Argentina Orthopedic Soft Tissue Repair Market Size & Outlook
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Argentina orthopedic soft tissue repair market highlights
- The Argentina orthopedic soft tissue repair market generated a revenue of USD 84.9 million in 2023 and is expected to reach USD 163.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, cruciate ligaments repair was the largest revenue generating application in 2023.
- Cruciate Ligaments Repair is the most lucrative application segment registering the fastest growth during the forecast period.
Orthopedic soft tissue repair market data book summary
| Market revenue in 2023 | USD 84.9 million |
| Market revenue in 2030 | USD 163.1 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Cruciate ligaments repair |
| Fastest growing segment | Cruciate Ligaments Repair |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rotator Cuff Repair, Epicondylitis, Achilles Tendinosis Repair, Pelvic Organ Prolapse, Gluteal Tendon Repair, Cruciate Ligaments Repair, Hip Arthroscopy, Biceps Tenodesis |
| Key market players worldwide | Integra Lifesciences Holdings Corp, Arthrex, Smith & Nephew PLC, DePuy Synthes, Stryker Corp, Conmed Corp, Zimmer Biomet Holdings Inc, Boston Scientific Corp, B. Braun, Wright Medical Group |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global orthopedic soft tissue repair market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil orthopedic soft tissue repair market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 163.1 million by 2030.
Cruciate ligaments repair was the largest segment with a revenue share of 42.05% in 2023. Horizon Databook has segmented the Argentina orthopedic soft tissue repair market based on rotator cuff repair, epicondylitis, achilles tendinosis repair, pelvic organ prolapse, gluteal tendon repair, cruciate ligaments repair, hip arthroscopy, biceps tenodesis covering the revenue growth of each sub-segment from 2018 to 2030.
One of the key factors estimated to drive the orthopedic soft tissue repair market in the country is ongoing increase in the number of sports injuries in the country, as a major proportion of the population is attracted to Rugby and Soccer.
Furthermore, the cost of tissue repair procedures, hip replacement, and knee replacement surgeries is quite low in the country, as compared to that in North America, owing to which many citizens from neighboring countries visit Argentina for replacement & tissue repair surgeries.
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Orthopedic Soft Tissue Repair Market Scope
Orthopedic Soft Tissue Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Wright Medical Group | View profile | 1001-5000 | Arlington, Tennessee, United States, North America | http://www.wright.com/ |
| Arthrex | View profile | 5001-10000 | Naples, Florida, United States, North America | https://www.arthrex.com/ |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Conmed Corp | View profile | 4000 | 11311 Concept Boulevard, Largo, FL, United States, 33773 | https://www.conmed.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| DePuy Synthes | View profile | 5001-10000 | Raynham, Massachusetts, United States, North America | https://depuysynthes.com |
| Integra Lifesciences Holdings Corp | View profile | 3946 | 1100 Campus Road, Princeton, NJ, United States, 08540 | https://www.integralife.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
Argentina orthopedic soft tissue repair market size, by application, 2018-2030 (US$M)
Argentina Orthopedic Soft Tissue Repair Market Outlook Share, 2023 & 2030 (US$M)
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