Brazil Burn Ointment Market Size & Outlook, 2020-2027
Brazil burn ointment market, 2016-2027 (US$M)
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Brazil burn ointment market highlights
- The Brazil burn ointment market generated a revenue of USD 32.4 million in 2020 and is expected to reach USD 50.5 million by 2027.
- The Brazil market is expected to grow at a CAGR of 6.6% from 2021 to 2027.
- In terms of segment, topical antibiotics was the largest revenue generating product in 2020.
- Silver is the most lucrative product segment registering the fastest growth during the forecast period.
Burn ointment market data book summary
| Market revenue in 2020 | USD 32.4 million |
| Market revenue in 2027 | USD 50.5 million |
| Growth rate | 6.6% (CAGR from 2020 to 2027) |
| Largest segment | Topical antibiotics |
| Fastest growing segment | Silver |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Topical Antibiotics, Silver, Iodine |
| Key market players worldwide | Johnson & Johnson, Sun Pharmaceutical Industries, Smith & Nephew PLC, ConvaTec Group PLC, Dr. Morepen Limited |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.8% of the global burn ointment market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Latin America, Brazil burn ointment market is projected to lead the regional market in terms of revenue in 2027.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 44.3 million by 2027.
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Burn Ointment Market Scope
Burn Ointment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil burn ointment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to burn ointment market will help companies and investors design strategic landscapes.
Topical antibiotics was the largest segment with a revenue share of 35.19% in 2020. Horizon Databook has segmented the Brazil burn ointment market based on topical antibiotics, silver, iodine covering the revenue growth of each sub-segment from 2016 to 2027.
Brazil is for the largest medical device market in Latin America and the region is expected to dominate the medical device outsourcing market during the forecast period. Brazil is expected to be the target market for international medical device companies, thereby contributing to the demand for regulatory services during the forecast period.
Brazil’s National Health Surveillance Agency has included regulatory requirements that manufacturing services companies must attain a license as a medical manufacturing unit to maintain quality, safety, and performance parameters.
This has made Brazil one of the favorable markets for various foreign manufacturers. In addition, the growing demand for medical device outsourcing and presence of a stable regulatory system are expected to boost the growth of the region. Brazil follows a four-tier and risk-based classification system.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil burn ointment market, including forecasts for subscribers. This country databook contains high-level insights into Brazil burn ointment market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Brazil burn ointment market size, by product, 2016-2027 (US$M)
Brazil Burn Ointment Market Share, 2020 & 2027 (US$M)
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