LATIN AMERICA BONE GRAFT AND SUBSTITUTES MARKET ANALYSIS

Regional Analysis

Latin America Bone Graft and Substitutes Market – Country-Wise Analysis

On the basis of country-wise segmentation, Latin America bone graft and substitutes market is divided into Colombia, Peru, Chile, and the rest of Latin America.

Colombia is projected to witness significant growth in Latin America bone graft and substitute market, owing to growing healthcare sector in the country. According to the World Health Organization (WHO), Colombia has the best and high quality healthcare system among all the Latin American countries. Moreover, WHO has ranked Colombia’s healthcare system at 22nd position out of all 191 countries across the world.

Peru is expected to witness significant growth in Latin America bone graft and substitutes market, owing to high presence of orthopedic and dental clinics focused on dental implants by using bone grafts. For instance, Smiles Peru is a major dental clinic located in Lima, Peru which offers dental treatments such as dental implants, bone graft, and regeneration.

Increasing number of clinical trial in Chile is expected propel growth of the market in the country. For instance, in November 2017, Mimetis Biomaterials S.L. initiated a clinical study in Chile and Spain to determine the efficacy of MimetikOss (bone grafting surgery) in an alveolar ridge preservation procedure followed by implant placement. The study is estimated to complete in October 2019.

Figure 2: Latin America Bone Graft and Substitutes Market Value (US$ Mn), By Country

Source: Coherent Market Insights Analysis (2019)