Monday, July 4, 2011

Latin American Markets for Spinal Implants and VCF 2011


The Latin American Market includes the following countries:

  • Argentina,
  • Brazil, and
  • Mexico
In 2010, the Latin American market for spinal implants, consisting of:
  • cervical fixation,
  • thoracolumbar fixation,
  • interbody fusion,
  • dynamic stabilization,
  • artificial discs,
  • VCF,
  • MIS interbody fusion and
  • MIS thoracolumbar fixation
These markets were valued at over $290 million in 2010. Growth in the spine market is largely driven by the growing economies and increasing access to medicine in Argentina, Brazil, and Mexico.
The fastest growing spinal implant market segments are the minimally invasive surgery segments, MIS interbody fusion and MIS thoracolumbar fixation, because of improved clinical outcomes and reduced surgical times for MIS procedures. However, the traditional fusion markets, including thoracolumbar fixation, cervical fixation and interbody fusion are expected to experience strong growth as well simply due to increased access. Growth is expected to gradually slow over the forecast period as access to spinal surgery becomes more common place in the Lain American region.
Within the European spinal implant market, companies such as Depuy, Medtronic, Synthes, Zimmer and local domestic manufacturers lead the market, among others. This report provides a comprehensive and detailed analysis of market revenues by device type, market forecasts through 2017, unit sales, average selling prices, market drivers and limiters and a detailed competitive analysis, including manufacturer market shares and product portfolios.
 
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