
South & Central America Skull Clamp Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 124 | Report Code: BMIRE00028798 | Category: Life Sciences
No. of Pages: 124 | Report Code: BMIRE00028798 | Category: Life Sciences
The South & Central America skull clamp market size is expected to reach US$ 188.67 million by 2031 from US$ 89.55 million in 2023. The market is estimated to record a CAGR of 9.8% from 2024 to 2031.
The skull clamp market in South America is steadily growing, driven by advancements in neurosurgery, rising healthcare standards, and an increasing demand for precise and safe surgical procedures. Countries like Brazil and Argentina are witnessing an expansion in healthcare infrastructure, leading to greater adoption of advanced medical equipment, including skull clamps, for procedures like brain surgeries and trauma care. The market is also supported by the rising prevalence of neurological conditions and the need for better surgical outcomes. Key players in the market are focusing on product innovations and improving the affordability and accessibility of skull clamps, driving the market's growth.
South & Central America Skull Clamp Market Strategic Insights
South & Central America Skull Clamp Market Segmentation Analysis
Key segments that contributed to the derivation of the skull clamp market analysis are product, application, material, accessories, and end user.
There is an increasing prevalence of neurological disorders such as Alzheimer’s disease, Parkinson’s disease, and epilepsy, mainly in low- and middle-income countries. According to WHO, in 2024, about 50 million people worldwide are suffering from epilepsy, and about 80% of these people live in low- and middle-income countries. According to Parkinson’s Foundation in 2023, more than 10 million people across the world were suffering from Parkinson’s disease. Drugs are generally used for the treatment of these diseases. However, there is an increase in focus on the use of surgical methods such as deep brain stimulation for the treatment of neurological disorders, specifically when the drugs have low effects. According to an article “Epilepsy Surgery”, epilepsy patients may be treated with the help of a small electrode. As per the same article, about 50% of patients who undergo neuromodulation surgeries may experience better control of their seizures. Between 50% and 85% of individuals who undergo resection surgery or a hemispherectomy may experience significant improvement in seizure control and become seizure-free in some cases. Due to the better results of surgical procedures for neurological disorders, there will be an increase in the number of patients that will opt for these options, which, in turn, will fuel the number of neurological surgeries. As these surgeries are related to the brain, stabilization of the skull during the surgery is important. Thus, there will be an increase in demand for skull clamps. Thus, the increasing prevalence of neurological disorders is expected to offer lucrative opportunities for the growth of the skull clamp market during the forecast period.
Based on country, the South & Central America skull clamp market comprises Brazil, Argentina, and the Rest of South & Central America. Brazil held the largest share in 2023.
Several factors contribute to brain surgeries, including hypertension, high blood pressure, and diabetes, among others. These risk factors cause ruptures in the aneurysm, causing stroke; thus, the high prevalence of stroke cases in Brazil fuels the market growth. Also, primary healthcare advancements have focused on preventing stroke and other neurological disorders. Research studies conducted in the geographical location have confirmed that brain surgery is widely adopted as a treatment option, which fuels the growth of the market.
Many institutes are working toward promoting research associated with neuroscience in Brazil. For instance, the Brazilian Institute of Neuroscience and Neurotechnology (BRAINN) is a São Paulo Research Foundation (FAPESP). This funded institute inspects the molecular mechanisms underlying epilepsy, stroke, and lesions associated with these diseases. These research activities have shown vital applications for prevention, diagnosis, and treatment to better understand normal and abnormal brain function. The Neurosurgery Unit of the Hospital de Base do Distrito Federal (UNC/HBDF) is the reference facility for approximately 4 million individuals that inhabit the Federal District and nearby municipalities. The unit conducts an average of 1,300 neurosurgeries per year, ~250 to treat cerebrovascular diseases, and about 130 microsurgeries to treat cerebral aneurysms, counting ruptured and unruptured ones. Thus, the developments in the neurological segment are expected to propel the market during the forecast period.
South & Central America Skull Clamp Market Report Highlights
Report Attribute
Details
Market size in 2023
US$ 89.55 Million
Market Size by 2031
US$ 188.67 Million
Global CAGR (2024 - 2031)
9.8%
Historical Data
2021-2022
Forecast period
2024-2031
Segments Covered
By Product
By Application
By Material
By Accessories
By End User
Regions and Countries Covered
South and Central America
Market leaders and key company profiles
South & Central America Skull Clamp Market Company Profiles
Some of the key players operating in the market include Black Forest Medical Group, Integra LifeSciences Holdings Corp, TeDan Surgical Innovations, Barrfab Industria Commerce Import and Export of Hospital Equipment Ltda, Herbert Thailand Co Ltd, Medifa GmbH & Co KG, Micromar Industria e Com Ltda, Schaerer Medical AG, Becton Dickinson and Co, and Baxter International Inc among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
Business Market Insights’ conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis, and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The South & Central America Skull Clamp Market is valued at US$ 89.55 Million in 2023, it is projected to reach US$ 188.67 Million by 2031.
As per our report South & Central America Skull Clamp Market, the market size is valued at US$ 89.55 Million in 2023, projecting it to reach US$ 188.67 Million by 2031. This translates to a CAGR of approximately 9.8% during the forecast period.
The South & Central America Skull Clamp 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 & Central America Skull Clamp Market report:
The South & Central America Skull Clamp Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Skull Clamp Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Skull Clamp Market value chain can benefit from the information contained in a comprehensive market report.