Latin America spinal implants market is anticipated to grow at a CAGR around 5.9% during the forecast period. The market in Latin America is fueled by the aging population, emerging technologies such as fusion, fixation, decompression and motion preservation within the industry and increasing access to healthcare in these promising economies such as Brazil and South Africa. The Latin America spinal implants market has considerable growth due to the rising demand for minimally invasive surgery owing to the improved clinical outcomes, reduced surgical times for these procedures. Moreover, innovative devices include interbody fusion devices, artificial disc replacement devices and vertebral compression fractures (VCF) treatment devices among others and new surgical techniques such as those that are designed to enhance spinal fusion procedures or those offering viable non-fusion alternatives are propelling the growth of the spinal implants market in Latin America during the forecast period.
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Latin America spinal implants market is segmented on the basis of type, material and end-user. Based on type, the market is segmented into fusion implants and non-fusion implants. Based on material, the market is segmented into metallic, polymeric and ceramic. Based on end-user, the market is segmented into hospitality & clinics and ambulatory surgical centers.
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Latin America Spinal Implants Market Segmentation
By Type
Fusion Implants
Non-Fusion Implants
By Material
Metallic
Polymeric
Ceramic
By End-User
Hospitals & Clinics
Ambulatory Surgical Centers
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