Latin America Orthopedic Trauma Devices Market size was valued at USD 7,413.9 million in 2021 and is expected to grow at a prominent growth rate during the forecast period 2022 to 2028. The market provides a detailed overview of the market, and that can be segmented by Type, by Material, by Application, and by end user. By type, the Latin America orthopedic trauma devices market has been segmented into Internal Fixator, External Fixator. The internal fixator orthopedic trauma devices segment is likely to be the largest and fastest-growing segment in terms of type. Based on material, the Latin America orthopedic trauma devices market is segmented into bioabsorbable materials, non-absorbable materials, and others. Among these, the bioabsorbable materials segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on application, the market is segmented into hip orthopedic, joint reconstruction, knee orthopedic, spine orthopedic, trauma Fixation, craniomaxillofacial orthopedic, dental orthopedic, and others. The knee orthopedic segment accounts for the largest share in 2021. Spine orthopedic segment is the second-largest share during the forecast period 2022-2028. Based on end user, the market is segmented into ambulatory surgical centers, emergency departments, hospitals and clinics, orthopedic centers, others. The ambulatory surgical centers segment accounts for the largest share in 2021.
In June 2022, Pega Medical acquired by OrthoPediatrics Corp., expanding its portfolio of trauma and deformity systems for paediatric orthopaedics.