PUBLISHER: KBV Research | PRODUCT CODE: 1395792
PUBLISHER: KBV Research | PRODUCT CODE: 1395792
The Latin America, Middle East and Africa Orthopedic Navigation Systems Market would witness market growth of 14.5% CAGR during the forecast period (2023-2030).
The integration of advanced imaging technologies, such as cone-beam CT and intraoperative 3D imaging, is enhancing the accuracy and real-time visualization capabilities of navigation systems. There is a growing trend toward developing more compact and portable navigation systems, making them more accessible for various healthcare settings, including outpatient centers. AI-driven navigation systems are gaining prominence for their ability to assist surgeons in decision-making, improve preoperative planning, and enable predictive analytics for better outcomes.
Moreover, AR is being incorporated into navigation systems, providing surgeons a mixed-reality view of the surgical field. AR overlays essential data onto the surgeon's view, enhancing precision and reducing cognitive load. Personalized surgical planning and navigation systems tailored to individual patient anatomy are becoming increasingly common. These systems enable truly patient-specific procedures and optimize implant sizing and placement.
The UAE has witnessed a decrease in fertility rates over the years. Many couples opt for smaller families as family planning and women's education has improved. This demographic trend contributes to an older population structure. According to the Dubai Statistics Center, senior citizens account for nearly 6.6% of Dubai's Emirati population. This percentage is expected to rise gradually based on the continuous increase of people's age & the development of health care services. Thus, with the rising elderly population in regional nations like Brazil and UAE, the market will grow in the LAMEA region.
The Brazil market dominated the LAMEA Orthopedic Navigation Systems Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $92.2 Million by 2030. The Argentina market is showcasing a CAGR of 15.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 14.2% during (2023 - 2030).
Based on End-use, the market is segmented into Hospitals, and Ambulatory Surgical Centers. Based on Application, the market is segmented into Knee, Hip, and Spine. Based on Technology, the market is segmented into Optical, Electromagnetic, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include B. Braun Melsungen AG, Stryker Corporation, Medtronic PLC, Smith & Nephew PLC, Johnson & Johnson, Zimmer Biomet Holdings, Inc., Vuzix Corporation, Kinamed Inc., Globus Medical, Inc. and Exactech, Inc.
Market Segments covered in the Report:
By End-use
By Application
By Technology
By Country
Companies Profiled
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