints market, on basis of material, is segmented into ceramics, alloys, oxinium, others. The ceramic segment held the largest share of the market in 2019, however, alloys segment is anticipated to register the highest CAGR in the market during the forecast period.

Based on Application, the South and Central America Artificial Joints market is segmented into artificial joints of knee, artificial joints of hip, artificial joints of shoulder, others. The artificial joints of knee segment held the largest share of the market in 2019 and is expected to register the highest CAGR in the market during the forecast period. The South and Central America Artificial Joints market, based on end user, is segmented into artificial joints of hospitals, ambulatory care centers, and other end users. The hospital segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.

 

MAJOR SOURCES AND COMPANIES LISTED

Some of the major primary and secondary sources associated with this report on the South and Central America Artificial Joints market are the International Osteoporosis Foundation (IOF); International Society of Arthroplasty, Knee Surgery and Orthopedic Sports Medicine (ISAKOS); World Health Organization (WHO); and National Health Service (NHS).

 

 

 

REASONS TO BUY THE REPORT

  • Determine prospective investment areas based on a detailed trend analysis of the South and Central America Artificial Joints market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different artificial joints segments in the top spending countries and identify the opportunities offered by each of them.
  • Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels driving the South and Central America artificial joints market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs undertaken by the different countries within the South and Central America artificial joints market.

SOUTH AND CENTRAL AMERICA ARTIFICIAL JOINTS MARKET SEGMENTATION

By Type

•    Cemented Joints

•     Non-Cemented Joints

 

By Material

•      Ceramics

•      Alloys

•      Oxinium

•      Others

 

By Application

•   Artificial Joints of Knee

•    Artificial Joints of Hip

•    Artificial Joints of Shoulder

•    Others

 

By End User

•    Hospital

•    Ambulatory Care Centers

•    Others

 

By Country

  • Brazil
  • Argentina
  • Rest of South and Central America

Company Profiles

•    Smith & Nephew

•    Stryker Corporation

•    Zimmer Biomet

•    Medtronic

•    Braun Melsungen AG

•    Colfax Corporation  

•    Depuy Synthes (Johnson and Johnson Services, Inc.)

 
Identical Market Reports with other Region/Countries

The List of Companies - South and Central America Artificial Joints Market

  1. Smith & Nephew
  2. Stryker Corporation
  3. Zimmer Biomet
  4. Medtronic
  5. Braun Melsungen AG
  6. Colfax Corporation  
  7. Depuy Synthes (Johnson and Johnson Services, Inc.)
Frequently Asked Questions
How big is the South and Central America Artificial Joints Market?

The South and Central America Artificial Joints Market is valued at US$ 1,971.57 Million in 2019, it is projected to reach US$ 1,331.92 Million by 2027.

What is the CAGR for South and Central America Artificial Joints Market by (2020 - 2027)?

As per our report South and Central America Artificial Joints Market, the market size is valued at US$ 1,971.57 Million in 2019, projecting it to reach US$ 1,331.92 Million by 2027. This translates to a CAGR of approximately 5.1% during the forecast period.

What segments are covered in this report?

The South and Central America Artificial Joints Market report typically cover these key segments-

  • Type (Cemented Joints, Non-Cemented Joints)
  • Material (Ceramics, Alloys, Oxinium)
  • Application (Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder)
  • End User (Hospitals, Ambulatory Care Centers, Other End Users)

What is the historic period, base year, and forecast period taken for South and Central America Artificial Joints Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South and Central America Artificial Joints Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
    • Who are the major players in South and Central America Artificial Joints Market?

    The South and Central America Artificial Joints Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Smith & Nephew
  • Stryker Corporation
  • Zimmer Biomet
  • Medtronic
  • Braun Melsungen AG
  • Colfax Corporation
  • Depuy Synthes (Johnson and Johnson Services, Inc.)
    • Who should buy this report?

    The South and Central America Artificial Joints Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the South and Central America Artificial Joints Market value chain can benefit from the information contained in a comprehensive market report.

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