The South America DVT preventive pump market is expected to grow from US$ 37.68 million in 2022 to US$ 46.63 million by 2028; it is estimated to record a CAGR of 3.6% from 2022 to 2028.
Increase in Surgical Procedures and High Adoption Rate of DVT Preventive Pumps Fuels South America DVT Preventive Pump Market Growth
Over time, the healthcare industry is developing tremendously on a SAM level supported by government and non-government organizations and investments to ensure high-quality service and infrastructure for the increasing patient population, the There has been significant growth in chronic conditions such as cardiovascular disorders, orthopedic disorders, and cancer, along with the surge in trauma cases on the SAM level has increased surgical procedures. According to the National Library of Medicine, a total of 99,333 orthopedic surgeries were performed in Chile in 2020. Additionally, government and non-government organizations in South American countries have favorable reimbursement policies, which further propel the number of surgical procedures performed in these countries. The surgery patients are more prone to DVT especially orthopedic surgery patients, as per the national library of medicine 2019 report, the incidence rate of postsurgical DVT in orthopedic patients is 7.2% which is doubled in patient aged 60 years and above. Therefore, the rising prevalence of DVT in surgery patients has increased the demand for effective preventive methods and DVT pumps is one of the most effective and efficient method without any side effects. Due to the reduced side effects and increased efficiency the DVT pumps are preferred by large patient population. Thus, the increase in surgical procedures and high adoption rate of DVT preventive pumps after surgeries are expected to create lucrative opportunities for the South America DVT preventive pump market over the forecast period.
South America DVT Preventive Pump Market Overview
Brazil, Argentina, and the Rest of South America are the three major countries in South & Central America (SCAM). The growth of South America DVT preventive pump market is ascribed to the increasing awareness among people with growing venous thromboembolism (VTE) prevalence, ongoing research studies relevant to DVT treatment, and the presence of various centers educating people on DVT.
South America DVT preventive pump Market Revenue and Forecast to 2028 (US$ Million)
South America DVT preventive pump Market Segmentation
The South America DVT preventive pump market is segmented on the basis of service type, end user, and country.
Based on type, the South America DVT preventive pump market is bifurcated into lower extremity and upper extremity. The lower extremity testing segment held a larger market share in 2022.
Based on end user, the South America DVT preventive pump market is segmented into hospitals and clinics, surgical centres, and others. The hospitals and clinics segment held the largest market share in 2022.
The South America DVT preventive pump market, by country, is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the market in this region in 2022.
The South America DVT preventive pump market is Devo Medical Products Inc.; Breg Inc.; Cardinal Health Inc.; Arjo AB; Mego Afek Ltd.; DJO LLC; Zimmer Biomet Holdings Inc.; and Medcaptain Medical Technologies Co Ltd are among the leading companies operating in the South America DVT preventive pump market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 37.68 Million |
| Market Size by 2028 | US$ 46.63 Million |
| CAGR (2022 - 2028) | 3.6% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
|
| South and Central America | Brazil, Argentina, Rest of South and Central America |
| Market leaders and key company profiles |
|
The South America DVT Preventive Pump Market is valued at US$ 37.68 Million in 2022, it is projected to reach US$ 46.63 Million by 2028.
As per our report South America DVT Preventive Pump Market, the market size is valued at US$ 37.68 Million in 2022, projecting it to reach US$ 46.63 Million by 2028. This translates to a CAGR of approximately 3.6% during the forecast period.
The South America DVT Preventive Pump Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America DVT Preventive Pump Market report:
The South America DVT Preventive Pump Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America DVT Preventive Pump Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America DVT Preventive Pump Market value chain can benefit from the information contained in a comprehensive market report.
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