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The Latin American trauma device market will see moderate growth through 2025, largely driven by an expanding aging population, increased physician training, greater access to health care across the region, and the growing use of premium-priced devices.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for trauma devices in Latin America across a 10-year period.
The Latin American trauma device market will continue to grow through 2025.
Which device segments are growing the fastest, and why?
Which device segment is seeing declines, and what is contributing to this?
Rising awareness among patients and increased surgical training will drive the demand for premium-priced devices; however, uptake of these products will be somewhat restricted by hospital budget constraints.
Which type of premium devices will continue to display revenue growth despite these pressures?
Which countries will face the greatest pricing pressures?
The Latin American trauma device market is particularly fragmented, with a varied mix between large international companies and smaller domestic competitors.
What are the key competitive strategies that foreign MNCs and local companies must be mindful of?
How will purchasing priorities in this region evolve going forward?
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Valentina Lim is a team lead within the Orthopedics, Dental, and Aesthetics Medtech Insights team at Decision Resources Group, specializing in the fields of sports medicine, trauma devices, orthopedic extremities, pediatric orthopedics, and minimally invasive spine surgeries. Valentina holds an Honors Bachelor's degree in Management and Organizational Studies from the University of Western Ontario.