Brazilian Market for Orthopedic Soft Tissue Repair & Sports Medicine 2013 – MedSuite
The Brazilian market for orthopedic soft tissue repair includes anterior and posterior cruciate ligament (ACL/PCL) fixation products, meniscal repair devices, rotator cuff repair devices, shoulder and labrum repair devices, hip arthroscopy devices and biceps tenodesis devices. These devices are used for closed technique treatments of worn or injured joints. The majority of such treatments are performed on knee and shoulder joints, although there is an increasing interest among the surgical community regarding hip and small joint arthroscopy.
- Year: 2013
- Scope: 2009-2019
- Region: Brazil
- Published Date: 10/01/2013
- Pages: 154
- Type: MedSuite
In 2012, the Brazilian market for orthopedic soft tissue repair reached $394.5 million.
All segments of the Brazilian orthopaedic soft tissue repair market are being fueled by medical industry growth in Brazil. Every year more hospitals are being built in Brazil, and thus demand increases for soft tissue repair products. Additionally, with the growing economy, more money is being spent on improving the health care system, leading to an increase in the number of people able to afford private insurance. The prices of products sold in the private health care system are 3 to 5 times higher than prices of products sold to public hospitals, which will further fuel market growth over the forecast period.
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