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Latin American Markets for Orthopedic Devices
Latin American markets for orthopedic devices
Millennium Research Group, A Decision Resources, Inc. Company

In 2005, the Latin American orthopedic device market, comprising Argentina, Brazil, Colombia, and Mexico, was valued at over $290 million. Strong growth of the aging population coupled with improving health care services will drive growth of the Latin American orthopedic device market. These changing demographics will particularly propel growth in the reconstructive and spinal implant markets. The trauma fixation device market segment, on the other hand, will expand due to an increase in the number of automobile accidents, which is attributed to poor road conditions and inadequate safety regulations. Nevertheless, because the majority of health care services in Latin America are provided by the financially strained ...

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