South & Central America Pediatric Orthopedic Implants Market
Key players operating in the pediatric orthopedic implant market are engaged in developing and commercializing innovative products and technologies specifically designed to address the unmet clinical needs of pediatric orthopedic patients and satisfy the demands of orthopedic surgeons. Osteogenesis imperfecta (OI) is a genetic bone disorder and is treated with rods of fixed lengths. However, telescopic implants can extend as the child grows, reducing the number of surgeries they need. These implants result in an improved quality of life for children with skeletal deformities of long bones. Further, the ability to manufacture and provide customized orthopedic implants by using 3D printing technology in personalized medicine has broadened the applications of these products.
Health expenditures in developing countries rise with the increase in the burden of different diseases. Thus, government initiatives to improve healthcare infrastructure to support modern orthopedic practices in response to an upsurge in the prevalence of bone deformities among children are likely to create significant opportunities for major players in the South & Central America pediatric orthopedic implants market.
The South & Central America pediatric orthopedic implants market is segmented into Brazil, Argentina, and the Rest of South & Central America. The region holds the smallest share of the South & Central America pediatric orthopedic implants market. Brazil has the largest healthcare sector in South & Central America. Significant progress in the Brazilian healthcare system to improve the quality of life of patients is likely to create lucrative opportunities for pediatric orthopedic implants market growth in the country. There were approximately 3,504 clinics offering services for treating sports injuries in Brazil as of August 2023. Orthopedic trauma is one of the most common reasons for the use of orthopedic implants in Brazil. According to an article based on a study conducted from January 2012 to December 2021 in Brazil, published in Scientific Electronic Library Online, diaphyseal fracture of femur affected 70.44% of participants, with fall from heights (56.81%) being a major cause, and approximately 45.45% pediatric patients were treated with linear external fixation.
The South & Central America pediatric orthopedic implants market is segmented type, application, end user, and country.
Based on type, the South & Central America pediatric orthopedic implants market is segmented into hip implants, spine implants, knee implants, dental implants, craniomaxillofacial implants, and others. The hip implants segment held the largest market share in 2022.
Based on application, the South & Central America pediatric orthopedic implants market is segmented into trauma and deformities, broken bones, bone and joint infections, spinal deformities, and others. The trauma and deformities segment held the largest market share in 2022.
Based on end user, the South & Central America pediatric orthopedic implants market is segmented into hospitals, pediatric clinics, and others. The hospitals segment held the largest market share in 2022.
Based on country, the South & Central America pediatric orthopedic implants market is segmented into Brazil, Argentina, and the Rest of South and Central America. Brazil dominated the South & Central America pediatric orthopedic implants market share in 2022.
Arthrex Inc, Johnson & Johnson, OrthoPediatrics Corp, and Stryker Corp are some of the leading companies operating in the South & Central America pediatric orthopedic implants market.
The South & Central America Pediatric Orthopedic Implants Market is valued at US$ 132.74 Million in 2022, it is projected to reach US$ 259.07 Million by 2030.
As per our report South & Central America Pediatric Orthopedic Implants Market, the market size is valued at US$ 132.74 Million in 2022, projecting it to reach US$ 259.07 Million by 2030. This translates to a CAGR of approximately 8.7% during the forecast period.
The South & Central America Pediatric Orthopedic Implants Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Pediatric Orthopedic Implants Market report:
The South & Central America Pediatric Orthopedic Implants Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Pediatric Orthopedic Implants Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Pediatric Orthopedic Implants Market value chain can benefit from the information contained in a comprehensive market report.
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