LATIN AMERICA CARTILAGE REPAIR MARKET 2021-2028

Lifesciences | Medical Devices & Consumables

LATIN AMERICA CARTILAGE REPAIR MARKET 2021-2028

Market by Product, Modality, Type, Application, End-user, and Country | Forecast 2021-2028

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Triton’s report denotes that the cartilage repair market in Latin America is estimated to progress at a CAGR of 15.11% during the foreseen period 2021-2028.


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The countries analyzed in this market include:

•        Brazil

•        Mexico

•        Rest of Latin America

Latin America’s cartilage repair market is experiencing significant growth due to the surge in the aging population. Since the geriatric population can be easily diagnosed with various conditions, the need for cartilage repair increases across the region. As per WHO, Brazil ranks 11th in having the largest population of older people globally. Additionally, the increase in burn and trauma injuries has stimulated the demand for cartilage repair products. The supportive government policies to spread awareness relating to cartilage surgeries are also driving the progression of the cartilage repair market.

Earlier, in terms of the obesity rate, Mexico ranked second-highest globally, as stated by Global Food Cultures. Moreover, the country’s obesity rates are rising at an alarming rate, which will have severe effects on the musculoskeletal system. Here, the impact on the musculoskeletal system can lead to the development of osteoarthritis, which is likely to enhance the need for cartilage repair surgeries. Furthermore, the population aged 65 and above is estimated to grow significantly by 2050, as per Aging Readiness & Competitiveness Initiative’s data. Hence, the growing incidence of obesity and the rising geriatric population is expected to expand the growth of the cartilage repair market through the forecast period in Mexico.

Conmed Corporation is a medical technology company involved in the development, manufacturing, and distribution of surgical devices and related equipment. It offers surgical devices for minimally invasive procedures. Besides, its orthopedic business segment includes sports medicine, powered surgical instruments, and sports biologics. Conmed’s products are distributed across hospitals, surgery centers, and other healthcare institutions. The company has operations in multiple regions, including Latin America. 

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Table of Content

1.    LATIN AMERICA CARTILAGE REPAIR MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. KEY INSIGHTS

2.1.1.   ADVANCEMENTS IN TECHNOLOGY AND TECHNIQUES IN SPORTS MEDICINE

2.1.2.   ESCALATING TRAUMA CASES

2.2. IMPACT OF COVID-19 ON CARTILAGE REPAIR MARKET

2.3. PORTER’S FIVE FORCES MODEL

2.3.1.   THREAT OF NEW ENTRY

2.3.2.   THREAT OF SUBSTITUTION

2.3.3.   BARGAINING POWER OF BUYERS

2.3.4.   BARGAINING POWER OF SUPPLIERS

2.3.5.   COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS MATRIX

2.5. VENDOR SCORECARD

2.6. KEY MARKET STRATEGIES

2.6.1. CONTRACTS & PARTNERSHIPS

2.6.2. BUSINESS EXPANSIONS & DIVESTITURES

2.6.3. ACQUISITIONS & MERGERS

2.6.4. NEW PRODUCT LAUNCHES

2.7. KEY DRIVERS

2.7.1. HIGH PREVALENCE OF OBESITY

2.7.2. SPORTS-RELATED INJURIES

2.7.3. GROWTH IN ELDERLY POPULATION

2.8. KEY RESTRAINTS

2.8.1. HIGH COST OF CARTILAGE REPAIR SURGERIES

2.8.2. LACK OF FAVORABLE REGULATION FOR THE USE OF CARTILAGE REPAIR PRODUCTS

2.9. KEY OPPORTUNITIES

2.9.1.   LUCRATIVE OPPORTUNITIES FOR CARTILAGE REPAIR IN DEVELOPING NATIONS

2.9.2. PREFERENCE FOR MINIMALLY INVASIVE TECHNIQUES

3.    LATIN AMERICA CARTILAGE REPAIR MARKET - BY PRODUCT (IN TERMS OF VALUE: IN $ MILLION)

3.1. CELL-BASED

3.2. NON-CELL-BASED

4.    LATIN AMERICA CARTILAGE REPAIR MARKET - BY MODALITY (IN TERMS OF VALUE: IN $ MILLION)

4.1. OSTEOCHONDRAL ALLOGRAFT

4.2. MICROFRACTURE & CHONDROPLASTY

4.3. JUVENILE ALLOGRAFT FRAGMENT

4.4. AUTOLOGOUS CHONDROCYTE IMPLANTATION

5.    LATIN AMERICA CARTILAGE REPAIR MARKET - BY TYPE (IN TERMS OF VALUE: IN $ MILLION)

5.1. HYALINE CARTILAGE

5.2. FIBROCARTILAGE

6.    LATIN AMERICA CARTILAGE REPAIR MARKET - BY APPLICATION (IN TERMS OF VALUE: IN $ MILLION)

6.1. KNEE

6.2. OTHER APPLICATIONS

7.    LATIN AMERICA CARTILAGE REPAIR MARKET - BY END-USER (IN TERMS OF VALUE: IN $ MILLION)

7.1. HOSPITAL & CLINIC

7.2. AMBULATORY SURGICAL CENTER

7.3. OTHER END-USERS

8.    LATIN AMERICA CARTILAGE REPAIR MARKET – REGIONAL OUTLOOK (IN TERMS OF VALUE: IN $ MILLION)

8.1. COUNTRY ANALYSIS

8.1.1. MEXICO

8.1.2. BRAZIL

8.1.3. REST OF LATIN AMERICA

9.    COMPETITIVE LANDSCAPE

9.1. ARTHREX INC

9.2. B BRAUN MELSUNGEN AG

9.3. CONMED CORPORATION

9.4. CRYOLIFE INC

9.5. INTEGRA LIFESCIENCES CORPORATION

9.6. JOHNSON & JOHNSON

9.7. MEDTRONIC PLC

9.8. ORGANOGENESIS INC

9.9. OSIRIS THERAPEUTICS INC

9.10. RTI SURGICAL

9.11. SMITH & NEPHEW PLC

9.12. STRYKER CORPORATION

9.13. VERICEL CORPORATION

9.14. ZIMMER BIOMET HOLDINGS INC

10. RESEARCH METHODOLOGY & SCOPE

10.1. RESEARCH SCOPE & DELIVERABLES

10.1.1. OBJECTIVES OF STUDY

10.1.2. SCOPE OF STUDY

10.2. SOURCES OF DATA

10.2.1. PRIMARY DATA SOURCES

10.2.2. SECONDARY DATA SOURCES

10.3. RESEARCH METHODOLOGY

10.3.1. EVALUATION OF PROPOSED MARKET

10.3.2. IDENTIFICATION OF DATA SOURCES

10.3.3. ASSESSMENT OF MARKET DETERMINANTS

10.3.4. DATA COLLECTION

10.3.5. DATA VALIDATION & ANALYSIS

List of table

TABLE 1:       LATIN AMERICA CARTILAGE REPAIR MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

TABLE 2:       VENDOR SCORECARD

TABLE 3:       LATIN AMERICA CARTILAGE REPAIR MARKET, BY PRODUCT, 2021-2028 (IN $ MILLION)

TABLE 4:       LATIN AMERICA CARTILAGE REPAIR MARKET, BY MODALITY, 2021-2028 (IN $ MILLION)

TABLE 5:       LATIN AMERICA CARTILAGE REPAIR MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 6:       LATIN AMERICA CARTILAGE REPAIR MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 7:       LATIN AMERICA CARTILAGE REPAIR MARKET, BY END-USER, 2021-2028 (IN $ MILLION)

TABLE 8:       LATIN AMERICA CARTILAGE REPAIR MARKET, BY COUNTRY, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1:     LATIN AMERICA CARTILAGE REPAIR MARKET 2021-2028 (IN $ MILLION)

FIGURE 2:     PORTER’S FIVE FORCES MODEL

FIGURE 3:     MARKET ATTRACTIVENESS MATRIX

FIGURE 4:     LATIN AMERICA CARTILAGE REPAIR MARKET, BY CELL-BASED, 2021-2028 (IN $ MILLION)

FIGURE 5:     LATIN AMERICA CARTILAGE REPAIR MARKET, BY NON-CELL-BASED, 2021-2028 (IN $ MILLION)

FIGURE 6:     LATIN AMERICA CARTILAGE REPAIR MARKET, BY OSTEOCHONDRAL ALLOGRAFT, 2021-2028 (IN $ MILLION)

FIGURE 7:     LATIN AMERICA CARTILAGE REPAIR MARKET, BY MICROFRACTURE & CHONDROPLASTY, 2021-2028 (IN $ MILLION)

FIGURE 8:     LATIN AMERICA CARTILAGE REPAIR MARKET, BY JUVENILE ALLOGRAFT FRAGMENT, 2021-2028 (IN $ MILLION)

FIGURE 9:     LATIN AMERICA CARTILAGE REPAIR MARKET, BY AUTOLOGOUS CHONDROCYTE IMPLANTATION, 2021-2028 (IN $ MILLION)

FIGURE 10:  LATIN AMERICA CARTILAGE REPAIR MARKET, BY HYALINE CARTILAGE REPAIR, 2021-2028 (IN $ MILLION)

FIGURE 11:  LATIN AMERICA CARTILAGE REPAIR MARKET, BY FIBROCARTILAGE REPAIR, 2021-2028 (IN $ MILLION)

FIGURE 12:  LATIN AMERICA CARTILAGE REPAIR MARKET, BY KNEE APPLICATION, 2021-2028 (IN $ MILLION)

FIGURE 13:  LATIN AMERICA CARTILAGE REPAIR MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 14:  LATIN AMERICA CARTILAGE REPAIR MARKET, BY HOSPITAL & CLINIC, 2021-2028 (IN $ MILLION)

FIGURE 15:  LATIN AMERICA CARTILAGE REPAIR MARKET, BY AMBULATORY SURGICAL CENTER, 2021-2028 (IN $ MILLION)

FIGURE 16:  LATIN AMERICA CARTILAGE REPAIR MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

FIGURE 17:  LATIN AMERICA CARTILAGE REPAIR MARKET, REGIONAL OUTLOOK, 2020 AND 2028 (IN %)

FIGURE 18:  MEXICO CARTILAGE REPAIR MARKET 2021-2028 (IN $ MILLION)

FIGURE 19:  BRAZIL CARTILAGE REPAIR MARKET 2021-2028 (IN $ MILLION)

FIGURE 20:  REST OF LATIN AMERICA CARTILAGE REPAIR MARKET 2021-2028 (IN $ MILLION) 

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