LATIN AMERICA SOFT TISSUE REPAIR MARKET
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Latin America Soft Tissue Repair Market Size is anticipated to grow at a 7.84% CAGR from<br />
2016 to 2021 and it is estimated that the Latin America market was valued at USD 1.42<br />
billion in 2016 and is relied upon to achieve USD 2.07 billion by 2021.Soft tissue repair is a<br />
technique for restoring functions of damaged or injured tissues such as ligaments, muscles,<br />
and other tissues. Soft tissue repair can be accomplished through surgical meshes such as<br />
allografts, xenografts, alloplasts and synthetic.<br />
The major factors driving the market are the rise in the count of geriatric population, obesity<br />
and growing awareness for the treatment of tissue injuries. Moreover, rising incidences of<br />
sports related injuries and rising healthcare expenditure, are other factors that are likely to<br />
fuel the market growth. However, the high cost of treatment, lack of expertise, and an<br />
ambiguous reimbursement scenario are likely to curtail the market growth. Primary factors<br />
driving the growth of the global soft tissue repair market are increasing disposable income<br />
and changing lifestyles among populations in developing economies. Moreover, a rise in the<br />
geriatric population, increasing hernia repairs, and growing incidence of breast cancer are<br />
factors driving demand for wound care and soft tissue repair products globally. However,<br />
ethical concerns arising from cultural aversion towards the use of tissue from human<br />
cadavers and stringent regulations for biological meshes are expected to hamper the growth<br />
of the global soft tissue repair market.<br />
Latin America Soft Tissue Repair Market Segmentation by Product and Application. On the<br />
basis of Product, it is segmented into Mesh/Tissue patch, Allograft, Xenograft, Suture<br />
Anchor, Interference Screws and Laparoscopic Instruments. The tissue fixation products<br />
market is the most profitable market for soft tissue repair market by product as its<br />
capability to preserve tissue from decomposing and an increase in the mechanical strength<br />
of the tissue. On the basis of Application, it is segmented into Hernia, Dural, Orthopedic,<br />
Skin, Dental, Vaginal and Breast augmentation. An increase in the participation of youth in<br />
sports is one of the key driving factors of soft tissue repair market.<br />
Latin America Soft Tissue Repair Market geographical segmentation by Argentina, Brazil and<br />
Mexico. An increase in the disposable income and changing lifestyles among populations in<br />
developing economies, increasing hernia repairs, growing incidence of breast cancer and an<br />
increase in the treatment option for aging especially for geriatric population and minimally<br />
invasive procedures drive the market growth of soft tissue repair.<br />
The major Latin America Soft Tissue Repair Market leaders are LifeCell Corporation,<br />
Organogenesis, C.R. Bard Inc., Johnson & Johnson, Covidien plc, Arthrex Inc., Smith &<br />
Nephew plc, Integra Lifesciences Corporation, Wright Medical Technology, and Stryker<br />
Corporation.<br />
Market Segmentation:<br />
1 Product<br />
1.1 Introduction