The revenue in the 'Orthopedic Devices' segment of the medical technology market in Latin America was forecast to continuously increase between 2024 and 2029 by in total one billion U.S. dollars (+25.91 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 4.82 billion U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition: The Orthopedic Devices market contains medical equipment and accessories used to treat orthopedic disorders, including joint reconstruction, spinal devices, trauma fixation devices, arthroscopic devices, etc.
Additional information: Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Revenues are allocated to the country where the money is spent.
Company examples: Johnson & Johnson, Zimmer Biomet, Stryker, Medtronic. Further information on the key players can be found in the Market Shares boxes.
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Statista. (August 29, 2024). Revenue of the orthopedic devices market in Latin America from 2017 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/forecasts/1450113/indicator-revenue-orthopedic-devices-medical-devices-market-latin-america
Statista. "Revenue of the orthopedic devices market in Latin America from 2017 to 2029 (in billion U.S. dollars)." Chart. August 29, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/forecasts/1450113/indicator-revenue-orthopedic-devices-medical-devices-market-latin-america
Statista. (2024). Revenue of the orthopedic devices market in Latin America from 2017 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/forecasts/1450113/indicator-revenue-orthopedic-devices-medical-devices-market-latin-america
Statista. "Revenue of The Orthopedic Devices Market in Latin America from 2017 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/forecasts/1450113/indicator-revenue-orthopedic-devices-medical-devices-market-latin-america
Statista, Revenue of the orthopedic devices market in Latin America from 2017 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1450113/indicator-revenue-orthopedic-devices-medical-devices-market-latin-america (last visited December 21, 2024)
Revenue of the orthopedic devices market in Latin America from 2017 to 2029 (in billion U.S. dollars) [Graph], Statista, August 29, 2024. [Online]. Available: https://www.statista.com/forecasts/1450113/indicator-revenue-orthopedic-devices-medical-devices-market-latin-america