At CAGR of 5.6% | Latin America Bone Graft and Substitutes Market Size to Score Past US$ 182.9 Million by 2027 , Says Coherent Market Insights. Inc
Over the forecast period, the Latin America bone graft and substitutes market is expected to rise due to an increase in dental graft implant procedures, orthopedic operations, and trauma cases. Over the forecast period, a rapid rise in the usage of bone graft replacements such as porcelain, plastics, bioactive glass, and others is expected to significantly contribute to market growth. Bone graft and replacements are often used in spinal fusion, trauma, and dental grafting.
The Latin America bone graft and substitutes market was worth US$ 116.8 million in 2019, and is projected to develop at a CAGR of 5.6 percent from 2020 to 2027.
Request a sample of help grow your business @
The Latin America bone graft and substitutes market is projected to increase as the number of orthopedic surgeries in the region rises.
As per the National Center for Biotechnology Information, there were about 13,017 THAs (total hip arthroplasties) and 7,076 TKAs (total knee arthroplasties) hospital admissions in Brazil in 2015. Furthermore, in 2015, the state of Sao Paulo reported a 49 percent geriatric population in the country's Southeast region, with 47.4 percent of TKAs and 53.8 percent of THAs.
Additionally, the demand for xenografts, allografts, and other synthetic bone grafts that are novel replacements for real bones is expected to support market expansion. Since it is manufactured using recombinant DNA technology, the use of hydroxyapatite in bone grafts without any chemical or biological agents impedes biological cycles such as osteoinduction, osteogenesis, and osteoconduction.
Due to the country's rising healthcare industry, Colombia is expected to see substantial growth in the Latin American bone graft and substitutes market. Colombia has the safest and highest-quality healthcare infrastructure in Latin America, according to the WHO (World Health Organization). Colombia's healthcare sector is ranked 22nd out of 191 countries by the World Health Organization.
Due to the high prevalence of orthopedic and dental clinics focusing on dental implants using bone grafts, Peru is expected to see substantial growth in the Latin American bone graft and substitutes market. Smiles Peru is a large dental clinic in Lima, Peru that provides dental services such as dental implants, bone grafts, and reconstruction. The growing number of clinical trials in Chile is projected to propel the country's market forward. Mimetis Biomaterials S.L. started a clinical trial in Chile and Spain in November 2017 to see how effective bone grafting surgery or MimetikOss is in preserving the alveolar ridge before implant insertion. The report is expected to be completed in October of this year.
Tailored Information as per niche requirement:
LIMITED TIME OFFER – Hurry Up!
Exclusive offer!!! Purchase the report at a discounted rate!!!
Get Discount For Buyers UPTO 30% OFF On Any Research Report
Buy Now with Discount for Premium Report @
Major companies contributing in the Latin America bone graft and substitutes market are Stryker Corporation, Zimmer Biomet Holdings, Inc., Medtronic Plc., Exactech, Inc., RTI Surgical, Inc., Novabone Product, LLC, NuVasive, Inc., Ace Surgical Supply Co., Inc., LifeNet Health, Orthofix International N.V., and Johnson & Johnson.
By Product Type:
Bone Graft Substitutes
Bone Morphogenetics Proteins
Dental Bone Grafts
Get Sample PDF Brochure with Impact of COVID19 @
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
(*If you have any special requirements, please let us know and we will offer you the report as you want.)
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.
Senior Client Partner – Business Development
- Coherent Market Insights
- Nirav Gokani