South & Central America Pedicle Screws Market Forecast to 2030

South & Central America Pedicle Screws Market Forecast to 2030 – Regional Analysis – by Product Type (Polyaxial Pedicle Screw Systems, Monoaxial Pedicle Screw Systems, and Other Pedicle Screw Systems), Application (Thoracolumbar Fracture, Spinal Tumor, Scoliosis, Failed Spine Fusion, and Spondylitis), Surgery Type (Open Surgery and Minimally Invasive Surgery), and End User (Hospitals, Ambulatory Surgical Centers, and Other End User)

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Description

The South & Central America pedicle screws market was valued at US$ 74.51 million in 2022 and is expected to reach US$ 111.34 million by 2030; it is estimated to grow at a CAGR of 5.1% from 2022 to 2030 .

Increasing Adoption of Minimally Invasive Surgeries Contributing to Market Expansion fuel the South & Central America Pedicle Screws Market

The rising adoption of minimally invasive surgeries, coupled with technologically advanced robotic and image-guided (IG) surgeries, is anticipated to boost overall market growth, thereby providing lucrative opportunities for emerging market players. Over the past many years, minimally invasive surgical procedures have become feasible, popular, and efficient for managing spinal disorders. Spinal surgeries using pedicle screws are transforming significantly towards a minimally invasive paradigm. Navigated pedicle screw insertion has been proven fundamental in minimally invasive spinal surgeries. These types of surgeries provide various advantages over open surgeries, such as less damage to soft tissue and muscle, less pain post-surgery, shorter hospital stay, and quicker recovery.

Additionally, many companies in the pedicle screw market are involved in new product innovations to ease the overall surgical procedures. For instance, in January 2023, Orthofix Medical launched a fully commercial mariner deformity pedicle screw system. The product was launched to advance reduction and correct instrumentation, specialized implant technologies, and for osteotomy tools for better surgical intervention.

South & Central America Pedicle Screws Market Overview

The growth of the South & Central America pedicle screw market is driven by a large elderly population prone to spinal disorders, new product launches related to pedicle screws, rising minimally invasive surgeries, and adoption of pedicle screws and rods for various spinal fusion surgeries. As per the Ministry of Health of Brazil, the country is anticipated to rank fifth in terms of geriatric population worldwide by 2030. The WHO estimated that the elderly population would increase by more than 300%, and the overall population would grow by 30% by 2050 in the country. According to the Pan American Health Organization (PAHO), Brazil had more than 30 people aged above 60 in 2022, which represents 30% of the total population. The number of people aged above 60 is expected to reach ~50 million by 2050, which is expected to represent 24% of the total population of Brazil. The geriatric population is at a greater risk of fractures due to low bone density.

South & Central America Pedicle Screws Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Pedicle Screws Market Segmentation

The South & Central America pedicle screws market is segmented based on product type, application, end user, surgery type, and country.

Based on product type, the South & Central America pedicle screws market is segmented into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems. The polyaxial pedicle screw systems segment held the largest market share in 2022.

Based on application, the South & Central America pedicle screws market is segmented into thoracolumbar fracture, spinal tumor, scoliosis, failed fusion, and spondylitis. The thoracolumbar fracture segment held the largest market share in 2022.

Based on surgery type, the South & Central America pedicle screws market is bifurcated into open surgery and minimally invasive surgery. The open surgery segment held a larger market share in 2022.

Based on end user, the South & Central America pedicle screws market is segmented into hospitals, ambulatory surgical centers, and other end users. The hospitals segment held the largest market share in 2022.

Based on country, the South & Central America pedicle screws market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America pedicle screws market share in 2022.

Zimmer Biomet, Globus Medical Inc., B. Braun SE, Stryker Corp, Medtronic PLC, NuVasive Inc, and Orthofix Medical Inc. are some of the leading players operating in the South & Central America pedicle screws market.

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At 5.1% CAGR, the South & Central America Pedicle Screws Market is Speculated to be worth US$ 111.34 million by 2030, says The Research Team

According to The Research Team’ research, the South & Central America pedicle screws market was valued at US$ 74.51 million in 2022 and is expected to reach US$ 111.34 million by 2030, registering a CAGR of 5.1% from 2022 to 2030. Unprecedented shift towards aging population prone to spinal disorders and integration of 3D printing technology in spinal surgeries are the critical factors attributed to the South & Central America pedicle screws market expansion.

Recent product launches in the pedicle screw market include expansion, acquisitions, and strategic collaborations among the market players. For instance, in May 2023, Intelivation Technologies launched a new minimally invasive pedicle screw system, i.e., ‘Golden Isles’ minimally invasive screw, a percutaneous system that increases visualization and procedural flexibility for surgeons and results in minimal soft tissue disruption. Similarly, in June 2023, IMPLANET, a medical device technology specialized in orthopedic surgery, launched a minimally invasive pedicle screw positioning system. The product was a result of its partner Sanyou Medical. The companies in the market are also involved in expanding their pedicle screw business. For instance, in September 2021, Biedermann Motech developed the world’s first polyaxial pedicle screw (MOSS System) and declared that its most advanced system, the MOSS VRS pedicle screw platform, was fully modular. Similarly, in September 2021, Medtronic plc. declared its latest additions of its spine products i.e. Catalyft PL and PL40, The Space-D Access System, Accelerate Graft Delivery System with Grafton DBF to its minimally invasive spine surgery ecosystem. With this the company becomes a combination of navigation, biologics, spinal implants, robotics, and AI-powered data company to patients and surgeons. With respect to the strategic collaborations in the market, in September 2022, Omnia Medical and SpineGuard declared a strategic alliance for adult spine surgery in the United States. The partnership includes involvement of two novel devices i.e. a smart pedicle screw system and a smart drilling tool for sacroiliac joint fusion, both inserting the DSG (Dynamic Surgical Guidance) technology. The partnership also represents a strong mutual commitment providing advantages to surgeons and healthcare providers in the medical device industry.

On the contrary, regulatory hurdles and challenges associated with pedicle screw fixation hurdles the growth of South & Central America pedicle screws market.

Based on product type, the South & Central America pedicle screws market is categorized into polyaxial pedicle screw systems, monoaxial pedicle screw systems, and other pedicle screw systems. The polyaxial pedicle screw systems segment held 69.4% share of South & Central America pedicle screws market in 2022, amassing US$ 51.71 million. It is projected to garner US$ 79.15 million by 2030 to expand at 5.5% CAGR during 2022–2030.

Based on application, the South & Central America pedicle screws market is categorized into thoracolumbar fracture, spinal tumor, scoliosis, failed fusion, spondylitis. The thoracolumbar fracture segment held 43.3% share of South & Central America pedicle screws market in 2022, amassing US$ 32.25 million. It is projected to garner US$ 50.81 million by 2030 to expand at 5.8% CAGR during 2022–2030.

Based on surgery type, the South & Central America pedicle screws market is bifurcated into open surgery and minimally invasive surgery. The open surgery segment held 74.3% share of South & Central America pedicle screws market in 2022, amassing US$ 55.34 million. It is projected to garner US$ 75.98 million by 2030 to expand at 4.0% CAGR during 2022–2030.

Based on end user, the South & Central America pedicle screws market is categorized into hospitals, ambulatory surgical centers, and other end users. The hospitals segment held 57.6% share of South & Central America pedicle screws market in 2022, amassing US$ 42.89 million. It is projected to garner US$ 67.21 million by 2030 to expand at 5.8% CAGR during 2022–2030.

Based on country, the South & Central America pedicle screws market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 60.2% share of South & Central America pedicle screws market in 2022. It was assessed at US$ 44.88 million in 2022 and is likely to hit US$ 69.35 million by 2030, exhibiting a CAGR of 5.6% during 2022–2030.

Key players operating in the South & Central America pedicle screws market are Zimmer Biomet, Globus Medical Inc., B. Braun SE, Stryker Corp, Medtronic PLC, NuVasive Inc, and Orthofix Medical Inc., among others.

In Oct 2020, Stryker Marks One Million Mesa Pedicle Screw Implantations Globally. In Mar 2022, Zimmer Biomet Announces Completion of ZimVie Spinoff.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America pedicle screws market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America pedicle screws market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the South & Central America pedicle screws market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Pedicle Screw Market – Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Unprecedented Shift Towards Aging Population Prone to Spinal Disorders
4.1.2 Integration of 3D Printing Technology in Spinal Surgeries
4.2 Key Market Restraints
4.2.1 Regulatory Hurdles and Challenges Associated with Pedicle Screw Fixation
4.3 Key Market Opportunities
4.3.1 Increasing Adoption of Minimally Invasive Surgeries Contributing to Market Expansion
4.4 Key Market Trends
4.4.1 Increasing Key Activities of Market Players in the Pedicle Screw Market
4.5 Impact Analysis
5. Pedicle Screw Market – South & Central America Market Analysis
5.1 South & Central America Pedicle Screw Market Revenue (US$ Mn), 2022 – 2030
6. South & Central America Pedicle Screw Market – Revenue and Forecast to 2030 – by Product
6.1 Overview
6.2 Pedicle Screw Market Revenue Share, by Product 2022 & 2030 (%)
6.3 Polyaxial Pedicle Screw System
6.3.1 Overview
6.3.2 Table 1: Companies Offering Polyaxial Pedicle Screw Systems
6.3.3 Polyaxial Pedicle Screw System : Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
6.4 Monoaxial Pedicle Screw System
6.4.1 Overview
6.4.2 Table 2: Companies Offering Monoaxial Pedicle Screw System
6.4.3 Monoaxial Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
6.4.4 Other Pedicle Screw System
6.4.5 Other Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
7. South & Central America Pedicle Screw Market – Revenue and Forecast to 2030 – by Surgery Type
7.1 Overview
7.2 Pedicle Screw Market Revenue Share, by Type 2022 & 2030 (%)
7.3 Open Surgery Type
7.3.1 Overview
7.3.2 Open Surgery : Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Minimally Invasive Spine Surgery Type
7.4.1 Overview
7.4.2 Minimally Invasive Surgery: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Pedicle Screw Market – Revenue and Forecast to 2030 – by Application
8.1 Overview
8.2 Pedicle Screw Market Revenue Share, by Application 2022 & 2030 (%)
8.3 Thoracolumbar Fracture
8.3.1 Overview
8.3.2 Thoracolumbar Fracture: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Spinal Tumor
8.4.1 Overview
8.4.2 Spinal Tumor: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Scoliosis
8.5.1 Overview
8.5.2 Scoliosis: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Failed Spinal Fusion
8.6.1 Overview
8.6.2 Failed Spinal Fusion: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Spondylitis
8.7.1 Overview
8.7.2 Spondylitis: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Pedicle Screw Market – Revenue and Forecast to 2030 – by End User
9.1 Overview
9.2 Pedicle Screw Market Revenue Share, by End User 2022 & 2030 (%)
9.3 Hospitals
9.3.1 Overview
9.3.2 Hospitals: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Ambulatory Surgical Centres (ASCs)
9.4.1 Overview
9.4.2 Ambulatory Surgical Centers: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Specialty Clinics
9.5.1 Overview
9.5.2 Specialty Clinics: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Pedicle Screw Market – Revenue and Forecast to 2030 – Country Analysis
10.1 South & Central America: Pedicle Screw Market
10.1.1 Overview
10.1.2 South & Central America: Pedicle Screw Market, by Country, 2022 & 2030 (%)
10.1.2.1 Brazil: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 Brazil: Pedicle Screw Market- Revenue and Forecasts to 2030 (US$ Million)
10.1.2.1.3 Brazil: Pedicle Screw Market, by Product, 2020–2030 (US$ Million)
10.1.2.1.4 Brazil: Pedicle Screw Market, by Type, 2020–2030 (US$ Million)
10.1.2.1.5 Brazil: Pedicle Screw Market, by Surgery Type, 2020–2030 (US$ Million)
10.1.2.1.6 Brazil: Pedicle Screw Market, by End User, 2020–2030 (US$ Million)
10.1.2.2 Argentina: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 Argentina: Pedicle Screw Market- Revenue and Forecasts to 2030 (US$ Million)
10.1.2.2.3 Argentina: Pedicle Screw Market, by Product, 2020–2030 (US$ Million)
10.1.2.2.4 Argentina: Pedicle Screw Market, by Type, 2020–2030 (US$ Million)
10.1.2.2.5 Argentina: Pedicle Screw Market, by Surgery Type, 2020–2030 (US$ Million)
10.1.2.2.6 Argentina: Pedicle Screw Market, by End User, 2020–2030 (US$ Million)
10.1.2.3 Rest of South & Central America: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 Rest of South & Central America: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.3 Rest of South & Central America: Pedicle Screw Market, by Product, 2020–2030 (US$ Million)
10.1.2.3.4 Rest of South & Central America: Pedicle Screw Market, by Type, 2020–2030 (US$ Million)
10.1.2.3.5 Rest of South & Central America: Pedicle Screw Market, by Surgery Type, 2020–2030 (US$ Million)
10.1.2.3.6 Rest of South & Central America: Pedicle Screw Market, by End User, 2020–2030 (US$ Million)
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies in Pedicle Screw Market
11.3 Organic Growth Strategies
11.3.1 Overview
11.4 Inorganic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 Zimmer Biomet Holdings Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Globus Medical Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 B. Braun SE
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Stryker Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Medtronic Plc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 NuVasive Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Orthofix Medical Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About Us
13.2 Glossary of Terms

LIST OF TABLES

Table 1. South & Central America Pedicle Screw Market Segmentation
Table 2. Brazil Pedicle Screw Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 3. Brazil Pedicle Screw Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 4. Brazil Pedicle Screw Market, by Surgery Type – Revenue and Forecast to 2030 (US$ Million)
Table 5. Brazil Pedicle Screw Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 6. Argentina Pedicle Screw Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 7. Argentina Pedicle Screw Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 8. Argentina Pedicle Screw Market, by Surgery Type – Revenue and Forecast to 2030 (US$ Million)
Table 9. Argentina Pedicle Screw Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 10. Rest of South & Central America Pedicle Screw Market, by Product – Revenue and Forecast to 2030 (US$ Million)
Table 11. Rest of South & Central America Pedicle Screw Market, by Type– Revenue and Forecast to 2030 (US$ Million)
Table 12. Rest of South & Central America Pedicle Screw Market, by Surgery Type – Revenue and Forecast to 2030 (US$ Million)
Table 13. Rest of South & Central America Pedicle Screw Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 14. Recent Organic Growth Strategies in Pedicle Screw Market
Table 15. Recent Inorganic Growth Strategies in the Pedicle Screw Market
Table 16. Glossary of Terms, Pedicle Screw Market

LIST OF FIGURES

Figure 1. South & Central America Pedicle Screw Market Segmentation, By Country
Figure 2. South & Central America Pedicle Screw Market – Key Industry Dynamics
Figure 3. South & Central America Pedicle Screw Market: Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Pedicle Screw Market Revenue (US$ Mn), 2022 – 2030
Figure 5. South & Central America Pedicle Screw Market Revenue Share, by Product 2022 & 2030 (%)
Figure 6. Polyaxial Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Monoaxial Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Other Pedicle Screw System: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. South & Central America Pedicle Screw Market Revenue Share, by Type 2022 & 2030 (%)
Figure 10. Open Surgery: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Minimally Invasive Surgery: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. South & Central America Pedicle Screw Market Revenue Share, by Application 2022 & 2030 (%)
Figure 13. Thoracolumbar Fracture: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Spinal Tumor: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Scoliosis: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Failed Spinal Fusion: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Spondylitis: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. South & Central America Pedicle Screw Market Revenue Share, by End User 2022 & 2030 (%)
Figure 19. Hospitals: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Ambulatory Surgical Centers: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. Specialty Clinics: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 22. South & Central America: Pedicle Screw Market, By Key Country – Revenue (2022) (US$ Million)
Figure 23. South & Central America: Pedicle Screw Market Share by Country – 2022 & 2030, (%)
Figure 24. Brazil: Pedicle Screw Market- Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Argentina: Pedicle Screw Market- Revenue and Forecasts to 2030 (US$ Million)
Figure 26. Rest of South & Central America: Pedicle Screw Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Growth Strategies in Pedicle Screw Market

The List of Companies – South & Central America Pedicle Screws Market

o Zimmer Biomet
o Globus Medical Inc.
o B. Braun SE
o Stryker Corp
o Medtronic PLC
o NuVasive Inc
o Orthofix Medical Inc.

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