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(Medical-NewsWire.com, February 14, 2019 ) Latin America Surgical Staplers Market Surgical stapling is a technological advancement in medical wound closure methods and is often used as an alternative to traditional methods like suturing. The use of surgical staplers not only expedites the closure procedure but also minimises post procedural complexities like bleeding, and reduces hospital stays, etc. The Latin America surgical staplers market is expected to grow at a CAGR of 6.70%, leading to a revenue of USD 0.21 Bn by 2023.
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Most countries in Latin America are experiencing epidemiologic and nutrition transitions. The epidemiologic transition is characterised by a shift from highly infectious diseases and mortality to increase of non-communicable diseases. The nutrition transition is due to a shift from high prevalence of malnutrition to predominance of diet-related non-communicable diseases like obesity. Obesity increases the probability of having heart problems due to rise in cholesterol level, etc., thereby raising the possibility of requiring cardiac surgeries as well as bariatric surgeries for stomach fat reduction. The ageing of Mexico's population and an increase in chronic diseases such as cancer and diabetes (at 56 percent and 219 percent, respectively, between 1980 and 2011), are driving up demand for surgeries in Latin America. Also, there is a surge in health insurance penetration in the region of late. In 2016, AON announced a deal to acquire Admix to build its position in the growing private health insurance market in Latin America. All these factors are driving the growth of the surgical staplers market in the region.
The Latin America surgical staplers market is segmented by product into manual and powered surgical staplers and by type into reusable and disposable surgical staplers. The manual surgical staplers dominated the market share in 2017 while the reusable surgical is expected to grow at a higher CAGR during the forecast period (2018-2023).
The Latin America surgical staplers market is further segmented based on its applications - abdominal surgery, cardiac surgery, orthopaedic surgery, general surgery and other surgeries. In 2017, the general surgeries segment held the biggest share of the market.
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Table Of Content
Chapter 1: Executive summary
1.1 Market scope and segmentation
1.2 Key questions answered in this study
1.3 Executive summary
Chapter 2: Introduction
2.1. Market definitions
2.2. Value chain of surgical staplers
Chapter 3: Latin America surgical staplers market overview
3.1. Latin America market overview
- Historical (2015-2017) market size (USD Bn)
- Forecasted (2018-2023) market size (USD Bn)
- Key observations
3.3. Drivers
3.4. Challenges
3.5. Trends
Chapter 4: Latin America surgical staplers market segmentation - by product
4.1. Latin America market share and size (USD Bn - 2017) - by products (manual and powered)
4.2. Latin America manual surgical staplers market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
4.3. Latin America powered surgical staplers market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
Chapter 5: Latin America surgical staplers market segmentation - by type
5.1. Latin America market share and size (USD Bn - 2017) - by type (reusable and disposable)
5.2. Latin America reusable surgical staplers market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
5.3. Latin America disposable surgical staplers market
- Market size (USD Bn) (2015, 2017, 2023)
- Drivers
- Challenges
Chapter 6: Latin America surgical staplers market segmentation - by application
6.1. Latin America market share and size (USD Bn - 2017) - by application (abdominal surgery, orthopedic surgery, cardiac surgery, general surgery, other surgery)
- Market size (USD Bn) (2015, 2017, 2023)
- Observations
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