Large-Joint Reconstructive Implants – Market Insights – Latin America

COVID-19–related delays to hip and knee replacement procedures negatively impacted the Latin American large-joint reconstructive implant market in 2020 into 2021; however, the market saw strong year-over-year growth in 2021 overall, largely attributable to the rescheduling of procedures that were deferred in 2020. Following the short-term impact of the pandemic, the market will see long-term growth, driven by the uptake of novel technologies such as patient-conforming and 3-D printed implants, smart implants, robotic- and navigation-assisted surgeries, and minimally invasive techniques, although downward pricing pressures driven by growing outpatient joint replacement volumes and economic constraints will limit overall revenue potential to some degree.

This Medtech 360 Report provides comprehensive data and analysis on the state of the market for large-joint reconstructive implants in Latin America from 2019 through 2032.

The COVID-19 pandemic negatively impacted the Latin American large-joint reconstructive implant market.

How has COVID-19 pandemic affected procedure volumes in the Latin American large-joint reconstructive implant market?

How has the pandemic impacted the market dynamics?

How has the pandemic impacted medical tourism in the region?

The Latin American market for large-joint reconstructive implants remains relatively underpenetrated.

What factors have led to this underpenetration in the Latin American market, and what factors will contribute to the market’s expansion through 2032?

Which regions in Latin America are experiencing most rapid growth and what factors are influencing this expansion?

Adoption of technological advances in the large-joint reconstructive implant space, such as 3-D printed implants and robotic-assisted reconstructive knee implant surgery, is hindered by the cost constraints in the Latin American region.

How are innovative technologies and value-based solutions affecting market share shifts?

What has driven the recent innovations in robotics from major competitors in the large-joint reconstructive implant space?

While MNCs hold a major share in the Latin American market for large-joint reconstructive implants, smaller local competitors also manage to retain a considerable presence in this region.

Which MNCs have the most robust presence in the Latin American market?

What strategies do domestic manufacturers utilize to compete with the dominant MNCs in the Latin American market?

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