Trauma is a medical condition caused by various strains or physical injuries, such as, dislocation, fractures, or burns., for which the trauma fixation devices are a prominent solution. The upsurge in aged population in the Latin American countries has augmented the growth of market, as the aged people possess higher risk for osteoporosis leading to an increased demand for trauma fixation devices.
Further, increase in disposable incomes and growing awareness about latest developments in medical field along with the availability of advanced medical facilities, favourable reimbursement policies, rise in healthcare expenditure, high costs associated with surgeries, competitive pricing, and availability of substitutes have also contributed in the growth of Latin America trauma fixation devices market. However, problems associated with biocompatibility of the internal and external trauma devices and the high cost of advanced technologies are limiting the reach of the trauma fixation devices in these region.
The Latin America trauma fixation devices market is segmented on the basis of type into internal and external fixation devices. Screws, Rods, Plates, Wires and Intramedullary nails are included in internal fixation segment. Further, the external trauma fixation devices are segregated on the basis of technology into Unilateral, Circular and Hybrid Fixation.
The internal trauma fixation devices segment holds the largest share of the Latin America market. Besides, the demand for improved services in trauma surgeries is pursuing the manufacturers to develop products that are minimally invasive and more anatomical, like low-profile plating system for extremity fixation procedures. Furthermore, on the basis of geography the Latin America market for trauma fixation devices is analysed under Brazil, Argentina, and Mexico. Latin American countries such as Brazil and Mexico are anticipated to register greater market growth for trauma devices owing to improving access to healthcare, higher accident cases and favourable demographics.
Scope of the report: •Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
•Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
•Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
•Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
•Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
•A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
•An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
•Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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