South and Central America Soft Tissue Repair Market Analysis, Size, and Share by 2028
South and Central America Soft Tissue Repair Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Fixation Instruments and Tissue Mesh/Patch) and Application (Orthopedic Repair, Hernia Repair, Breast Reconstruction, Pelvic and Vaginal Prolapse Repair, Skin Repair, Dental Repair, Dural Repair, and Others)
- Status : Published
- Report Code : TIPRE00025760
- Category : Life Sciences
- No. of Pages : 140
- Available Report Formats :
- Last update date : November 11, 2021
2021 Market Size
US$ 592.62 Mn
Base year value
2028 Forecast
US$ 821.53 Mn
Projected by 2028
CAGR 2022-2028
4.8 %
Growth rate
Addressable Market
US$ 5,026.05 Mn
(2022-2028)
The South and Central America soft tissue repair market is expected to grow from US$ 592.62 million in 2021 to US$ 821.53 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.
Playing sports benefits adolescents physiologically, psychologically, and socially. It helps improve health conditions, self-esteem, and social interactions, alongside decreasing the risk of depression. However, sports practice is inevitably linked with the occurrence of injuries. Also, ~3.5 million injuries are reported in the country each year, and ~75,000 children of age 14 and below are treated for these injuries. This high participation rate of children in sports, coupled with an increase in injuries, is creating demand for sports medicines. Contact sports such as basketball and football, involving contact and collision, possess a higher rate of sports injuries. This leads to severe injuries to joints, bones, and tendons, and other soft tissues. Such injuries require emergency treatment or even surgical procedures. As per Spinal Cord, Inc., ~170,000 children with basketball-related injuries were treated in hospital emergency rooms. Thus, the rising prevalence of sports injuries is contributing to the soft tissue repair market growth.
The imposition of lockdown across South and Central America restricted the access to health system facilities, which negatively impacted the treatment and management of acute and chronic cardiovascular diseases. However, the COVID-19 outbreak is having a critical impact on medical care in the region. Additionally, the nations are known for medical tourism, which the pandemic has also hit. The second wave of COVID-19 outbreak affected Brazil, Chile, Peru, Argentina, Uruguay, and Colombia. During the COVID-19 pandemic, the healthcare system in the region experienced the shortage of hospital beds. The region already lags behind in the research and development activities. However, the limited soft tissue repair industry is negatively impacted by this crisis. Factors such as closing of many manufacturing sites followed by lack of investment due to economic slowdown hinders country’s healthcare infrastructure.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
South and Central America Soft Tissue Repair Market Segmentation
- South and Central America Soft Tissue Repair Market – By Product
- Fixation Instruments
- Tissue Mesh/Patch
- South and Central America Soft Tissue Repair Market – By Application
- Orthopedic Repair
- Hernia Repair
- Breast Reconstruction
- Pelvic and Vaginal Prolapse Repair
- Skin Repair
- Dental Repair
- Dural Repair
- Others
- South and Central America Soft Tissue Repair Market – By Country
- Brazil
- Argentina
- Rest of South and Central America
South and Central America Soft Tissue Repair Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 592.62 Million |
| Market Size by 2028 | US$ 821.53 Million |
| CAGR (2021 - 2028) | 4.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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