Joint Reconstructive Implants | Market Insights | Latin America (Supplemental) | 2021
The COVID-19 pandemic has significantly impacted the Latin American large-joint reconstructive implant market due to delayed hip and knee replacement procedures, leading to unit sales declines. While the crisis will significantly impact the market in the short-term, favorable demographic factors coupled with gradual improvements to health care systems in the region will support strong procedural volume growth beyond the pandemic, allowing the market to expand moderately through 2029. However, economic constraints and slow adoption of premium-priced technologies, such as patient-specific 3-D–printed implants and robotic-assisted surgeries, will hinder growth to a certain extent.
This Medtech 360 Report provides high-level market metrics for large-joint reconstructive implants in Latin America, including country-level data for major countries and aggregate data for the rest of Latin America, across a 10-year period.