Product Description
Overall, the Brazil minimally invasive spinal implant market was valued at over $22 million in 2023. This is expected to increase over the forecast period at a CAGR of 10% to reach over $43 million.
The full report suite on the Brazilian market for minimally invasive spinal implants includes segments for MIS interbody devices, MIS pedicle screws, spinous process fixation, facet fixation, MIS sacroiliac joint fusion, spine endoscope and MIS spine instrumentation. Growth is expected in many segments as patient demographics in Brazil maintain a steady demand for such procedures. However, other segments have seen a decline as a result of competing technologies and difficulties created by currency fluctuation.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2030, and Historical Data to 2020
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Procedure Numbers
- Company Profiles, Product Portfolios and SWOT for Top Competitors
BRAZIL MINIMALLY INVASIVE SPINAL IMPLANT MARKET TRENDS
BRAZIL MINIMALLY INVASIVE SPINAL IMPLANT MARKET SHARE INSIGHTS
- ZimVie/Highridge Medical held the largest overall share of the Brazilian MIS spine market in 2023. While smaller companies tend to focus primarily on the private healthcare sector, ZimVie/Highridge Medical has successfully established relationships with both the private and public sectors. This dual presence has enhanced its brand recognition and familiarity with surgeons, particularly when it comes to adopting new technologies. The company’s strong growth in Brazil has also been supported by its effective use of third-party vendors.
- Globus Medical/NuVasive held the second-largest share in the Brazilian MIS spine market in 2023, significantly expanding its presence following the merger. The company led the MIS interbody segment and held the second-largest share in the spinous process fixation market. Additionally, Globus Medical/NuVasive maintained notable shares in the MIS pedicle screw and facet fixation markets.
- DePuy Synthes ranked third in the Brazilian MIS spine market, with strong positions in the facet fixation, MIS interbody, and MIS pedicle screw segments.
MARKET SEGMENTATION SUMMARY
- MIS Interbody Device Market – Includes:
- MIPLIF, MITLIF, LLIF, OLIF markets.
- MIS Pedicle Screw Market – Includes:
- Percutaneous Cannulated MIS Pedicle Screws, Retractor Cannulated MIS Pedicle Screws, Retractor Non-Cannulated MIS Pedicle Screws.
- Spinous Process Fixation Market
- Facet Fixation Market
- MIS Sacroiliac Joint Fusion Market
- Spine Endoscope Market – Includes:
- Endoscope market, spine endoscope instrumentation market.
- MIS Surgery Instrumentation Market
Research Scope Summary
Report Attribute | Details |
---|---|
Regions | Latin America (Brazil) |
Base Year | 2023 |
Forecast | 2024-2030 |
Historical Data | 2020-2022 |
Quantitative Coverage | Market Size, Procedure Volume, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices. |
Qualitative Coverage | COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database. |