The region consists of Brazil, Argentina, and the Rest of South America. Brazil is expected to have a major market share in this region. The major countries contributing to the market's growth include Chile, Colombia, Peru, and Bolivia. Developing healthcare facilities, rising geriatric population, and increasing incidence of hypertension and kidney and heart diseases are driving the organ care products market. The presence of international healthcare technology players is further strengthening the growth of the market in the region. Such developments are estimated to contribute to the growth of the SAM organ care products market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America organ care products market. The South America organ care products market is expected to grow at a good CAGR during the forecast period.
South America Organ Care Products Market Segmentation
The South America organ care products market is segmented into modality, organ type, end user, and country. Based on modality, the market is segmented into trolley and portable. In 2021, the trolley segment held a larger share of the market. In terms of organ type, the market is segmented into kidney, liver, heart, lungs, and others. In 2021, the kidney segment held the largest market share. Based on end user, the market is segmented into hospitals, ambulatory surgical centers, and others. In 2021, the hospitals segment held the largest share of the market. Based on country, the South America organ care products market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of South America.
Accord Healthcare, Dr. Franz Koehler Chemie GmbH, Organ Recovery Systems, TransMedics, and XVIVO Perfusion are among the leading companies in the South America organ care products market.