Market Insights Health Hospitals Inpatient Care

Treatment of Musculoskeletal Diseases - LATAM

LATAM

In LATAM, the Treatment of Musculoskeletal Diseases market is estimated to witness a significant growth in revenue, projected to reach US$8.44bn by 2024.
This market is expected to exhibit a steady annual growth rate (CAGR 2024-2028) of 1.65%, leading to a market volume of US$9.01bn by 2028.
When compared to other countries globally, United States is anticipated to generate the highest revenue in this market, with a projected revenue of US$60,790.00m by 2024.
In LATAM, there is a growing demand for alternative therapies for musculoskeletal diseases, such as traditional medicine and herbal remedies.

Key regions: Europe, Canada, United States, Germany, India

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.