Sports Medicine Devices | Market Insights | Latin America (Supplemental) | 2023
The Latin American sports medicine device market has been significantly impacted by treatment deferrals due to the COVID-19 pandemic, and the voluntary nature of many of the postponed surgeries has slowed recovery to some extent. The ability of facilities to return to prepandemic capacity, as well as the rate at which vaccines are distributed, is largely determining the market’s recovery. Beyond the impact of the COVID-19 pandemic, this market will expand significantly throughout the forecast period due to continued growth in underpenetrated procedures, the launch of new products, and improved physician training. However, a lack of reimbursement and economic constraints resulting in financial limitations will limit market growth to some extent.
This Medtech 360 Report provides high-level market metrics for sports medicine devices in Latin America, including country-level data for major countries and aggregate data for the rest of the Latin America from 2019 through 2031.