Latin America Bone Graft and Substitutes Market, Poised to Expand at a CAGR of 5.6% with Top Companies are RTI Surgical, Inc., NuVasive, Inc., Exactech, Inc

Drivers

Bone graft substitutes are osteoinductive, biocompatible, bioresorbable, and structurally similar to bone, as well as being simple to use and affordable. Dental implants, fibular shafts, and other applications use bone graft replacements. Osteo-induction, osteo-conduction, osteo-promotion, and osteo-genesis are all features of bone grafts. These are the biological processes that enable bone grafting to take place.

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The invention of novel bone grafts by key market players is propelling the growth of the Latin America bone graft and substitutes market. In September 2018, NuVasive, Inc. added three new biologics drugs to its existing Prope demineralized bone matrix (DBM) product line: standard bone allograft, amniotic membrane DS, and external type factors. In 2016, Zimmer Biomet Holdings, Inc. introduced PrimaGen Advanced Allograft, an autograft alternative with the same bone-healing properties as autograft but without the chances of donor site morbidity or extract location complications.

The demand is expected to increase as the number of approvals from healthcare regulatory bodies for novel bone graft implants rises. Zimmer Biomet Holdings, Inc. obtained FDA (Food and Drugs Administration) approval for its Comprehensive Augmented Baseplate in 2018, which provides a solution to bone grafting and peculiar reaming for patients receiving joint replacement with bony defects.

Browse 16 Market Data Tables and 18 Figures spread through 163 Pages and in-depth TOC on “Latin America Bone Graft and Substitutes Market , by Product Type (Bone graft (Xenografts and Allografts) and Bone Graft Substitutes (Bone Morphogenetics Proteins, Ceramics, Polymers, Composites, and Others)), by Application (Trauma, Joint Reconstruction, Spinal Fusion, Craniomaxillofacial, Dental Bone Grafts, and), and by Country (Chile, Colombia, Peru, and Rest of Latin America) – Country Specific Forecast to 2026”

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Due to the rising prevalence of orthopedic diseases such as arthritis and osteoporosis, a large number of patients are likely to undergo joint and spine replacement surgeries. As per the Epidemiology of Osteoporosis in Mexico report from 2013, one in every 12 women and one in every 20 men in Mexico were hospitalized with a hip fracture after the age of 50. Furthermore, owing to the increased expected lifespan and population mortality, the absolute number of hip fractures in the Mexican population is projected to rise even more in the coming decades.

Increased healthcare spending in Latin American countries like Chile, Peru, and Colombia is projected to drive business expansion. Chile’s annual healthcare spending accounted for nearly 8% of its GDP in 2018, according to the International Trade Administration (ITA). Furthermore, growing medical tourism in Peru is adding to the market’s expansion. Medical tourism in Peru grew significantly between 2010 and 2015, according to the Medical Tourism Association (MTA). Around 250,000 people fly to Peru each year for low-cost, high-quality medical care. Lima holds the majority of Peru’s medicinal tourism facilities.

Key Takeaways

Due to the rising prevalence of orthopedic disorders such as arthritis, the Latin America bone graft and substitutes market is projected to develop at a 5.8% CAGR from 2018 to 2026.

The bone graft segment is estimated to have the largest market share in the Latin America bone graft and substitutes market across product types. Bone grafting, after blood transfusion, is the second most common tissue transplantation procedure worldwide, as per the Journal of Materials Science and Materials in Medicine, 2014.

Key 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.

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Reasons to Purchase This Report

• Current and future of Latin America Bone Graft and Substitutes Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Table of Contents

1. Research Objective and Assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Overview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Product Type
     • Market Snippet, By Application
     • Market Snippet, By Country
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Impact Analysis
   • Market Trends
   • Key Developments
   • Technology Advancements
   • Historical Overview
   • Merger and Acquisition
   • Regulatory Scenario
   • PORTER’S Five Forces
   • PEST Analysis
4. Latin America Bone Graft and Substitutes Market, By Product Type, 2018 – 2026, (US$ Million)
   • Introduction
     • Market Share Analysis, 2018 and 2026 (%)
     • Y-o-Y Growth Analysis, 2017 – 2026
     • Segment Trends
   • Bone Grafts
     •  Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
       • Allograft
         • Introduction
         • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
       • Xenograft
         • Introduction
         • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
   • Bone Graft Substitutes
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
       • Ceramics
         • Introduction
         • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
       • Composites
         • Introduction
         • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
       • Polymers
         • Introduction
         • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
   • Bone Morphogenetic Proteins
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
       • Others
         • Introduction
         • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
5. Latin America Bone Graft and Substitutes Market, By Application, 2018 – 2026, (US$ Million)
   • Introduction
     • Market Share Analysis, 2018 and 2026 (%)
     • Y-o-Y Growth Analysis, 2017 – 2026
     • Segment Trends
   • Spinal Fusion
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
   • Dental Bone Grafts
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
   • Craniomaxillofacial
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
   • Joint Reconstruction
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
   • Trauma
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
6. Latin America Bone Graft and Substitutes Market, By Country, 2018 – 2026, (US$ Million)
   • Introduction
     • Market Share Analysis, By Country, 2018 and 2026 (%)
     • Y-o-Y Growth Analysis, By Country, 2017 – 2026
     • Regional Trends
   • Colombia
     • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
     • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
   • Peru
     • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
     • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
   • Chile
     • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
     • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)
   • Rest of Latin America
     • Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
     • Market Size and Forecast, By Application, 2016 – 2026, (US$ Million)